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ProPhotonix and OCLARO Sign Distribution Agreement

Date Announced: 28 Mar 2013

OCLARO High-Power Laser Products Added to ProPhotonix Range.

SALEM, N.H., March 28, 2013 (GLOBE NEWSWIRE) -- ProPhotonix Limited (PPIX.L) (PPIR.L) (OTC:STKR.PK), a designer and manufacturer of LED illumination systems, laser diode modules and a laser diode distributor, announces that it will distribute OCLARO's line of high-power lasers in North America and Europe, effective immediately.

OCLARO's High Power Lasers complement ProPhotonix's low power laser diodes and laser modules in established markets such as Medical, Defense and Security, and Instrumentation. The new products will also enable ProPhotonix to address a wider set of applications including materials, processing and printing. ProPhotonix is already a major distributor of OCLARO's Visible and Near IR laser diodes.

OCLARO has one of the industry's largest portfolio and technology capabilities for industrial and consumer markets. It manufactures high power lasers with multiple packaging options. The addition of these solutions will offer ProPhotonix customers a comprehensive solution set for their applications and enable the Company to grow revenues in markets hereto unavailable with its existing products.

Commenting on the distribution agreement, Mark W. Blodgett, Chairman and CEO of ProPhotonix said "this new product line gives our customers the opportunity to work with one vendor on their critical applications, which has significant cost and time saving implications. We are already widely known for our engineering expertise, manufacturing and support within the laser and LED community. Adding these high powered laser products to our distribution channels extends the number of customers able to leverage those resources."

Blodgett continued, "ProPhotonix continues to build a strong reputation as a world leader in innovative laser and LED solutions. Strengthening our partnership with OCLARO not only extends that position, but also gives our customers the benefit of OCLARO's extensive experience in laser manufacturing and fibre optic coupling. Customers can now take advantage of both our strengths."

Gunnar Stolze, Vice President, OCLARO, Global Sales Industrial & Consumer, stated "we are pleased to be expanding our business relationship with ProPhotonix. Given their recent expansion of technical sales teams in both the US and Europe, ProPhotonix is well positioned to increase sales of our product portfolio for industrial and consumer markets, including high power laser devices."

Source: Oclaro/ProPhotonix

Contact

ProPhotonix Limited
Mark W. Blodgett, CEO
Tel: 603-870-8215

E-mail: via web site

Web Site: www.prophotonix.com

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