FUSION OPTIX INVESTS IN PRODUCTION
EQUIPMENT AND CLEANROOMS TO MEET
INCREASING OEM DEMAND
Leading Developer and Supplier of Components and System
Solutions for Energy Efficient LED Lighting Further Expands
Capabilities.
WOBURN MA - SEPTEMBER 25, 2011 Fusion Optix announced today that it has
completed a major upgrade to its in-house capabilities at its Woburn MA
headquarters. The company is also embarking upon a new hiring program for
technical and commercial personnel. Fusion Optix has expanded several
processes to produce new products based upon the company’s CORE™ platform
of innovations. The new equipment and clean rooms are fully operational and
Fusion Optix has already begun sampling production ready products to OEM
customers.
The upgrades are focused primarily on the company’s line of Energy Saving Optics™, which includes complete ranges of light diffusers, light guides, light shapers and light reflectors. Michael Demas, Director of Operations comments, “The new capabilities at our facility in Woburn, MA will result in a significant increase in production capacity and reduction in turnaround times. The investment also supports our continuing push for tighter tolerances on product performance and quality. Our Energy Saving Optics™ line includes some of the most efficient light management products in the world, produced to the tightest industry tolerances. We believe we can extend this performance and quality advantage and value to our customers”.
In addition Dr Terence Yeo, Chief Executive Officer adds, “We are particularly pleased with the on-going performance of the company and take considerable pride from the fact that the installation of new equipment and cleanrooms has been funded entirely by cash flows from operations. Fusion Optix has experienced strong and sustained growth and we believe this is due to our industry leading product performance and strong focus on quality and customer service. We hope this investment sends a positive signal that we intend to do whatever we can to keep pushing performance and energy savings. We are already drawing up plans to expand capabilities further in the near future.” About Fusion Optix
Fusion Optix is focused on contributing to the world's energy problems by
reducing energy wastage in optical systems and driving adoption of new energy
efficient light sources, such as the light emitting diode (LED). Our patented
innovations cover materials, components and system solutions and can be found in products used every day in business, industry or the home, as well as
demanding scientific, medical, military and aerospace applications. Our company
headquarters in Woburn MA also houses our main manufacturing capabilities
and the technology and engineering team within the optixlab™. We are privately
held company with international investors that include Goldman Sachs and
Prudence Capital. Our customers include some of the world’s most recognizable
brands.
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