March 2, 2011

Proximion Doubles Production Capacity to Meet Record Demand

Supports trajectory of 5 consecutive years of exponential sales growth


Kista, Sweden, Proximion AB, a world-class provider of Fiber Bragg Grating (FBG) based products, today announced it opened new production facilities in Kista, Sweden. Having already achieved a 50 percent capacity increase in Q4 2010, the company continues to build momentum with another 50 percent increase expected during the first half of 2011. The new facilities enable Proximion to reduce production costs and more efficiently use labor resources. Proximion can now schedule delivery times more precisely, thereby decreasing lead times by nearly 75 percent.

The new facilities were added to support the record demand for its DCM products as evidenced by five years of doubling sales year-over-year.

Last year brought tremendous growth for Proximion as we served a customer list that included eight of the top 10 telecom system vendors
in the world, compared with four the previous year
— Stefan Ekman, CEO

Instead of running at full capacity, which taxes the machines, Proximion plans to operate at 80 percent capacity by Q2, 2011.

When the new machines are fully installed we will deliver products with decreased lead times and increased efficiency. We are already seeing the effects of the firstproduction lines.
— Tobias Persson, VP Marketing & Sales
As networks continue to push the limits of bandwidth, customers are facing new obstacles when it comes to dispersion. By staying a step ahead of these advancements, Proximion is adapting and evolving its product line to provide state-of-the-art dispersion handling products. In the coming years, we expect to expand our product lines even further to meet strong customer demand. These new facilities will aid in this expansion.
— Stefan Ekman, CEO

Since 2003, Proximion has shipped dispersion compensation products that are based on Fiber Bragg Gratings (FBGs) technology. These DCMs offer low loss, reduced latency, and no nonlinear effects as compared with alternate technology, while simultaneously reducing cost. The company is the only manufacturer of FBG-based continuous band (CB) devices, which
provide full undisrupted compensation throughout the C band, thus providing total channel plan and modulation format independence. Proximion also develops and sells channelized DCMs, patch-cord DCMs, high dispersion products, Residual Dispersion Slope Compensators, and optical layer monitoring products.

About Proximion AB
Proximion AB is a world-class provider of optical modules and sub-systems based on Fiber Bragg Grating (FBG) technology. By combining these unique optical devices with the truly innovative skills of our team, Proximion contributes to our customers’ and partners’ success in a variety of markets.

As an example, Proximion today holds the market’s widest FBG-based portfolio of Dispersion Compensation Modules (DCM). The portfolio ranges from single channel modules to complex continuous band modules which are used to eliminate the residual dispersion in Submarine Networks or to enable powerful and cost effective dispersion compensation in coherent systems.

Proximion has pioneered the design, manufacturing, and application of advanced FBGs. Proximion’s unique and patented method enables manufacturing of FBGs with virtually any filter characteristics. Proximion is a privately held company headquartered in Kista, Sweden.

Media Contact:
Lynda Starr, Vantage Communications for Proximion
Phone: +1 973 386 5949

Stefan Ekman, CEO, Proximion
Phone: +46 70 319 75 35

Tobias Persson, VP Marketing & Sales, Proximion
Phone: +46 70 887 44 01