Alcatel Optronics Completes Sale of Non-telecom MEMS

July 12, 2002
Paris, July 12, 2002 -- Alcatel Optronics, a supplier of optoelectronic components for telecommunications systems, after finalizing all customary closing procedures, announced that the Management Buy Out (MBO) of Alcatel Optronics Netherlands has been completed, in line with the announcement of June 5th.

Paris, July 12, 2002 -- Alcatel Optronics, a supplier of optoelectronic components for telecommunications systems, after finalizing all customary closing procedures, announced that the Management Buy Out (MBO) of Alcatel Optronics Netherlands has been completed, in line with the announcement of June 5th.

The non-telecom MEMS and Planar design software were the result of two start-ups bought by Kymata prior to being acquired by Alcatel Optronics. The new entity called C2V is independently owned and financially supported by Greenfield Capital Partners, a Dutch private equity firm.

A C2V team will be dedicated to Alcatel Optronics for a one and a half year period on a Planar design research and development program.

Alcatel Optronics designs, manufactures and sells high performance optical components, modules and integrated sub-systems for use in terrestrial and submarine optical telecommunications networks. Operating state-of-the-art manufacturing plants in North America and Europe, Alcatel Optronics is a leading supplier of DWDM lasers, photodetectors, optical amplifiers, high-speed interface modules and key passive devices such as arrayed waveguide multiplexers and Fiber Bragg Grating filters. It also has experience in integrating active and passive components and modules into sub-systems.

The Optronics Division is part of Alcatel's Optics Group which comprises Alcatel's world-leading activities in optical networking, including submarine and terrestrial transmission systems, fiber optics and optical components.

For more information, visit www.alcatel.com/optronics.

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