- 5 June 2006 -

Timothy Franey joins Quintessence Photonics

Quintessence Photonics Corporation, the subsidiary of QPC Lasers, Inc., manufacturer of high brightness, high power semiconductor lasers, announced that Timothy Franey has joined QPCI as Vice President of Manufacturing as of May 1, 2006.

"Tim is a highly regarded laser industry veteran with an enviable and well deserved reputation for operational excellence. We are very pleased to welcome Tim to the QPCI team," stated Jeffrey Ungar, Ph.D., President, Chief Executive Officer and Co-Founder of QPCI.

Mr. Franey brings over 20 years of high tech manufacturing experience to QPCI, including 12 years producing complex laser based products. Tim comes to QPCI from JDSU Corporation where he most recently led the operational integration of JDSU and Lightwave Electronics Corporation, an OEM Manufacturer of Diode Pumped Solid State Laser Products. In the 8 years prior, Mr. Franey was Vice President of Operations and a Corporate Officer at Lightwave, with marquee customers including US, European, and Asian producers of laser-based material processing tools for electronics and semiconductor manufacturing. At Lightwave, Tim had global operational responsibilities for supply chain, IS/IT, quality, production, facilities and manufacturing engineering management.

Prior to Lightwave, Tim directed all operations for 8 years at CXR Corporation, an OEM telecommunications test equipment and transmission products manufacturer with AT&T Labs, Regional Bell Operating Companies, MCI, Sprint and large end user customer base. Prior engineering and management roles include GTE Government Systems, Atari International, Coherent Medical, and Varian Medical & Instrument Divisions. Tim holds both a BSEE and BSIE from the University of Washington and an MBA from Santa Clara University.

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