Scottsdale, Arizona 5/22/2008 10:49:42 AM
News / Finance

QualityStocks.net News – Finisar Corp. (FNSR) achieves Industry-Record Milestone with the Shipment of its 250,000th Optical Receiver Shipment

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We would like to highlight Finisar Corp. (Nasdaq: FNSR). The company is the premier one-stop service solution for technical organizations that sell to U.S. government agencies, military organizations, and prime federal contractors. We use our contract management expertise and powerful technology solutions to enable organizations to more effectively manage sales, marketing and procurement -- which lowers costs, saves time and reduces risks.

 

In the Company’s recent news,

 

Finisar Corp. (Nasdaq: FNSR) announced the shipment of its 250,000th SFP+ optical receiver from its 8G and 10G product lines, a remarkable achievement in its 12 months of customer shipments, reaffirming the company’s top position in the optical communication market.

 

“Finisar’s milestone shipment is a testament to their ability to understand customers’ needs as well as master critical manufacturing processes necessary to meet heavy volume demands,” Dr. Vladimir Kozlov, principal analyst at LightCounting stated in the press release. “We believe this achievement by Finisar indicates the steady growth in the industry we have been predicting over the last several years. We expect this trend to continue as fiber becomes the media of choice for delivering broadband services.”

 

The company’s SFP+ product portfolio includes transceivers targeted for 8 Gbps Fibre Channel and 10 Gbps Ethernet applications, allowing the company to cater to the demand for datacom networking equipment. The SFP+’s small size and lower power requirements allow higher port count densities, providing a standard mechanical outline that guarantees the consistency of components.

 

“Meeting the demands of the larger-scale, virtualized data center requires the highest levels of performance and connectivity,” Mario Blandini, director of Product Marketing for Brocade’s Data Center Infrastructure Division stated. “As part of Brocade’s end to end, switch to backbone family of 8Gbit/sec switching platforms, Fibre Channel SFP+ transceivers from Finisar help to deliver the connectivity and performance that Brocade customers expect for their data centers.”

 

“Finisar continues to exceed expectations through our dedication to understanding customers’ needs and by leading innovation efforts throughout the optical industry,” Joe Young, general manager of Optics at Finisar stated. “Being able to support high-volume demand combined with our broad product range, vertical integration, and competitive pricing is a cornerstone of our market leadership and success.”

 

Finisar has positioned itself as an industry leader with its optic components, network testing and monitoring systems, enabling high-speed data communications for networking and storage over Ethernet Local Area Networks (LANs), Fibre Channel Storage Area Networks (SANs), and Metropolitan Area Networks (MANs) using Fibre Channel, IP, SAS, SATA and SONET/SDH protocols.

 

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.