[May 11, 2012]

Opnext Schedules Fourth Quarter Earnings Release and Conference Call

Opnext (News - Alert), Inc. (NASDAQ:OPXT), a global leader in the design and manufacturing of optical modules and components, has scheduled the release of its financial results for its fourth fiscal quarter and full fiscal year ended March 31, 2012, following the close of the NASDAQ Stock Market on Tuesday, May 15, 2012. The Company will hold a conference call to discuss the results at 1:30 p.m. Pacific Time on May 15, 2012.

The conference call can be accessed by dialing 866-365-3198 (United States) or 702-928-6762 (International) and providing the Opnext, Inc. name and Conference ID #77079524. A replay of the conference call can be accessed approximately four hours after the call through Tuesday, May 29, 2012, by dialing 855-859-2056 (United States) or 404-537-3406 (International) and using the Conference ID #7707524.

A live webcast of the call will be accessible in the Investor Relations section of the Company website at http://www.opnext.com. A replay of the webcast will be available following the conclusion of the call under "Events and Presentations, Archived Events" in the Investor Relations section of the Company website.

(OPXT-G)

About Opnext

Opnext (NASDAQ: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. The Company's industry expertise, future-focused thinking and commitment to research and development combine in bringing to market the most advanced technology to the communications, defense, security and biomedical industries. Formed out of Hitachi (News - Alert), Opnext has built on more than 30 years of experience in advanced technology to establish its broad portfolio of solutions and solid reputation for excellence in service and delivering value to its customers. For additional information, visit www.opnext.com.

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