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WaveSplitter Receives Industry Award for Technology Innovation

WaveSplitter's WaveProcessor Interleaver Product Wins Photonics Circle of Excellence Award

FREMONT, CA - January 25, 2001 -WaveSplitter Technologies, Inc., a worldwide supplier of fiber-optic components for optical amplifier and DWDM systems, today announced that its WaveProcessor™ F3T Interleaver product has been awarded the Photonics Circle of Excellence Award. This prestigious award recognizes the top 25 most technically innovative products of the year. This is the first time the award has been given to an Interleaver product.

"We are honored that our WaveProcessor Interleaver has been selected as one of the winners of the prestigious Photonics Circle of Excellence Award," said Bill Diamond, CEO and President of WaveSplitter Technologies. "It validates our belief that WaveSplitter's WaveProcessor Interleaver offers world-class performance and addresses an important need in the industry for more bandwidth."

"The Photonics Circle of Excellence Award honors the best the industry has to offer in cutting-edge innovations in photonics," said Wendy Laurin, Vice President and Group Publisher of Laurin Publishing. "Award winners comprise every segment in photonics technology and include large and small firms from around the world. We strongly believe that this competition contributes to the health of our industry and brings honor and recognition to the innovators who are developing tomorrow's products."

The award submissions are carefully assessed based on the product's excellence, innovation, and achievement. A panel consisting of the Photonics Spectra's editorial advisory board selects the 25 winners based on innovation and merit. WaveSplitter's WaveProcessor Interleaver is included as one of the five winning products which were passive components designed to advance telecommunications networks.

"We're excited about this industry recognition since WaveSplitter closely collaborated with our customers on the Interleaver product to address their application needs," said Steve Tsui, VP of Sales and Marketing at WaveSplitter. In describing the WaveProcessor's performance Dr. Ulrich Gaubatz, MTS Optics Team Leader of Siemens AG said, "Siemens set very aggressive specifications for our long-haul DWDM product TransXpress Infinity to achieve world-leading performance, and WaveSplitter was able to deliver on their promises and exceed our specifications."

The WaveProcessor Interleaver addresses the need for more bandwidth triggered by the growth of the Internet by interleaving multiple sets of optical channels into a single, densely packed stream. The WaveProcessor offers a combination of a wide, flat passband, good crosstalk performance, and low insertion loss offering a low dispersion value for high- bit-rate applications. Applications include providing dense channel spacing in DWDM systems, multichannel optical add/drop multiplexing in metropolitan area networks, and signal grooming for improved signal-to-noise.

About WaveSplitter Technologies, Inc.

WaveSplitter Technologies, Inc. develops, manufactures and markets reliable, highly scalable, cost-effective components for optical amplifier and DWDM systems for both long-haul and metropolitan area network applications. WaveSplitter's high-performance fiber and planar lightwave circuit components increase network bandwidth capabilities and offer a unique combination of low signal loss and modular expandability at an economical value. WaveSplitter was founded in 1996 and is headquartered in Fremont, California. WaveSplitter is a trademark of WaveSplitter Technologies, Inc. All other trademarks are the properties of their respective owners.


For more information, reporters can contact:

Lisa Blair
WaveSplitter Technologies, Inc.
Phone: 510-651-7800 x 243
Fax: 510-580-1395
E-mail: lisa_blair@wavesplitter.com

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