Research Facility Focuses on Advanced Optical Devices

June 4, 2003
Eatontown, NJ, June 4, 2003. Opnext has established an Advanced Optical Device Development Center (AODC), a research and development facility located in Totsuka, Japan. The center will focus primarily on advanced optical devices for next-generation optical networks, utilizing the skills of engineers from both Opnext and Hitachi's Central Research Laboratories (CRL).

Eatontown, NJ, June 4, 2003. Opnext has established an Advanced Optical Device Development Center (AODC), a research and development facility located in Totsuka, Japan. The center will focus primarily on advanced optical devices for next-generation optical networks, utilizing the skills of engineers from both Opnext and Hitachi's Central Research Laboratories (CRL).

"To succeed in the dynamic and competitive optical component market, it is necessary to develop new devices quickly and efficiently," said Naoki Chinone, operating officer and chief engineer. "Leveraging the research expertise of Hitachi's CRL, Opnext will be able to strengthen its current product line, as well as work on the development of innovative technologies which will lead to the introduction of leading-edge products."

New optical devices developed at AODC will be utilized within Opnext's modules for distances ranging from short reach to long reach, with speeds from 2.5 to 40 Gbit/s. The optical devices will be available for sale outside the company, as well as for internal use. These research advancements will contribute to the ongoing success of both the transceiver module business and the device business of Opnext.

"The new R&D facility will allow Opnext to build on the success of its optical device technology, and enable the Company to bring new products to market quickly and cost-effectively, which is critical in these challenging business conditions," added Minoru Maeda, chief operating officer, Opnext. "While this center will mainly develop optical devices for transceiver modules, we will continue to expand its capabilities to meet the needs of next-generation optical networks, placing Opnext in a stronger position to profit from future market growth."

For additional information, visit www.opnext.com .

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