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Press Release Issued By Alliance Fiber Optic Products, Inc Contact: Alliance Fiber Optic Products, Inc. Keting Lin, IR Associate

The following excerpt is from the company's SEC filing.

408-736-6900 x288


AFOP Announces Preliminary First Quarter 2016 Revenues

Sunnyvale, CA April 7, 2016 - Alliance Fiber Optic Products, Inc. (NASDAQ: AFOP), an innovative supplier of fiber optic components, subsystems and integrated modules for the optical network equipment market, today announced preliminary first quarter 2016 revenues of approximately $12.4 million, which is lower than previously announce guidance. As announced earlier today, AFOP also confirmed that it has entered into a definitive merger agreement under which Corning Incorporated (NYSE:GLW) wi ll make an all-cash tender offer to acquire all of the outstanding shares of AFOP.

Additional information regarding full first quarter 2016 results will be disclosed in AFOPs Quarterly Report on Form10-Q for the quarter ended March 31, 2016.

About AFOP

Founded in 1995, Alliance Fiber Optic Products, Inc. designs, manufactures and markets a broad range of high performance fiber optic components and integrated modules. AFOP 's products are used by leading and emerging communications equipment manufacturers to deliver optical networking systems to the long-haul, enterprise, metropolitan and last mile access segments of the...