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Advanced Photonix, Inc. Shipping Its 100G Line of High-Speed Optical Receivers

Jun 29, 2010 (04:06 PM EDT)
URL: http://www.techweb.com/show-press-release/X809784/advanced-photonix-inc-shipping-its-100g-line-of-high-speed-optical-receivers.html

Worldwide Demand Fuels First and Second Quarter Backlog of $1.2M

ANN ARBOR, Mich., June 29 /PRNewswire-FirstCall/ -- Picometrix, LLC, an Advanced Photonix company (NYSE Amex: API), announced today that it is shipping its high-speed 100G coherent optical receivers, named the CR-100A, which are suitable for DP-QPSK and alternative coherent modulation formats. The patented photodiodes and proprietary amplifiers utilized in these receivers deliver industry leading performance and reflect the Company's continued technology leadership in 40G and the emerging 100G optical communication markets.

The company began shipping pre-production 100G units to meet demand to a worldwide customer base in the current quarter, its first fiscal quarter 2011 and has booked backlog of $1.2 million for both the first and second fiscal quarter 2011. The Company expects full Telcordia GR-468 qualification to be completed in the Company's fiscal second quarter 2011 (quarter ending October 1, 2010), at which time the product will go into full production. Telcordia qualification provides generic reliability assurance requirements for optoelectronic devices used in telecommunications equipment, ensuring the reliable operation of optoelectronic devices and reducing life-cycle cost.

The suite of products are compliant with the CCRx MSA (Compact Coherent Receiver multisource agreement) announced at the 2009 ECOC in Vienna, Austria (35th European Conference and Exhibition on Optical Communication) between Picometrix and u(2)t Photonics AG. This MSA defines an industry standard, more cost-effective form factor for fiber optic receivers optimized for coherent detection for both 40G and emerging 100G telecommunication systems. It is also consistent with the OIF (Optical Internetworking Forum) specification the Company helped develop during the past 18 months. The new CCRx package provides a standardized footprint, common pin-out and surface mount connections in a size reduced package that will improve manufacturability for OEM system companies.

"The industry is moving forward into a 100G reality with the increased demand for Voice, Internet, HDTV, and Wireless that requires greater bandwidth and increased speed," said Robin (Rob) Risser, President and General Manager of Picometrix and CFO of API. "Next generation wire line and wireless networks will require deployment of high-speed optical receivers to deliver this content, which is expected to grow annually by more than 25%. We are seeing robust demand for the 100G product, and, as a result both our first and second fiscal quarter 2011 backlog is booked and we anticipate full production starting in our third fiscal quarter 2011, with demand still accelerating."

Mr. Risser continued, "100G coherent receivers co-exist well with 40G direct modulation formats like DPSK and DQPSK. These complicated receivers represent our continued leadership in the rapidly growing 40G and 100G optical communication market, which supports wire line and wireless high speed demands of full motion video anytime, anywhere."

About Advanced Photonix, Inc.

Advanced Photonix, Inc.(R) (NYSE Amex: API) is a leading supplier with a broad offering of optoelectronic products to a global customer base. We provide optoelectronic solutions, high-speed optical receivers and terahertz instrumentation for telecom, homeland security, military, medical and industrial markets. With our patented technology and state-of-the-art manufacturing we offer industry leading performance, exceptional quality, and high value added products to our OEM customer base. For more information visit us on the web at www.advancedphotonix.com.

The information contained herein includes forward looking statements that are based on assumptions that management believes to be reasonable but are subject to inherent uncertainties and risks including, but not limited to, unforeseen technological obstacles which may prevent or slow the development and/or manufacture of new products; potential problems with the integration of the acquired company and its technology and possible inability to achieve expected synergies; obstacles to successfully combining product offerings and lack of customer acceptance of such offerings; limited (or slower than anticipated) customer acceptance of new products which have been and are being developed by the Company; and a decline in the general demand for optoelectronic products. API-G

Contact:

Richard Kurtz, Advanced Photonix, Inc. (734) 864-5647

Cameron Donahue, Hayden IR (651) 653-1854; cameron@haydenir.com



SOURCE Advanced Photonix, Inc.