Optical Communication Products Elects Joseph Y. Liu as Non-Executive Chairman

  
    
  
  
    
      Optical Communication Products, Inc.’s 
      (Nasdaq: OCPI) (“OCP”) 
      board of directors today announced that they have elected Joseph Y. Liu 
      as non-executive chairman of the board. Mr. Liu is currently president 
      and chief executive officer of Oplink Communications, Inc. (Nasdaq: 
      OPLK) (“Oplink”) and 
      has been an OCP board member since his appointment on June 19, 2007. Mr. 
      Liu succeeds Dr. Muoi V. Tran, who resigned in June.
    
    
      On June 6, 2007, Oplink completed its purchase of a 58.1% interest in 
      OCP from The Furukawa Electric Co., Ltd., and on June 19 Oplink and OCP 
      signed a definitive merger agreement by which Oplink will acquire OCP’s 
      remaining shares, subject to approval of two-thirds of the outstanding 
      OCP shares not currently held by Oplink.
    
    
      As part of the merger agreement, OCP’s board 
      was expanded to nine members, with the appointments of Joseph Y. Liu, 
      Leonard J. Leblanc, Chieh Chang and Jesse W. Jack, current Oplink board 
      members, and Dr. Robert Shih, an Oplink officer. The other members of 
      the Board are Philip F. Otto, OCP’s president 
      and CEO, and OCP’s independent directors, 
      Hobart Birmingham, Dr. Stewart D. Personick and David Warnes. Oplink and 
      OCP intend that this board composition will remain in effect until the 
      proposed acquisition is completed.
    
    
      This transaction is expected to close in September 2007. Upon completion 
      of the acquisition, OCP will become a privately-held company and wholly 
      owned subsidiary of Oplink, a leading photonic components, intelligent 
      modules, and subsystems solution provider.
    
    
      About Optical Communication Products, Inc.
    
    
      Founded in 1991, OCP designs, manufactures and sells a comprehensive 
      line of fiber optic components for metropolitan, local area and 
      fiber-to-the-home networks. Its global speed-to-market strategy calls 
      for increased international market penetration, fast-paced product 
      development and flexible, turnkey manufacturing capacity. The Company’s 
      product lines include optical transceivers, transmitters and receivers. 
      For more information, visit OCP’s web site at www.OCP-inc.com.
    
    
      Additional Information About the Acquisition of the Remaining Shares 
      of OCP and Where to Find It
    
    
      This communication may be deemed to be solicitation material in respect 
      of the proposed acquisition of the remaining shares of OCP by Oplink. In 
      connection with such proposed acquisition, OCP will file a proxy 
      statement and other materials with the SEC. We 
      urge investors to read the proxy statement and these other materials 
      carefully when they become available because they will contain important 
      information about OCP and the proposed acquisition. Investors 
      will be able to obtain free copies of the proxy statement and white 
      proxy card (when available) as well as other filed documents containing 
      information about OCP at http://www.sec.gov, 
      the SEC's Web site. Free copies of OCP's SEC filings are also available 
      on the investor relations portion of OCP's web site at www.ocp-inc.com.
    
    
      Participants in the Solicitation
    
    
      OCP and its executive officers and directors may be deemed, under SEC 
      rules, to be participants in the solicitation of proxies from OCP 
      shareholders with respect to the proposed acquisition of the remaining 
      shares of OCP. Information regarding the officers and directors of OCP 
      is set forth in OCP's Proxy Statement on Schedule 14A for its 2007 
      Annual Meeting of stockholders, filed with the SEC on December 22, 2006. 
      More detailed information regarding the identity of potential 
      participants, and their direct or indirect interests in the transaction, 
      by securities holdings or otherwise, will be set forth in the proxy 
      statement and other materials to be filed with the SEC in connection 
      with the proposed acquisition.
    
    
      OCP’s Safe Harbor Statement under the 
      Private Securities Litigation Reform Act of 1995
    
    
      This release contains forward-looking statements that involve risks and 
      uncertainties. Actual results may differ materially from the results 
      predicted. Important factors which could cause actual results to differ 
      materially from those expressed or implied in the forward-looking 
      statements include those detailed under “Risk 
      Factors” and elsewhere in filings with the 
      Securities and Exchange Commission made from time to time by OCP, 
      including its periodic filings on Forms 10-K, 10-Q and 8-K. Other 
      factors that could cause our actual results to differ materially from 
      those expressed or implied in the forward-looking statements include (A) 
      factors relating to the Company and the fiber optic communications 
      industry, such as (i) the risk that our customers are unable to reduce 
      their inventory levels in the near-term and (ii) the risk that we are 
      unable to diversify and increase our customer base; (B) factors relating 
      to the acquisition of OCP Asia, such as (i) the possibility that the 
      anticipated benefits from the acquisition cannot be fully realized, (ii) 
      our ability to successfully integrate the operations of OCP Asia with 
      those of OCP, and the possibility that costs or difficulties related to 
      the integration will be greater than expected, (iii) our ability to 
      implement future business and acquisition strategies, and (iv) our 
      ability to retain personnel of OCP Asia; (C) factors relating to our 
      manufacturing contract with SAE Magnetics, such as the possibility that 
      the expected benefits from that contract will not be fully realized or 
      will be delayed; (D) factors relating to doing business in Taiwan and 
      The People’s Republic of China, such as, but 
      not limited to (i) risks relating to political and diplomatic issues 
      between Taiwan and The People’s Republic of 
      China, (ii) difficulty of managing global operations, including staffing 
      and managing foreign operations, (iii) differing labor regulations, and 
      (iv) foreign currency risk; (E) factors relating to Furukawa’s 
      sale of its shares of OCP capital stock; and (F) factors relating to 
      Oplink’s proposal to acquire the publicly 
      held shares of OCP capital stock, including the risk that the 
      acquisition may not be consummated. OCP undertakes no obligation to 
      release publicly any revisions to any forward-looking statements to 
      reflect events or circumstances after the date hereof or to reflect the 
      occurrence of unanticipated events.