Oslo, 12. January 2010. Ignis ASA, an international provider of optical
components, today announced that they have been awarded a significant order from
a major fiber optic transmission equipment manufacturer, for delivery of tunable
laser chips over a period of 18 months. The order value is USD 5.5 million and
delivery will start immediately.



This is the first larger order from the equipment manufacturer following the
supply agreement signed fall 2009 for delivery of tunable laser chips over a
period of 5 years. Being preferred supplier to this world-leading manufacturer
is a great recognition of Ignis' tunable laser technology and proves Ignis as a
highly competitive provider of active optical components in the international
telecom market.



- This is a major milestone for Ignis Syntune and strongly supports our strategy
of adding the tunable laser chips to our existing component business. There are
very few providers of this technology in the world and we know our world-class
chips are among the best laser technologies available in the market. We are very
excited about working together with this customer, and this is just the
beginning of a long-term relationship, says Patrik Evaldsson, CEO at Ignis
Syntune.



The fiber optical component manufacturer provides industry-leading active and
passive optical products for enterprise networking and telecom, delivering to
all major international telecom markets.



Optical components markets are expected to grow from $3.8 billion in 2008 to
$11.3 billion by 2015.  Ignis entered into the tunable laser product segment
through the acquisition of Syntune AB spring 2009. Ignis strategy is to supply
tunable laser chip to leading international subsystem manufacturers in the
telecom business.



About Ignis
Ignis ASA is an international technology company delivering active and passive
optical components for cost effective transportation of data. Ignis ASA
comprises of three subsidiaries including 69.3% ownership in Ignis Fira in
Korea, the wholly owned Ignis Photonyx in Denmark and Ignis Syntune in Sweden.
Ignis Fira is first and foremost provider of optical splitters to large system
houses and telecom operators in Asia, while Ignis Photonyx over the last years
has been focusing on investing in the development of AWG`s for the next
generation high-capacity broadband network WDM-PON. Ignis Syntune supplies
state-of-the-art widely tunable lasers for applications ranging from fiber-optic
communications to sensor systems. Ignis ASA is headquartered in Oslo Norway and
is listed on Oslo Stock Exchange (OSE: IGNIS).



For further information please contact:

Patrik Evaldsson

Ignis Syntune

Chief Executive Officer

Tel: +46 8 588 86503

Mail: patrik.evaldsson@syntune.com 



Thomas Ramm
Ignis ASA
Chief Executive Officer
Tel: +47 913 70 795
Mail: thomas.ramm@ignis.com


This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


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