MBO at NetTest's OPL division creates Photon Kinetics

16 January 2003 -- New company Photon Kinetics is established following a management buyout of the OPL division of NetTest, on 31 December 2002 .

16 January 2003 -- New company Photon Kinetics is established following a management buyout of the OPL division of NetTest, Beaverton, OR, US, on 31 December 2002.

As a result of the management-led buyout, the NetTest OPL business unit is now a separate, privately-held entity under the direction of an experienced staff, all with roots in the two businesses that originally formed the OPL division: Photon Kinetics, a 1979 spin-off from Beaverton based Tektronix, Inc., and York Technology, a start-up formed during the same period by leading researchers from the University of Southampton, UK.

Because of its long history in the high technology community and the brand recognition in its worldwide customer base of optical fibre, cable and component manufacturers, management has decided to name the new company "Photon Kinetics, Inc.".

"We are excited about the opportunities that lie ahead for the new Photon Kinetics," said President David Blaskowsky. "We will continue to offer the industry's most innovative production testing solutions. These will help our customers produce the highest quality optical fibre, cable and components at the lowest possible cost."

About Photon Kinetics
Founded in 1979, Photon Kinetics (formerly the OPL division of NetTest) supplies measurement solutions for the optical fibre, cable and component manufacturing industry. The company offers a comprehensive portfolio of optical fibre testing solutions ranging from fibre preform analysers to characterisation systems for critical fibre geometry and transmission parameters.

PK also provides a complete line of tools and automated systems that reduce the cost of the optical fiber preparation and alignment activities that are part of virtually every test process. These tools include both single and multiple fibre aligners as well as fully automated fiber preparation and alignment systems. Photon Kinetics products are sold and supported in over 70 countries.

For more information visit www.pkinetics.com

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