SUNNYVALE, Calif., Oct. 20, 2014 (GLOBE NEWSWIRE) -- Alliance Fiber Optic Products, Inc. (Nasdaq:AFOP), an innovative supplier of fiber optic components, subsystems, and integrated modules for the optical network equipment market, today announced that it ranked 40th in Forbes' annual list of "America's Best 100 Small Companies". AFOP has appeared on Forbes list four times since 2010. Forbes named AFOP one of the "Most Trustworthy Companies" in 2010, and one of the "America's Best 100 Small Companies "in 2012 and 2013.
The Forbes "America's Best 100 Small Companies" list selected the top 100 publicly traded companies with sales under $1 billion, based on earnings growth, sales growth and return on equity in the past 12 months and over five years. Forbes' methodology also factors in each company's stock performance versus its peer group during the past 12 months. The full list can be found at http://www.forbes.com/best-small-companies/list/.
"What a great accomplishment for AFOP to make the list again this year," commented Peter Chang, President and CEO of AFOP. "It is a particular honor to be in such good company with other distinguished organizations also selected in 2014."
Forbes commented, "Small caps present tremendous opportunities for investors with faster growth potential in many cases versus multi-billion dollar conglomerates. Each year Forbes looks to identify up-and-coming companies that have displayed strong, consistent growth in our feature on America's Best Small Companies."
About AFOP
Founded in 1995, Alliance Fiber Optic Products, Inc. designs, manufactures and markets a broad range of high performance fiber optic components and integrated modules. AFOP's products are used by leading and emerging communications equipment manufacturers to deliver optical networking systems to the long-haul, enterprise, metropolitan and last mile access segments of the communications network. AFOP offers a broad product line of passive optical components including interconnect systems, couplers and splitters, thin film CWDM and DWDM components and modules, optical attenuators, and micro-optics devices. AFOP is headquartered in Sunnyvale, California, with manufacturing and product development capabilities in the United States, Taiwan and China. AFOP's website is located at http://www.afop.com.