Finisar Sets Industry Record: Ships 10 Million Transceivers/Transponders in 2006
Major Milestone Signifies Increased Demand for Optical Communication Components
SUNNYVALE, CA -- (MARKET WIRE) -- March 27, 2007 -- Finisar Corporation (NASDAQ: FNSR), a
technology leader in fiber optic solutions for high-speed communication
networks, today announced the achievement of a record-setting industry
milestone -- 10 million optical transceivers/transponders shipped in
calendar year 2006, up nearly 30% over the previous year. Finisar's
optical transceivers are shipped to Original Equipment Manufacturers from
Finisar's Malaysian facility, one of the most sophisticated high-volume
optical transceiver/transponder factories in the world.
"We are proud of our reputation as the leading optics supplier and industry
innovator in the network communications industry," said Jerry Rawls,
President and CEO of Finisar. "We are especially excited about Finisar's
strong growth in the 10-40Gig market for metro and telecom applications. We
think the acquisitions of Kodeos and AZNA will enable us to develop new
products for the telecom/metro market and greatly expand the size of our
addressable market."
Finisar manufactures a wide range of transceivers/transponders, based on
XFP, SFP, SFF, X2, XPAK, 300-pin, GBIC, and 1x9 form factors. Increasing
demands for advanced, high-speed data applications, including IP video,
voice over IP, wireless communications and enterprise storage and remote
disaster recovery applications have driven the demand for optical
transceivers. The innovative design of Finisar pluggable transceivers
delivers reduced power consumption and pay-as-you-go flexibility.
"With a significant share of the optical transceiver market from a unit
perspective, Finisar is truly a leader in the optics components business,"
said Roy Rubenstein, research director, LightCounting, an industry research
firm focused on the transceiver market. "The milestone they have achieved
not only demonstrates Finisar's ability to supply its customers with the
right product and right specifications at the right time, but also
indicates the company's ability to innovate and drive optical
communications."
To learn more about Finisar visit www.finisar.com, or to see demonstrations
of Finisar's optics products, please visit Booth #3431 at the Optical Fiber
Communication Conference and Exposition in Anaheim, California, March
27-29, 2007.
About Finisar
Finisar Corporation (NASDAQ: FNSR) is a technology leader for fiber optic
components and subsystems and network test and monitoring systems. These
products enable high-speed data communications for networking and storage
applications over Gigabit Ethernet Local Area Networks (LANs), Fibre
Channel Storage Area Networks (SANs), and Metropolitan Area Networks (MANs)
using Fibre Channel, IP, SAS, SATA and SONET/SDH protocols. The Company's
headquarters is in Sunnyvale, California, USA.
Contact Information: MEDIA CONTACT:
Victoria McDonald
Finisar Corporation
(408) 542-4261
victoria.mcdonald@finisar.com