Dow Corning and NeoPhotonics form strategic alliance to develop photonic crystal technology

June 10, 2002--Dow Corning Corp. and NeoPhotonics Corp. have announced the formation of a strategic partnership to develop next-generation photonic crystal technology.

Jun 10th, 2002

Dow Corning Corp. and NeoPhotonics Corp. have announced the formation of a strategic partnership to develop next-generation photonic crystal technology. The companies intend to commercialize this technology in devices for optical telecommunications as well as in other potential applications.

"We believe that photonic crystal technology will be one of the key enablers of next- generation optical telecommunications," contends Tim Jenks, NeoPhotonics president and chief executive officer. "This relationship between NeoPhotonics and Dow Corning is the right combination of capabilities to make this happen."

The financial and scientific partnership will enable both companies to develop technologies that will lead to manufacturing and commercialization of photonic crystal-based optical components, serving the optics and telecommunications markets.

"Photonic crystals have the potential of creating new opportunities in many applications and industries," asserts Dave Cornelius, Dow Corning New Ventures Photonic Program director. "We are excited about the potential of combining NeoPhotonics' nano-materials and device technologies with Dow Corning's silicon-based materials technology and solutions, and with the unlimited possibilities it can deliver to the photonic industry".

Dow Corning Corp. (Midland, MI) develops, manufactures, and markets diverse silicon-based products and services, and currently offers more than 7,000 products to more than 25,000 customers around the world. For more information, visit the company's Web site at www.dowcorning.com.

NeoPhotonics Corp. (Fremont, CA) develops and manufactures advanced optical components and devices by integrating optical materials using the company's proprietary nanomaterials-based processes. For more information, visit www.neophotonics.com.

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