EMCORE Corporation is Compliant with NASDAQ Filing Requirements

ALBUQUERQUE, N.M., Nov. 8 /PRNewswire-FirstCall/ -- EMCORE Corporation (Nasdaq: EMKR), announced today that it received a NASDAQ letter on November 6, 2007 stating that the NASDAQ Listing and Hearing Review Council, after consultation with the NASDAQ Listing Qualification staff, determined that the Company has demonstrated compliance with NASDAQ's filing requirements under NASDAQ's Marketplace Rules. The NASDAQ letter further provided that, as such, this matter is now closed and the Company's securities will continue to be listed on The NASDAQ Global Market.

The Company is diligently working on completing its proxy solicitation process and intends to hold its annual meeting in December 2007.

About EMCORE

EMCORE is a leading provider of compound semiconductor-based components and subsystems for the broadband, fiber optic, satellite and terrestrial solar power markets. We have two operating segments: Fiber Optics and Photovoltaics. EMCORE's Fiber Optics segment offers optical components, subsystems and systems that enable the transmission of video, voice and data over high-capacity fiber optic cables for high-speed data and telecommunications, cable television (CATV) and fiber-to-the-premises (FTTP) networks. EMCORE's Photovoltaics segment provides solar products for satellite and terrestrial applications. For satellite applications, EMCORE offers high-efficiency compound semiconductor-based gallium arsenide (GaAs) solar cells, covered interconnect cells (CICs) and fully integrated solar panels. For terrestrial applications, EMCORE offers its high-efficiency GaAs solar cells for use in solar power concentrator systems. For specific information about our company, our products or the markets we serve, please visit our website at http://www.emcore.com.

Forward-Looking Statement

This announcement includes a forward-looking statement within the meaning of the Private Securities Litigation Reform Act regarding the timing in which the Company expects to become current in its remaining listing obligations under the Securities Exchange Act of 1934 and under the NASDAQ Marketplace Rules. This statement involves uncertainties that may cause the actual timing in which the Company becomes current in its listing obligations to differ materially from the Company's current expectations. The Company is hopeful that once it completes its solicitation of proxies from shareholders and holds its annual meeting it will enable the Company to regain compliance with all NASDAQ listing requirements. This forward-looking statement is made as of the date hereof, and the Company does not assume any obligation to update the statement.

     EMCORE Corporation
     Adam Gushard - Interim Chief Financial Officer
     (505) 332-5000
     info@emcore.com

     TTC Group
     Victor Allgeier
     (646) 290-6400
     info@ttcominc.com

SOURCE EMCORE Corporation

Released November 8, 2007