ANN ARBOR, Mich., Jan. 12, 2015 /PRNewswire/
-- Picometrix®, LLC, an Advanced Photonix® company
(NYSE MKT: API), announced today that it has successfully completed
its annual negotiations to supply high-speed optical receivers to a
leading OEM telecom systems customer. The company estimates 2015
annual revenue from these negotiations will be between $3 and $4 million.
The 2015 commitment includes the full suite of Picometrix's
industry leading 100G coherent receiver products , including the
CR-100D with integrated variable optical attenuator (VOA), designed
for 100G long haul communications in dense wavelength division
multiplexing (DWDM) systems which utilize DP-QPSK and DP-BPSK
modulation. The innovative CR-100D receiver increases dynamic range
and improves optical signal-to-noise ratio (OSNR) performance. The
company's 100G receivers operate over the entire extended C and L
band wavelengths and can be used in "colorless" coherent networks
that enable service providers to better manage network capacity.
Colorless capabilities allow communication equipment to utilize any
wavelength for any port at the add/drop site. This allows for
faster data throughput and lower costs per bit transport, both of
which are big concerns for the industry.
"We are pleased to have successfully concluded our annual
negotiation with an important tier 1 customer to supply our
industry leading 100G products," said Robin
(Rob) Risser, COO of API and General Manager of Picometrix.
"We have a strong relationship and close collaboration with this
strategic customer and are looking forward to supporting the growth
in their long haul and metro 100G product platforms. The market for
upgrading the long haul and metro networks from 10G to 100G
coherent equipment is entering its growth stage as full motion
video and social media continue to place demands for increased
bandwidth on the network infrastructure. We are well positioned to
participate in this growth with our current and next generation
100G product offerings."
About Advanced Photonix, Inc.
Advanced Photonix,
Inc.® (NYSE MKT: API) is a leading supplier of
optoelectronic sensors, devices and instruments used by Test and
Measurement, Process Control, Medical, Telecommunication and
Homeland Security markets. The company has three product lines:
Optosolutions, focuses on enabling manufacturers to measure
physical properties, including temperature, particular counting,
color, and fluorescence for Medical, Homeland Security and Process
Control applications. The Terahertz sensor product line is targeted
to the Process Control, to enable quality control, and Security
markets through nondestructive testing. The T-Gauge®
sensor can measure subsurface physical properties, like
multi-layers thicknesses, density, moisture content, anomaly
detection and some chemical features, online and in real time.
High-Speed Optical Receivers (HSOR) products are used by the
telecommunication market in both telecommunication equipment and in
test and measurement equipment utilized in the manufacturing of
telecommunication equipment. 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.
CONTACT: ir@advancedphotonix.com
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SOURCE Advanced Photonix, Inc.