CyOptics Opens New Development and Manufacturing Facilities in Yokneam, Israel
Adds both office and cleanroom space to its expanding research, development, and manufacturing organization for 40Gbps and ultra-long-haul optical transmission components
Burlington, MA. Reflecting its aggressive growth, CyOptics Inc., today announced that it is has opened a new development and manufacturing facility in Yokneam, in Northern Israel. Yokneam is situated between Tel Aviv and Haifa, the two Israeli centers of high-technology expertise, giving CyOptics access to one of the world s most talented and dynamic work forces. With its convenient access, and its beautiful location in the Carmel mountains near the Mediteranean Sea, Yokneam is rapidly becoming one of Israel s premier high-technology centers. Along with a high concentration of companies focused on wireless communications, microelectronics, and telecommunications Yokneam offers a depth of auxiliary development services, including ISO 9000 certification expertise, and EMI and EMC test facilities.
"Our new Yokneam facility includes state-of-the-art cleanrooms and equipment for optoelectronic device packaging, test, burn-in, and qualification, as well as development labs and expanded office space", said Dror Motovilov, CyOptics Vice President of Operations. "The new facility enables us to continue on our aggressive development, hiring, and manufacturing ramp up."
"As our products emerge out of development and into customer deployment, our new facility will allow CyOptics to ramp manufacturing capacity to meet customer demand", stated Micha Zimmermann, Vice President of Research and Development. "Additionally, the state-of-the-art optics laboratories will enhance and speed our product development efforts."
CyOptics products address a market expected to grow to over $1.3B in 2003, and conservatively estimated at $3B by 2005. These products - transmission components for 40Gbps and Ultra-Long-Haul transmission, will advance the state-of-the-art in very high speed and long distance optical networking.
About CyOptics
CyOptics was founded in early 1999, with the goal of advancing the state of the art in high speed and ultra-long-haul optical communication components. The company is headed by veterans of Lucent, Intel, and Lasertron, and has a superlative technical team, including leaders in the field of Indium Phosphide optical component development, and optoelectronic device packaging. CyOptics is headquartered in Burlington, Massachusetts, with offices in Los Angeles, California, and research and development facilities in Israel. The company has full optoelectronic component manufacturing capability, including Indium Phosphide wafer fabrication, regrowth, and characterization, as well as microelectronic device packaging, test and qualification facilities. Visit the web site at www.cyoptics.com.
Editorial Contacts:
Hava Volterra, CyOptics, (310) 914-0155, hvolterra@cyoptics.com Karen George, AccessMillennium 3, Inc., (562) 597-8086, karen@access-pr.com
Hava Volterra, CyOptics, (310) 914-0155, hvolterra@cyoptics.com
Karen George, AccessMillennium 3, Inc., (562) 597-8086, karen@access-pr.com
E-mail: karen@access-pr.com
Web site: http://www.cyoptics.com
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