Oplink expands integrated optical manufacturing service capabilities

November 6, 2002--Oplink Communications Inc., designer and manufacturer of optical components and modules, has announced that it will further expand its integrated Optical Manufacturing Service (OMS) capabilities.

Oplink Communications Inc., designer and manufacturer of optical components and modules, has announced that it will further expand its integrated Optical Manufacturing Service (OMS) capabilities to better serve customers with low cost, high-quality optical modules, subsystems, and custom, turn-key solutions.

In continuing to grow its OMS offering to meet the market demand for higher levels of integrated optical manufacturing, Oplink plans to strategically expand its software and electronic engineering capabilities, incorporating these functionalities into its development and manufacturing processes within its U.S. and China facilities, explain company representatives.

"In this slow market for telecommunications equipment, our customers are consolidating their facilities and capabilities and shifting to the outsourced manufacturing of their modules and subsystems," contends Joe Liu, Oplink's president and chief executive officer. "We believe that there is a significant opportunity to increase our role as a strategic partner to our customers through expanding the integration of electronics, software, mechanics, and optics into our products," he adds.

In addition, the company announced that it continues to move forward with major restructuring initiatives, including the shift of its engineering, research and development, and manufacturing competencies to its offshore facilities in China and a reduction of approximately 50% in its worldwide workforce. The company expects to complete its initial restructuring efforts by the end of the second quarter of fiscal year 2003. Oplink is also considering further restructuring plans and anticipates additional restructuring charges during the second quarter of fiscal year 2003.

In conjunction with the Company's ongoing restructuring efforts, Christian Lepiane, vice president of worldwide sales, and Zee Hakimoglu, vice president of product line management, have resigned to pursue other interests.

For more information about Oplink (San Jose) and its products and services, visit the company's Web site at www.oplink.com.

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