Luminent acquires FOCI and OIC; reveals technology and management behind CWDM

March 13, 2001
Mar. 13, 2001--Luminent Inc. announced the completed integration of its recently acquired Asian subsidiaries, Fiber Optic Components Inc. (FOCI) and Optronics International Corp. (OIC), into the Luminent organization. The company will also reveal the technology and management behind an emerging standard for coarse wavelength division multiplexing for 10 G/BPS Ethernet metropolitan access networks.

Luminent Inc. (Nasdaq:LMNE) announced the completed integration of its recently acquired Asian subsidiaries, Fiber Optic Components Inc. (FOCI) and Optronics International Corp. (OIC), into the Luminent organization. As a result, Luminent now offers system vendors a dynamic and vertically integrated line of fiber optic parts.

Operating under the new name of Luminent-Hsinchu Passive Component Division, the former FOCI plant with headquarters in Hsinchu Science Park, Taiwan, will continue to design passive components -- such as CWDM modules, fiber gratings and thin film filters -- at its ISO-certified facility.

Steve Lin, president, will oversee 80 engineers at the Taiwan plant, as well as manage the operation of Luminent's newly acquired passive-component manufacturing facilities, Luminent-Shanghai, located in Shanghai, People's Republic of China.

CWDM is increasingly recognized as an emerging standard for fiber optic transmission in the metro and access markets, and Luminent claims to be currently the only vendor providing 10G/bps Ethernet at distances approaching 40-50 kilometers to meet the needs of this market.

The acquisition of former OIC completes Luminent's goal to offer a full complement of high-quality active components such as lasers, LEDs and transceivers.

C.J. Hwang, a veteran of Bell Labs and one of the first scientists to develop lasers, serves as president for this division.

Already a designer and manufacturer of active optical components, the addition of Luminent-Hsinchu's Active Component Division has transformed Luminent into a large, technologically advanced component and module manufacturer.

Luminent is one of the few manufacturers, other than JDS Uniphase, to combine active and passive technologies for single mode fiber optic systems.

Essential to fiber optic systems from vendors such as Cisco Systems and Marconi, Luminent's components and modules drive applications covering the complete spectrum of fiber optic networking and communications, from metro core and metro access telecommunications to Fiber-to-The-Home (FTTH) for the consumer market.

In addition, Luminent will hold its first press conference after IPO at the Optical Fiber Convention in Anaheim, Calif., March 19-21. The presentation will reveal the technology and management behind an emerging standard for coarse wavelength division multiplexing for 10 G/BPS Ethernet metropolitan access networks.

Luminent's CWDM products provide optical networking equipment manufacturers a timely and cost-effective tool in supporting the unceasing demand for higher bandwidth equipment build-outs in the enterprise access and metropolitan area networks. Allowing speeds up to 12.5 Gb/s, this new technology allows communication equipment manufacturers to deliver even faster data streams via single-mode optical fiber.

Luminent will feature their broad line of active and passive single-mode components at their booth no. 1000, during the entire length of OFC.

About Luminent:

Luminent designs, manufactures and sells a comprehensive line of single-mode active and passive fiber optic components for high-capacity data transmission in the metropolitan and access markets. For more information, visit www.luminentinc.com.

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