New Cube Optics funding targets multi-wavelength 40- and 100-Gbps transceiver components

NOVEMBER 2, 2009 -- Cube Optics AG says it has closed a strategic financing round designed to enable the company to complete development and commercialization of its next generation of multi-wavelength 40- and 100-Gbps ROSA and TOSA modules.

NOVEMBER 2, 2009 -- Cube Optics AG says it has closed a strategic financing round designed to enable the company to complete development and commercialization of its next generation of multi-wavelength 40- and 100-Gbps ROSA and TOSA modules.

Cube Optics received the investment from existing shareholders Target Partners, Sevin Rosen Funds, and 1A Private Equity, as well as a new participant, the Investitions und Strukturbank of Rheinland Pfalz GmbH (ISB).

Dr. Francis Nedvidek, CEO of Cube Optics AG commented: "The current financing is a vote of confidence from our investors. Parallel to our existing successful line of business, the latest funds permit us to complete a strategic thrust to launch four-wavelength 100-Gbps transceivers modules as the emerging market unfolds. Within 12-18 months from now, we envision shipping thousands for ultra-precise micro-optical platforms in response to huge potential for next generation multi-wavelength LAN WDM transponder components and integrated passive element/active element configurations.”

Dr. Thomas Paatzsch, Cube Optics' COO commented that "our roadmap shows us completing development and commercialization of our next-generation multi-wavelength 40-Gbps (4x10 Gbps) and 100-Gbps (4x25 Gbps) optical Ethernet receiver and transmitter modules in 2010 before scaling up operations to meet the anticipated growing as dictated by demand trends for ever higher bandwidth."

Cube Optics is headquartered in Mainz Germany where the firm designs, manufactures and distributes a range of optical components, modules, and architecture-specific optical access network products.

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