WaveSplitter Announces New Vice President of Engineering and Operations

Seasoned Technology Veteran Joins Top Management Team

FREMONT, CA -June 26, 2002 - WaveSplitter Technologies, Inc., a worldwide supplier of integrated optical components and modules for advanced optical networks, today announced the appointment of Ralph Ahlgren as Vice President of Engineering and Operations. Mr. Ahlgren's combination of engineering and operations expertise will allow him to drive product development and pilot manufacturing across WaveSplitter's multiple technology platforms and ensure a smooth and rapid transition to volume production.

Mr. Ahlgren brings 20-plus years of experience to WaveSplitter having served in executive level engineering and operational roles at both large and start-up companies. Prior to joining WaveSplitter, Mr. Ahlgren served as Senior Vice President of Engineering at C Speed, a privately held company developing 3D MEMS-based optical-switch subsystems. Before that Mr. Ahlgren served as President and COO of Silicon Evolution, a silicon-on-insulator materials company. In addition, Mr. Ahlgren has served as Vice President, Development Engineering and Manufacturing Operations at Candescent Technologies Corporation and Senior Director of Operations at Read-Rite Corporation. Mr. Ahlgren began his career at IBM Corporation where he served in a variety of key executive positions.

"Ralph has a proven track record for the timely realization of new products, from design and development through to qualification and production," said Bill Diamond, President and CEO of WaveSplitter. "He blends the process discipline and rigor of his big-company background with the speed and entrepreneurship essential to the success of smaller organizations. We are looking to his leadership to accelerate the product introduction process and to improve our development efficiency."

WaveSplitter's product portfolio consists of passive, dynamic and active technologies, including highly integrated variable optical attenuator multiplexers, low-dispersion interleavers, small-footprint arrayed waveguide gratings, and environmentally rugged transponders. Other products include polarization beam combiners, pump laser combiners, couplers, isolators, and filters. WaveSplitter's intelligent hybrid integration solutions optimize system design without compromising performance.


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.

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Bob Shine, 510-651-7800 x 274, bob_shine@wavesplitter.com