Woburn, MA – August 23, 2013 – Fusion Optix, Inc. (www.fusionoptix.com) today celebrated 10 years since it was founded on August 23rd 2003. In the decade since its inception, Fusion Optix has grown to serve over 400 customers in over 30 countries worldwide and has received awards for both growth and innovation. Driven by a desire to add real value to its customers with unique products and services, the company has received 40 patents that cover its CORE Platform™ of innovations and has more than 60 patents pending.
Speaking about the milestone, Dr. Terence Yeo, Fusion Optix’s Founder and CEO comments,
“When the journey with the company was started 10 years ago it seemed like such a distant goal. At times it has been extremely challenging but the company has stuck to the task and grown. This milestone is a tremendous achievement shared by our employees, partners and all our customers.”
In addition Dr. Yeo adds,
“The markets we serve are incredibly fast moving and competitive. Our customers expect us to increase our capabilities and offer continuing innovations and new products. We are very grateful therefore for the strong support and encouragement we have received from our shareholders and also the State of Massachusetts. We feel extremely confident in our plan and abilities to deliver having recently completed a significant expansion in our capabilities and in-house manufacturing equipment. This would not have been possible without their support.”
About Fusion Optix
Fusion Optix’s 10 year record of accomplishments as a leading, and trusted, supplier of enabling technologies and solutions to OEMs and product companies the world over. Fusion Optix is focused on technologies that reduce energy consumption and improve light control in markets such as lighting, displays, signage and solar energy. The value of “enabled by Fusion Optix” based upon 3 key value propositions of design leadership, performance and high quality manufacturing. Our patented CORE™ platform of innovations covers materials, components and new product designs. Our customers include some of the world’s most recognizable brands and we are inside products used every day in business, industry and the home, as well as demanding scientific, medical, military and aerospace applications. Our company headquarters are in Woburn MA. We are a privately held company with international investors that include Goldman Sachs and Prudence Capital. Fusion Optix was recently recognized as one of the Top100 technology companies in the Americas by Red Herring.