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Advanced Photonix, Inc. Adds Second Shift for Hybrid Assembly of Its 40G Product Lines to Meet Industry Demand
Company is Also Shipping Pre-Production Versions of its 100G Line of High-Speed Optical Receivers
ANN ARBOR, Mich., April 14 -- Picometrix, LLC, an Advanced Photonix company (NYSE Amex: API), announced today that it has added a second shift for hybrid assembly of its 40G NRZ client side, 40G DPSK and DQPSK lines of high-speed optical receivers (HSOR). Picometrix offers the industry's most complete line of 40G High-Speed Optical Receiver solutions for both client side and line side modulation formats, including NRZ, RZ, DPSK, DQPSK, ODB and DP-QPSK. The Company also announced that it is shipping pre-production versions of its 100G line of high-speed optical receivers. The patented photodiodes and proprietary amplifiers utilized in these receivers deliver industry leading performance and reflect the Company's continued technology leadership in 40G and emerging 100G HSORs.
"Demand for Voice, Internet, HDTV, and Wireless requires increased bandwidth and increased speed including telecom infrastructure expansion for 10G, 40G and 100G requirements and both 40G and 100G line side products serve their respective market niche in the network infrastructure," said Richard (Rick) Kurtz President and CEO of API. "100G line side product adoption is being accelerated by demands to interconnect large data centers, like those at Google and Facebook. Traditional service providers are still in the early stages of evolving their networks to handle the demands of high definition video and delivery of content anytime, anywhere. These next generation wire line and wireless networks will require deployment of 40G and 100G to deliver this content, which is expected to grow annually by more than 25%. API's addition of the second shift is in response to this increase in demand for our high speed optical receivers, reflecting our leadership position."
About Advanced Photonix, Inc.
Advanced Photonix, Inc. (R) (NYSE Amex: API) is a leading supplier with a broad offering of optoelectronic products to a global customer base. We provide optoelectronic solutions, high-speed optical receivers and terahertz instrumentation for telecom, homeland security, military, medical and industrial markets. With our patented technology and state-of-the-art manufacturing we offer industry leading performance, exceptional quality, and high value added products to our OEM customer base. For more information visit us on the web at http://www.advancedphotonix.com.
The information contained herein includes forward looking statements that are based on assumptions that management believes to be reasonable but are subject to inherent uncertainties and risks including, but not limited to, unforeseen technological obstacles which may prevent or slow the development and/or manufacture of new products; potential problems with the integration of the acquired company and its technology and possible inability to achieve expected synergies; obstacles to successfully combining product offerings and lack of customer acceptance of such offerings; limited (or slower than anticipated) customer acceptance of new products which have been and are being developed by the Company; and a decline in the general demand for optoelectronic products. API-G
Contact:
Richard Kurtz, Advanced Photonix, Inc. (734) 864-5647
Cameron Donahue, Hayden IR (651) 653-1854; cameron@haydenir.com
Source: Advanced Photonix, Inc.
CONTACT: Richard Kurtz of Advanced Photonix, Inc., +1-734-864-5647; or
Cameron Donahue of Hayden IR, +1-651-653-1854; cameron@haydenir.com, for
Advanced Photonix, Inc.
Web Site: http://www.advancedphotonix.com/
Advanced Photonix, Inc. Adds Second Shift for Hybrid Assembly of Its 40G Product Lines to Meet Industry Demand
Company is Also Shipping Pre-Production Versions of its 100G Line of High-Speed Optical Receivers
ANN ARBOR, Mich., April 14 -- Picometrix, LLC, an Advanced Photonix company (NYSE Amex: API), announced today that it has added a second shift for hybrid assembly of its 40G NRZ client side, 40G DPSK and DQPSK lines of high-speed optical receivers (HSOR). Picometrix offers the industry's most complete line of 40G High-Speed Optical Receiver solutions for both client side and line side modulation formats, including NRZ, RZ, DPSK, DQPSK, ODB and DP-QPSK. The Company also announced that it is shipping pre-production versions of its 100G line of high-speed optical receivers. The patented photodiodes and proprietary amplifiers utilized in these receivers deliver industry leading performance and reflect the Company's continued technology leadership in 40G and emerging 100G HSORs.
"Demand for Voice, Internet, HDTV, and Wireless requires increased bandwidth and increased speed including telecom infrastructure expansion for 10G, 40G and 100G requirements and both 40G and 100G line side products serve their respective market niche in the network infrastructure," said Richard (Rick) Kurtz President and CEO of API. "100G line side product adoption is being accelerated by demands to interconnect large data centers, like those at Google and Facebook. Traditional service providers are still in the early stages of evolving their networks to handle the demands of high definition video and delivery of content anytime, anywhere. These next generation wire line and wireless networks will require deployment of 40G and 100G to deliver this content, which is expected to grow annually by more than 25%. API's addition of the second shift is in response to this increase in demand for our high speed optical receivers, reflecting our leadership position."
About Advanced Photonix, Inc.
Advanced Photonix, Inc. (R) (NYSE Amex: API) is a leading supplier with a broad offering of optoelectronic products to a global customer base. We provide optoelectronic solutions, high-speed optical receivers and terahertz instrumentation for telecom, homeland security, military, medical and industrial markets. With our patented technology and state-of-the-art manufacturing we offer industry leading performance, exceptional quality, and high value added products to our OEM customer base. For more information visit us on the web at http://www.advancedphotonix.com.
The information contained herein includes forward looking statements that are based on assumptions that management believes to be reasonable but are subject to inherent uncertainties and risks including, but not limited to, unforeseen technological obstacles which may prevent or slow the development and/or manufacture of new products; potential problems with the integration of the acquired company and its technology and possible inability to achieve expected synergies; obstacles to successfully combining product offerings and lack of customer acceptance of such offerings; limited (or slower than anticipated) customer acceptance of new products which have been and are being developed by the Company; and a decline in the general demand for optoelectronic products. API-G
Contact:
Richard Kurtz, Advanced Photonix, Inc. (734) 864-5647
Cameron Donahue, Hayden IR (651) 653-1854; cameron@haydenir.com
Source: Advanced Photonix, Inc.
CONTACT: Richard Kurtz of Advanced Photonix, Inc., +1-734-864-5647; or
Cameron Donahue of Hayden IR, +1-651-653-1854; cameron@haydenir.com, for
Advanced Photonix, Inc.
Web Site: http://www.advancedphotonix.com/