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Ignis signs preferred supply agreement for delivery of AWGs in China


Oslo, Ignis ASA, today announced that they have entered into a preferred supply agreement for delivery of AWGs to a leading Asian manufacturer of optical components. The agreement has an order value of USD 3.4 to 4.5 million in 2010.

- We have invested substantial time and efforts in our Danish AWG fab to position ourselves for agreements at this level. This deal supports our strategy of delivering AWG components to the fast growing international broadband market and we are working hard to further win business in both Asia and other rapidly expanding market regions, says Magnus Breidne, CEO Ignis Photonyx..

AWGs are the best technology for improved cost/performance ratio in high speed fiber networks having the lowest cost per channel, lowest fiber-to-fiber loss and highest uniformity. AWG is the preferred choice for high-channel counts as compared to alternative technologies such as Thin Film Filters (TFF).

AWG technology is enabling WDM-PON architectures which is improving the performance of high speed broadband networks. The penetration of WDM-PON architectures is expected to grow increasingly faster from 2010 and Ignis is very well positioned for supplying this market with highly competitive thermal and athermal AWGs.

- We are experiencing increasing demand for our AWG technology and the timing of taking our AWG products to the market looks promising. The significant investments we have done in this technology over the last years is now starting to pay off, says Magnus Breidne.

About Ignis
Ignis ASA is comprised of three subsidiaries including 69.3% ownership in Ignis Fira in Korea, the wholly owned Ignis Photonyx in Denmark and Ignis Syntune in Sweden. Ignis is a leading international provider of optical splitters, multiplexers, and state-of-the-art widely tunable lasers for applications ranging from fiber-optic communications to sensor systems. Headquartered in Oslo Norway, Ignis ASA is listed on the Oslo Stock Exchange (OSE: IGNIS).


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