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Aegis Lightwave Merges With Photop Technologies

Aegis Lightwave and Photop Technologies, both subsidiary companies of II-VI Incorporated (NASDAQ: IIVI), today announced that they have merged under the Photop brand identity. Aegis Lightwave, Inc., based in Woburn, MA, U.S.A. will now operate as Photop Aegis Inc. Its subsidiary AOFR Pty Limited, based in Canberra, Australia has been renamed Photop AOFR Pty Limited.

The merger will allow the affiliates to better serve an expanding and global customer base with coordinated sales, marketing, applications engineering and product development activities using the companies’ combined resources and complementary expertise. The joint product portfolio of the combined companies will be presented as one Photop product portfolio with each product carrying the same brand identity.

“We are excited about the ability to leverage Photop’s strong brand identity to accelerate the sales of our market leading optical channel monitors and fused fiber devices in the global market,” said Chris Koeppen, General Manager, Photop Aegis.

“We look forward to partnering with Aegis and AOFR to further develop our product portfolios and market penetration worldwide where Photop is rapidly becoming a leading player of Optical Components & Photonic Products dedicated to the markets of Communications, Industrial Applications and Life Sciences,” said John Ling, CEO of Photop Technologies.

Photop Technologies became a subsidiary of II-VI in 2010, and Aegis Lightwave became a subsidiary of II-VI in 2011. Photop Aegis and Photop AOFR have transferred their main manufacturing operations to Photop Technologies at the extensive facilities in Fuzhou, China. Based on the joint manufacturing and integrated operations, the companies were able to complete a full merger efficiently and with less impact to its customer base. As a consolidated brand, Photop will be able to provide its customers a seamless experience across a broad portfolio of products, with increasing levels of customer service and responsiveness to enable the business development and sales growth.

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