PITTSBURGH, Nov. 13, 2013 (GLOBE NEWSWIRE) -- II-VI Laser Enterprise GmbH, a subsidiary of II-VI Incorporated (Nasdaq: IIVI ) and a global leader in semiconductor lasers, announced today that it has shipped from its Zurich, Switzerland facility its 200 millionth Vertical Cavity Surface Emitting Laser (VCSEL) since 2008. This is another milestone achievement confirming the Company's position as the world leading volume supplier of VCSELs to many consumer electronics applications such as optical finger navigation, laser computer mouse, and active optical cables.
The optical characteristics of VCSELs such as low beam divergence, small wavelength shift over temperature, narrow spectral line width and high speed modulation properties make them the ideal light sources for advanced sensing, communication and illumination applications in mobile devices. Furthermore, VCSELs can be produced cost-competitively by utilizing high throughput wafer scale manufacturing and testing processes.
II-VI Laser Enterprise's expertise is to unite design excellence with a long standing, and field proven, reliability track record and the manufacturing control to provide the required combination of performance, reliability and cost advantages to demanding high volume markets.
High Power VCSELs
In addition, II-VI Laser Enterprise announces the addition of high power VCSELs to complement its product portfolio geared at high volume consumer electronics markets. The Company is sampling high power VCSELs for sensing and illumination applications. The single die lasers emit more than 10mW at 850nm. Furthermore, the replication of the same die on a 2D-array is enabling to reach up to 2W optical power at 850nm for illumination of larger volumes that can be required in sensing applications such as in time-of-flight.
About II-VI Laser Enterprise GmbH
II-VI Laser Enterprise GmbH is a leading provider of 980nm single mode pumps, high power laser diode and VCSEL solutions. II-VI Laser Enterprise GmbH is a wholly-owned subsidiary of II-VI Incorporated (Nasdaq: IIVI ) headquartered in Zurich, Switzerland with design centers in Tucson (USA) and Paignton, (UK). The company is serving a variety of markets with its semiconductor laser solutions such as pumping, medical, printing, telecommunication and consumer electronics.
About II-VI Incorporated
II-VI Incorporated, a global leader in engineered materials and opto-electronic components, is a vertically-integrated manufacturing company that creates and markets products for diversified markets including industrial manufacturing, optical communications, military and aerospace, high-power electronics, semiconductor laser and thermoelectronics applications. Headquartered in Saxonburg, Pennsylvania, with manufacturing, sales, and distribution facilities worldwide, the Company produces numerous crystalline compounds including zinc selenide for infrared laser optics, silicon carbide for high-power electronic and microwave applications, and bismuth telluride for thermoelectric coolers.
In the Company's infrared optics business, II-VI Infrared manufactures optical and opto-electronic components for industrial laser and thermal imaging systems and HIGHYAG Lasertechnologie GmbH (HIGHYAG) manufactures fiber-delivered beam delivery systems and processing tools for industrial lasers.
In the Company's near-infrared optics business, Photop Technologies, Inc. (Photop) manufactures crystal materials, optics, microchip lasers and opto-electronic modules for use in optical communication networks and other diverse consumer and commercial applications. Photop Aegis, Inc. (Aegis) manufactures tunable optical devices required for high speed optical networks that provide the bandwidth expansion necessary for increasing internet traffic. Through its Australian subsidiary, Photop AOFR Pty Limited, Aegis also manufactures fused fiber components, including those required for fiber lasers for material processing applications, as well as optical couplers used primarily in the optical communication industry.
In the Company's military & materials business, LightWorks Optical Systems, Inc. (formerly Exotic Electro-Optics and LightWorks Optics, Inc.) manufactures products for military applications and precision optical systems, and components for defense, aerospace, industrial and life science applications. Pacific Rare Specialty Metals & Chemicals (PRM) produces and refines a rare earth element and selenium, Max Levy Autograph, Inc. (MLA) manufactures micro-fine conductive mesh patterns for optical, mechanical and ceramic components for applications such as circuitry, metrology standards, targeting calibration and suppression of electro-magnetic interference. VLOC manufactures near-infrared and visible light products for military applications and laser gain materials and products for solid-state YAG and YLF lasers.
In the Company's advanced products group, the Wide Bandgap Materials (WBG) group manufactures and markets single crystal silicon carbide substrates for use in the solid-state lighting, wireless infrastructure, RF electronics and power switching industries. Marlow Industries, Inc. (Marlow) designs and manufactures thermoelectric cooling and power generation solutions for use in defense, space, photonics, telecommunications, medical, consumer and industrial markets. Worldwide Materials Group (WMG) provides expertise in materials development, process development and manufacturing scale up. M Cubed Technologies, Inc. (M Cubed) develops and markets advanced composite materials serving the semiconductor, display, industrial and defense markets.
In the Company's active optical products segment, II-VI Laser Enterprise GmbH is an industry-leading manufacturer of high-power semiconductor laser components enabling fiber and direct diode laser systems for material processing, medical, consumer and printing applications. In addition, II-VI Laser Enterprise manufactures pump lasers for optical amplifiers for both terrestrial and submarine applications and vertical cavity surface emitting lasers (VCSELs) for optical navigation, optical interconnects and optical sensing applications. II-VI Network Solutions Division is an industry leading manufacturer of customized solutions providing customers with end-to-end design and manufacturing support to enable rapid realization of customer-specific amplification and micro-optics solutions.
Forward-looking Statements
This press release contains forward-looking statements based on certain assumptions and contingencies that involve risks and uncertainties. The forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and relate to the Company's performance on a going-forward basis. The forward-looking statements in this press release involve risks and uncertainties, which could cause actual results, performance or trends to differ materially from those expressed in the forward-looking statements herein or in previous disclosures. The Company believes that all forward-looking statements made by it have a reasonable basis, but there can be no assurance that management's expectations, beliefs or projections as expressed in the forward-looking statements will actually occur or prove to be correct. In addition to general industry and global economic conditions, factors that could cause actual results to differ materially from those discussed in the forward-looking statements in this press release include, but are not limited to: (i) the failure of any one or more of the assumptions stated above to prove to be correct; (ii) the risks relating to forward-looking statements and other "Risk Factors" discussed in the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2013; (iii) the purchasing patterns from customers and end-users; (iv) the timely release of new products, and acceptance of such new products by the market; (v) the introduction of new products by competitors and other competitive responses; (vi) the Company's ability to devise and execute strategies to respond to market conditions; and/or (vii) the Company's ability to assimilate recently acquired businesses, and risks, costs and uncertainties associated with such acquisitions. The Company disclaims any obligation to update information contained in these forward-looking statements whether as a result of new information, future events or developments, or otherwise.
II-VI Incorporated Craig A. Creaturo Chief Financial Officer and Treasurer (724) 352-4455 Homepage: www.ii-vi.com
