AFOP Announces Transfer Back to NASDAQ Global Market Effectively on April 2nd, 2014
April 02 2014 - 7:30AM
Alliance Fiber Optic Products, Inc. (Nasdaq:AFOP), an innovative
supplier of fiber optic components, subsystems, and integrated
modules for the optical network equipment market, today announced
that its listing will be transferred back to NASDAQ Global Market
from NASDAQ Capital Market on April 2nd, 2014. Its shares of common
stock will trade under the same symbol "AFOP" on The NASDAQ Global
Market effectively on April 2nd, 2014.
About AFOP
Founded 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,
data center, metropolitan and last mile access segments of the
communications network. AFOP offers a broad product line of passive
optical components including interconnect systems, splitters, thin
film CWDM and DWDM components and modules, and 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.
Except for the historical information contained herein, the
matters set forth in this press release, including statements as to
our expectations regarding future revenue levels and the time
periods thereof, our business prospects, and demand for our
products and sources of demand, 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
general economic conditions and trends, trends in demand for
bandwidth, the impact of competitive products and pricing, timely
introduction of new technologies, timely design acceptance by our
customers, the acceptance of new products and technologies by our
customers, customer demand for our products, the timing of customer
orders, loss of key customers, our ability to ramp new products
into volume production, the mix of products sold and product
pricing, the costs associated with running our operations,
industry-wide shifts in supply and demand for optical components
and modules, industry overcapacity and demand for bandwidth, the
success of cost control initiatives, our ability to obtain and
maintain operational efficiencies, financial stability in foreign
markets, and other risks detailed from time to time in our SEC
reports, including AFOP's annual report on Form 10-K for the year
ended December 31, 2013. 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.
CONTACT: Alliance Fiber Optic Products, Inc.
Keting Lin, IR Associate
408-736-6900 x188
Email: klin@afop.com
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