Fiberspace receives credit facility from Comerica Bank

Nov. 14, 2001--Tunable semiconductor laser products developer Fiberspace Inc. has received $1.5 million in equipment financing from Comerica Bank's Technology and Life Sciences Division. The receipt of this funding supports Fiberspace's efforts to further its Optical Phase Locked Loop (OPLL) technology as a valid platform for enhancing today's metro and long-haul networks.

Tunable semiconductor laser products developer Fiberspace Inc. has received $1.5 million in equipment financing from Comerica Bank's Technology and Life Sciences Division. The receipt of this funding supports Fiberspace's efforts to further its Optical Phase Locked Loop (OPLL) technology as a valid platform for enhancing today's metro and long-haul networks.

Announced in October, Fiberspace's OPLL technology platform is designed to maximize the optical spectrum use to increase the transmission capacity of existing fiber lines while lowering the cost per bit. OPLL also provides long-term wavelength stability and absolute accuracy, claims the company, making it a suitable tunable laser platform for ultra-DWDM applications.

Fiberspace Inc. (Woodland Hills, CA) creates and builds stabilized laser products based on patented laser technology. For more information, visit the company's Web site at www.fiberspace.net.

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