Opnext, Inc. (OPI) is a designer and manufacturer of subsystems, optical modules, and components that enable high speed telecommunications and data communications networks globally. Optical modules and components transmit and receive data delivered via light in telecom, data communication, industrial and commercial applications. Its transceiver modules, which typically utilize its lasers and detectors, convert signals between electrical and optical for transmitting and receiving data over fiber optic networks, a critical function in optical communications equipment. The Company’s subsystems and custom designs, which utilize its transmission and photonics know how, optimize performance for transport networks. On January 9, 2009, the Company completed the acquisition of its StrataLight Communications, Inc.