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WaveSplitter and Gemfire To Demonstrate Low Channel Count VOA-Multiplexer Targeted for Metro Market at OFC 2002

Full chip-to-chip integration creates smallest V-Mux Package

FREMONT and PALO ALTO , CA- March 14, 2002 - WaveSplitter Technologies, Inc., a worldwide supplier of innovative fiber-optic components and modules for advanced optical networks, and Gemfire, an integrated photonics company, announced today that they will demonstrate fully-integrated, 8-channel Variable Optical Attenuator Multiplexers (VOA-Mux), at the Optical Fiber Communication Conference (OFC) 2002, March 17-22, 2002 in Anaheim, CA. This product demonstration highlights the benefits of hybrid integration by delivering the smallest VOA-Mux package with industry-leading performance in terms of power consumption and attenuation range. The compact, fully integrated device combines WaveSplitter's silica-on-silicon Arrayed Waveguide Grating with Gemfire's unique polymer VOA in a direct chip-to-chip interface. The 8-channel VOA-Mux is particularly well suited for the Metropolitan Optical Network market, which requires compact, high-performance, cost-effective components.

Hybrid integration, which entails the designing of integrated products based on multiple technology platforms, addresses the industry's need to reduce component size and cost without compromising performance. With hybrid integration, the best material choice can be used to combine individual optical functions through innovative packaging. Direct chip-to-chip integration removes duplication of packaging and fiber arrays offering a savings up to 30% of the manufacturing cost, while also reducing component size by a factor of ten.

"Our customers view integration as a way to reduce size and cost, but they can't sacrifice performance," said Bill Diamond, President and CEO of WaveSplitter. "Hybrid integration allows companies like WaveSplitter and Gemfire to combine their complementary technologies to deliver industry leading products that offer the benefits of integration with exceptional performance."

"The metro market has similar performance demands to the long-haul market, but requires optical components with much lower costs," said Richard Tompane, President and CEO of Gemfire. "The combination of multiple functions in a fully integrated device removes a number of high cost elements, creating high-performance, cost effective products for the metro market."

About WaveSplitter Technologies, Inc.
WaveSplitter Technologies, Inc. is a leading provider of cost-effective active, dynamic and passive components and modules for advanced metropolitan and long-haul optical networks. WaveSplitter's intelligent integrated products offer system manufacturers greater functionality in smaller packages and at lower cost than incumbent discrete technologies. WaveSplitter was founded in 1996 and is headquartered in Fremont, California. For more information, visit the company's Web site at http://www.wavesplitter.com.

About Gemfire Corporation
Headquartered in Palo Alto, Calif., Gemfire is an integrated photonics company creating multi-port integrated active components for optical networks. Gemfire's mission is to eliminate the primary roadblocks to optical network expansion by integrating component functions through products that deliver progressive value, performance, and functionality. For more information, visit the company's Web site at http://www.gemfire.com.


For more information from WaveSplitter Technologies, Inc.,
press and analysts only:

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

For more information from Gemfire Corporation, press and analysts only:
Laura Edens
Portofino Communications
Phone: 831-426-2855
E-mail: ledens@portofinopr.com

Laura Thurman
Portofino Communications
Phone: 408-979-1917
E-mail: lthurman@portofinopr.com


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