Advanced Photonix inks European OEM deal

Aug. 23, 2006
AUGUST 23, 2006 --A new OEM customer has made commitments to purchase more than $1 million of the company's 10-Gbit/sec APD high-speed optical receivers over the next 12 months.

AUGUST 23, 2006 -- Advanced Photonix has begun volume shipments of its 10-Gbit/sec avalanche photodiode (APD) high-speed optical receivers (HSORs) to a major European system OEM. This new OEM customer has made commitments to purchase more than $1 million of the company's 10-Gbit/sec APD HSORs over the next 12 months. The receivers have been designed for use on three different product platforms that the OEM sells into telecommunications metro core and metro access markets.

API's new line of 10-Gbit/sec HSORs is packaged in the smallest industry standard SFF 17-pin package and come in either PIN or APD configuration. The Company's OC-192 (10-Gbit/sec) products meet Telcordia GR-468 standards and are designed for use in Telecommunication and Test & Measurement markets.

"We are pleased to be selected by this European System OEM as a supplier for their 10-Gbit/sec product lines," asserts Richard (Rick) Kurtz, chairman and CEO of API. "Our new products are being recognized for their superior performance and sensitivity, lowest profile standard package, industry-leading stability over a wide operating temperature range, and lower voltage operating requirements. We look forward to a long and mutually beneficial partnership with this global system OEM," he adds.

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