Alliance Fiber Optic Products, Inc. to Maintain Listing on Nasdaq SmallCap Market
Posted on: Friday, 25 July 2003, 06:00 CDT
SUNNYVALE, Calif.--(BUSINESS WIRE)--July 25, 2003--Alliance Fiber Optic Products, Inc. (Nasdaq:AFOP), an innovative supplier of fiber optic components, subsystems and integrated modules for the optical network equipment market, today announced that it has regained compliance with the continued listing requirements of The Nasdaq SmallCap Market.
By letter dated July 23, 2003, the Company received notification from Nasdaq that the Company had regained compliance with the minimum bid requirement for continued listing on The Nasdaq SmallCap Market because the closing bid price of the Company's common stock had been at $1.00 per share or greater for at least 10 days consecutive trading days.
About AFOP
Founded in 1995, Alliance Fiber Optic Products, Inc. designs, manufactures and markets a broad range of high performance fiber optic components and integrated modules. AFOP's products are used by leading and emerging communications equipment manufacturers to deliver optical networking systems to the long-haul, enterprise, metropolitan and last mile access segments of the communications network. AFOP offers a broad product line of passive optical components including interconnect systems, couplers and splitters, thin film DWDM components and modules, fixed and variable optical attenuators, and depolarizers. AFOP is headquartered in Sunnyvale, Calif., with manufacturing and product development capabilities in the United States, Taiwan and China. AFOP's website is located at http://www.afop.com.
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