Modulight Corp., Press Release, 26 January 2023, at 11.55 p.m. EEST

PALO ALTO, CALIFORNIA & TAMPERE, FINLAND, 26TH JANUARY 2023 – Modulight Corp., a biomedical & semiconductor laser manufacturer, is expanding sales in Europe through a distribution partnership with Laser 2000, a pan European solutions provider for lasers and photonics since 1986. The exclusive partnership with Laser 2000 brings Modulight’s products available to customers in Germany, Austria, Switzerland, and France. Laser 2000 customers include several of the biggest technology companies in Europe.

The expectation is that this collaboration with Laser 2000 will open significant sales opportunities for Modulight’s laser technology, as the local market representation provides better exposure in the biophotonics & life science, quantum, sensing, and other markets. As Laser 2000 is known as a solution provider, this cooperation enables them to offer scalable and tailored solutions according to the customer's needs, even custom electronics can be integrated.

“We are excited to start working with Laser 2000. While our direct sales focuses on the US market, we are constantly looking for great distributor partnerships to enable indirect sales in Europe and Asia. Laser 2000 is a very well recognized European Photonics distributor and solutions provider with solid reputation in the markets. During their 40 years of history, they have created deep customer relationships with several of the largest European companies and Fortune 500 companies. This partnership enables Modulight to have better access to these customers and many more. We are really excited on the new opportunities that this partnership brings to Modulight’s solutions to these customers with the help of Laser 2000”, says Seppo Orsila, Founder and CEO of Modulight Corp.

“We have been looking for a vertically integrated laser company to broaden our laser solutions portfolio, and Modulight’s unique laser technology offering fits our needs perfectly. Our customers are increasingly seeking for comprehensive tailored solutions and subsystems from Laser 2000, for launching their new products faster to market and to improve their supply chain security. With Modulight’s offering around life sciences and other high value applications, we can better serve these global customers of ours. We are launching sales of Modulight’s products during the first quarter in2023 and are expecting great growth from these key European markets and customers”, says Andreas Börner, CEO of Laser 2000.

For further information, please contact:
CEO: Seppo Orsila, m. +358 40 830 4671
IR: Ulla Haapanen m. +358 40 830 4676
Email: ir@modulight.com

Certified Adviser: Danske Bank A/S, Finland Branch, m. +358 40 414 5358

www.modulight.com
Twitter: @modulight, @orsila

About Laser 2000:

Since 1986, Laser 2000 is the leading solution provider and distributor in the field of photonics throughout Europe. Laser 2000 offers their customers a comprehensive service from consulting to individual solutions and support their international partners in developing the European market.
www.laser2000.com

About Modulight:

Modulight Corporation is a biomedical laser company that designs and manufactures products for oncology, ophthalmology and genetics. The company also provides solutions for selected high value-add applications including quantum computing and digital press. The company’s products include medical devices, subsystems, software, cloud services and specialized semiconductors. Modulight's products are used worldwide by many Fortune 500 companies, international pharmaceutical companies, and well-known cancer centers and universities. Modulight was founded in 2000 and is headquartered in Tampere, Finland.

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