Advanced Photonix, Inc. Announces Leading OEM Telecom Systems Provider Purchases $5.3M in 100 Gigabit High Speed Optical Receivers

ANN ARBOR, Mich., Nov. 17, 2010 /PRNewswire/ -- Advanced Photonix, Inc. ® (NYSE Amex: API), announced today that a leading OEM telecom systems provider selected API's subsidiary Picometrix®, LLC to supply its industry leading 100 gigabit per second (Gb/s) high-speed optical receiver, the CR-100A, for long haul communications.

The annual commitment is estimated at more than $5.3 million with volume shipments beginning in the company's fiscal 4th quarter starting January 2011.  Along with the commitment for the 100 Gb/s, which is a new design, the systems provider also renewed its commitment to purchase $1.7M of the company's existing 40 Gb/s design to be delivered over the next calendar year, bringing the customer's total spend in 2011 to $7 million.

"We are dedicated to helping our customers meet the growing need for bandwidth by supplying technologically advanced high-speed optical receivers to deploy advanced fiber optic networks," said Robin (Rob) Risser, General Manager of Picometrix and CFO of API. "This agreement with a major tier 1 telecom OEM, a leader in 100 Gb/s deployment, is only one of several design wins with tier 1 and tier 2 OEM's that we are pursuing. We anticipate additional design wins in both 100 Gb/s and 40 Gb/s DP-QPSK products will move to volume production status during 2011, and look forward to a long and rewarding relationship with this key customer in particular."

The CR-100A exemplifies the company's continued technology leadership in 40 Gb/s and emerging 100 Gb/s high-speed optical receivers.  Picometrix offers the industry's most complete line of 100 Gb/s and 40 Gb/s HSOR solutions for both client-side and line-side modulation formats, including NRZ, RZ, DPSK, DQPSK, ODB and DP-QPSK and DP-BPSK.

The new design wins are for 100 Gb/S long haul communications in dense wavelength division multiplexing (DWDM) systems that utilize DP-QPSK and DP-BPSK modulation.  The state of the art CR-100A 100 Gb/s optical receiver utilizes the company's patented photodiode arrays, a complete optical front-end including 90 degree optical mixer, and high speed linear amplifiers to deliver industry leading performance.  It comes in the industry standard CCRx™ Multisource Agreement (MSA) form factor, is consistent with Optical Internetworking Forum Implementation Agreement for Coherent Receivers, and supports data rates up to 128 Gb/s. The receiver operates over the entire extended C and L band wavelengths and can be configured with or without an internal polarization beam splitter.

About Advanced Photonix, Inc.

Advanced Photonix, Inc.® (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

SOURCE Advanced Photonix, Inc.