AFOP Declares Two-for-One Stock Split

AFOP Declares Two-for-One Stock Split

SUNNYVALE, Calif., Aug. 15, 2013 (GLOBE NEWSWIRE) -- 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 that its Board of Directors approved a
two-for-one stock split of the Company's Common Stock in the form of a 100%
common stock dividend. Shareholders of record as of the close of business on
August 30, 2013 will receive one additional share of AFOP common stock for
each share then owned. Shares issued pursuant to the stock split will be
issued on September 16, 2013.

Peter Chang, President and Chief Executive Officer, commented, "Today's stock
split demonstrates our Company's commitment to building value for our
shareholders and our confidence in the fundamentals and growth potential of
both our business and the optical communication industry. In addition, the
split is intended to further improve our liquidity and to make our shares more
accessible to institutional and individual shareholders."

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 communications network. AFOP offers a broad product line of passive
optical components including interconnect systems, couplers and splitters,
thin film CWDM and DWDM components and modules, optical attenuators, and
micro-optics devices. AFOP is headquartered in Sunnyvale, California, with
manufacturing and product development capabilities in the United States,
Taiwan and China. AFOP's website is located at http://www.afop.com.

Except for the historical information contained herein, the matters set forth
in this press release, including statements as to our expectations regarding
the expected benefit of the stock dividend, future revenue levels, profits and
margins and the time periods thereof, our operational excellence, its impact
on margins, and our ability to sustain the same, and our expectations
regarding customer demand, are forward looking statements within the meaning
of the "safe harbor" provisions of the Private Securities Litigation Reform
Act of 1995. These forward-looking statements are subject to risks and
uncertainties that may cause actual results to differ materially, including,
but not limited to general economic conditions and trends, trends in demand
for bandwidth, the impact of competitive products and pricing, timely
introduction of new technologies, timely design acceptance by our customers,
the acceptance of new products and technologies by our customers, customer
demand for our products, the timing of customer orders, loss of key customers,
our ability to ramp new products into volume production, the mix of products
sold and product pricing, the costs associated with running our operations,
industry-wide shifts in supply and demand for optical components and modules,
industry overcapacity and demand for bandwidth, the success of cost control
initiatives, our ability to obtain and maintain operational efficiencies,
financial stability in foreign markets, and other risks detailed from time to
time in our SEC reports, including AFOP's quarterly report on Form 10-Q for
the quarter ended June 30, 2013. These forward-looking statements speak only
as of the date hereof. AFOP disclaims any intention or obligation to update or
revise any forward-looking statements.

CONTACT: Anita Ho
         Acting Chief Financial Officer
         Alliance Fiber Optic Products, Inc.
         Phone: 408-736-6900 x168

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