NeoPhotonics and Azzurri Technology Announce European Channel Distribution Agreement; Action will facilitate introduction of advanced ''integrated optical chip'' technology to OEMs of FTTP, metro and long-haul network equipment

Business Wire, March 2, 2006

SAN JOSE, Calif. & WOKINGHAM, United Kingdom -- NeoPhotonics (OFC/NFOEC booth 1413) and Azzurri Technology Group, a leading provider of specialist solutions and design support services to high technology OEMs, announced today a reseller agreement for optical components, featuring advanced planar lightwave circuit (PLC) and other designs, for FTTP, metro and long-haul equipment.

The products covered by the reseller agreement, which makes Azzurri the leading reseller of high performance PLC-based components in Europe, include arrayed waveguide gratings, variable optical attenuator/multiplexers, power splitters and couplers, video combiners and a range of transceivers including integrated PLC designs. All of these products are designed to reduce certain operational and capital costs for FTTP, metro and long haul network operators.

Azzurri Technology is a well-established company with eight years of experience servicing the telecommunications industry. Azzurri employs a staff of more than 80, of which more than one third are qualified engineers, who provide "value-added" design and integration services to their clients. Together with their superior marketing and sales capability, Azzurri has a proven track record of successfully introducing advanced component technologies to the European market.

"We are excited to be working with NeoPhotonics in Europe and are enthusiastic to be working with their high-quality and full-featured optical module and subassembly products," said Mike Carlucci, Azzurri's Chief Executive Officer. "We will work closely with our OEM customers to understand their needs and the benefits of this cutting-edge technology as it is integrated into their products for maximum effect."

"Azzurri Technology has worked with some of the largest component and semiconductor names in the telecommunications industry. We feel confident that their resources and experience will increase our ability to serve customers with leading edge solutions while increasing rapidly our market share in Europe," said Tim Jenks, President and CEO of NeoPhotonics. "With this action we are taking our commitment to innovation and technology leadership in optical components to a truly global level, given our current momentum in Asia and North America."

About Azzurri

Azzurri Technology is a provider of specialist solutions to high technology OEMs, assisting its customers with the design-in of complex semiconductors and provision of complete system level solutions. With operations throughout Europe, Azzurri offer applications and design support services through their technical sales engineers, applications specialists and regional design centres. Azzurri has rapidly gained an excellent reputation for providing its customers and suppliers comprehensive levels of service and is considered to be one of Europe's fastest growing technical distribution groups.

www.azzurri.com

About NeoPhotonics

NeoPhotonics Corporation is a leading developer and manufacturer of advanced integrated optical modules and subsystems designed to improve the performance and lower the costs associated with backbone and access optical networks. They are at the forefront of the long sought-after integration of active and passive components enabled by state-of-the-art integration, nanomaterials and nanoscale design and fabrication technologies. Backed by leading venture capital firms and institutional investors, NeoPhotonics maintains headquarters in San Jose, California and ISO 9001:2000 certified engineering and manufacturing facilities in San Jose and Shenzhen, China.

www.neophotonics.com