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July
18th,
2000
Network
Photonics' Boulder Headquarters More Than Triples in Size
BOULDER, Colo., July 18 /PRNewswire/ -- Network Photonics(TM), a 3rd
generation optical networking company, today announced that because of its rapid
expansion, it will more than triple its current space in Boulder with an
additional 30,000 square feet of space. This expansion brings the total
square footage to more than 43,000 square feet and will enable the company to
accommodate the existing 45 employees, plus the 80 new employees Network
Photonics expects to hire over the next twelve months.
Network Photonics' new space will feature labs for engineering and reliability
testing as well as clean rooms for the integration and test of the company's
microphotonic technologies. Included in the space will be dozens of
additional offices. The company also opened a Santa Rosa, California
facility this month.
"We knew this expansion was coming, we just had no idea it would be this
soon," said Steve Georgis, president and CEO of Network Photonics.
"Our recruiting is going extremely well and we are proud to be deepening
our Boulder roots. Network Photonics is the only company in the area
developing this type of technology and we are extremely pleased with the depth
of talent
here."
Network Photonics is developing all-optical networking solutions that enable the
delivery of gigabit-level data services and alleviate the growing gap between
gigabit enterprise networks and terabit fiber optic backbones.
Visit
Network
Photonics on the web at www.networkphotonics.com
July
18th,
2000
Network
Photonics Hires Industry Veteran and Opens Facility in Santa Rosa;
New Facility to Focus on Optical Systems Development
BOULDER, Colo., July 18 /PRNewswire/ -- Network
Photonics(TM), a 3rd generation optical networking company, today
announced that David Arnold has joined the management team as vice president of
system engineering and operations and will head up Network Photonics' new
California facility in Santa Rosa.
Network
Photonics is developing all-optical networking solutions that enable the
delivery of gigabit-level data services and alleviate the growing gap between
gigabit enterprise networks and terabit fiber optic backbones. The company
develops the optical technology and subsystems in the Boulder headquarters and
system-level hardware and software in the Santa Rosa facility.
"We positioned our facilities where the talent is
located," said Steve Georgis, president and CEO of Network Photonics.
"We have successfully tapped the pool of optical engineers that exists in
the Boulder area to build our optics teams. The Santa Rosa area, with its
high concentration of telecom and optical networking engineers, gives us the
opportunity to quickly staff our systems teams."
As vice president of system engineering and operations in the
Santa Rosa office, Dave Arnold is responsible for system hardware, software and
network management for Network Photonics. Prior to joining Network
Photonics, Arnold most recently held the position of COO for Mariposa
Technology. Before Mariposa, he held executive engineering positions with
Advanced Fibre Corporation, Ericsson Raynet and Alcatel Network Systems.
Arnold has more than 20 years experience in telecommunications and networking.
"Network Photonics' has the proprietary technology that will solve the
metro bandwidth bottleneck affordably with scalable all-optical transport
networks," said Dave Arnold, vice president of system engineering and
operations for Network Photonics. "We are building an extremely
strong group of engineers in Santa Rosa to work with our Boulder counterparts --
it's an exciting time to join the team."
Visit
Network
Photonics on the web at www.networkphotonics.com
July
14th,
2000
Corning
to Invest $225 Million in Tripling Capacity at
Corning Lasertron
Latest
announcement underscores company’s plan to build its position as an
industry-leading optical layer company
CORNING,
N.Y. – Corning Incorporated (NYSE:GLW) announced today that its board of
directors has approved a $225 million expansion of Corning Lasertron in order to
increase the company’s capacity for its amplification and transmission
products, including pump lasers, transmission lasers and receivers.
The investment underscores Corning’s plan to build its position as an
industry-leading optical layer company.
“Today, we are announcing another investment in Corning Lasertron to expand its capacity in the face of extraordinary demand for Corning’s photonic products,” said Dr. Gerald J. Fine, vice president and general manager for Corning Photonic Technologies. “This is another step in a series of expansion plans which will allow us to better meet the needs of our customers. This expansion enables Corning to broaden its manufacturing capability from wafer fabrication through packaging.”
Additionally, Corning invested $45 million announced on April 27, 2000 to expand Corning Lasertron’s Oak Park facility in Bedford, MA. This doubled the existing capacity. In aggregate, these two expansions for a total investment of $270 million will increase the existing capacity of Corning Lasertron products by six times over the next two years and will create approximately 1,150 new jobs. The additional expansion will require the construction of a new factory. Site selection will be determined in August 2000.
“Currently, Corning Lasertron manufactures semiconductor chips for state-of-the-art pump lasers with powers as high as 225 milliwatts. We have demonstrated powers nearly twice as high and expect to commercialize these products as part of this expansion plan,” said Dr. Fine.
The integration of active components such as pump lasers into optical amplifiers and transmission lasers and receivers is becoming increasingly important as optical systems become more and more complex. Corning Lasertron’s pumps and transmission lasers and receivers, are essential elements in these networks.
July
6th,
2000
RIFOCS Awarded SPAWAR Contract
Camarillo, CA - RIFOCS Corporation was
awarded a $14.1 million dollar contract by the Space and Naval Warfare Systems (SPAWAR)
Center in San Diego, CA. (SSC San Diego). SSC San Diego is responsible for
development of the technology to collect, transmit, process, display and, most
critically, manage information essential to naval operations. As prime
contractor, the objective of this contract is for RIFOCS to manufacture,
test and ship up to 270 units plus spares of the Global Positioning Fiber Optic
Antenna Link (GPS FOAL) Subsystem over a 5-year period.
July
1st,
2000
Corning to Boost Capacity and Add
700 Jobs at Photonic Technologies
Plant
Sales of Photonic Technologies
Expected to Grow 80% This Year
CORNING, N.Y. — Corning Incorporated (NYSE:GLW)
said that it will spend $50 million to add capacity and 700 jobs at its photonic
technologies plant in Erwin, NY. The company said it is making the investment in
order to keep pace with soaring demand for optical-networking devices used to
build the backbone of the Internet. The announcement comes just three months
after Corning said it is adding another photonic technologies plant in Benton
Township, PA, and just weeks after Corning said it believes revenues from
photonic technologies will grow by 80% this year.
"We expect demand to continue to grow and
are committed to adding the capacity necessary to satisfy this demand,"
said Dr. Gerald J. Fine, vice-president and general manager, Corning Photonic
Technologies. "This is but one more step in a series of steps designed to
add resources where they can make a difference."
Corning’s expansion plan calls for the
addition of approximately 45,000 square feet to the existing facility and for
the construction of a nearby office building for approximately 200 engineers
currently working in the plant.
Established in 1851, Corning Incorporated (www.corning.com)
creates leading-edge technologies for the fastest-growing markets of the world’s
economy. Corning manufactures optical fiber, cable and photonic products for the
telecommunications industry; and high-performance displays and components for
television and other communications-related industries. The company also uses
advanced materials to manufacture products for scientific, semiconductor and
environmental markets. Corning’s revenues in 1999 were $4.7 billion.
July
1st,
2000
Samsung Corning Micro-Optics to
Quadruple Capacity of DWDM Module
CORNING, N.Y.
- Corning Incorporated and Samsung Electronics announced today that they have
approved the first phase of a $110 million expansion at Samsung Corning
Micro-Optics, their newly established equity venture company in Suwon, South
Korea. The expansion will quadruple production of dense wavelength division
multiplexing (DWDM) modules used to support the exponential growth of Internet
traffic.
"The worldwide market for high-quality,
low-cost optical modules is strong and growing quarter by quarter," said
Dr. Gerald J. Fine, Corning’s vice president and general manager of Photonic
Technologies. "This expansion will allow us to grow our DWDM business and,
at the same time, to create a source of critical components for Corning’s
burgeoning erbium-doped fiber amplifier (EDFA) module business."
Samsung Corning Micro-Optics is a pioneer in the
use of automation to manufacture micro-optic devices for use in complex optical
networking systems and made it first shipment last month of gain-flattening
filters for Corning’s optical amplifier business.
"Automation, combined with Corning’s
expertise in photonic technology, has proven critical to keeping up with the
phenomenal demand for optical components and modules," said Fine said.
"The expansion will allow us to use our technical edge to produce products
in the quantities our customers are demanding."
Established in 1851, Corning Incorporated (www.corning.com)
creates leading-edge technologies for the fastest-growing markets of the world’s
economy. Corning manufactures optical fiber, cable and photonic products for the
telecommunications industry; and high-performance displays and components for
television and other communications-related industries. The company also uses
advanced materials to manufacture products for scientific, semiconductor and
environmental markets. Corning’s revenues in 1999 were $4.7 billion.
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