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NEWS : PRESS RELEASE ARCHIVE
  For Immediate Release:

Press Contact:
Jim Lewis 978-262-0049

AXSUN TECHNOLOGIES ANNOUNCES THREE COMMERCIAL AGREEMENTS TO MANUFACTURE OPTICAL COMPONENTS

Billerica, MA, October 25, 2001 — AXSUN Technologies Inc., a manufacturer of agile photonic subsystems, today announced three commercial supply agreements to develop, qualify, and manufacture optical components targeted at metropolitan Dense Wavelength Division Multiplexing (DWDM) and other telecommunications markets. The components are being packaged in cooled, hermetically sealed, industry standard packages. All three products will be qualified to stringent Telcordia standards.

The AXSUN® universal photonic integration packaging platform demonstrates world-class performance in optical alignment, cost and scalability of manufacturing. The platform offers breakthrough levels of alignment precision, automation and functional integration. The platform is also applicable to other packages such as un-cooled mini-DIL and configurations requiring multiple fiber feedthroughs.

"These orders from U.S. and European based companies validate the AXSUN® integration platform in the optical communications marketplace," stated Dr. Dale C. Flanders, President and CEO of AXSUN Technologies. "The AXSUN® universal photonic integration packaging platform gives our customers a competitive advantage by enabling them to accelerate time to market with a Telcordia qualified component, while simultaneously lowering their capital investment and program risk." The agreements are worth several million dollars and extend into 2003.


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  About AXSUN Technologies
AXSUN Technologies, established in 1999, has developed a revolutionary photonic packaging platform capable of integrating nearly any combination of optical devices. The company applies this platform to the manufacture of a new class of photonic subsystems including the industry's smallest, high performance optical monitor products. The company's agile optical products are central to the transformation of the Wavelength Division Multiplexing (WDM) infrastructure from an inflexible, constrained network to one that is agile and programmable at the optical layer. More information about AXSUN is available at www.axsun.com.
 
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