Inphi and NeoPhotonics Announce Collaboration Focusing on Next-Generation Optical Modules for 100G Systems

Companies Work to Accelerate Mass Transition to Highly Integrated, Power Efficient 100GbE Optical Solutions for Cloud and Data Center Applications

SANTA CLARA, Calif., January 31, 2012 – Inphi Corporation (NYSE: IPHI), a leading provider of high-speed analog semiconductor solutions for the communications and computing markets, today announced its collaboration with NeoPhotonics (NYSE:NPTN) to facilitate and accelerate deployments of next-generation 100G optical solutions for high density data center and cloud computing as well as 100G transport applications. Inphi will offer its portfolio of 100G TIA and 100GbE iPHY™ solutions, which include PHY and Clock Data Recovery (CDR) chipsets along with its transimpedance amplifiers (TIAs), for NeoPhotonics to utilize in its 100G optical product developments. The mixed signal semiconductor devices offered by Inphi are designed to provide NeoPhotonics higher performance and lower power consumption for the next generation of the optical modules and subsystems for high-speed transport and client-side applications.

Based on its patented iPHY architecture, Inphi recently announced the availability of its industry leading low power CMOS PHY and CDR solutions for 100GbE alongside the availability of its industry leading high-performance 100GbE TIA (see press announcements here). Inphi’s CMOS PHYs and CDRs offer a substantial savings in power – 3x less than currently available offerings – in a 2x reduced area footprint, while improving reliability without sacrificing performance.

NeoPhotonics Corporation is a leading designer and manufacturer of photonic integrated circuit, or PIC, based modules and subsystems for bandwidth-intensive, high speed communications networks. An industry pioneer in PIC-based modules and subsystems, NeoPhotonics leverages its in-depth industry experience and technology expertise in photonic integration to develop and design next-generation 100G optical solutions.

“We continue to demonstrate our commitment to the ultra-high speed segment of the optical market by working with industry leaders like Inphi to offer high speed products for transport, cloud and data center applications,” said Tim Jenks, Chairman and CEO of NeoPhotonics. “Our next-generation 100G optical solutions can benefit from Inphi’s technology leadership position in the 100G market and help us deliver high levels of performance and low power consumption for our PIC-based product portfolio.”

“We are excited to cooperate with NeoPhotonics to accelerate the deployment of power and area efficient, cost optimized 100G products for cloud and enterprise data centers as well as for transport applications,” said Young K. Sohn, President and CEO of Inphi. “Inphi remains uniquely positioned to deliver a platform level 100GbE solution with its portfolio of CMOS PHY ICs and high-performance PMD products, which will allow for faster deployment of next-generation 100GbE optical solutions in enterprise, data center and service provider networks.”

Cost-effective, energy-efficient 100GbE links will soon become essential tools for data center and service provider networks, which are struggling to satisfy the global economy’s relentless hunger for more bandwidth. With service providers and data centers demanding technology with low power consumption, Inphi’s iPHY CMOS PHY solutions and NeoPhotonics PIC-based modules and sub-systems are designed to provide easy upgrades to 100GbE networks while retaining a lower carbon footprint.

About Inphi
Inphi Corporation is a leading provider of high-speed analog semiconductor solutions for the communications and computing markets, providing high signal integrity at leading-edge data speeds that are designed to address bandwidth bottlenecks in networks, minimize latency in computing environments and enable the rollout of next generation communications infrastructure. Inphi’s solutions provide a vital interface between analog signals and digital information in high-performance systems, such as telecommunications transport systems, enterprise networking equipment, enterprise and data center servers, storage platforms, test and measurement equipment and military systems. To learn more about Inphi, visit www.inphi.com.

About NeoPhotonics
NeoPhotonics is a leading designer and manufacturer of photonic integrated circuit, or PIC, based modules and subsystems for bandwidth-intensive, high-speed communications networks. The company’s products enable cost-effective, high-speed data transmission and efficient allocation of bandwidth over communications networks. NeoPhotonics maintains headquarters in San Jose, California and ISO 9001:2000 certified engineering and manufacturing facilities in Silicon Valley (USA) and Shenzhen, China. NeoPhotonics has been included in the Russell 3000® Index since its reconstitution in June 2011. For additional information, visit www.neophotonics.com.

Cautionary Note Concerning Forward-Looking Statements
Statements in the press release regarding Inphi Corporation, which are not historical facts, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward looking statements may be identified by terms such as believe, expect, may, will, provide, could, and should, and the negative of these terms or other similar expressions. These statements, including statements relating to the features and functionality of our products, potential power savings, our growth, future success for various products, the demand for our solutions and our ability to enable the rollout of next-generation products. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially from those anticipated as a result of various factors, including: the Company’s ability to sustain profitable operations due to its history of losses and accumulated deficit; dependence on a limited number of customers for a substantial portion of revenue and lack of long-term purchase commitments from our customers; product defects; risk related to intellectual property matters, lengthy sales cycle and competitive selection process; lengthy and expensive qualification process; ability to develop new or enhanced products in a timely manner; market development of and demand for the Company’s products, reliance on third parties to manufacture, assemble and test products; ability to compete and other risks inherent in fabless semiconductor businesses. For a discussion of these and other related risks, please refer to Inphi Corporation’s recent SEC filings, including its proxy statement, annual report and SEC Forms 10-K, 10-Q and 8-K for the past year, which are available on the SEC’s website at www.sec.gov. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date thereof. Inphi Corporation undertakes no obligation to update forward-looking statements for any reason, except as required by law, even as new information becomes available or other events occur in the future.


Inphi, the Inphi logo and Think fast are registered trademarks of Inphi Corporation. iPHY is a trademark of Inphi Corporation. NeoPhotonics and the NeoPhotonics red dot logo are trademarks of NeoPhotonics Corporation. All other trademarks used herein are the property of their respective owners.