21st April 2009

New Company Announcement

It is our pleasure to announce the formation of a new company, The Optoelectronics Company Ltd. The company will specialise in the distribution of innovative optoelectronic devices, initially offering visible/ IR VCSEL's  and GaAs pin photo diodes from Korean manufacturer Optowell Co., Ltd.

With a proven track record in the photonics industry, having taken their previous venture from a start-up to a company with annual sales in excess of £5M and twice  awarded the Queens Awards for Enterprise, the former founders of Photonic Products Ltd look forward achieving similar success with The Optoelectronics Company Ltd.

"This is a very exciting new venture for Damon Cookman and myself. Current global economic conditions will ensure the first 12-18 months will be very challenging but we are confident that there remains a strong market for innovative optoelectronic products." stated Managing Director Tony Pope.

The firms headquarters are based in Henham rural Hertfordshire from where it will distribute products worldwide.

For more information visit www.oe-company.com or contact either Tony Pope or Damon Cookman on +44 (0)1279 210211

For further information regarding this announcement please contact Tony Pope on +44 (0)1279 210211