Alcatel Optronics completes acquisition of Kymata

Sept. 21, 2001--Alcatel Optronics, a provider of optoelectronic components for telecommunications systems, announced the acquisition of Kymata Ltd. has been completed.

Alcatel Optronics (Paris: CGO and NASDAQ: ALAO), a provider of optoelectronic components for telecommunications systems, announced that, after finalizing all customary closing procedures, the acquisition of Kymata Ltd. has been completed. Kymata, a privately held company based in Livingston, Scotland, develops planar technology for high-end passive optical components.

Kymata produces Arrayed Waveguide Gratings (AWGs) multiplexer/demultiplexers, commercially available devices using planar processes. AWG is considered to be an advanced technology for the metropolitan optical network market. This acquisition also confirms Alcatel Optronics' intention to be a major player in the integration of active and passive optical components by strengthening its planar waveguide expertise as well as its passive component product lines.

Kymata will be immediately integrated and consolidated into the Alcatel Optronics organization and will be renamed Alcatel Optronics UK.

About Alcatel Optronics:

Alcatel Optronics designs, manufactures and sells high performance optical components, modules and integrated sub-systems for use in terrestrial and submarine optical telecommunications networks. For more information, visit www.alcatel.com/optronics.

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