MetroPhotonics receives funding for photonic integrated circuit development

May 5, 2004 Ottawa, Canada -- MetroPhotonics, developer of photonic integrated circuits, has received a $7.7 million CDN investment from Technology Partnerships Canada (TPC), a Canadian government agency that provides funding support to Canadian companies for research and development and pre-commercialization.

May 5th, 2004

May 5, 2004 Ottawa, Canada -- MetroPhotonics, developer of photonic integrated circuits, has received a $7.7 million CDN investment from Technology Partnerships Canada (TPC), a Canadian government agency that provides funding support to Canadian companies for research and development and pre-commercialization.

"We are very pleased with TPC's support of the development of our innovative photonic integrated circuits," asserts David Clark, president and chief executive officer of MetroPhotonics. "Building on our existing technology platform and product line, our vision is to continue integrating increasingly complex functions onto a single chip, thus offering further significant cost performance benefits to equipment manufacturers."

MetroPhotonics' SurePath portfolio is an integrated solution that simplifies optical system design and eliminates multiple components and fiber connections, say company representatives. MetroPhotonics' lead product, the SurePath Monitor, is currently shipping to customers on a controlled availability basis, with full commercial availability this quarter on completion of Telcordia qualifications.

"The availability of our SurePath Monitor represents a significant milestone," adds Adrian O'Donnell, chief technology officer of MetroPhotonics. "Customer response to the SurePath Monitor has been extremely positive to date. We remain committed to developing pioneering products that provide customers with improved performance and reduce cost, power, and size."

MetroPhotonics designs, develops, and markets photonic integrated circuits for optical telecom, data-com, and optical wireless equipment. These optical devices combine WDM components, passive waveguide circuitry, and active waveguide devices on a single chip, using a patented design process combined with standard indium phosphide (InP) semiconductor manufacturing technology. According to the company, this technology delivers a dramatic improvement in cost, performance, and footprint over existing hybrid modules.

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