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Greenstone Leads Investment in JGKB Photonics, a UBC Spin-Out

Business in Vancouver - Mar 06, 2001

Greenstone Venture Partners, Dow Chemical Corp., and others provided seed funding of $1.5M into JGKB Photonics today. The money will be used to support product commercialization and business development. Additionally, Brent Holliday of Greenstone will join the Board of Directors of JGKB Photonics.

Future optical networking systems are being designed for ever higher transmission speeds to meet bandwidth demand", said Alan Guest, CEO and President of JGKB Photonics. "JGKB's technology enables deployment of higher speed systems, at 40Gb/s and beyond, through the use of a low power, high performance modulator technology using Gallium Arsenide or Indium Phosphide materials."

JGKB Photonics is a unique optical networking startup with a focus on the high growth modulator component market. The Mode Converter technology developed by JGKB Photonics, advances the state of the art in terms of performance, power requirements and reliability and represents a fundamentally new approach.

"We are excited to have this caliber of investors join our team", added Guest. "The level of interest attests to the market significance of JGKB Photonics solutions and the quality of our team and technology.