INCOM Inc. Announces Acquisition of Paradigm Optics

SOUTHBRIDGE, Mass., Jan. 9, 2012 /PRNewswire via COMTEX/ -- INCOM Inc., the world's leading commercial manufacturer of fused fiber optic components, today announced that it has acquired Paradigm Optics, a manufacturer of polymer fiber optic devices located in Vancouver, Washington. The acquisition includes all intellectual property related to the manufacture and sale of polymer structures as well as all physical assets and capital equipment. Paradigm Optics President & CEO Mr. David Welker will remain as Director of Polymer Products, continuing to oversee all activities at the Washington-based property, reporting in to Mr. Michael Detarando, President & CEO of INCOM. Financial details of the transaction were not disclosed.

Mr. Anthony M. Detarando, Chairman of INCOM Inc., stated, "The purchase of Paradigm Optics represents INCOM's continued investment and commitment to providing the most advanced fused fiber optic technology available to our customers. Paradigm's polymer fiber optic technology, in particular, will allow INCOM to further service the needs of the homeland security marketplace with biometric identity solutions specifically in the area of ultrasonic fingerprinting; and, we can now service the display industry with polymer-based image guides and transfer devices that enable seamless and dynamic digital displays with tactile feedback."

Mr. Welker added, "We're thrilled to be part of the INCOM family, and look forward to contributing to the innovative and state-of-the-art work they have done in manufacturing fiber optics products for scientific, medical, defense and life science applications over the past 40 years."

INCOM Inc. reported that they expected the folding of Paradigm Optics into INCOM's operation to be completely transparent to customers and employees alike. INCOM, the leading commercial manufacturer of fused fiber optic components, marked its 40th anniversary in 2011. For any comments or more information about INCOM, please visit http://www.incomusa.com .

SOURCE INCOM Inc.

Copyright (C) 2012 PR Newswire. All rights reserved

Oyster Optics Acquired by Techquity

INDIAN HARBOR BEACH, Fla., Jan. 10, 2012 /PRNewswire-iReach/ -- Telecommunications technology solutions provider, Oyster Optics, Inc., which develops and licenses unique optical transmission methods relating to 40G and 100G fiber communications networks, announced that Austin, Texas-based private equity fund, Techquity, L.P. and its portfolio companies, have acquired its patent portfolio and intellectual property assets.

"Oyster Optics has developed key technologies and intellectual property around the efficient transmission of optical signals across communications networks," stated Mark Roche, Managing Director of Techquity Capital Management, LLC, the Fund's management company. "Given their high quality and proven history, these unique assets fill an important role in Techquity's rapidly growing portfolio. We believe current and future demand for network capacity will provide continued opportunity for expanded use of this critical IP. "

Oyster Optics cutting-edge technologies are in use by equipment manufacturers in the US, Asia and Europe. The firm was founded in 2001 by a team of successful operators and serial entrepreneurs who saw the inefficiencies of telecommunication networks early on and invented specific technologies to transport fiber optics signals in a more efficient manner. Such technologies are being adopted today to enable the high-speed optical infrastructure operating at 40G, 100G and beyond, throughout the United States, and indeed worldwide. With the explosion of broadband data, including video, voice, wireless, TV and social media, such core networks are absolutely critical for productive business and government operations, and indeed the modern connected consumer experience.

"Oyster Optics was impressed with Techquity's strong telecommunications background and intellectual property prowess," noted Seth Page, Chairman and CEO of Oyster Optics. "We see Oyster Optics' leading-edge phase modulation technologies as a natural complement to their investment and commercialization strategy."

Dr. Hagen Hultzsch, longtime Oyster Optics' Advisory Board Member and former Member of the Supervisory Board of Deutsche Telekom AG, further pointed out, "This transaction underscores the value of innovation and the success of the U.S. patent system in enabling, protecting, nurturing, and ultimately rewarding such unique inventions. Oyster Optics demonstrated that rare entrepreneurial vision, foreseeing market needs nearly a decade before market leaders did and hence creating new mainstream business opportunities where none had existed before."

Oyster Optics' investor and Advisory Board Member, Robert Wilson, a retired Goldman Sachs General Partner, President of Goldman Sachs International and the first Chairman & CEO of Lending Tree, provided additional perspective, "This company and executive team have weathered two major financial crisis' and yet managed to adapt their business model to the changing landscape while growing their technology and patent protection base. This sort of long-term tenacity and uncompromising dedication is hard to find in a team these days and has ultimately provided an exit opportunity to investors and shareholders."

About Oyster Optics:

Oyster Optics is a research, development, engineering and licensing company focused on the development of leading edge fiber optic technologies. With a history of innovation in commercial, government, security, and broad-band applications, Oyster Optics has focused its resources on developing core optical technologies based on the needs of tomorrow's telecommunications infrastructure. Please refer to the company website at: www.oysteroptics.com

About Techquity Capital Management, LLC:

Techquity Capital Management is an intellectual property investment firm devoted to creating and unlocking value from innovation. The firm leverages the success of its principals, who established a leading global intellectual property development and commercialization business for a Fortune 50 corporation. Please refer to the company website at: www.techquitycap.com

Media Contact: Isaac Foster Oyster Optics, Inc., (321) 890-7186, info@oysteroptics.com

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE Oyster Optics, Inc.

Newport Acquires ILX Lightwave for $9.3 Million

29 December 2011 – Following its acquisitions of Ophir Optronics and High Q Technologies, Newport Corporation is set to continue its consolidator moves with the buy-out of ILX Lightwave, the photonics instrumentation and test and measurement firm based in Bozeman, Montana.

The $9.3 million cash deal is expected to close within a month, with the precise amount paid for the company subject to a final calculation of ILX Lightwave’s net assets at closing. Newport says that the company is set to make a profit on its expected 2011 sales of $8 million.

Newport CEO Robert Phillippy said in a statement announcing the deal: “The addition of ILX, together with our recent acquisition of Ophir Optronics, will further enhance Newport's position as the industry's leading provider of photonics instrumentation and measurement equipment. With our expanded portfolio of products and technology, we will offer our customers solutions to the most demanding applications in both the scientific and industrial markets.”

ILX sells a wide range of photonics-related instrumentation, from diode drivers and temperature controllers to fiber-optic sources and power meters, meaning that there is a certain amount of overlap with the Newport-owned Ophir Optronics product offering.

ILX was founded in 1986, with a business based initially around its groundbreaking precision laser diode current source, and has worked closely with Montana State University through a collaborative research program. The company has also worked with researchers at the NSF-funded Center for Mid-IR Technologies for Health and the Environment (MIRTHE) in Princeton University, which is developing optical gas sensors based on quantum cascade lasers.

Balancing the portfolio

Newport’s recent spree is part of a corporate strategy to grow the business through both organic expansion and merger and acquisition activity. The company has enjoyed several quarters of strong growth recently, although that has been largely the result of a buoyant microelectronics industry, a sector that accounts for up to one-third of Newport’s revenues, through 2010 and early 2011.

In moves designed to make the company less susceptible to strong swings in demand from the microelectronics industry – which is now in a slump - Phillippy and colleagues have targeted acquisitions that provide Newport with a more balanced portfolio. Together with the incorporation of Ophir Optronics and High Q, ILX Lightwave adds to the firm’s activity in industrial, medical and defense markets. Newport’s goal is to increase its annual revenues to $750 million by 2013, and the ILX deal will provide additional momentum to that end.

Newport is partly financing its expansion with a new five-year, $185 million loan and the availability of a new $65 million revolving credit line that were agreed in November. The arrangement has been designed to enable repayment of subordinated convertible notes due February 2012. In early December, Newport said that it had retired $69.6 million of those notes early, with a $51 million principal amount still outstanding.

At the time of the early repayment, Newport's CFO Charles Cargile had hinted at subsequent acquisitions, saying: “We are pleased that we were able to retire a substantial portion of our convertible notes prior to their February 2012 maturity date. The net savings on interest expense is compelling and we reduced our total outstanding debt. We remain very confident in our ability to generate significant cash from operating activities and to capitalize on opportunities to effectively utilize our cash.”

3S PHOTONICS Acquires Manlight

Nozay, France, November 25th, 2011 – 3S PHOTONICS, a world-leading manufacturer in optical and optoelectronic components for telecommunication networks, announced the acquisition of 100% of Manlight S.A.S. shares. 3S PHOTONICS Group has completed the transaction with the active help of EURAZEO, which holds 83% of 3S Photonics’ capital.

Manlight S.A.S., a globally recognized player for optical fiber amplifiers and lasers, designs and manufactures products for telecommunication transport networks, broadband access networks, defense, and industrial markets. Based in Lannion France, Manlight was founded in 2006 through the acquisition of Highwave Optical Technologies assets. The company’s 30 employees are world-class experts in fiber optic amplification and laser technologies. Eric Delevaque, founder and former Highwave Optical Technologies CEO comments: “The integration of Manlight into the 3S Photonics Group is an important turning point, anticipating terrific growth opportunities. Commercial and technical synergies will enable to benefit from full value of the Manlight know-how and intellectual property”.

The company is becoming a subsidiary of 3S Photonics Group. Alexandre Krivine, President and CEO of 3S PHOTONICS Group is appointing Eric Delevaque as Manlight General Manager. “We are very pleased to have completed the Manlight acquisition with the help of Eurazeo as this deal fits perfectly into the development strategy we have established for 3S Photonics” says Alexandre Krivine, “The Manlight product range allows us to expand our offer for our historical telecom customers, to continue the diversification of our activities by promoting Group components linked to the LIDAR and

industrial fiber laser markets”, this enabling us to climb the value chair.

In November (2011), 3S PHOTONICS Group reported a consolidated IFRS turnover of up to €51M for the fiscal year 2011, which ended in June 2011, representing a year on year growth of 64% (or 44% within the same business scope).

About 3S PHOTONICS              3S PHOTONICS group is a leading provider of innovative optical products and solutions for Lasers, Sensing & Telecom markets. The Group designs, manufactures, and markets high reliability active & passive optical components and modules for the telecom, sensing & laser markets. It develops ultra-reliable fiber-optic systems including high-power fused components, optical sensors and

fiber laser components. Through its Avensys Solutions division, it also provides instrumentation and integrated solutions for process and environmental monitoring systems. More Information: http://www.3sphotonicsgroup.com/

About Manlight S.A.S.             Manlight SAS is a leading company in the design and the manufacturing for fiber optic amplifying and laser systems. Manlight products address telecommunication networking, from transport to the broadband access, industrial, security (LIDAR) and defense markets. Manlight has been incepted in 2006 through the acquisition of the Highwave Optical Technologies assets, and has exploited and developed the know-how and the intellectual property in destination to these markets.

RF Industries Closes Acquisition of Cables Unlimited, Inc.

SAN DIEGO, CA, June 16, 2011 . . . RF INDUSTRIES, LTD. (NASDAQ:RFIL) announced today that it has completed the acquisition of Long Island, NY-based Cables Unlimited, Inc., (CUI), a seller of high value fiber-optic cabling and connector products to enterprise and carrier network customers, for a total purchase price of $5,600,000, consisting of $2,800,000 in cash and 762,738 common shares. Privately owned

CUI had revenue of approximately $6,200,000 and non-audited non-GAAP adjusted EBITDA of approximately $645,000 in its most recent twelve months ended December 31, 2010.

RF Industries also announced that Darren Clark, the sole owner of Cables Unlimited, has been added as a new member to the Board of Directors of RF Industries. Darren co-founded Cables Unlimited, Inc. in 1992 and has been its principal executive officer since CUI's formation.

"This acquisition expands our product line into the fiber optics business and enables RFI to improve service for the three cable/connector markets that we have targeted: RF coaxial market; cabling products for the medical monitoring market, and fiber optic connectors and cable assemblies. Our largest customers, who have been seeking a reliable source of fiber optic cabling, have been encouraging RFI

to enter this market. As a Corning certified "Gold Member", a limited group of companies in the United States approved to deliver Corning's warrantied product line, we believe CUI's certification and expertise will support our expansion into the fiber optics marketplace. Additionally, CUI's large, modern Long Island, New York location gives us an East Coast presence and the relocation of some of our RF cable and connector operations to this facility will reduce delivery times and transportation expenses for many of our largest customers," said Howard Hill, President and CEO of RF Industries.

"CUI's recent contract wins and improving operating results are anticipated to increase RFI's profitability and cash flow, after one-time expenses related to the integration of the business, in the fourth quarter of the current fiscal year and throughout fiscal 2012," said Hill.

About RF Industries RFI manufactures, designs and distributes Radio Frequency (RF) connectors and cable assemblies, medical cabling products, RF wireless products, and fiber optic cable products. Coaxial connectors, cable assemblies and custom microwave RF connectors are used for Wi-Fi, PCS, radio, test instruments, computer networks, antenna devices, aerospace, OEM and Government agencies. Medical Cabling and Interconnector products are specialized custom electrical cabling products for the medical equipment monitoring market. RF Wireless products include digital data transceivers for industrial monitoring, wide area networks, GPS tracking and mobile wireless network solutions. Fiber optic cable, connector and harness products serve computer, aerospace, computer networking and specialty applications.

Investor Contact:

Neil Berkman Associates

(310) 477 - 3118

info@berkmanassociates.com

Company Contact:

Howard Hill, President

(858) 549-6340

rfi@rfindustries.com