Corona Optical Systems, Inc. announces it has received commitments for up to $6.9 million of funding from Intel Capital and the Geometry Group. This completes Corona's most recent round of funding. Funds will be used to further expand design and production of the company's high-speed optoelectronic components and subsystems.

Corona Optical Systems' key technologies focus on high-speed optoelectronic subsystems and components for carrier class equipment. Corona's initial products are set for release in the first half of 2001.

About Corona Optical Systems:

Corona Optical Systems, Inc. is a pre-IPO technology company with facilities in Lombard, Illinois and Eau Claire, Wisconsin. Corona was incorporated in February 2000. Its products include high-speed optoelectronic subsystems and components for carrier class equipment. For more information, visit www.coronasys.com.

About Intel Capital:

Intel Capital, Intel's strategic investment program, focuses on making equity investments and acquisitions to build the Internet economy, including Internet infrastructure, content and services in support of Intel's strategic interests. For more information, visit www.intel.com/capital.

About Geometry Group, Inc.:

Geometry Group, Inc. is an asset management holding company overseeing $2 billion, including venture capital, private equity, hedge funds and other alternative investments. For more information, visit www.geometrygroup.com.