Alliance Fiber Optic Products, Inc. (Nasdaq:AFOP), an innovative supplier of fiber optic components, subsystems, and integrated modules for the optical network equipment market, has been selected by Forbes as one of the “100 Best Small Companies in America.”
AFOP is ranked among the best 100 small businesses in this year’s annual listing based on earnings growth, sales growth, and return on equity over the past 12 months and over the past 5 years. The full list can viewed at http://www.forbes.com/best-small-companies/list.
“Being recognized by Forbes as one of the 100 Best Small Companies in America is an honor and a testament to the efforts of our employees who have played a key role in helping AFOP achieve 22 consecutive quarters of profitability,” said AFOP President and CEO, Peter Chang. “Adherence to our core values will ensure our long term success. We are especially thankful to our customers and proud that we have met their needs and been recognized on this list.”
About AFOPFounded in 1995, Alliance Fiber Optic Products, Inc. designs, manufactures and markets a broad range of high performance fiber optic components and integrated modules. AFOP's products are used by leading and emerging communications equipment manufacturers to deliver optical networking systems to the long-haul, enterprise, metropolitan and last mile access segments of the communications network. AFOP’s product line of passive optical components includes interconnect systems, couplers and splitters, thin film DWDM components and modules, fixed and variable optical attenuators. AFOP is headquartered in Sunnyvale, California, with manufacturing and product development capabilities in the United States, Taiwan and China. AFOP's website is located at http://www.afop.com. Forward-looking Statements Except for the historical information contained herein, the matters set forth in this press release, including statements as to the expected availability, features and benefits of AFOP's products, are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including, but not limited to, manufacturing difficulties, possibly delays in the release of other products, the impact of competitive products, and other risks detailed from time to time in AFOP's SEC reports, including its Quarterly Report on Form 10-Q for the period ended September 30, 2011. These forward-looking statements speak only as of the date hereof. AFOP disclaims any intention or obligation to update or revise any forward-looking statements.