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NeoPhotonics Announces Extended Reach 10G PON OLT Transceivers
NeoPhotonics Also Triples OLT Capacity To Serve Rapidly Growing FTTH Deployments

SAN JOSE, Calif., Aug 02, 2011 (BUSINESS WIRE) -- NeoPhotonics Corporation (NYSE: NPTN), a leading designer and manufacturer of photonic integrated circuit, or PIC, based modules and subsystems for bandwidth-intensive, high speed communications networks, today announced sample availability of its first extended reach "XG PON1" transceiver module for 10G PON applications in an XFP form factor.

The company also today announced that it has tripled capacity for its current OLT transceivers over the last year to help satisfy demand from Fiber-to-the-Home (FTTH) deployments in Asia and North America.

The new pluggable transceiver increases the link budget from 29 dB (ITU-T G987.2 Class N1) to 31 dB (ITU-T G987.2 Class N2), and is designed to support network overlay of 10G XG-PON1 over existing Class B+ GPON networks (28dB link budget).

"We are excited to announce our enhanced performance NG PON OLT transceiver module for the emerging 10G PON networks that require backward compatibility with existing 1G PON networks," said Tim Jenks, Chairman and CEO of NeoPhotonics. "We have provided samples to customers as they are starting initial deployments of 10G PON networks.

"Additionally, we are pleased to announce the tripling of production capacity for our OLT transceivers. As FTTH deployments grow globally, we believe we are well-positioned to serve the needs of our customers with increasing volume shipments," concluded Mr. Jenks.

The new ITU-T G987.2 Class N2 XG-PON1 XFP OLT module is the latest addition to the company's expanding 10G PON transceiver portfolio, which covers both ITU-T G.987.2 XG-PON1 and IEEE 802.3av PX30 and PRX30 standards. The portfolio includes Class B+ and C+ GPON OLTs, PX20 and PX20+ GEPON OLTs, multiple ONUs, as well as 10G/1G and 10G/10G EPON OLT and ONU transceivers.

The new NeoPhotonics product is designed for operation in 10G PON overlays on Class B+ GPON networks, thus allowing carriers to leverage investments in existing infrastructure while upgrading their fiber optic broadband access networks from 1.25G and 2.5G data rates to 10G data rates. The new Class N2 XG-PON1 OLT module is now available in sample quantities.

About NeoPhotonics

NeoPhotonics is a leading designer and manufacturer of photonic integrated circuit, or PIC, based modules and subsystems for bandwidth-intensive, high-speed communications networks. The company's products enable cost-effective, high-speed data transmission and efficient allocation of bandwidth over communications networks. NeoPhotonics maintains headquarters in San Jose, California and ISO 9001:2000 certified engineering and manufacturing facilities in Silicon Valley and Shenzhen, China. NeoPhotonics has been included in the Russell 3000(R) Index since its reconstitution in June 2011. For additional information, visit http://www.neophotonics.com.

© 2011 NeoPhotonics Corporation. All rights reserved. NeoPhotonics and the red dot logo are trademarks of NeoPhotonics Corporation. All other marks are the property of their respective owners.

Forward Looking Statements

This press release contains forward-looking statements. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. These forward-looking statements involve risks and uncertainties, as well as assumptions and current expectations. The company's actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks, uncertainties and assumptions. The risks and uncertainties that could cause the company's results to differ materially from those expressed or implied by such forward-looking statements include but are not limited to: acceptance by customers of the XG PON1 module, PON technology or the timing of such acceptance may not be as the company expects; the company's rate of new design wins and the rate at which design wins go into production relating to the products described herein could be slower than the company expects; the demand for OLT transceivers may be volatile or lower than the company expects and its production capacity may be underutilized; demand for the XG PON1 module could decrease from the company's expectations due to general conditions in the telecommunications equipment industry or the world economy generally, and other risks and uncertainties described more fully in the company's documents filed with or furnished to the Securities and Exchange Commission.

SOURCE: NeoPhotonics Corporation

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