AFL Protects Fujikura Technology Wins Lawsuit

AFL Protects Fujikura Technology, Wins Lawsuit against Fiberoptic Hardware, LLC

6/21/2012

United States District Court for the District of Arizona has rendered its final decision in the lawsuit entitled AFL Telecommunications LLC v. Fiberoptic Hardware, LLC. The court entered judgment against Fiberoptic Hardware, and in favor of AFL, including both an award of monetary damages and a permanent injunction, based on AFL's claims that Fiberoptic Hardware had sold unauthorized Fujikura fusion splicers in violation of AFL's rights in the Fujikura trademark and that Fiberoptic Hardware had falsely advertised those splicers.

The judgment was based on AFL's contentions that the Fujikura fusion splicers sold by Fiberoptic Hardware, which were intended for sale outside North America, were materially different from authentic Fujikura fusion splicers authorized for sale in the U.S. in that, among other things, their software was not properly licensed for use in the U.S. and had been modified to alter the language display, and that their sale was likely to confuse purchasers. The judgment was also based on AFL's contention that Fiberoptic Hardware's advertising of those splicers as "new" constituted false advertising.

"AFL is pleased with the judgment, and we will continue to defend Fujikura's technology, patents and copyrights on an ongoing basis to protect our customers from substandard products and services," stated Steve Althoff, EVP for AFL's Equipment Business. "When companies like Fiberoptic Hardware sell altered products, our customers are the real losers. They believe that they are receiving authentic Fujikura goods directly from Fujikura, and they come to find out that they are not. They get confused, and they feel violated because the trust is lost. AFL and Fujikura have a solid reputation, and we will continue to uphold the exceptional standards we have set forth."

AFL filed the case in May 2011, and the U.S. District Court issued a preliminary injunction in October 2011. The permanent injunction entered on May 31, 2012 prohibits Fiberoptic Hardware, along with its officers, employees, and others working with it, from "importing, exporting, distributing, circulating, selling, offering for sale, advertising, promoting or displaying any fusion splicer bearing any of the FUJIKURA Marks" if the splicers have been modified or are not authorized for sale in the U.S. Fiberoptic Hardware is owned by George Kyrias and Chris Wood is the company's sales manager.

AFL is the exclusive distributor of Fujikura fusion splicers and its operating software for the countries located within North America. Fujikura is the worldwide owner of the copyright for the operating software that controls all of its "FSM" fusion splicers. For additional information about AFL and its products, visit www.AFLglobal.com.


About AFL
AFL, a wholly owned subsidiary of Fujikura, provides industry-leading products and services to the electric utility, broadband, communications, OEM, enterprise, wireless and transit rail markets as well as the emerging markets of oil and gas, mining, nuclear, avionics, medical, renewable and intelligent grid. The company's diverse product portfolio includes fiber optic cable, transmission and substation accessories, outside plant equipment, connectors, fusion splicers, test equipment and training. AFL's service portfolio includes market-leading positions with the foremost communications companies supporting both the central office and outside plant areas.

Founded in 1984, AFL is proud to offer engineering expertise, exceptional products and reliable service that help our customers improve their critical and electrical infrastructure. AFL has operations in the U.S., Mexico, Europe and Asia. The company is headquartered in Spartanburg, SC, and is a wholly-owned subsidiary of Fujikura Ltd. of Japan. For more information, visit http://www.aflglobal.com/

About Fujikura
Fujikura is headquartered in Tokyo, Japan and manufactures products for the telecommunications, electronics, automotive and energy sectors. Fujikura's fusion splicers are well-known for performance, productivity and reliability. AFL offers the most extensive line of Fujikura fusion splicers and related equipment for field splicing and factory/laboratory use. All fusion splicers sold by AFL are backed with a factory warranty and a 24/7 technical support team. For more information, visit http://www.fujikura.com/.

Source Link: http://www.aflglobal.com/Company/Company-Profile/News/AFL-Protects-Fujikura-Technology,-Wins-Lawsuit-aga.aspx

Oclaro and Opnext Complete Merger

Oclaro Now #2 Provider of Optical Components, Modules and Subsystems

SAN JOSE, Calif. and FREMONT, Calif., July 24, 2012 /PRNewswire/ -- Oclaro, Inc. (Nasdaq: OCLR), a tier-one provider and innovator of optical communications and laser solutions, and Opnext, Inc. (Nasdaq: OPXT), a global leader in the design and manufacture of optical modules, components and subsystems, today announced shareholder approval of their merger, which closed July 23, 2012.

The combined company will continue to operate under the Oclaro name, and today unveiled a new logo and brand identity to represent the creation of a new leader in the optical industry.

"The new Oclaro boasts one of the broadest and vertically-integrated product lines in the industry. Our vision is that the power and speed of light will change the way we live and work," said Alain Couder, chairman and CEO, Oclaro. "By transmitting data over fiber at increasing speeds, our customers have made possible new and fast growing applications such as social networking, video streaming, and cloud computing. The ability to control the power of lasers as a heat and energy source is transforming healthcare, material processing and consumer electronics. Through this merger, we have assembled the optical technologies, products and expertise at the heart of this new world of innovation."

Oclaro is now the second largest provider of optical components, modules and subsystems to the optical communications, industrial and consumer laser markets, with approximately $833 million in combined revenues for the fiscal year ended July 2, 2011,[1] and approximately 3,200 employees worldwide. The company brings together over 30 years of combined optical technology innovation from leading optical technology companies such as Hitachi, Nortel, Alcatel, Marconi, Corning, Opnext, Bookham and Avanex.
Oclaro's portfolio of products includes the components, modules and subsystems that transmit, receive, and amplify light signals over fiber optic networks to deliver a new range of high speed services in the core optical network, enterprise and data center markets. Its laser diode solutions deliver the power needed for cutting, marking, welding, heating and illumination for a broad range of new applications in the consumer electronics, industrial and medical markets.

The New Board of Directors and Management Team
As previously announced, Alain Couder was named chairman and CEO of the combined company, with Opnext Chairman and CEO Harry Bosco joining the board of directors. The board also includes the following independent directors: Joel A. Smith III, lead independent director; Edward Collins, director; Kendall Cowan; director; Greg Dougherty, director; Lori Holland, director; Dr. David Lee, director; Marissa Smith, director; and Bill Smith, director.

Reporting to Couder on the executive team are:

• Jim Haynes, President, Global Business;
• Yves LeMaitre, Chief Commercial Officer;
• Terry Unter, Chief Operating Officer;
• Kei Oki, President, Oclaro Japan, Inc.;
• Tadayuki Kanno, Chief Operating Officer, Oclaro Japan, Inc.; GM, Modules and Devices Business Unit
• Jerry Turin; Chief Financial Officer;
• Kate Rundle, Executive Vice President, General Counsel and Corporate Secretary;
• Kathy Zwickert, Executive Vice President, Human Resources and Communications;
• Bob Quinn, Chief Information Officer.

Full biographies of the management team and the Board of Directors are available on Oclaro's website at: http://www.oclaro.com/.
Transaction Details
Opnext shareholders will receive a fixed ratio of 0.42 shares of Oclaro common stock for every share of Opnext common stock they own. Details on how to exchange shares can be found on the investor section of the Oclaro website at: http://www.oclaro.com/

Conference Call
Oclaro management will host its regularly scheduled quarterly conference call on July 31, 2012, at 4:30 p.m. ET/1:30 p.m. PT and will discuss the strategy of the new Oclaro in more detail.  To access the conference call, please dial 1-480-629-9761. A live webcast and accompanying presentation of the conference call will be available in the Investors section of Oclaro's website at http://www.oclaro.com/.  An audio replay of the conference call will be available until August 7, 2012. To access the replay, please dial 1-858-384-5517 with pin 4553192.

About Oclaro
Oclaro, Inc. (NASDAQ: OCLR) is one of the largest providers of lasers and optical components, modules and subsystems for the optical communications, industrial, and consumer laser markets.  The company is a global leader dedicated to photonics innovation, with cutting-edge research and development (R&D) and chip fabrication facilities in the U.S., U.K., Italy, Switzerland, Israel, Korea and Japan. It has in-house and contract manufacturing sites in China, Malaysia and Thailand, with design, sales and service organizations in most of the major regions around the world. For more information, visit http://www.oclaro.com/.

Fiber Optic Circulators Global Market Forecast and Analysis (2011-2016)

Published:       July 16, 2012

Text Pages:     274

Also Included: Excel worksheets – Market Forecast

Fee:                From $3,400

Web:              www.electronicast.com

The deployment of optical fiber in the metro/access, the continuing demand for upgrading networks to accommodate rapidly increasing bandwidth requirements, plus the need for additional monitoring and testing of the optical fiber networks will drive the steady consumption of fiber optic circulators.

As terrestrial national backbone and undersea systems approaching Tb/s capacities, advanced fiber-optic components, such as fiber optic circulators, are key in enabling DWDM systems with narrow channel spacing to achieve the large numbers of channels required. Fiber optic circulators are used with erbium-doped fiber amplifiers (EDFA), fiber optic sensor applications, dense WDM (DWDM), optical add/drop multiplexing (OADM), optical time domain reflectometers (OTDR fiber optic test equipment), SANs (Storage Area Networks), bi-directional transmission systems, dispersion compensators, and other devices.  

This report by ElectroniCast Consultants provides a detailed fiber optic circulator market forecast for each year, 2011-2016.  The forecast is presented in terms of Quantity (number of units), Average Selling Prices (ASPs) per unit and Consumption Values.  The forecast data for the following regions, plus a Global summary:

·        America (South, Central and North America)

·        EMEA (Europe, Middle East and Africa)

·        APAC (Asia Pacific)

The forecasts are presented in the following application segments:

·        Telecommunications

·        Private Data Networks

·        Cable TV

·        Military/ Aerospace

·        Specialty Applications

Additionally, the fiber optic circulator market is presented by the following port-count configurations:

·        3 - Ports

·        4 - Ports

·        More than 4 - Ports (> 4 - Ports)

Fiber Optic Circulators are non-reciprocal devices, which means that changes in the properties of light passing through the device are not reversed when the light passes through in the opposite direction. The optical device is commonly used in a wide variety of systems, here are just a few examples: dispersion compensation, optical sensors, optical amplifiers, WDM systems, optical add/drops multiplexing (OADMs) and test/measurement instruments such as optical time-domain reflectometers (OTDRs), remote fiber (optic) test systems (RFTS) and other test equipment.  

Fiber optic circulator functionality is an excellent candidate for integrating with a transmitter and receiver into a single package.  Circulators provide an ideal solution for coupling devices into a fiber optic network without the inherent 3dB loss of an optical coupler. Circulators directional functionality enable simultaneously adding and dropping signals from a fiber as well as coupling other optical signal processing devices. 

Fiber optic circulators typically fall into two main classes: 4-port waveguide circulators based on Faraday rotation of propagating waves in a magnetized material, and 3-port "turnstile" or "Y-junction" circulators based on cancellation of waves propagating over two different paths near a magnetized material.

APAC to Win Market Share Lead       During 2011-2016, the value is forecast to increase at an average annual growth rate of 7.84 percent.  The consumption value is forecast to increase with rising quantity growth partially offset by declining average prices.

The American region (South, Central and North America), was the leader in terms of relative market share in 2011 with the consumption value of fiber optic circulators; however, the Asia Pacific region (APAC) region led by “green-field” telecommunication deployment is forecast to take the market share lead in 2013.

The Europe, Middle East and Africa region (EMEA) consumption of fiber optic circulators is forecast to lag behind; growing faster than the American region, but only one-third as fast as the APAC region.

Consumption is based on the geographical (region) location where the fiber optic circulator is first used into a higher-level sub-component, component, or apparatus.  All values and prices, reported by ElectroniCast Consultants, are at factory as-shipped levels, and are in current dollars, which include the effect of a forecasted 5 percent annual inflation rate over the forecast period.

3-Port Leads in Fiber Optic Circulator Consumption       In terms of worldwide volume (number of units), the 3-Port fiber optic circulators hold an estimated 88% market share in 2012.  Well-over 80% of the 3-Port fiber optic circulators in 2012 are used in Telecommunication applications.

Telecommunications is set to maintain its dominant market share lead throughout the forecast period (2011-2016), in all Port-counts.  Specialty applications (R&D laboratory, sensors, test equipment, oil/gas, other) are set to maintain the position of second-place, according to ElectroniCast.  Figure 1 shows the global consumption volume market share (%) estimate of the fiber optic circulator market for this year, segmented by Port-count. 

MTP-to-LC assemblies now achieve 0.4-dB loss

July 11, 2012 SYRACUSE, N.Y. – Responding to the need for data centers to reduce the amount of data lost within their network, CABLExpress® recently lowered the maximum assembly loss of its Skinny-Trunk® fiber optic harnesses and trunking MTP® to LC cables to 0.4dB. The Skinny-Trunk line of products allows data centers to adhere to the Telecommunications Infrastructure Standard for Data Centers, or TIA-942, which dictates that a structured cabling environment is the ideal environment for data centers to grow and adjust to changing needs. The lower dB loss rates of the fiber optic harnesses and trunking cables with MTP® to LC connectors offsets the data lost due to adding additional mating points typical of a structured cabling system. “As data centers grow and adopt next-gen networking technologies, fiber network cables must be able to support stricter loss requirements,” says Matt Graham, Director of CABLExpress. “We’re providing the high-performance fiber optic cables necessary to meet these requirements so that data centers can be ready for these changes.”   Earlier this year, CABLExpress lowered the maximum insertion loss of its Skinny-Trunk assemblies to 0.25dB by making improvements to the cable manufacturing process and extensive production testing. "CABLExpress continues to lead the industry in dB loss with our Skinny-Trunk fiber optic cabling system," says Graham. "We want to deliver the best value with our products and lowering dB loss provides a maximum return on our customers’ cable investments." The Skinny-Trunk fiber optic assembly comes standard with a lifetime warranty. Source Link:  http://www.cablexpress.com/about-us/news-press-releases/cablexpress-improves-performance-of-fiber-optic-cables-to-maximum04db-loss/

Chromatic Dispersion Compensation (DCM) Market Forecast

ElectroniCast Consultants 

                                    

Chromatic Dispersion Compensation Filter Modules (DCMs) 

Global Market Review & Forecast (2011-2016)

Published:              July 9, 2012

Text Pages:            224

Also Included:         Excel worksheets and PowerPoint Slides

Fee:                         $4,400

Web:                       www.electronicast.com

ElectroniCast Consultants, a leading market research & technology forecast consultancy addressing the fiber optics communications industry, announces the release of a new market forecast and analysis of the global market consumption and technology trends of filter-based chromatic dispersion compensator modules (DCMs), which are used in optical communication networks.  Chromatic dispersion (CD) is due to an inherent property of silica optical fiber, which must be canceled for effective optical fiber communication.

There are three common device techniques to deal with chromatic dispersion in optical communication (fiber optic) networks—the use of dispersion-compensating fiber (DCF); the use of chromatic dispersion-compensating filter modules (DCMs); and electronic dispersion chips (EDCs). 

This report presents ElectroniCast’s 2011-2016 market review and forecast of the consumption (value, quantity and average prices) of fiber optic chromatic dispersion compensators filter modules (DCMs) in optical communication networking; also forecast data of the worldwide consumption value of EDCs, DCF and DCMs is provided.  Currently, the packaged filter devices (modules) are typically comprised having FBGs (Fiber Bragg Gratings) or etalon-based elements.

In this ElectroniCast market study report, we present forecasts and analysis for the following product areas:

·        Fixed Chromatic Dispersion Compensation Filter Modules (DCMs)

·        Tunable Chromatic Dispersion Compensation Filter Modules (DCMs)

The market data are segmented into the following geographic regions, plus a Global summary:

• America (North America, Central and South America)
• EMEA (Europe, Middle Eastern countries, plus Africa 
• APAC (Asia Pacific)

40G QSFP+ Products

InnoLight Introduces a Full Family of 40G QSFP+ Products for Data Centers, Enterprises, Next-Generation Access and Metro Networks

SUNNYVALE, Calif., Jul 09, 2012 (BUSINESS WIRE) -- InnoLight Technology Corporation, a leading supplier of 10G/40G/100G high speed optical transceivers, today announced the production release of its full family of 40G QSFP+ transceivers. 

As bandwidth demand continues to escalate, the communication industry needs to upgrade its networks from 10G to 40G and 100G. The IEEE 802.3ba QSFP+ 40GBASESR4, LR4, and the forthcoming ER4 offer the latest technology to support bandwidth expansion. 

InnoLight's 40G QSFP+ product offering includes:

-- 40G QSFP+AOC, P/N TF-QQxxx-N00, up to 100 meters OM3 MMF transmission.

-- 40G QSFP+SR4, P/N: TR-QQ85S-N00, up to 300 meters OM3 MMF transmission.

-- 40G QSFP+IR4, P/N: TR-QQ13P-N00, up to 2km SMF transmission.

-- 40G QSFP+LR4, P/N: TR-QQ13L-N00, up to 10km SMF transmission. 

In addition, InnoLight will introduce 40G QSFP+ER4 with transmission up to 40km in 4Q 2012.

"QSFP+ is emerging as the preferred form factor for next generation 40G networks following the wide adoption of the SFP+ form factor in 10G. InnoLight is determined to drive this 40G QSFP+ transformation with a 4X bandwidth at a 2.5X in size, power and cost versus 10G SFP+. InnoLight's QSFP+ design is based on a unique and low cost optical platform which delivers the highest optical coupling efficiency in the industry. With this platform technology, InnoLight's customers will enjoy the full benefit of 40G QSFP+ technologies," said Osa Mok, Chief Marketing Officer of InnoLight Technology Corporation. 

About InnoLight

InnoLight Technology designs, builds and markets the best high speed, 10G, 40G and 100G, optical transceiver products in China. We provide best-of-breed optical interconnect solutions for cloud computing and next generation networking markets. Our value proposition is our leading-edge optical component and packaging technologies, high speed optical module design know-how, and unique low-cost testing capability.

Headquartered in Suzhou, China, InnoLight has sale offices and R&D centers in China, US, and Taiwan. Customers include major OEMs, data center operators, and system integrators in China, North America, Europe, and Asia. 

SOURCE: InnoLight Technology Corporation

Finisar Agrees to Acquire RED-C Optical Networks, Inc.

Acquisition Adds Key Amplifier Technologies to and Broadens Telecom Product Lines

SUNNYVALE, CA -- (Marketwire) -- 07/03/12 -- Finisar Corporation (NASDAQ: FNSR) announced today that it has entered into an agreement to acquire all of the outstanding equity interests in RED-C Optical Networks, Inc., a Delaware corporation, with subsidiary operations in Tel Aviv, Israel. The acquisition will broaden Finisar's product lines primarily for telecom applications by adding key amplification technologies, including Erbium Doped Fiber Amplification (EDFA), Raman amplification and dynamic Hybrid amplification. These technologies are considered critical for ROADM line cards and are increasingly important in cost-effectively extending the reach of transceivers and transponders especially for 100 Gb/s and 40 Gb/s coherent transmission, ultra-long repeaterless links, and low latency networks.


The acquisition will be effected by the merger of RED-C with a wholly owned subsidiary of Finisar. In connection with the acquisition, Finisar will pay in cash approximately $23.7 million in initial consideration for all of RED-C's outstanding equity. As of March 31, 2012, RED-C had $3.2 million of cash and no debt. Finisar will also pay to stockholders and certain RED-C employees up to an additional aggregate of $20 million payable in cash or in shares of Finisar common stock at Finisar's option, subject to the achievement of financial performance targets related to RED-C products and technologies during calendar 2013 and continued employment with Finisar.

Founded in 2000, RED-C has over 140 subsidiary employees, all of whom are located in Israel. Following the acquisition, the RED-C business will operate as a subsidiary of Finisar, with principal operations continuing at its current facility in Israel. Finisar expects the acquisition of RED-C to be slightly positive to non-GAAP earnings per share in its fiscal year ending April 30, 2013. The acquisition is expected to be completed prior to July 31, 2012, subject to certain closing conditions.

About RED-C
RED-C Optical Networks (www.red-c.com) is a leading provider of state of the art EDFAs, Raman and Hybrid amplifiers, and optical monitoring devices for all network segments (long haul, regional, metro and access) and for all network applications (telecom, cable and enterprise). In addition to a broad variety of EDFA and Raman and Hybrid modules, RED-C offers innovative and comprehensive solutions for some of the industry's most difficult technological challenges today, such as ultra long repeaterless links and100 Gb/s coherent networks.

About Finisar Finisar Corporation (NASDAQ: FNSR) is a global technology leader of fiber optic subsystems and components that enable high-speed voice, video and data communications for networking, storage, wireless, and cable TV applications. For more than 20 years, Finisar has provided critical optics technologies to system manufacturers to meet the increasing demands for network bandwidth and storage. Finisar is headquartered in Sunnyvale, California, USA with R&D, manufacturing sites, and sales offices worldwide. For additional information, visit www.finisar.com. Stay up to date with Finisar by reading the Lightspeed blog and following us on Twitter and Facebook.

Source: Finisar
News Provided by Acquire Media

Fiber Optic Cable from Guantanamo Bay to South Florida

WASHINGTON, July 5 (UPI) -- The U.S. Defense Department wants to install a $40 million underwater fiber-optic cable from Guantanamo Bay to South Florida, an official told The Miami Herald.

The newspaper said the cable, which needs congressional approval, would be a sign the military is preparing for detentions and other operations at the Navy base for the long-term.

"It only makes sense to do if we're going to be here for any period of time," said Navy Capt. Kirk Hibbert, before the end of his two-year term as the base's commander.

Construction wouldn't start for more than a year.

The Herald said the U.S. military has told the Cuban military to expect a U.S. surveyor ship off the base's coastline this summer.

Army Lt. Col. Todd Breasseale said the Defense Information Systems Agency had conducted a feasibility study. The agency put the tentative price of the fiber-optic cable at $40 million, which has been included in the fiscal 2013 budget.

Data delivery for the base, which is home to the war court and the prison camps' intelligence unit, has strained communications through a satellite system and planners looked at whether to expand that system or opt for fiber optics.

Source: United Press International, Inc.

Read more: http://www.upi.com/Top_News/US/2012/07/05/Fiber-optic-system-eyed-for-Guantanamo-Bay/UPI-30831341537594/#ixzz1zxD7n7iL

Multicast Overlay for High-Bandwidth Applications Over Optical WDM Networks

Research Paper Abstract:  Multicast communication in wavelength division multiplexed (WDM) networks is traditionally supported by the assumption that the optical crossconnects are multicast capable, i.e., they are capable of switching an incoming signal to more than one output interface. A naïve method of supporting this functionality in a multicast-incapable (MI) environment is by creating a virtual topology consisting of lightpaths from the multicast source to each destination of the multicast session.

For large sets of multicast requests, however, the network bandwidth consumed by such a scheme may become unacceptable due to the unicasting nature of the lightpaths. We refer to this method as achieving multicast via WDM unicast (MVWU). To support users’ multicast requests (from higher electronic layers) in MI networks, we propose two overlay solutions: drop at member node (DMN) and drop at any node (DAN). In these solutions, we achieve multicasting by creating a set of lightpath routes (possibly multiple hops) in the overlay layer from the source node of a request to each destination member. In the DMN case, we allow a lightpath route to originate/terminate only at source and destination members of a request, whereas in the DAN model we impose no such restrictions.

We first consider a static traffic model, wherein the set of multicast requests is known ahead of time, and present integer linear programs (ILPs) to solve these problems (MVWU, DMN, and DAN) with the goal of minimizing the total number of wavelengths required to service the set. We also present an efficient heuristic and compare its performance to the ILP for a small network, and run simulations over real-world, large-scale networks.

Moreover, we present lower bounds to calculate the minimum number of wavelengths required by the DMN and DAN models. Finally, we evaluate the performance of the heuristic (minimization of the number of wavelengths) under a dynamic traffic scenario and also evaluate the blocking performance for a fixed number of wavelengths.

Source: 

Arush Gadkar, Jeremy Plante, and Vinod M. Vokkarane

Journal of Optical Communications and Networking, Vol. 4, Issue 8, pp. 571-585 (2012)
http://dx.doi.org/10.1364/JOCN.4.000571

For More Information, see Source Link:  http://www.opticsinfobase.org/jocn/abstract.cfm?URI=jocn-4-8-571

OFC/NFOEC Named One of Fastest Growing

WASHINGTON, July 2—The leading conference for the optical networking industry, the Optical Fiber Communication Conference and Exhibition/National Fiber Optic Engineers Conference (OFC/NFOEC), has been named one of the United States’ top 25 fastest-growing trade shows in net square footage growth by Trade Show News Network (TSNN).

TSNN recently released its list of the 2012 Top 50 Fastest-growing Trade Shows in Attendance and Net Square Footage Growth in the U.S. The list calculations were based on both actual growth and percentage growth from 2009-2011. OFC/NFOEC’s total exhibit hall size grew by 20 percent in 2011, while the net square footage sold increased by more than 11 percent that year. The event’s attendance has also seen steady growth since 2009, with more than 12,000 attendees at last year’s conference and expo, and 560 exhibitors.

OFC/NFOEC organizers attribute the expansion of the show to growth in the industry. “Increased demand for more bandwidth and data storage, along with advances in cloud computing and faster broadband networks have helped drive technology and telecom businesses toward optical solutions, which can transfer large amounts of information quickly and efficiently,” said Melissa Russell, deputy senior director of corporate programs at the Optical Society (OSA), the managing co-sponsor of OFC/NFOEC. “The growth of OFC/NFOEC over the last several years is a testament to the strength of the optical communications industry.”

OFC/NFOEC will be honored for the achievement during the Third Annual TSNN Awards Nov. 2-4 in Louisville, Ky. Plans are already underway for OFC/NFOEC 2013, which will be held March 17-21, 2013 in Anaheim, Calif.

“We are pleased to maintain the momentum OFC/NFOEC has gained in the last four years as we head into 2013,” said David Coray, OSA’s director of exhibit operations. “We are honored to be recognized as one of the fastest growing tradeshows and look forward to continuing to provide the premier forum for the optical communications industry to come together to showcase the latest technical innovations, unveil new products and hear up-to-the-minute advances in this field.”

About OFC/NFOEC
For more than 35 years, the Optical Fiber Communication Conference and Exposition/National Fiber Optic Engineers Conference (OFC/NFOEC) has been the premier destination for converging breakthrough research and innovation in telecommunications, optical networking, fiber optics and, recently, datacom and computing. Consistently ranked in the top 200 tradeshows in the United States, and named one of the Fastest Growing Trade Shows in 2012 by TSNN, OFC/NFOEC unites service providers, systems companies, enterprise customers, IT businesses, and component manufacturers, with researchers, engineers, and development teams from around the world. OFC/NFOEC includes dynamic business programming, an exposition of more than 550 companies, and cutting-edge peer-reviewed research that, combined, showcase the trends and pulse of the entire optical communications industry.



OFC/NFOEC is managed by the Optical Society (OSA) and co-sponsored by OSA, the Institute of Electrical and Electronics Engineers/Communications Society (IEEE/ComSoc), and the IEEE Photonics Society. Acting as a non-financial technical co-sponsor is Telcordia Technologies, Inc. Visit www.ofcnfoec.org.

Enablence Technologies Provides Financing and Business Update

Toronto, Canada – July 4, 2012 - Enablence Technologies Inc. (“Enablence” or the “Company”) (TSX VENTURE: ENA) announced today that it has obtained a US$3 million bridge loan from a California bank to fund on-going operations, which will be guaranteed by a third party secured against the Company.  The Company also announced its intention to sell its wholly-owned photodiode business located in Switzerland (“ENA Switzerland”).

The bridge loan will provide cash to operate the business while the Company finalizes the renegotiation of certain secured notes payable totalling approximately US$11 million (the “Notes”).  The Company is in active negotiations with the Note holders, and expects to finalize the revised payment terms in July. While the Notes were due on June 23, 2012, the Note holders have agreed to a standstill agreement which provides that the Note holders will not initiate actions to collect on the Notes during the renegotiation period.  The Company intends to obtain additional financing, either from strategic or financial investors, to support the Company’s expected growth of PIC (Photonic Integrated Circuits) products, including the production of the Company’s multi-channel 100G optical components, including transmitter/receiver optical sub-assembly (“TOSA/ROSA”)  and 100G polarization multiplexed quadrature phase shift keying (“PM-QPSK”) products.  The proceeds from the sale of ENA Switzerland will be used to partially repay the bridge loan and the Note holders and fund continuing operations.

“This bridge loan and the planned sale of ENA Switzerland is a significant step towards putting Enablence on a sound financial footing so that the Company can secure its long term future and continue to provide its customers with reliable and uninterrupted products and services going forward” said Peter Dey, Chairman of Enablence.  “Thanks to the continued support of our tier-1 customers and key suppliers, we have been able to operate normally through the month of June.  We expect to report an increase of over 30% in revenues for the June quarter as compared to the March quarter. Furthermore, our joint-venture company, Sunblence Technologies, has begun shipping its first commercial splitter products and is aggressively ramping up capacity to meet anticipated growth in local access markets. We will provide more details when we report our year end results later this summer.” 

Source Link:   http://www.enablence.com/corporate-investors/press-releases/2012/7/4/enablence-technologies-provides-financing-and-business