Billerica, MA - November 6, 2001 - Continuum Photonics, an emerging
innovator in the optical networking market, announced that it has selected
Applied MEMS, Inc. (an Input/Output company), as its strategic partner
in the development and production of Continuum's core MEMS components
for its DirectLight family of photonic switches. DirectLight's
innovative, patent-pending technology offers significant advantages
over competing products in the areas of cost effectiveness, performance,
"This is a significant step in our strategic plan for outsourcing
major components of our switch", noted Aaron Bent, Continuum's
President. "We had several options, including building our own
foundry, as some others have opted to do. After thoroughly evaluating
the alternatives, we came to the clear conclusion that partnering with
Applied MEMS - a proven entity with significant production experience
- was far and away the best choice to produce the core MEMS components
for DirectLight. In working with such a strong partner, we've eliminated
the start-up, financial and production risks we would have otherwise
DirectLight's unique, patent-pending technology and architecture offer
system manufacturers ultra low loss, low cost, very small footprint
and other features that make it an ideal solution for Metropolitan Area
Network (MAN) applications. In addition, the combination of innovative
technology and design will result in higher reliability and durability
than is possible with other optical switch approaches. DirectLight is
scalable and is therefore also appropriate for aggregation and long
Dr. Howard Goldberg, Business Development Manager for Applied MEMS
said, "We are delighted to be working with Continuum Photonics,
a leading-edge technology pioneer." Dr. Goldberg continued, "We
consider this a unique opportunity to help bring a breakthrough technology
to market, while simultaneously furthering our strategy of becoming
the foundry partner of choice for end users of MEMS".
Headquartered within Boston's high-tech beltway, Continuum is dedicated to bringing the highest performance photonic subsystem and system products to its customers. Leveraging commonality across its platform of patented technologies, DirectLight optical switches are the first in a series of products from Continuum aimed at changing the traditional economics of the communications and test industries. Founded in 1998, Continuum brings together a world-class team, and an extensive product history in aerospace, automotive, consumer products, and the military, where Continuum's products have been designed to meet the most demanding requirements. Continuum is supported through investments by Flagship Ventures, Prism Venture Partners, Harris and Harris Group, GE Capital, MTDC, Arcadian Venture Partners, and Gainesborough Investments.
For more information, please visit www.continuumphotonics.com
Applied MEMS, Inc., a wholly-owned subsidiary of Input/Output, Inc. (NYSE: IO), has operated a 35,000 sq. ft. MEMS manufacturing facility in Stafford, TX since 1997, that includes a world-class, high-volume, automated six-inch wafer fabrication facility; a custom packaging facility; and test/characterization capabilities that are dedicated to MEMS product development and production. Applied MEMS employs more than 25 MEMS professionals experienced in the design, fabrication, packaging and testing of MEMS products and systems. Over 22 patents have either been issued to Applied MEMS or are pending, covering key MEMS product designs and manufacturing process elements. Applied MEMS offers integrated foundry services for fabless MEMS product vendors; the Si-Flexä product line, which represents the lowest-noise commercial MEMS accelerometer currently available; and the DuraScanä micro-mirror technology for beam positioning, optical switching, and display applications.
For more information, please visit www.appliedmems.com
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For Continuum Photonics, Inc.
Aaron A. Bent, PhD
Continuum Photonics, Inc.