Advanced Photonix, Inc. Receives $5.3M Order

Advanced Photonix, Inc. API, announced today that a leading OEM telecom systems provider selected API's subsidiary Picometrix, LLC to supply its 100 gigabit per second (Gb/s) high-speed optical receiver, the CR-100A, for long haul communications. The annual commitment is estimated at more than $5.3 million with volume shipments beginning in the company's fiscal 4th quarter starting January 2011. Along with the commitment for the 100 Gb/s, which is a new design, the systems provider also renewed its commitment to purchase $1.7M of the company's existing 40 Gb/s design to be delivered over the next calendar year, bringing the customer's total spend in 2011 to $7 million.