Light Announces Manufacturing Partnership With Sunny Optical Technology

PALO ALTO, CA--(Marketwired - Jul 2, 2015) -

Core news facts:

• Light today announced a manufacturing partnership with Sunny Optical Technology to bring Light's imaging technology to market.
• Sunny Optical Technology is the global leader in integrated optical manufacturing and optical imaging solutions.
• Light's imaging technology radically reduces the size, cost and weight of advanced optics systems, resulting in high-quality imaging in a smaller form factor.
• With this partnership, Sunny Optical will build and assemble Light's camera modules, which is a core component of the imaging technology.
• Precision manufacturing, including active alignment, of the camera modules is critical in order to produce high-resolution images, without sacrificing the field of focus.
• Active alignment ensures the optical center of the lens barrel aligns with the optical center of the sensor assembly.
• As the global leader in integrated optical manufacturing, Sunny Optical can manufacture and assemble Light's imaging technology at scale.
• Light was co-founded by Dave Grannan (CEO) and Rajiv Laroia (CTO) in 2013.
• Financial terms of the partnership have not been disclosed.
• For more information about Light, please visit www.light.co.

Quotes:

Dave Grannan, CEO and co-founder, Light:
"To provide great imagery, we need to deliver an impeccably produced product. Sunny Optical delivers first-class manufacturing capabilities and the capacity to produce high-quality camera components at a global scale. The camera modules are the principal ingredient in Light's breakthrough technology and we are thrilled to be working with a manufacturing leader like Sunny Optical to make our vision a reality."

David Wang, CEO, Sunny Opotech - a company of Sunny Optical Technology:
"Light's technology brings a new element to the imaging market, and we are excited to work with Dave and the Light team. With our leading imaging and optical expertise, we look to continue to help our partners develop smart and integrated imaging and optical systems."

About Light
Light (http://light.co) is a team of creative technologists on a mission to reimagine the art and science of photography.

About Sunny Optical Technology Ltd.
Sunny Optical Technology (Group) Company Limited (the "Company" or "Sunny Optical", together with its subsidiaries, the "Group") (Stock Code: 2382) is a leading integrated optical components and products manufacturer with thirty years of history in the People's Republic of China (the "PRC" or "China"). The Group is principally engaged in the design, research and development ("R&D"), manufacture and sales of optical and opticalrelated products. Such products include optical components (such as glass spherical and aspherical lenses, plane products, handset lens sets, vehicle lens sets and other various lens sets) ("Optical Components"), optoelectronic products (such as handset camera modules, smart television video modules, three-dimensional ("3D") optoelectronic products, security cameras and other optoelectronic modules) ("Optoelectronic Products") and optical instruments (such as microscopes, optical measuring instruments and various highend optical analytical instruments) ("Optical Instruments"). The Group focuses on the application fields of opto-electronic-related products, such as handsets, digital cameras, vehicle imaging systems, smart television video systems, security surveillance systems, optical measuring instruments and high-end optical analytical instruments, which are combined with optical, electronic, software and mechanical technologies.