Modulight establishes distribution partner in China and wins new contract for laser display application

Tampere, Finland & San Jose, CA, May 20th 2009 – Modulight, Inc. (Tampere, Finland) announced today that it has strengthened its position in China by signing a distribution agreement with Photonteck Company Limited (Shenzhen, China) that has resulted in a new contract with end customer in China for display related application. The agreement immediately establishes a co-operation with Photonteck to sell and promote Modulight’s laser products in the Chinese market.

Photonteck and Modulight provide to Chinese market product solutions from design and manufacturing of laser diodes to OEM-based optical sub-systems and turnkey laser systems for medical, industrial, display, and communications applications. Modulight works in close co-operation with customers, offering them high product performance, customized products, cost-efficiency and volume production capability.

“With this agreement, we will strengthen our position in the Chinese market where we have already built an initial customer base and established manufacturing activities together with local partners. Photonteck has wide coverage in China and strong knowledge of laser products and market in general. By working together with Photonteck, we expect a significant increase in our market share in China and further improvement in our profitability.”, says Dr. Petteri Uusimaa, Modulight’s President & CEO.

Mr. Hua Zhang, Photonteck’s General Manager says: “Modulight has a reputation for developing advanced technology and delivering reliable products to their customers. We look forward to partnering with Modulight and we are confident to supply the best products from Modulight to local customers with active market activities.”

About Photonteck Company Limited

Photonteck Company Limited, a Hong Kong registered company was founded in 2005 and has grown into a professional distribution company of overseas fiber optics, lasers and photonics products in mainland China and Hong Kong area. Photonteck is dedicated to helping overseas manufactures of high performance optical components, modules and subsystem/systems to enter into the ever-growing China market.”

About Modulight, Inc.

Modulight, Inc. provides value-added solutions to optical applications for industrial, communication, medical, space, and defense industries. Modulight products include various types of lasers from visible to infrared wavelengths with output power levels from milliwats to over hundreds of watts. Modulight provides also laser solutions from design and manufacturing of laser diodes to OEM-based optical sub-systems and turnkey laser systems. Modulight owns and operates a semiconductor fab in Tampere, Finland and has fully owned subsidiary Modulight USA located in San Jose, California.

Contact information

Modulight, Inc.
Anca Guina
Manager, Product Promotion
Tel: +358 20 743 9000
Fax: +358 20 743 9009