Opnext VP Receives Ichimura Industrial Award

Renowned Technology Development Foundation Recognizes Opnext for 10Gbit/s Leadership

TOKYO--()--Opnext, Inc. (NASDAQ:OPXT), a global leader in state-of-the-art laser technology, is pleased to announce that the Technology Development Foundation of Tokyo has awarded Atsushi Takai, vice president of marketing, Opnext Japan, Inc., with the 40th annual Ichimura Industrial Award for his work with 10Gbit/s devices and transceivers. Also recognized were Shigehisa Tanaka and Shinji Tsuji from Hitachi, Ltd., Central Research Laboratory. The presentation of the award will be held on Friday, April 25th at the Hotel Okura, Tokyo, Japan.

This is a great honor to receive this most prestigious award, remarked Atsushi Takai, vice president of marketing, Opnext Japan, Inc. Being at Opnext has offered me an exciting opportunity to work with world class researchers on projects of great consequence to the development of 10Gbit technologies.

All of the recipients of this award work every day to advance current broadband technologies, Kei Oki, president of Opnext Japan, Inc. said. Their work reminds us of the importance of continued investment in technology and the need for increased emphasis on basic research for corporations.

The New Technology Development Foundation works to create a common place for humankind through the recognition of universal values which contribute to society. The organization, which was established by Mr. Kiyoshi Ichimura, of the Ricoh Sanai Group, aims to contribute to the economic and social development in Japan, as well as, the improvement of peoples lives. The Foundation works to create the infrastructure of a new technological society based on the motto of San-ai Seishin (threefold love), namely love of people, love of the country and love of labor.

Mr. Takais award-winning 10Gbit/s work is a result of collaboration between Opnext and Hitachi, Ltd.s Central Research Laboratory. Since 2000, the two companies have worked together in a long-term, continuous partnership to advance optical devices and transmission technology.

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About Opnext

From the latest communications networks to new security systems, and from major advances in medical systems to high-demand consumer electronics, Opnext (NASDAQ: OPXT) laser technologies add the spark of innovation to a world of new applications. The companys industry expertise, future-focused thinking and commitment to research and development combine in bringing to market solutions that are ready for the next generation of laser-based products. Formed out of Hitachi, Opnext has built on more than 30 years experience of advanced technology to establish its broad portfolio of solutions and solid reputation for excellence in service. For additional information, visit www.opnext.com.

Contacts

Opnext, Inc.
Rebecca B. Andersen, 732-544-3338
RAndersen@opnext.com
or
WilkinsonShein Communications
Keira Shein, 410-363-9494
keira@wilkinsonshein.com

Contacts

Opnext, Inc.
Rebecca B. Andersen, 732-544-3338
RAndersen@opnext.com
or
WilkinsonShein Communications
Keira Shein, 410-363-9494
keira@wilkinsonshein.com