Press releases
Syntune and CyOptics announce co-operative agreement for tunable lasers
Stockholm, Sweden and Lehigh Valley, PA USA (January 9, 2007) – Syntune AB, a developer of innovative single-chip tunable lasers and transmitters, and CyOptics, Inc., an industry leader in Indium Phosphide (InP) optical chip and component technologies, today announced a co-operative agreement for the introduction of a family of full band tunable laser products for the telecommunications market. This agreement will accelerate the market introduction of the full band tunable laser products and also provide a continuous volume supply of tunable devices.
This co-operative agreement leverages the Syntune designed tunable lasers and the CyOptics world class automated manufacturing platform. The CyOptics manufacturing platform has provided over 4 million lasers with over 120 billion service hours in telecommunications equipment deployed worldwide since 2000. The agreement will also enhance the Syntune product distribution through the use of CyOptics' worldwide sales channel.
Wavelength agility and fast traffic provisioning is driving the demand for next-generation optical networks. Demand for tunable lasers has already doubled from 2005 to 2006, and is expected to continue to grow at 64 percent compound annual growth rate through 2010, according to industry analyst Ovum-RHK. The Syntune designed S3500 butterfly package and S3600 Integrable Tunable Laser Assembly (ITLA) address these applications across the C- or L-band.
"Syntune's patented widely tunable technology is an excellent addition to our already broad portfolio of active optical component products," said Ed Coringrato, CyOptics CEO. "We have a 3-year history of working with Syntune and together we will be well positioned to serve a supply constrained market."
Syntune is a pioneer in using a fabless model for III-V semiconductors that has proved highly successful in the silicon semiconductor industry. Through a robust chip design and standard packaging, Syntune is able to bring innovative products to the market quickly and efficiently. The Syntune family of products will be manufactured on CyOptics' proprietary automation packaging platform ensuring the highest quality and reliability at the lowest cost.
"The fabless model has been the most efficient way to bring our products to market," said Syntune CEO Patrik Evaldsson. "By partnering with CyOptics, a leader in quality manufacturing, we are able to differentiate our product's performance, cost and delivery to meet our customers' current and future requirements."
"CyOptics' strong presence throughout the telecommunications community will give customers easy access to the Syntune product family," states Kevin Green, Vice President of Marketing and Sales at Syntune. "We look forward to the added support that is possible with a worldwide leader in component sales."
For further information please contact
Kevin Green, VP Marketing and Sales Syntune, Inc., phone +1 847 894 4589, e-mail kevin.green@syntune.com
Ali Abouzari, VP Sales CyOptics, Inc., phone +1 484 397 2061, e-mail ali@cyoptics.com
About Syntune
Syntune (www.syntune.com) supplies state-of-the-art widely tunable lasers for applications ranging from fiber-optic communications to sensor systems. In communications, Syntune's lasers enable universal DWDM transceivers with low power consumption in a small form factor. These drastically reduce overhead costs for sparing and maintaining inventories. Tunability also enables flexible networks, which allows operators to offer innovative services and reduces their operational expenditures. Syntune is backed by funds advised by InnovationsKapital (www.innkap.se), Teknoinvest Management AS (www.teknoinvest.no), and Vision Capital (www.visioncap.com).
About CyOptics
Founded in 1999, CyOptics designs, develops and markets a full line of InP optical chips and components for integration into access, metro and long-haul communications systems. The company also provides complete contract design, foundry and packaging services. CyOptics is an industry leader in both hybrid integration using multiple elements in a single package and monolithic integration on a single chip. Manufacture is enabled by an automated "nanotech" capable assembly and test process that delivers best performance, uniformity and cost. The company's wafer/chip fabrication operations are located in Lehigh Valley, Pennsylvania, and its automated packaging and testing operations are located in Matamoros, Mexico. CyOptics is ISO 9001:2000 certified. For more information, please visit www.cyoptics.com or call +1 484 397 2061.