Opnext to Supply Microvision with Red Laser Diodes for Mobile Pico Projectors

Opnext, Inc. (NASDAQ:OPXT), a global leader in the design and manufacturing of optical modules and components, today announced that the Company has begun shipping its red laser diodes to Microvision for its PicoP® laser projection technology.

With this relationship, Opnext will supply red laser diodes for Microvision’s PicoP display engine. Potential applications for the PicoP technology include ultra-miniature displays for embedded or accessory applications for mobile phones, personal media players, laptops and future wearable display devices.

Laser-based microprojectors have a unique combination of features that are optimal for mobile device users, including infinite focus, rich color, and high contrast and resolution. Opnext’s red laser family of diodes play an important role in this rapidly emerging mobile-display market by providing customers with a visually rich multimedia experience.

“We are very proud that our red lasers developed for the pico projector market have been selected by Microvision, a true leader in the industry,” commented Gilles Bouchard, Opnext President and CEO. “This is a perfect example of how Opnext is driving new and exciting applications through innovation and partnership.”

Alexander Tokman, Microvision CEO stated, “Opnext is a leader in high performance red laser diodes for projection applications and we are pleased to be working with the Opnext team on this exciting endeavor.”

About Opnext

Opnext (NASDAQ:OPXT) is the optical technology partner of choice supplying systems providers and OEMs worldwide with the industry's largest portfolio of 10G and higher next generation optical products and solutions. The Company's industry expertise, future-focused thinking and commitment to research and development combine in bringing to market the most advanced technology to the communications, defense, security and biomedical industries. Formed out of Hitachi, Opnext has built on more than 30 years experience in advanced technology to establish its broad portfolio of solutions and solid reputation for excellence in service and delivering value to its customers. For additional information, visit www.opnext.com.

About Microvision

Microvision provides the PicoP display technology platform designed to enable next-generation display and imaging products for pico projectors, vehicle displays, and wearable displays that interface with mobile devices. The company’s projection display engine uses highly efficient laser light sources which can create vivid images with high contrast and brightness. For more information, visit www.microvision.com.

(OPXT-G)