NeoPhotonics Announces CFO Departure

NeoPhotonics Corporation (NYSE: NPTN), a leading designer and manufacturer of advanced hybrid photonic integrated optoelectronic modules and subsystems for bandwidth-intensive, high-speed communications networks, today announced that Ray Wallin, Chief Financial Officer, will resign from his position effective May 15, 2017 and will remain as a consultant to the Company for a three-month transition period. Mr. Wallin has served as the CFO of NeoPhotonics since December 2013.

"We thank Ray for the contributions he made to NeoPhotonics over the last three years," said Tim Jenks, President and Chief Executive Officer of NeoPhotonics. "Leveraging his expertise, Ray played an important role in building a strong finance organization and has added to the strength of the Company’s financial position. We wish him all the best in his future endeavors,” concluded Jenks.

“I am proud of the accomplishments the team has made over the last three years including the build-out of our global finance organization. It has been a privilege to work with the talented and committed individuals at NeoPhotonics,” said Ray Wallin, departing CFO.

The Company has retained an executive search firm to identify a successor CFO.

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.

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Sapphire Investor Relations, LLCErica Mannion, [phone]Investor [e-mail]