II‐VI Incorporated Expands Manufacturing Assembly Capacity for 980 nm Pump Lasers

PITTSBURGH, Jan. 13, 2016 (GLOBE NEWSWIRE) -- II‐VI Incorporated (NASDAQ:IIVI), a leading provider of solutions for next generation optical networks, today announced the expansion of its 980 nm pump laser assembly lines with a new facility in Calamba, Philippines and additional manufacturing capacity in Shenzhen, China.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/2248769b-efb5-4994-8558-5c64a0cf79af

The continued growth in wired and wireless internet traffic is driving a rapid expansion of the optical communications infrastructure worldwide. Terrestrial and submarine fiber-optic links require optical amplifiers to boost the optical signal at periodic intervals along each transmission line. II-VI’s 980 nm pump lasers are the engines of optical amplifiers that are used to boost the power of the transmitted optical signal, and with this additional capacity, II-VI can respond to the rising demand for its industry-leading 980 nm pump laser modules.

“This additional manufacturing capacity allows us to address the strong growth in demand for 980 nm pump lasers from our customers worldwide,” said Simon Loten, GM of the II-VI Pump Laser Division. “With this investment we continue to demonstrate our long term and stable commitment to serve our customers globally in the growing optical communications market.”

The new II-VI manufacturing facility in Calamba, Philippines, houses state-of-the art automated assembly lines and expands the laser sub-assembly manufacturing capacity already available in Zurich, Switzerland. Laser sub-assemblies are shipped to II-VI operations in Shenzhen, China to complete the pump laser module assembly.

The manufacturing capacity increase in the Philippines and in China will begin contributing to II-VI’s 980 nm pump laser production output this quarter and will be fully operational next quarter.

About II-VI Incorporated

II-VI Incorporated, a global leader in engineered materials and opto-electronic components is a vertically integrated manufacturing company that develops innovative products for diversified applications in the industrial, optical communications, military, life sciences, semiconductor equipment, and consumer markets. Headquartered in Saxonburg, Pennsylvania, with research and development, manufacturing, sales, service, and distribution facilities worldwide, the Company produces a wide variety of application-specific photonic and electronic materials and components, and deploys them in various forms including integrated with advanced software to enable our customers.

CONTACT: Mark Lourie Director of Marketing Optical Communications Group (781) 569-1607 www.ii-vi-photonics.com

Source:II-VI Incorporated