The information contained in each news release that appears on this web site speaks only as to the date of such release, and such information shall not be deemed to be republished by the posting of such news release on this web site. Certain information contained in each news release may be deemed to contain forward-looking information representing IPG’s current expectations and beliefs and may change subsequent to the date of the news release. Forward-looking statements are subject to known and unknown risks and uncertainties that could cause actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. These risks and uncertainties are described in IPG’s filings with the Securities and Exchange Commission. IPG does not undertake any obligation to update, supplement or correct information contained in any news release appearing on this web site.
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IPG Photonics Increases Credit Facility to $55 Million
Jun 9, 2008
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OXFORD, Mass., Jun 09, 2008 (BUSINESS WIRE) -- IPG Photonics Corporation (Nasdaq: IPGP), the world leader in high-power fiber lasers and amplifiers, today announced that it has amended its existing unsecured revolving credit facility with Bank of America, N.A., increasing its available revolving credit to $35 million from $20 million and extending ...
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IPG Expands Product Line with Novel Patented CO2 Gas Laser
May 15, 2008
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NOVI, Mich., May 15, 2008 (BUSINESS WIRE) -- IPG Photonics (NASDAQ: IPGP), the world leader in high-power fiber lasers and amplifiers, announced today that it has developed an advanced new family of CO2 gas lasers that will allow the Company to enter new markets and applications. The first generation of IPG's CO2 gas lasers, with output powers from...
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IPG Photonics Reports 27% Increase in Sales in First Quarter of 2008
May 6, 2008
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OXFORD, Mass., May 06, 2008 (BUSINESS WIRE) -- IPG Photonics Corporation (Nasdaq: IPGP), the world leader in high-power fiber lasers and amplifiers, today reported that revenues for the first quarter of 2008 increased by 27% to $52.9 million and net income increased by 23% to $8.1 million from the first quarter of 2007. Revenue growth for the quart...
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IPG Photonics Corporation to Announce First-Quarter 2008 Financial Results on May 6, 2008
Apr 17, 2008
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OXFORD, Mass., Apr 17, 2008 (BUSINESS WIRE) -- IPG Photonics (NASDAQ: IPGP) today announced that in conjunction with its scheduled quarterly financial results news release, the Company plans to webcast its first-quarter 2008 financial results conference call on Tuesday, May 6, 2008 at 10:00 a.m. ET.
IPG's first-quarter 2008 conference call will...
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IPG Strengthens Sales Force with Three Experienced Sales Professionals
Apr 9, 2008
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OXFORD, Mass., Apr 09, 2008 (BUSINESS WIRE) -- IPG Photonics Corporation, the global leader in high-performance fiber lasers for diverse applications, today announced that it has strengthened its capabilities in the areas of merchant diode sales, sales to the government, and low- and mid-power fiber laser sales with the appointments of Jim Stathis ...
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IPG Photonics Reports Record Fourth-Quarter and Full-Year 2007 Sales
Feb 28, 2008
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OXFORD, Mass., Feb 28, 2008 (BUSINESS WIRE) -- IPG Photonics Corporation (Nasdaq: IPGP), the world leader in high-power fiber lasers and amplifiers, today reported that revenues for the fourth quarter of 2007 increased by 31% to $55.1 million, up from $42.1 million for the fourth quarter of 2006. For the full year, revenues increased 32% to $188.7 ...
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IPG Photonics Purchases Major Photonics Patent Portfolio
Feb 26, 2008
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OXFORD, Mass., Feb 26, 2008 (BUSINESS WIRE) -- IPG Photonics Corporation (NASDAQ: IPGP), the world leader in high-power fiber lasers and amplifiers, today reported that it has purchased more than 100 key U.S. patents, and their more than 340 foreign counterparts, by acquiring a photonics patent portfolio from British Telecom. This large portfolio i...
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IPG Photonics Corporation to Announce Fourth-Quarter 2007 Financial Results on February 28, 2008
Feb 8, 2008
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OXFORD, Mass., Feb 08, 2008 (BUSINESS WIRE) -- IPG Photonics (NASDAQ: IPGP) today announced that in conjunction with its scheduled quarterly financial results news release, the Company plans to webcast its fourth-quarter 2007 financial results conference call on Thursday, February 28, 2008 at 10:00 a.m. ET.
IPG's fourth-quarter 2007 conference ...
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IPG Photonics to Present at Thomas Weisel Partners Technology, Telecom & Internet Conference 2008
Jan 31, 2008
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OXFORD, Mass., Jan 31, 2008 (BUSINESS WIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) today announced that Tim Mammen, chief financial officer, will be presenting in a "Fireside Chat" format at the Thomas Weisel Partners Technology, Telecom & Internet Conference on Monday, February 4, 2008 at approximately 1:20 p.m. (ET). The conference is being ...
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IPG Photonics to Open NASDAQ Stock Market on January 28
Jan 24, 2008
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OXFORD, Mass., Jan 24, 2008 (BUSINESS WIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) today announced that Dr. Valentin Gapontsev, chairman and chief executive officer, will open the NASDAQ stock market on Monday, January 28, 2008. Dr. Gapontsev will be joined by members of the IPG Photonics management team and Board of Directors.
The ceremon...
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IPG Photonics Enters Merchant Diode Business with Brightest, Most Powerful Line of Laser Diodes
Jan 18, 2008
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OXFORD, Mass., Jan 18, 2008 (BUSINESS WIRE) -- IPG Photonics (NASDAQ: IPGP), the leading global manufacturer of high-power lasers and amplifiers for diverse applications in numerous markets, today announced that it is now selling the most powerful and highest brightness fiber-coupled laser diodes on a merchant basis to OEM customers in a variety of...
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IPG Photonics to Present at 10th Annual Needham Growth Stock Conference
Jan 3, 2008
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OXFORD, Mass., Jan 03, 2008 (BUSINESS WIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) today announced that Dr. Valentin Gapontsev, chairman and chief executive officer and Tim Mammen, chief financial officer, will be presenting at the 10th Annual Needham Growth Stock Conference on Friday, January 11, 2008 at 9:30 a.m. (ET). The conference is bein...
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Major Russian Telecom Company Builds Long Haul Networks with IPG DWDM Equipment
Dec 14, 2007
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OXFORD, Mass., Dec 14, 2007 (BUSINESS WIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) today announced that its Russian subsidiary, NTO IRE-POLUS, is supplying its DWDM equipment to North-West Telecom of Svyazinvest, one of the leading telecom companies in Russia. IPG has shipped over $3.8 million over the last 12 months to support several network...
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IPG Photonics Announces New Results in Thick Plate Welding with 20 Kilowatt Fiber Laser
Dec 10, 2007
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OXFORD, Mass., Dec 10, 2007 (BUSINESS WIRE) -- IPG Photonics Corporation, the leading global manufacturer of high-power lasers and amplifiers for diverse applications in numerous markets, today announced that its application center in Germany achieved a record high-quality deep penetration welding on thick stainless steel plates at rapid speeds. By...
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IPG Photonics Reports 80 Percent Increase in Net Income on 32 Percent Revenue Growth for Third-Quarter 2007
Nov 6, 2007
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OXFORD, Mass., Nov 06, 2007 (BUSINESS WIRE) -- IPG Photonics Corporation (Nasdaq: IPGP), the leading global manufacturer of high-power lasers and amplifiers for diverse applications in numerous markets, today reported that revenues for the third quarter of 2007 increased by 32.3% to $47.9 million, up from $36.2 million for the third quarter of 2006...
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IPG Photonics Corporation to Announce Third-Quarter 2007 Financial Results on November 6, 2007
Oct 19, 2007
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OXFORD, Mass., Oct 19, 2007 (BUSINESS WIRE) -- IPG Photonics (NASDAQ: IPGP) today announced that in conjunction with its scheduled quarterly financial results news release, the Company plans to webcast its third-quarter 2007 financial results conference call on Tuesday, November 6, 2007 at 10:00 a.m. ET.
IPG's third-quarter 2007 conference call...
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IPG Photonics Obtains New 15 Million Euro Credit Facility
Oct 15, 2007
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OXFORD, Mass., Oct 15, 2007 (BUSINESS WIRE) -- IPG Photonics Corporation (Nasdaq: IPGP), the global leader in high-performance fiber lasers and amplifiers for diverse applications in numerous markets, today announced that it has entered into a new 15 million EURO ($21 million) unsecured revolving credit facility with Deutsche Bank AG. The credit fa...
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IPG Photonics and Scientific-Atlanta Settle Litigation
Oct 11, 2007
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OXFORD, Mass., Oct 11, 2007 (BUSINESS WIRE) -- IPG Photonics Corporation (Nasdaq: IPGP) today announced that it has settled patent infringement claims made against the Company by Scientific-Atlanta, a subsidiary of Cisco Systems Inc., as well as IPG Photonics' counterclaims against Scientific-Atlanta, by mutual agreement. Terms of the settlement ag...
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IPG Photonics to Present at Jefferies Inaugural Technology Conference
Sep 26, 2007
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OXFORD, Mass., Sep 26, 2007 (BUSINESS WIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) today announced that Tim Mammen, chief financial officer, will be presenting at the Jefferies Technology Conference on Monday, October 1, 2007 at 8:00 a.m. (ET). The conference is being held in New York City.
A live audio webcast of the presentation will be ...
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Fiber Laser Leader IPG Photonics Ranks in Deloitte New England Technology Fast 50
Sep 20, 2007
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OXFORD, Mass., Sep 20, 2007 (BUSINESS WIRE) -- IPG Photonics Corporation (NASDAQ: IPGP), the leading global manufacturer of high-power fiber lasers and amplifiers for diverse applications in numerous markets, today announced that it has been ranked 33rd in Deloitte's Technology Fast 50 Program for New England.
"This ranking is a reflection of I...
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