Ignis wins tunable laser deal

SEPTEMBER 3, 2009 -- Ignis has entered into a defintive agreement with “a major fiber optic transmission equipment manufacturer” for delivery of tunable laser chips over a period of 5 years. The first order is expected to be placed soon.

SEPTEMBER 3, 2009 -- Ignis has entered into a defintive agreement with “a major fiber optic transmission equipment manufacturer” for delivery of tunable laser chips over a period of 5 years. The first order is expected to be placed soon.

Ignis would not name the customer.

This is the first agreement Ignis has signed that includes pure-play chip supply to a third-party manufacturer of tunable laser subsystems. The company says this is part of its strategy to become a leading international manufacturer of tunable laser and transmitter chips.

IP traffic is expected to nearly double every two years through 2012 and volume will be driven by high-quality video services like VOD and IPTV as well as increased availability of high-speed and high-capacity access networks such as FTTx. Ignis says its new customer is providing high-end fiber-optic subsystems for these networks.

“This agreement is an important step in the execution of our strategy to supply tunable laser chip to leading international subsystem manufacturers. We are very excited about this agreement which we believe has a great potential for speeding up our growth going forward. We have ongoing relationship with our new customer and this agreement is bringing us even closer in our common efforts of supplying the optical industry with increasingly more cost effective tunable laser technology,” says Patrik Evaldsson, CEO in Ignis Syntune.

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