ProPhotonix and OCLARO Sign Distribution Agreement

ProPhotonix and OCLARO Sign Distribution Agreement

OCLARO High-Power Laser Products Added to ProPhotonix Range

SALEM, N.H., March 28, 2013 (GLOBE NEWSWIRE) -- ProPhotonix Limited (LSE:PPIX)
(LSE:PPIR) (OTC:STKR.PK), a designer and manufacturer of LED illumination
systems, laser diode modules and a laser diode distributor, announces that it
will distribute OCLARO's line of high-power lasers in North America and
Europe, effective immediately.

OCLARO's High Power Lasers complement ProPhotonix's low power laser diodes and
laser modules in established markets such as Medical, Defense and Security,
and Instrumentation. The new products will also enable ProPhotonix to address
a wider set of applications including materials, processing and printing.
ProPhotonix is already a major distributor of OCLARO's Visible and Near IR
laser diodes.

OCLARO has one of the industry's largest portfolio and technology capabilities
for industrial and consumer markets. It manufactures high power lasers with
multiple packaging options. The addition of these solutions will offer
ProPhotonix customers a comprehensive solution set for their applications and
enable the Company to grow revenues in markets hereto unavailable with its
existing products.

Commenting on the distribution agreement, Mark W. Blodgett, Chairman and CEO
of ProPhotonix said "this new product line gives our customers the opportunity
to work with one vendor on their critical applications, which has significant
cost and time saving implications. We are already widely known for our
engineering expertise, manufacturing and support within the laser and LED
community. Adding these high powered laser products to our distribution
channels extends the number of customers able to leverage those resources."

Blodgett continued, "ProPhotonix continues to build a strong reputation as a
world leader in innovative laser and LED solutions. Strengthening our
partnership with OCLARO not only extends that position, but also gives our
customers the benefit of OCLARO's extensive experience in laser manufacturing
and fibre optic coupling. Customers can now take advantage of both our
strengths."

Gunnar Stolze, Vice President, OCLARO, Global Sales Industrial & Consumer,
stated "we are pleased to be expanding our business relationship with
ProPhotonix. Given their recent expansion of technical sales teams in both the
US and Europe, ProPhotonix is well positioned to increase sales of our product
portfolio for industrial and consumer markets, including high power laser
devices."

About ProPhotonix

ProPhotonix Limited, headquartered in Salem, New Hampshire, is an independent
designer and manufacturer of diode-based laser modules and LED systems for
industry leading OEMs and medical equipment companies. In addition, the
Company distributes premium diodes for Opnext, QSI, Ondax, Sanyo and Sony. The
Company serves a wide range of markets including the machine vision,
industrial inspection, defense, sensors, and medical markets. ProPhotonix has
offices and subsidiaries in the U.S., U.K. and Ireland. For more information
about ProPhotonix and its innovative products, visit the Company's web site at
www.prophotonix.com.

About Oclaro

Oclaro, Inc. (Nasdaq:OCLR) is one of the largest providers of lasers and
optical components, modules and subsystems for the optical communications,
industrial and consumer laser markets. The company is a global leader
dedicated to photonics innovation, with cutting-edge research and development
(R&D) and chip fabrication facilities in the U.S., U.K., Italy, Switzerland,
Israel, Korea and Japan. It has in-house and contract manufacturing sites
inChina,MalaysiaandThailand, with design, sales and service organizations
in most of the major regions around the world. For more information,
visithttp://www.oclaro.com.

CONTACT: ProPhotonix Limited
         Mark W. Blodgett, CEO
         Tel: 603-870-8215
        
         N+1 Singer (Nominated Adviser and Broker)
         Andrew Craig/Ben Wright
         Tel: +44 207 496 3000