Lynx Photonic Networks Moves Into China Market

Oct. 23, 2002
Calabasas Hills, CA, October 23, 2002 -- Lynx Photonic Networks has entered the China market and last week participated at the Asia Pacific Optical Conference with their newly appointed distributor, Luster Lightwave. Evaluations of Lynx switches are already scheduled with key Chinese telecommunications systems vendors.

Calabasas Hills, CA, October 23, 2002 -- Lynx Photonic Networks has entered the China market and last week participated at the Asia Pacific Optical Conference with their newly appointed distributor, Luster Lightwave. Evaluations of Lynx switches are already scheduled with key Chinese telecommunications systems vendors.

In addition, Lynx has appointed Dr. Reuven Duer as Director of Physics for Lynx U.S. Operations. Duer will be based at Lynx headquarters in Calabasas, CA. For the past 3 years, he has headed up the development programs of all of Lynx's Silica-on-Silicon solid-state photonic switches. These include the Photon.8x8 PCSSa (Photonic Communications Sub-System) product line that, in independently performed laboratory destruction tests clearly show Lynx's photonic switching solutions to be the most robust in the industry. This underlying technology forms the building blocks of all of Lynx's dynamically reconfigurable optical add/drop multiplexers (D/R-OADMs) and intelligent protection switches.

Lynx completed development of new DR-OADM prototypes, and has achieved a through-path loss of less than 2.5 dB going through the entire DR-OADM switching matrix. This is a breakthrough in PLC (Planar Lightwave Circuit) performance. Lynx also recently demonstrated at ECOC, Copenhagen, Denmark, its intelligent, revertive 1:N Protection Switch, in conjunction with ECI's Lightscape Networks' XDM System - showing live protection of transponder shelves.

The excellent performance results Lynx has achieved, along with our volume manufacturability, are the foundation of the Company's future success in the telecommunications industry. With all these moves, combined with the aggressive opening of new markets, Lynx believes that as the industry recovers, they will be the photonic switch vendor of choice for the world's leading telecommunication systems vendors.

As a result of the change in the Lynx manufacturing location, and the rationalization of certain projects that appear to be longer-term than previously thought, Lynx has been able to reduce its staff by about 20%. In completing their new three-year business plan (2003-2005), a "worst case scenario" plan has been added, assuring Lynx's operating runway extends well beyond the end of this planning cycle and is not reliant on any further contribution from new funding.

For more information, visit www.lynxpn.com .

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