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Thorlabs Acquires Radians Innova AB, Gothenburg, Sweden

Newton, New Jersey, January 22, 2004 - Thorlabs, Inc., a manufacturer of innovative photonics products, announces they have acquired Radians Innova, AB, Gothenburg, Sweden. Radians Innova is a leading OEM provider of modular continuously tunable laser sources for optical telecom, sensing, and spectroscopy applications. The Radians family of products is designed to offer an unmatched combination of features; continuous high speed tuning, wavelength stability, and a rugged industrial package that allows 24/7 operation in the harshest of environments.

Alex Cable, President and CEO of Thorlabs, said of the new acquisition, “The Radians Tunable ECL product line is an ideal complement to our rapidly expanding line of test and measurement equipment. The purchase adds another critical component to our product line. In my recent visits to the Radians facility in Gothenburg, I was impressed with the sophisticated group of professionals - they stand ready to make a large contribution to the Thorlabs portfolio of products.”

Radians Innova, group will remain based in Gothenburg and will serve as the central hub for Thorlabs’ continued expansion within the Nordic countries, as well as the R & D center for the expansion of the tunable ECL product line.

Per Danielsson, President of Radians remarked, “We welcome this new and exciting opportunity to be part of the Thorlabs team. This excitement is in part based on the opportunities available through the broader markets addressed by Thorlabs, as well as the opportunity to collaborate on a broader range of products with the product development teams located in Germany and the USA.”

Thorlabs, Inc. is a broad based optical technologies company. Its product portfolio covers an extensive array of products ranging from simple optical and mechanical components, to integrated test and measurement systems. Thorlabs catalog products are produced in manufacturing centers in the USA, Germany, Japan, and now Sweden. As photonic devices push into new markets, Thorlabs’ plan is to enter early with support equipment and services that are required to ensure the ultimate success of our customers.

Founded in 1989, the company remains privately owned and financed.

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