EM4 Teams With Newport

BURLINGTON, Mass. and IRVINE, Calif. -- EM4Photonics and Newport Corporation (NASDAQ: NEWP) today announced the signingof a letter of intent regarding a strategic agreement to jointly develop andrefine photonics device manufacturing equipment and process solutions, aswell as establishing an equipment supplier relationship between the twoparties.As part of this transaction, EM4 will provide Newport an exclusive licenseto utilize portions of EM4’s proprietary optoelectronic packaging technologyas part of Newport’s automated manufacturing solutions, and Newport willbecome a preferred supplier to EM4 for all test and assembly equipment tosupport their optical manufacturing services (OMS) business.“The combination of Newport’s automation expertise and our manufacturingprocesses and services allows for tremendous advancements in the evolutionof bringing lower cost active optoelectronic devices to the market” saidBasil Garabet, Chief Executive Officer. “This alliance with Newport willallow us to take advantage of the latest automation solutions for highvolume manufacturing while focusing on our core business of providingoptical component and sub-assembly manufacturing services.”EM4 Photonics Inc.Newport Corp.