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Van Holland Joins Luxtera as CFO as Silicon CMOS Photonics Company Ramps Up for Rapid Growth and Expansion

New CFO brings post SOX public company experience to drive next phase of growth and expansion: scaling its infrastructure, production and staff

Carlsbad, Calif. – April 30, 2008 – Luxtera Inc., the world leader in Silicon CMOS Photonics, today announced the appointment of Van Holland as Vice President of Finance and Chief Financial Officer. Mr. Holland brings three decades of experience and a proven track record of financial accomplishments and leadership to Luxtera as the company prepares to rapidly expand its business.

Van Holland has over 30 years experience with high-technology companies mostly in the Southern California region. He spent 20 years with Wyle Electronics, a publicly traded semiconductor distributor, most recently serving as CFO. During that period, Mr. Holland guided Wyle’s significant growth to revenues of $1.5 billion, and a tenfold increase in the stock price at the time of its acquisition by VEBA. He then joined Cherokee International as CFO in 1999 and led the company through strategic acquisitions and a successful post SOX IPO in early 2004. For the past two years he served as CFO at Telmar Network Technology, a privately held company with an over $300M annual revenue run-rate where he helped lead a series of key acquisitions. Mr. Holland began his career as an auditor with Arthur Andersen in 1975.

“As Luxtera enters its next phase of growth, we’re pleased to add such a capable and accomplished financial executive to our management team,” said Greg Young, President and CEO. “Van’s unique combination of experiences with rapidly growing technology companies is a great fit with Luxtera and will serve us well in the years ahead.”

“I’m excited to join Luxtera at this stage of the company’s development,” said Van Holland. “The technological achievements by an extraordinarily talented team provide tremendous opportunity to become the market leader. I look forward to working with this experienced team as we build the foundation to drive that growth.”

About Luxtera
Luxtera, Inc. is a fabless semiconductor company and the world leader in Silicon CMOS Photonics. Luxtera fulfills the world’s insatiable demand for bandwidth by uniting the high performance of fiber-optic communications with the low-cost and high-volume manufacturing advantages of mainstream Silicon CMOS fabrication. The company was founded in 2001 by a team of industry-renowned researchers and technology managers drawn from the communication and semiconductor industries. Luxtera is funded by leading venture capitalists: August Capital, New Enterprise Associates and Sevin Rosen Funds. Luxtera just announced its first commercial product based on its CMOS Photonics technology, Blazar, and will begin shipping later this year. Luxtera is headquartered in Carlsbad, CA.

Press Contact:
Catriona Harris
PR@vantage for Luxtera
407-767-0452 x222
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PDF download of this Press Release (and others) available here.