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Bandwidth9 Acquires VeriFiber Technologies.


Business Editors/High-Tech Writers

FREMONT, Calif.--(BUSINESS WIRE)--Aug. 24, 2000

Bandwidth9 Inc. announced today that it has concluded the acquisition of VeriFiber Technologies Inc., an Atlanta-based designer and manufacturer of fiber-optic transmission, amplification, and line-monitoring systems for the telecommunications industry.

As a result of the merger, the combined company now includes more than 100 employees and is focused on designing and manufacturing optical transmission subsystems for those equipment manufacturers that serve the metro telecommunications markets. Bandwidth9 recently announced the industry's only practical vertical cavity surface emitting e·mit  
tr.v. e·mit·ted, e·mit·ting, e·mits
1. To give or send out (matter or energy): isotopes that emit radioactive particles; a stove emitting heat.

2.
a.
 laser (VCSEL (Vertical Cavity Surface Emitting Laser) Pronounced "vixel." A type of laser diode that emits light from its surface rather than its edge. A VCSEL's circular beam is easy to couple with a fiber, and due to its surface-emission architecture, can be tested ) transmission source that is directly modulated mod·u·late  
v. mod·u·lat·ed, mod·u·lat·ing, mod·u·lates

v.tr.
1. To adjust or adapt to a certain proportion; regulate or temper.

2.
 and broadly tunable.

During the past three years, VeriFiber Technologies has developed a substantial number of subsystem-level optical products for leading telecommunications equipment manufacturers, including Lucent Technologies, Scientific-Atlanta, ADC (1) See A/D converter.

(2) (Apple Display Connector) A peripheral connector from Apple that combines digital video display, USB and power in one cable.
 Telecom, and ANTEC, as well as carriers such as AT&T.

With the acquisition of VeriFiber, Bandwidth9 now has the capability to deploy fully integrated transmission and amplifier modules, incorporating Bandwidth9's tunable VCSEL technology, proprietary detection and locking architectures, and amplifier designs. These integrated assemblies will support the next generation of equipment for the metro market, including optical add/drop modules (OADMs), optical cross-connects A network device used by telecom carriers to switch high-speed optical signals (OC-3, OC-12, OC-48, etc.). It differs from a digital cross-connect in that it deals with multiple high-speed signals that are switched in their entirety and not multiplexed together.  (OXCs) and optical switches.

In addition, the acquisition creates new levels of manufacturing capability, including certified drop-ship status, with a number of equipment manufacturers, such as Lucent and Avaya. When combined with Bandwidth9's current optical processing and assembly facilities, the merger results in a complete end-to-end manufacturing capability for building low-cost and reliable optical subsystems.

"We are very excited to be able to join the workforces of Bandwidth9 and VeriFiber Technologies," said Hatch Graham, chief executive officer of Bandwidth9. "This strategic combination will enable Bandwidth9 to offer integrated optical modules to our clients, thereby removing the uncertainty and complexity that typically exists with new technologies. The merger will extend our capabilities, expand our markets and create complete electro-optical solutions for our customers."

"From the initial discussions, there was immediate synergy between the cultures and goals of the two companies," said Lee Thompson, co-founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of VeriFiber. Added Tim Richardson Tim Richardson, author of Sweets: The History of Temptation, is the world's first international confectionery historian. He also writes about gardens, landscape and theatre, and contributes to the Daily Telegraph, Country Life, The Idler, , co-founder and president of VeriFiber, "By merging our capabilities with Bandwidth9, we will be able to provide optimum solutions for fiber-optic equipment manufacturers by enhancing their product capabilities, as well as reducing their design cycles."

About VeriFiber Technologies Inc.

VeriFiber Technologies, a privately held company privately held company

A firm whose shares are held within a relatively small circle of owners and are not traded publicly.
, located in Suwanee, Georgia Suwanee is a city in Gwinnett County, Georgia. Portions of Forsyth County and Fulton County also have Suwanee and its zip code (30024) as a mailing address. The population was 8,725 at the 2000 census. Census Estimates for 2005 show a population of 12,553. , is a designer and manufacturer of fiber-optic and electronic modules, which include erbium-doped fiber amplifiers (EDFAs), optical line monitoring equipment, and other optics-based systems for the telecommunications industry.

About Bandwidth9 Inc.

Bandwidth9, a privately held company, located in Fremont, is a designer and manufacturer of tunable fiber-optic components and modules for telecommunications. The products are based upon the vertical cavity surface emitting laser (VCSEL) and optical micro-electro-mechanical structure (MEMS (MicroElectroMechanical Systems) Tiny mechanical devices that are built onto semiconductor chips and are measured in micrometers. In the research labs since the 1980s, MEMS devices began to materialize as commercial products in the mid-1990s. ) technologies. The company's mission is to develop cost-effective, next-generation, opto-electronic products and technologies that enable widespread deployment of optical solutions in metro-area networks.
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Publication:Business Wire
Date:Aug 24, 2000
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