Exotic Electro-Optics and LightWorks Optics Merge Operations; New Company Renamed LightWorks Optical Systems

  Exotic Electro-Optics and LightWorks Optics Merge Operations; New Company
  Renamed LightWorks Optical Systems

Business Wire

MURRIETA, Calif. -- April 30, 2013

Exotic Electro-Optics, Inc. (EEO) and LightWorks Optics, Inc. (LWO) today
announced the companies have merged operations and are now operating under the
name LightWorks Optical Systems, Inc. A subsidiary of II-VI Incorporated,
LightWorks Optical Systems is a leading provider of high precision integrated
optical systems and infrared optics, coatings and assemblies. Headquartered in
Murrieta, the company will continue to operate from the Murrieta and Tustin,
California facilities.

LightWorks Optical Systems combines the award-winning design, engineering and
production capabilities of both former companies. As the leading supplier of
infrared optics, coatings and assemblies, Exotic Electro-Optics’ provided core
manufacturing technologies including crystal growth, optical fabrication, thin
film coating production and complex assemblies. LightWorks Optics was known as
a leading provider of advanced optical systems and assemblies, with expertise
in the engineering design, manufacture, assembly and testing of complete
optical solutions. The newly merged company can now better meet the complex
optical needs of customers in the medical, defense, aerospace and commercial
industries.

Daniel Barber, chief scientist of LightWorks Optical Systems, commented,
“LWO’s expertise in the engineering design and manufacturing of complete
optical subsystems is a logical market extension for EEO. The optical systems
created by LWO involve engineering and manufacturing expertise similar to
those possessed by EEO, and will extend the range of solutions the combined
companies offer to the marketplace. Together we can provide substantial value
to our current customers as well as to the growing commercial markets for
precision optical assemblies.”

“We are excited about the future of our company and look forward to an even
stronger leadership position in the markets we serve,” said Andrew Riser,
general manager at LightWorks Optical Systems. “Combining our operational and
technical talents has accelerated our ability to expand into new markets.”

About LightWorks Optical Systems

LightWorks Optical Systems, Inc. is a leading provider of high precision
integrated optical systems and infrared optics, coatings and assemblies.  The
company’s award-winning design, engineering and production capabilities are
meeting the complex optical needs of customers in the medical, defense,
aerospace and commercial industries.  The photonics applications may be
diverse, but all products share a common focus on rapid development, excellent
value and high performance. LightWorks Optical Systems is AS9011/ISO-9001 and
ISO 1345:2003 Registered. For more information about LightWorks Optical
Systems, please call 714-247-7175 or visit our new website at
www.lwopticalsystems.com.

Contact:

LightWorks Optical Systems
Katherine Mansfield, 714-247-7175
kmansfield@lwoptics.com