"This effort will enable and progress two of our current key initiatives which the Company is currently working on, a 100-nm ring oscillator which is a common demonstration vehicle for performance and an integrated 50GHz VCSEL device, both targeted for Q1 of 2015."
http://en.m.wikipedia.org/wiki/Ring_oscillator ,
http://en.m.wikipedia.org/wiki/Vertical-cavity_surface-emitting_laser
Derekwpg