Monday, May 18, 2009

Picometrix to Deliver 40G Optical Receivers

Picometrix signed an agreement with an industry leading manufacturer of optical subsystems to supply 40G balanced optical receivers to be incorporated into the customer's next generation transponders to support long-haul telecommunication networks. As part of Picometrix's increasing market share in line-side 40G optical receivers, the company expects annual revenues from this agreement in excess of $1 million in the current fiscal year (FY2010).

"Even in these challenging economic times, the demand for bandwidth is still increasing at a rapid rate driven by bandwidth intensive video applications, such as IP-HDTV," says Robin Risser, president and general manager of Picometrix.