Cilas acquires Highwave Optical Technologies Marseille

9 October 2002 -- Highwave Optical Technologies, Lannion, France, has sold its thin film business to Cilas, also in France.

Oct 9th, 2002

9 October 2002 -- Highwave Optical Technologies, Lannion, France, has sold its thin film business to Cilas, also in France.

Highwave, a developer and supplier of DWDM sub-systems for the deployment of high-speed optical telecommunication infrastructures, and Cilas, located at various sites in France, signed an agreement on 30 September to transfer 100% of HighWave Optical Technologies Marseille's shares to the benefit of Cilas.

"This sale is in keeping with our strategy to concentrate on our core business - fibres, fibre Bragg gratings and optical amplifiers" said Eric Delevaque, chairman and CEO of Highwave. "This transaction secures Marseille's technological expertise, and allows us to have good relationship with Cilas."

Jacques Battostella, chairman of Cilas said, "Optical films represent a key technology for most of our products. This acquisition is a true opportunity for us to strengthen in this area, whilst opening development prospects in new markets."

Cilas develops, manufactures and commercialises lasers and laser-based systems for application in defence, the atomic energy industries, and other key scientific programmes and industries. Cilas is based in Marcoussis, Orleans and St Setiers, all in France.

More information is available at www.cilas.com and at www.highwave-tech.com

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