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Advanced Photonix, Inc. Signs a Multi-Year Supply Agreement to Deliver 40 Gbps Optical Receivers with Leading Telecommunication Transponder Manufacturer.

Publication: PR Newswire
Publication Date: 05-JAN-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
ANN ARBOR, Mich., Jan. 5 /PRNewswire-FirstCall/ -- Picometrix, LLC, an Advanced Photonix, Inc. company (NYSE Alternext US: API), announced that it signed a multi-year agreement with an industry leading optical subsystem manufacturer to supply 40 Gbps optical receiver components to be incorporated into subsystems which are installed in next generation telecommunication networks. The first year of the agreement is expected to result in annual revenues in excess of...

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