OCP Founders Depart

OCP announced the resignations of Company founders Dr. Muoi Van Tran and Susie L. Nemeti effective December 31, 2006

December 14, 2006

1 Min Read

WOODLAND HILLS, Calif. -- Optical Communication Products, Inc. (NASDAQ GMS: OCPI), a leading manufacturer of fiber optic components, today announced the resignations of Company founders Dr. Muoi Van Tran and Susie L. Nemeti effective December 31, 2006.

Dr. Tran, Chairman and Chief Technology Officer, was appointed to his current position in July 2006 and has been a Director of the Board since 1992. Dr. Tran served as OCP's President from September 1994 to July 2006, and Chief Executive Officer from March 1999 to July 2006. Senior Vice President of Corporate Development Susie Nemeti was appointed to her current position in May 2006. Ms. Nemeti served as OCP's Chief Financial Officer since the Company's inception. Dr. Tran will continue to serve as Chairman of the Board of Directors, and both Dr. Tran and Ms. Nemeti will be available to assist in consulting roles as the Company executes its operational transition during fiscal 2007. Mohammad Ghorbanali, Chief Operating Officer and a co-founder of the Company, departed from OCP in October and also continues to provide certain consulting services.

President and Chief Executive Officer Philip F. Otto stated, "We wish to express our deep gratitude to Dr. Tran, Ms. Nemeti and Mr. Ghorbanali for their innumerable contributions over the years and instrumental involvement in building OCP to what it is today. On behalf of the Board, we wish them every success in their future endeavors."

Optical Communication Products Inc. (OCP) (Nasdaq: OCPI)

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