Redfern Photonics and MAZ level one invest in Adaptif Photonics GmbH

February 6, 2002--Redfern Photonics and MAZ level one GmbH have conducted their first joint venture by investing in Adaptif Photonics GmbH, a startup company whose products are based on protected intellectual property that has already been demonstrated in field trials in cooperation with the Technical University in Hamburg-Harburg. The products will provide benefits to system vendors, network operators, and end users.

Redfern Photonics and MAZ level one GmbH have conducted their first joint venture by investing in Adaptif Photonics GmbH, a startup company whose products are based on protected intellectual property that has already been demonstrated in field trials in cooperation with the Technical University in Hamburg-Harburg. The products will provide benefits to system vendors, network operators, and end users.

"Adaptif is delighted to welcome these investors," says CEO Dr. Ralf Stolte. "These funds will assist us to expand strongly in order to introduce our products to market as soon as possible."

Redfern Photonics, headquartered in Sydney, Australia, invests in and commercializes research and development outcomes in the photonics communications industry. For more information, visit the company's Web site at www.redfernphotonics.com.

MAZ level one GmbH (Hamburg, Germany) is a seed investor that supports young, technology driven companies.

Startup Adaptif Photonics can be accessed via the Web at www.adaptifphotonics.com.

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