Fact Sheet   History   Press Room   Upcoming Events  

IMRA PRESS RELEASE - 07/2008
For Immediate Release

IMRA America’s Director of Business Development, Marketing and Sales Assumes Advisory Role
Ann Arbor, July 24, 2008—

IMRA America, Inc. (IMRA), a global leader in the development of ultrafast fiber laser technologies for commercial applications, today announced that Kiyomi Monro, the company’s Director of Business Development, Marketing and Sales, has accomplished the firm’s primary business development objectives and will now work with IMRA in an advisory capacity. The company will not be filling the vacated position in response to the general economic downturn and its commitment to increasing efficiency and reducing overhead costs.

During his tenure with the company, Mr. Monro was instrumental in helping IMRA develop a working relationship with a major Semiconductor company as well as increasing market penetration in various commercial applications for its ultrafast fiber lasers. Mr. Monro will be joining a California-based Semiconductor laser manufacturer as its director of Strategic Marketing.

Commenting on Mr. Monro’s departure, Takashi Omitsu, President of IMRA, said, “We have been very pleased with Kiyomi’s contribution to the commercialization of our ultrafast fiber laser products, but with the slowdown in the current economy we mutually agreed that it would be more beneficial at this time to allocate our resources elsewhere within the company. This decision is reflection of our concern regarding the future of the U.S. economy and it is not expected to harm either IMRA or Kiyomi.”

For more information, please contact:
IMRA America, Inc.
1044 Woodridge Avenue
Ann Arbor, MI 48105
Phone: (734) 930-2560
Fax: (734) 930-9957
e-mail: lasers@imra.com