Modulight enters Israeli market in cooperation with Migvan

Tampere, January 22nd, 2004, Modulight, Inc. (Tampere, Finland) and Migvan Technologies & Engineering (Tel Aviv, Israel) signed today a representative agreement, which enables immediate availability of Modulight’s products into Israeli market.

Modulight offers optoelectronic (OE) epiwafers, OE chips (lasers) and packaged laser components such as TO-cans and fiber pigtailed laser modules. Customized laser chips and foundry services are supporting well Modulight’s broad product and service portfolio. Modulight’s Fabry-Pérot and DFB laser dies, from lower speeds up to 10Gb/s, are available as standard products in volumes, but can be also customized, based on customer requests.

Modulight works in close cooperation with customers, offering them high product performance, cost-efficiency, covering measurement capability, full technical support and volume production capability.

Dr. Petteri Uusimaa, President of Modulight says: “There is a clear match between our laser products and Israeli market concentration on specific areas of optical communications. For example, our fiber pigtailed laser modules can be used in various ways in telecommunication systems. Our company has good expertise in customizing and tuning these lasers for various applications including space, military and medical

applications. Agility and fast response time are our strengths in these cases. The opportunity to collaborate with Migvan – one of the leading importing companies in Israel – seems to be very a attractive way to enter Israeli market directly.”

Mr. Ori Kaplan, Managing Director of Migvan: “Migvan is pleased to have the opportunity to introduce Modulight’s product line to the Israeli market. We are excited about these high quality, custom-made products and are confident that they will be welcomed by our customers. This is the perfect time to begin promoting Modulight’s products, as our hi-tech market (including telecom, medical, military, etc.) is on the upswing. “Migvan” will be able to customize the Modulight products to fit each of our customers’ particular, sophisticated needs. We anticipate and look forward to developing a long-term, mutually fruitful relationship between Modulight and the Israeli market.”

About Migvan:

Migvan Technologies & Engineering is one of the leading companies in Israel in the import, marketing and distribution of electronic components. The Company represents a large number of components manufacturers from all over the world, specializing in advanced technologies. Migvan’s product portfolio includes active/ passive components and power management products.

About Modulight, Inc.

Modulight is an ISO 9001:2000 and ISO14001 certified manufacturer of high-performance optical subcomponents (laser die / chip) for datacommunications and telecommunications. Modulight creates unique business advantages for component and subsystem manufacturers worldwide by offering flexible high performance products, advanced design capabilities, and agile and reliable volume production capacity. Our products, based on semiconductor layers, are designed to increase the capacity and to enable the creation of flexible, scalable and cost-effective Metropolitan (METRO), Access and Enterprise networks. The company achieved first profitable result in 2002.

Contact information

Modulight, Inc.
Mr. Seppo Orsila
Vice President
Tel: +358 20 743 9000
Fax: +358 20 743 9009