[February 28, 2017]

NeoPhotonics Announces Sampling of 8x16 Multi-Cast Switch Modules for Contentionless Networks

NeoPhotonics (News - Alert) Corporation (NYSE: NPTN), a leading designer and manufacturer of optoelectronic solutions for the highest speed communications networks in telecom and datacenter applications, today announced that it has begun sampling a Twin (News - Alert) 8x16 Multicast Switch (MCS) module with an integrated amplifier array for use in high performance colorless-directionless-contentionless (CDC) networks. The 8x16 MCS can drop channels from any of 8 different directions through any of 16 different ports without contention, even if identical wavelengths coming from different directions are dropped at the same time. An optional 17^th port is available for network monitoring and control. The MCS modules also have a "twin" circuit to perform the equivalent add functions. This new MCS joins the NeoPhotonics family of Multicast Switch products, which are available in 4x4 and 4x16 configurations and are currently in volume production.

NeoPhotonics Multicast Switches are designed to be used in a next generation ROADM (News - Alert) node to direct any wavelength to any port (Colorless), accept input wavelength channels from multiple different directions (Directionless), and be able to drop two identical wavelengths from different directions through the same switch (Contentionless), thereby increasing network flexibility and efficiency. Beginning with Verizon (News - Alert) in 2015, network operators are transitioning to a fully CDC architecture in order to eliminate wavelength blocking, increase network utilization, enhance Software Defined Optical Networking and future-proof current deployments. Deployments of CDC networks are expanding worldwide with deployments in Europe and now in China. While enhancing functionality in long haul deployments, this architecture becomes even more critical to cost effective and efficient deployment of Metro and Metro Access mesh networks.

NeoPhotonics new 8x16 series MCS uses our advanced hybrid photonic integration platform to provide cost effective, low loss switching functionality which, when coupled with amplifier arrays, allows for simple integration into existing networks, as well as in new network buildouts. For more information on how Multicast Switches increase network efficiency, please refer to the following blog posts: "How Multicast Switches Work", Part 1 and Part 2, and "Multicast Switches Boost Network Flexibility".

"The 8x16 MCS module represents a significant step in providing CDC switching capability for core metro and long haul networks for carriers worldwide," said Tim Jenks, Chairman and CEO of NeoPhotonics. "These products depend on our advanced hybrid photonic integration capabilities and combine arrays of splitters, switches, taps, monitors and amplifiers integrated together to offer superior performance, reliability and stability, and are scalable to large dimensionalities," continued Mr. Jenks.

This new MCS, along with NeoPhotonics broad suite of products for line and client side 100G and beyond products, will be displayed in Booth #3017 at the OFC Conference and Exhibition in Los Angeles, California, March 21-23, 2017.

About NeoPhotonics

NeoPhotonics is a leading designer and manufacturer of advanced hybrid photonic integrated optoelectronic 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), Japan and China. For additional information visit www.neophotonics.com.

© 2017 NeoPhotonics Corporation. All rights reserved. NeoPhotonics and the red dot logo are trademarks of NeoPhotonics Corporation. All other marks are the property of their respective owners.

Forward Looking Statements

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

This press release includes statements that qualify as forward-looking statements under the Private Securities Litigation Reform Act of 1995, including those related to industry trends and expected demand for Multicast Switches and other high speed network applications. Readers are cautioned that these forward-looking statements involve risks and uncertainties and are only predictions based on the company's current expectations, estimates and projections about their respective industry and business, management's beliefs, and certain assumptions made by the company, all of which are subject to change and which may differ materially from actual future events or results. The actual company results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks, uncertainties and assumptions. Certain risks and uncertainties that could cause the company's results to differ materially from those expressed or implied by such forward-looking statements as well as other risks and uncertainties relating to the company's business, are described more fully in the Company's Annual Report on Form 10-K for the year ended December 31, 2015 as well as in the Company Quarterly Reports on Form 10-Q for the three month periods ended March 31, 2016 and June 30, 2016 and September 30, 2016, filed with the Securities and Exchange Commission.

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