EMCORE Introduces High-Definition Video Transport Platform to the Professional Audio/Visual Marketplace
ALBUQUERQUE, NM -- (MARKET WIRE) -- 06/08/10 -- EMCORE Corporation (NASDAQ: EMKR), a leading provider of compound semiconductor-based components, subsystems and systems for the fiber optics and solar power markets, is introducing the openGear terminal equipment platform to the Professional Audio/Visual market, marked by the ground-breaking release of the first ultra high-resolution video fiber optic transport solution designed for openGear.
The convergence of the Broadcast Communication & Professional Audio/Visual markets has created significant opportunities over the past few years for EMCORE to leverage its existing product portfolio in new ways, yielding many new projects around the globe. Through the openGear partnership, the professional audio/visual community will now be able to deploy proven technologies with a standardized open platform approach. The Professional Information Communications & A/V Systems marketplace is estimated to be a $75 billion dollar industry annually, and experiences a consistent year-over-year growth, making it an excellent match for EMCORE.
EMCORE's new DVI / VGA / Component video transport solution is designed to address multiple audio/visual market verticals including Digital Signage, Airport/Mass Transit Display Systems, Command & Control Centers, Medical Video Conferencing and other applications that require high-resolution digital video, audio & data signals to be transported over long or short distances. Features include VESA & SMPTE standards compliant video resolutions, Stereo Audio Inputs and USB Keyboard/Mouse connectivity. This makes the OPG-1DVI a versatile system that be easily adapted to fit almost any application where remote KVM connectivity is required.
"At NAB 2010 this year, we announced our partnership with openGear as well as introduced several new products for the Broadcast Equipment market. We're applying our expertise and taking it to the next level by introducing new fiber solutions to the Professional Audio/Visual marketplace. This enables us to harness the innovative features and capabilities that our fiber optic technology is known for," said Henok Tafese, Director of Business Development for EMCORE's Fiber Optic Video business unit.
EMCORE will have these products as well as more, on display for live demonstrations at InfoComm 2010, June 9-11 in Las Vegas, NV. Please visit us at Booth N1569 at the Las Vegas Convention Center. To get FREE access to the Exhibition, please visit www.opticomm.com and click on the InfoComm FREE REGISTRATION link on the homepage.
About EMCORE:
EMCORE Corporation is a leading provider of compound semiconductor-based components and subsystems for the broadband, fiber optic, satellite and terrestrial solar power markets. EMCORE's Fiber Optics segment offers optical components, subsystems, and systems that enable the transmission of video, voice, and data over high-capacity fiber optic cables for high-speed data and telecommunications, cable television (CATV), and fiber-to-the-premises (FTTP) networks. EMCORE's Solar Photovoltaics segment provides solar products for satellite and terrestrial applications. For space and satellite applications, EMCORE offers high-efficiency compound semiconductor-based gallium arsenide (GaAs) solar cells, covered interconnect cells, and fully integrated solar panels. For terrestrial applications, EMCORE offers concentrating photovoltaic (CPV) systems for utility scale solar applications as well as offering its high-efficiency GaAs solar cells and CPV components for use in solar power concentrator systems. For specific information about our company, our products, or the markets we serve, please visit our websites at www.emcore.com and http//www.opticomm.com.
Safe Harbor:
Statements in this press release that are not historical facts, and the assumptions underlying such statements, constitute "forward-looking statements" and assumptions underlying "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and involve a number of risks and uncertainties, including (a) the failure of the products mentioned (i) to perform as expected without material defects, (ii) to be manufactured at acceptable volumes, yields, and cost, and (iii) to be successful under field conditions, (b) the failure of the products to be selected by prospective customers for large-scale deployment and (c) the ability of the Company's customers to achieve their own business goals and objectives. Readers should also review the risk factors set forth in EMCORE's Annual Report on Form 10-K for the fiscal year ended September 30, 2009. These forward-looking statements are made as of the date hereof, and EMCORE does not assume any obligation to update these statements.
<b>Contact: </b>EMCORE Corporation Silvia M. Gentile Executive Offices (505) 323-3417 info@emcore.com TTC Group Victor Allgeier (646) 290-6400 vic@ttcominc.com
Released June 8, 2010