Apogee Announces Filing Delays and Notification from AMEX.

NORWOOD, Mass. -- Apogee Technology, Inc. (AMEX: ATA), a global provider of integrated circuits and an emerging Micro-Electromechanical Systems ("MEMS") device supplier, announced today that it will delay the filing of its Annual Reports on Form 10-KSB for the fiscal years ended December 31, 2003 and 2004, and its Quarterly Report on Form 10-QSB for the first quarter of fiscal 2005, from its planned date of July 31, 2005 until August 19, 2005. The delay is the result of the scope of audit work related to the Company's previously announced adoption of a new sell-through revenue recognition policy and restatement of its financials. Significant additional time and effort has been required to obtain and analyze historic information from third party distributors regarding their sales to end users.

As a result of the filing delay, the American Stock Exchange ("AMEX") has verbally notified the Company that it will initiate proceedings next week to delist the Company's common stock from the AMEX. The Company plans to appeal the delisting and a hearing will be scheduled in 45 days, during which time the Company's common stock will continue to trade on AMEX. The Company expects to regain compliance and maintain its listing by filing its financials prior to the hearing date.

About Apogee Technology, Inc.:

Apogee Technology is a fabless semiconductor company that designs, develops and markets silicon based products that incorporate proprietary technologies. The Company's patented all-digital, high efficiency Direct Digital Amplification (DDX(R)) ICs have been used by over 20 major consumer electronic brands in a wide range of audio products. The company is developing new System-on-Chip (SOC) products using its analog and digital circuit designs and Micro-Electromechanical Systems (MEMS) technology for the consumer, automotive, communications and medical markets. The Company operates a worldwide marketing and sales organization and has offices in the US, Hong Kong and Japan. For more information please visit our web site at: http://www.apogeeddx.com.

DDX(R) is a registered trademark of Apogee Technology, Inc. All other product names noted herein may be trademarks of their respective holders. Certain statements made herein that use the words "anticipate", "hope", "estimate", "project", "intend", "plan", "expect", "believe" and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties, which could cause the actual results, performance or achievements of the company to be materially different from those that may be expressed or implied. Please refer to the company's risk factors as set forth in the company's filings with the Securities and Exchange Commission, including its reports on Forms 10-KSB and 10-QSB.