Clarendon Photonics opens headquarters in Massachusetts

March 7, 2001
Mar. 7, 2001--Clarendon Photonics, Inc., developer of planar integrated DWDM components for optical networks, announced the opening of its new corporate headquarters in Newton, Massachusetts. The leased 24,000 square foot facility will include research and development labs, office space, and assembly and test facilities that will support initial pilot production.

Clarendon Photonics, Inc., developer of planar integrated DWDM components for optical networks, announced the opening of its new corporate headquarters in Newton, Massachusetts. The leased 24,000 square foot facility will include research & development labs, office space, and assembly & test facilities that will support initial pilot production.

The opening of Clarendon's new headquarters follows recent equity financing of $18 million from start-up venture investors in the telecommunications industry, including Sevin Rosen Funds; New Enterprise Associates (NEA); Vortex Partners; and Ampersand Ventures. The company is positioned for growth from a venture backed start-up to a manufacturer of telecommunications components. In addition to its new facility investment, Clarendon is acquiring experienced individuals for research & development and for the packaging and reliability testing of its devices.

As bandwidth demand expands, DWDM networks are growing increasingly complex and costly to manage. Clarendon's patented device technologies enable the integration of multi-functional elements on a single wafer at a fraction of the cost of discrete photonics devices. Integration removes layers of costly fiber interconnection and packaging. Furthermore, the use of CMOS compatible processes that the microelectronics industry has been perfecting for decades allows Clarendon to offer high-yield components capable of high volume production. These highly scalable, dynamic and cost effective integrated solutions make possible optical networking equipment that supports a large number of channels, multiple protocols, varying bit rates and service-on-demand applications.

About Clarendon Photonics, Inc.:

Clarendon Photonics designs, develops, and markets highly scalable, dynamic and cost effective DWDM solutions that manage wavelength proliferation and increase bandwidth in next generation networks. For more information, visit www.clarendonphotonics.com.