We are a greedy glutinous unthankful group of imbeciles, (me the worst). We get a great news release in the morning and before the day is done we're clamoring for more because our little investment company's shares haven't gone through the roof already. It doesn't mean our Poet is worth less because the share price refuses to budge (the market works in strange ways). 

This press release was just about 2 weeks ago and it showed plenty of interest from customers and potential customers. Just break it down and forget the share price unless you are willing to buy.

1)   (Poet).., today announced that its joint exhibition with Super Photonics Xiamen (SPX) at the China International Optoelectronics Expo (CIOE) in Shenzhen earlier this month was an outstanding success that signals more near-term commercial activity for the Company.

2)  Two major Tier 1 module suppliers already engaged with POET and its joint venture company, SPX, requested samples to be submitted for immediate evaluation, including optical engines for 800G Tx, 800G Rx, 400G Tx (the POET InfinityÔ chiplet) and 400G Rx. 

3)   An additional engaged Tier 1 customer requested a quote for a customized 100G LR4 optical engine.

4)   Four new potential Tier 1 / Tier 2 customers requested samples as soon as possible for their 800G module designs.

5)  “One customer commented, ‘Wow! I don’t have to worry about any coupling with your engines,’” said Raju Kankipati, POET’s North America GM and Senior VP of Product Management. “That kind of reaction is a testimony to the advantages we offer the industry. At CIOE, our value proposition was evident to those many attendees who witnessed our product demos.”

6)   In addition to potential module customers, the POET/SPX exhibit attracted the attention of major end users, including Alibaba, FiberHome, and ByteDance. POET and SPX also met with several key suppliers at the Conference, including several large and prominent laser and electronic component suppliers. 

 . Those conversations served to demonstrate how POET has integrated these components in its novel designs and how the POET ecosystem can be further strengthened with even deeper collaborations.

It was the first time since the pandemic that event organizers held an in-person CIOE, which meant many attendees were introduced to POET’s product lines for the first time during the September 6-8 event

Live Product Demonstrations Yield Numerous Customer Engagements