NeoPhotonics Opens Sales and R&D Office in Moscow
Expansion Targets High-Speed “Core” Network Applications Across
Russia and Eastern Europe
MOSCOW--(BUSINESS WIRE)--May. 14, 2013--
NeoPhotonics Corporation (NYSE: NPTN), a leading designer and
manufacturer of photonic integrated circuit, or PIC, based
optoelectronic modules and subsystems for bandwidth-intensive, high
speed communications networks, today announced the opening of a Sales
and R&D office in Moscow and servicing the Russian Federation and the
broader eastern European market.
“We are pleased to make this commitment to our customers and technology
partners in the region, and to build on the growing demand in the region
for advanced telecommunications and enterprise data solutions,” said Tim
Jenks, Chairman and CEO of NeoPhotonics. “Together with our expanded
sales force serving the region, this is the next step in our local
business development activities including a greater research presence
and the potential for production of advanced PIC-based solutions.”
As noted in last year’s announcement,
NeoPhotonics completed a private placement investment with the Russian
sovereign fund investor RUSNANO.
NeoPhotonics is a leading designer and manufacturer of photonic
integrated circuit, or PIC, based optoelectronic 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 (USA), Japan and China. For additional information, visit www.neophotonics.com.
© 2013 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: the timing of or costs related to the development, general
availability and performance and production of the products produced in
Russia may not be as the company expects; the demand for the company’s
products in Russia and in the surrounding region may be volatile or
lower than the company expects; demand for the company’s products in
Russia and in the surrounding region could decrease from the company’s
expectations due to general conditions in the telecommunications
equipment industry, changes in network architectures, local economies,
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
LouVan Communications Inc.
Michael Newsom, +1 508-530-3121 (Office)