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Press Releases Firecomms opens new Offices in North America and Asia Leading Compound Semiconductor Company Expands Operations CORK, Ireland, January 4, 2006 Firecomms Ltd., a leading compound semiconductor company that develops high-speed light sources in visible range wavelengths, is pleased to announce the opening of new regional offices in the U.S. and Japan. "This expansion into North America and Asia reflects our continued success and commitment to our customers in these regions," says Firecomms CEO Declan O'Mahoney. "This move enables us to enhance support of our numerous multi-national customers." The Firecomms North America office, located in Houston, will provide sales and application support to customers developing products based on Firecomm's light sources in the Americas. North America Business Manager Lawrence Thorne will direct operations from this office. Niall Keegan, Firecomms' general manager of Asia Pacific, will manage operations from the Firecomms Japan office which is located in Yokohama. Sales and field application engineersin this office will be responsible for handling sales and applications support to customers throughout Asia. About Firecomms: Firecomms is a compound semiconductor company, develops high-speed light sources in visible range wavelengths. Firecomms' lasers and LEDs provide the groundwork that will revolutionize optical data communications for small area networks, such as in-car networks and home networks. Firecomms' low power visible lasers unleash the potential for advances in medical devices, barcode scanners, and optical storage devices. About Atlantic Bridge Ventures: Atlantic Bridge Ventures is a new pan European fund with offices in Dublin and London focused on making early and mid stage technology investments in semiconductors and software across Europe with a strong focus on a US exit model. Atlantic Bridge is comprised of a cohesive, dedicated team of experienced professionals who are committed to the success of the investee companies. All of our team members come from an industry background and have first hand experience of the challenges involved in growing technology companies from the startup stage into profitable businesses. Many of these companies have had successful exits either on the public markets or through trade sale. Atlantic Bridge is regulated by the FSA. — ENDS —
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