Optium to acquire Engana

March 6, 2006 Chalfont, PA -- Optium, a provider of optical transport platforms including 10-Gbit/sec transponders as well as RF-over-fiber and CATV products, announced its acquisition of Engana, a developer of wavelength selective switch (WSS) modules for reconfigurable optical add/drop multiplexer (ROADM) applications.

March 6, 2006 Chalfont, PA -- Optium , a provider of optical transport platforms including 10-Gbit/sec transponders as well as RF-over-fiber and CATV products, announced its acquisition of Engana a developer of wavelength selective switch (WSS) modules for reconfigurable optical add/drop multiplexer (ROADM) applications.

"Optium has built its reputation designing and delivering the best performing subsystems for dynamic optical networks. Engana's Dynamic Wavelength Processor technology builds on this track record by allowing Optium to provide further network element integration and flexibility beyond anything available for use in ROADMs today. We are excited about future product possibilities and look forward to working with the Engana team," remarks Eitan Gertel, president and CEO of Optium.

Engana says its Dynamic Wavelength Processor (DWP) line of WSS devices, provides full colorless and hitless switching functionality along with on-the-fly software reconfigurability for ROADM based applications. Optium says the addition of the DWP technology will add to its dynamic wavelength management portfolio of tunable transponders and DWDM XFP modules. Optium expects to deliver fully integrated subsystems based on the DWP in 2006.

"The combination of Optium's market leadership with our expertise in next-gen networks creates a truly formidable leader in the optical transmission arena," comments Steven Frisken, CEO of Engana. "Our common commitment to developing market-leading products will create tremendous value for our customers, partners, and employees."

Engana is headquartered in the Australian Technology Park in Sydney, Australia and will become a wholly-owned subsidiary of Optium Corporation.


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