Newport Corporation Announces Closing of Ophir Optronics Acquisition

IRVINE, Calif., Oct. 3, 2011 /PRNewswire/ -- Newport Corporation (Nasdaq: NEWP) today announced that tomorrow, Tuesday, October 4, 2011, the company will close its previously announced acquisition of Ophir Optronics Ltd. ("Ophir"), a global leader in precision infrared optics, photonics instrumentation and three-dimensional non-contact measurement equipment.  President and Chief Executive Officer Robert J. Phillippy and Senior Vice President and Chief Financial Officer Charles F. Cargile will host an investor conference call at 4:00 p.m. Eastern time (1:00 p.m. Pacific time) to discuss the terms of the closing and plans for Ophir's integration with Newport.

The call is open to all interested investors through a live audio broadcast via the Internet at www.newport.com/investors and www.earnings.com.  The call also will be available to investors and analysts by dialing 888-271-8601 within the U.S. and Canada or 913-981-5583 from abroad.

The webcast will be archived on both websites and can be reached through the same links.  A telephonic playback of the conference call will be available beginning at 7:00 p.m. Eastern time tomorrow, Tuesday, October 4, 2011, and continue through 7:00 p.m. Eastern time on Tuesday, October 11, 2011.  The replay can be accessed by calling 888-203-1112 within the U.S. and Canada or 719-457-0820 from abroad.  The replay passcode is 1014562.

ABOUT NEWPORT CORPORATION

Newport Corporation is a leading global supplier of advanced-technology products and systems to customers in the scientific research, aerospace and defense/security, microelectronics, life and health sciences and precision industrial manufacturing markets.  Newport's innovative solutions leverage its expertise in photonics technologies, including lasers, photonics instrumentation, sub-micron positioning systems, vibration isolation, optical components and subsystems and precision automation, to enhance the capabilities and productivity of its customers' manufacturing, engineering and research applications.  Newport is part of the Standard & Poor's SmallCap 600 Index and the Russell 2000 Index.

SOURCE Newport Corporation

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED