updated 2/7/2011 7:15:50 AM ET 2011-02-07T12:15:50

DALLAS, Feb. 7, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Opnext Inc. (Nasdaq:OPXT). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.

The full report is available at: http :// www . MicroStockProfit . com / lp / OPTX

Opnext Inc. (OPXT) designs and manufactures optical components, modules, and subsystems for communications uses. It sells the products, which enable high speed network connectivity to address the increasing data usage by the global population, to other businesses. Additionally, the Company sells infrared and visible light optical devices for industrial and commercial use. OPXT is the optical technology partner of choice supplying systems providers and OEMs worldwide with one of the industry's largest portfolios of 10G and higher next generation optical products and solutions.

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In the report, the analyst notes:

"OPXT shares rallied 29% Friday to reach a new 52-week high of $2.91. OPXT saw trading volume hit 6.50 million, nearly 13 times its average daily volume. It is currently trading above its 50-day and 200-day moving averages of $1.90 and $1.64, respectively. At Friday's closing market price, OPXT's market capitalization stands at $231.02 million."

OPX saw another record quarter with revenue of $97.1 million, representing its fourth consecutive quarterly growth. OPXT president and CEO Harry Bosco said the growth was broad based across most product lines and was led by strong 40Gbps and above module sales. "This growth, together with lower R&D expenses, allowed the Company to achieve a positive adjusted EBITDA," said Bosco.

To read the entire report visit: http :// www . MicroStockProfit . com / lp / OPTX

See what investors are saying about OPXT at http :// www . stockhideout . com

Get breaking news on OPXT at http :// thestockmarketwatch . com /

MicroStockProfit.com is a small-cap research and investment commentary provider. MicroStockProfit.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on MicroStockProfit please visit: http :// www . microstockprofit . com

MicroStockProfit.com Disclosure

MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC. Neither MicroStockProfit.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, MicroStockProfit.com, for complete risks and disclosures.

CONTACT: Brian Johnson

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