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Photon Control to Unveil New Multi-Channel Converter at Photonics West 2018

Richmond, BC, January 25, 2018 – Photon Control Inc. (“Photon Control” or the “Company”) (TSX-V: PHO), a leading developer and supplier of optical measurement technologies to the global semiconductor industry, announces the release of a 4-channel temperature converter.

The Multi-Channel system is a single electronic enclosure for 4 channels which reduces the space required for temperature sensing systems. Photon Control's temperature converters supply the highest accuracy measurement to the industry over a broad operating range. These converters are designed and developed specifically to meet the demanding and stringent requirements of high RF (Radio-Frequency) semiconductor process control applications.

"This new addition to the Photon Control fiber optic temperature sensor product line provides a solution to our customers that provides the industry's most accurate measurements while utilizing less of their valuable real-estate within the fabrication tool." Said, John Rydstrom, Sr. V.P of Sales.

Photon Control will be displaying the New 4-channel temperature converter January 30th to February 1st, at Moscone Center in San Francisco at Photonics West at booth #4437 located in North Hall D.

Accuracy, Speed, Quality and Partnership are the qualities that make Photon Control the #1 global supplier of fiber optic measurement technologies in the Wafer Fabrication Equipment and Semiconductor related industries. Photon Control has mastered the use of fiber optic temperature and other optical sensing technologies in the most complex environments in Etch, Deposition, and Semiconductor related processes.

For more information about Photon Control's 4-channel temperature converter and other product lines, please visit www.Photon-Control.com or email sales@photon-control.com.

About Photon Control Inc.

Photon Control Inc. designs, manufactures and distributes a wide range of optical sensors and instruments to measure temperature, position, and flow. These products are used by global Original Equipment Manufacturers (OEM) and end users in the semiconductor and other industries. Photon Control Inc.'s high quality products provide industry leading accuracy and reliability in extreme conditions and are backed by a team of experts providing a variety of on-site and remote services including custom design, installation, training and support. Headquartered in an ISO 9001:2015 manufacturing facility in Richmond, BC, Photon Control Inc. is listed on the TSX Venture Exchange, trading under the symbol ''PHO." Additional information about the company can be found at www.photon-control.com/investors.html

Media Relations Contact:
media@photon-control.com

Investor Relations Contact:
ir@photon-control.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

News Release 03-18