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December 21, 2007
CARLSBAD, Calif., Dec. 18 -- Luxtera Inc., the world leader in CMOS Photonics, today announced it was named the winner of the 2007 CONNECT Most Innovative New Product (MIP) Award in the Communication Technology and Hardware category. Having recently won the AeA High Tech Award, this is the second honor for Luxtera this quarter, positioning the company as a recognized leader for technology innovation.
Celebrating its 20th year, the CONNECT MIP Awards recognize companies that contribute to economic development in the greater San Diego area. All finalists were judged for the vision, exemplary technical innovation, and perseverance that transform ideas and technologies into commercial products.
Selected from numerous cutting-edge companies, Luxtera distinguished itself from the competition due to its ability to successfully overcome the complex technical obstacles involved with integrating high-performance optics directly with silicon electronics on a monolithic CMOS chip. The result is the ability to bring direct "fiber-to-the-chip" connectivity enabling low cost optical transceiver products targeted for the communications and consumer markets.
"Luxtera is an example of the high-caliber companies that fill the San Diego area," said Duane Roth, CEO of CONNECT. "We are proud to honor Luxtera for leading the way with its innovations and bringing to market the world's first CMOS Photonics product, years ahead of the closest competition. This is the spirit of innovation that drives product development and is exactly what we look to recognize with the MIP award."
"This is the second award Luxtera has received for its innovation and contribution to the Southern California region," said Marek Tlalka, vice president of marketing for Luxtera. "To be recognized by CONNECT, and previously by the AeA, is an honor -- and one that acknowledges remarkable technological breakthroughs achieved by our team."
CONNECT is a globally recognized business accelerator dedicated to creating and sustaining the growth of innovative technology and life sciences businesses in San Diego. Since 1985, CONNECT has assisted in the formation and development of over 1,250 companies and is widely regarded as the nation's most successful regional program linking inventors and entrepreneurs with the resources they need for success. For more information, visit www.connect.org.
Luxtera, Inc. is a fabless semiconductor company and the world leader in silicon photonics. Luxtera fulfills the world's insatiable demand for bandwidth by uniting the high performance of fiber-optic communications with the low-cost and high-volume manufacturing advantages of mainstream silicon CMOS fabrication. The company was founded in 2001 by a team of industry-renowned researchers and technology managers drawn from the communication and semiconductors industries. Luxtera is funded by leading venture capitalists: Sevin Rosen Funds, August Capital, and New Enterprise Associates. Luxtera just announced its first commercial product based on its CMOS Photonics technology, Blazar, and will begin shipping later this year. Luxtera is headquartered in Carlsbad, Calif. More information on Luxtera can be found on the company's Web site: www.luxtera.com.
Source: Luxtera, Inc.
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