News and Events

Fiberoptic Components receives ISO9001:2000 & ISO13485:2003 Certifications

Axia Capital Partners leads Buy-out of Fiberoptic Components, Inc.

Fiberoptic Components LLC receives FDA registration

Fiberoptic Components begins effort to achieve 13485 GMP qualification

Fiberoptic Components receives ISO9001:2000 & ISO13485:2003 Certifications

Sterling, MA: Fiberoptic Components, LLC is pleased to announce that its Sterling, MA USA manufacturing facility has received certification from the National Standards Authority of Ireland (NSAI) for ISO9001:2000 Quality Management System and ISO13485:2003 Medical Device Regulations. Lawrence Kosiba, President of Fiberoptic Components LLC indicated that "Fiberoptic Components continues to follow its strategic initiatives by further demonstrating its team is committed to providing the highest quality product available in the multiple Fiberoptic device markets it serves. These certifications are continuing examples of our commitment."

About Fiberoptic Components, LLC
Fiberoptic Components designs and manufacturs high precision, highly reliable Fiberoptic light guides, probes and accessories to OEMs in the industrial and medical markets.

Axia Capital Partners leads Buy-out of Fiberoptic Components, Inc.

February, 2006

Burlington, MA., Axia Partners today announced that it led a $3.6 million buy-out of Fiberoptic Components, Inc. (FCI) and formed a new company, Fiberoptic Components, LLC.(FOC)

The core competency of the company is drawing precision glass fibers and providing value-added services by packaging glass, quartz and plastic Fiber optic lightguides and assemblies in a variety of custom, typically non-coherent configurations. FOC's customer base integrates these Fiber optic components into their products for such applications as photo-electric controls, optical readers, scanners, robotics, microscope illumination, endoscopes and boroscopes for industrial and medical applications. Orthopedic surgical applications continue to be a major growth segment due to new minimally invasive surgical techniques in knee, hip and spine surgery, and the growing number of baby boomers requiring such surgical procedures. The company's success has been primarily driven by its uncompromising quality and customer service to its OEM customers around the world.

In conjunction with the buy-out, one of the founding members of FOC, Bob Palo, will continue to be an integral part of the company's management team.

"Axia is looking forward to working with the management team and employees of Fiberoptic Components LLC to take a very reputable and stable business and significantly grow the company" stated Peter A. Hunter, Managing Director of Axia Partners. "We have identified a number of industrial and medical markets that can provide the company with outstanding growth in the coming years."

"We are pleased to be partnering with Axia Partners", commented Bob Palo. "Axia's general partners' hands on knowledge of our business and the markets we serve will undoubtedly add significant value to our company."

About Axia Partners
Axia Partners ( www.axia-partners.com ) is a private equity investment and advisory firm that is dedicated to increasing the equity value of our portfolio companies and clients through active participation that leverages the operational experience and in-depth market knowledge of our General Partners.

About Fiberoptic Components, LLC
Fiberoptic Components LLC designs and manufacturer high precision, highly reliable fiber optic light guides and accessories to OEMs in the industrial and medical markets.

Fiberoptic Components LLC receives FDA registration

March, 2006

Sterling, MA: Fiberoptic Components, LLC is pleased to announce that its Sterling, MA USA facility has been registered by the Food and Drug Administration as a medical device manufacturing establishment. Peter A. Hunter, Chairman of Fiberoptic Components indicated that "Fiberoptic Components is committed to providing the highest quality product available in the medical device markets it serves. Our registration with the FDA in one example of our commitment."

About Fiberoptic Components, LLC
Fiberoptic Components, LLC designs and manufacturer high precision, highly reliable fiber optic light guides, probes and accessories to OEMs in the industrial and medical markets.

Fiberoptic Components begins effort to achieve 13485 GMP qualification

September, 2006

Sterling, MA: Fiberoptic Components, LLC is pleased to announce that it is seeking ISO 13485, Good Manufacturing Practices (GMP) at its Sterling, MA USA facility. Peter A. Hunter, Chairman of Fiberoptic Components LLC indicated that "Fiberoptic Components LLC is committed to providing the highest quality products for its medical OEM customers throughout the world. Seeking ISO 13485 further supports our commitment to quality for our medical OEMs." The company anticipates seeking ISO 13485 registration in early to mid 2007.

About Fiberoptic Components, LLC
FiberOptic Components, LLC designs and manufactures high precision, highly reliable fiber optic light guides, probes and accessories to OEMs in the industrial and medical markets.