SOURCE: EMCORE

EMCORE

March 07, 2011 08:28 ET

EMCORE Corporation Has Shipped Over One Hundred Thousand Active Optical Cables

ALBUQUERQUE, NM--(Marketwire - March 7, 2011) - EMCORE Corporation (NASDAQ: EMKR), a leading provider of compound semiconductor-based components and subsystems for the fiber optic and solar power markets, announced today it has reached a significant milestone having shipped over 100,000 EMCORE Connects Cables™, making it the market leader in active optical cables.

EMCORE Connects Cables are used in a variety of interconnect applications including high-performance computing (HPC), storage area network (SAN) systems, distributed-grid networks, cloud computing systems and telecommunications datacenters. These systems require the use of active optical cables (AOCs) because of their light weight, small size and high bandwidth over long distances, making them the preferred alternative to traditional copper cables.

Senior Vice President of LightCounting LLC Brad Smith commented, "As one of the highest growth optical component segments, the active optical cable market has experienced nearly 30% growth from 2009 to 2010 driven by high-performance computing, commercial cloud networks and network/infrastructure expansion. We estimate that the AOC and parallel optical transceiver market will have a 27.5% compounded annual growth rate from 2009 to 2013."

EMCORE was the first to bring optical interconnects to the high performance computing market and has led the industry in shipments of 20Gb/s and now 40Gb/s active optical cables. "We have seen strong year-over-year growth in AOCs with more than 30,000 Quad Data Rate (QDR) cables shipped in a three month period, a record quantity. A new order recently received is for a super computer that upon completion will perform 10 petaflops per second," noted Jaime Reloj, EMCORE's Vice President of Business Development.

For additional information about EMCORE's 40Gb/s QDR Connects Cables and other optical interconnect products, please visit http://www.emcoreconnects.com. EMCORE will demonstrate its comprehensive Connects Cables at the Optical Fiber Conference in Los Angeles from March 8-10, 2011, Booth 2125.

About EMCORE:
EMCORE Corporation offers a broad portfolio of compound semiconductor-based products for the broadband, fiber optics, space and solar power markets. EMCORE's Fiber Optics segment offers optical components, subsystems and systems for high speed data and telecommunications networks, cable television (CATV) and fiber-to-the-premises (FTTP). EMCORE's Photovoltaics segment provides products for both space and terrestrial applications. For space applications, EMCORE offers high efficiency gallium arsenide (GaAs) solar cells, covered interconnected cells (CICs) and panels. For terrestrial applications, EMCORE is adapting its high-efficiency GaAs solar cells for use in solar concentrator systems. For further information about EMCORE, visit http://www.emcore.com.

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include statements regarding the company's expectations, goals or intentions, including, but not limited to, product features and their benefits, product quality and network growth. These forward-looking statements are based on management's current expectations, estimates, forecasts and projections about the company and are subject to risks and uncertainties that could cause actual results and events to differ materially from those stated in the forward-looking statements. Risks and uncertainties that could cause the company's actual results to differ from those set forth in any forward-looking statement are discussed in more detail under "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the company's SEC filings. Forward-looking statements contained in this press release are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

Connects Cables is a trademark of EMCORE Corporation. 

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