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Novera Optics Names John Barton New CEO

Under New Leadership, Silicon-Valley-Based Company to Develop Progressive Strategies For Market Growth

SANTA CLARA, Calif. - Nov. 26, 2007 - Novera Optics today announced that John Barton has joined the company as chief executive officer. In his new role, Barton is charged with accelerating the growth of Novera Optics as it continues to gain momentum as a leading provider of low-cost, high-performance optical access solutions.

Barton has extensive senior management and executive-level experience in the optical electronics market. He comes to Novera Optics from Flextronics, the world's largest contract manufacturer, where he served as vice president and general manager. In this position, Barton played a significant role in identifying and pursuing emerging technology opportunities for Flextronics, and implementing strategies designed to increase the technical content within existing services.

Prior to Flextronics, Barton served as president and CEO at Wave Optics, Inc., an optical components and sub-components company. He began with Wave Optics as chief operating officer, and in this position built the company's operations, sales and marketing, materials, and IT infrastructure. While serving as president, he led the company from a 40-person R&D-centric organization through a strategy shift to a 425-person design and manufacturing organization with top-tier customers.

"I am very pleased to join the talented team at Novera Optics," stated Barton. "As the limitations of BPON, EPON, and GPON become apparent, carriers are increasingly looking for alternative solutions that can be transparently implemented. Novera's deep technology base combined with its field-proven systems, plus increased demands for Access bandwidth, makes this an exciting time to be a leading supplier in the WDM-PON market."

Barton holds a bachelor of science in physics and a bachelor of science in mathematics from the University of California, Irvine.

ADC Announces Strategic Partnership with Novera Optics to Deliver New Optical Access Transport Platform

MINNEAPOLIS & SANTA CLARA, Calif. - Jun 18, 2007 - ADC (NASDAQ:ADCT) (www.adc.com), and Novera Optics, Inc., developer of low-cost, high performance optical access solutions, today announced that ADC has entered into an original equipment manufacturer (OEM) agreement with Novera Optics to deliver a new access transport platform based on Passive Optical Network (PON) and Dense Wave Division Multiplexing (DWDM) technologies. ADC will feature this product, PONy Express(TM) 16, at NXTcomm 2007 (Booth #5107) in Chicago, June 19-21.

Under terms of the agreement, Novera Optics will supply equipment to ADC for customers in North America, Europe and South America.

The PONy (Passive Optical Network over wavelengths) Express 16 is the first transport platform to address the bottleneck that occurs in traditional optical access networks. Using DWDM, the PONy Express 16 provides cost-effective access to business parks, campuses, and multi-dwelling unit/multi-tenant units over a shared network infrastructure without sacrificing security or limiting bandwidth. Up to 16 customers can be simultaneously connected with each having up to 1Gbps of dedicated, symmetrical bandwidth. This solution enables service providers to address multiple markets such as Fiber-To-The Building (FTTB) and Fiber-To-The-Curb (FTTC) with a single product.

"We are pleased to partner with Novera Optics and offer an exciting economical, high-performance optical solution for our customers to help them overcome the bandwidth bottlenecks in their access networks," said Hilton Nicholson, president of the Active Infrastructure Business Unit for ADC. "By working with multiple ADC business units to integrate the PONy Express 16 into their products, we have developed a compelling solution unique in the industry."

ADC's PONy Express 16 transport platform offers a broad range of benefits for service providers including bandwidth of up to 20Gbps on a single fiber, support for multiple services and mixed bit rates, and ease-of-service upgrades without service interruption to other users. Operationally, each Optical Network Terminal (ONT) is 'colorless,' which eliminates the sparing issue that plagues traditional DWDM systems and provides 'plug-n-play' system provisioning. Integrated with ADC's FTTX connectivity products, the PONy Express 16 enables the company to offer a complete solution to service providers that is simple and cost-effective to implement while remaining adaptable enough to support existing and future technologies.

"We are excited about the prospect of working with ADC, one of the leaders in the FTTX market, which will open up new markets for us," said Bernd Hesse, vice president of marketing and business development at Novera Optics. "The PONy Express 16 enables ADC's customers and service providers worldwide to deliver the bandwidth their customers need now and in the future to address multiple markets with one solution."

ADC Public Relations
Donna Burke, 952-917-0150
donna.burke@adc.com
or
ADC Investor Relations
Mark Borman, 952-917-0590
mark.borman@adc.com
or
Novera Optics
Bernd Hesse, 408-496-6550, Ext. 303
bernd.hesse@noveraoptics.com
or
Wall Street Communications
Rae Morrow, 775-626-7722
rae@wallstcom.com

Novera Optics Expands Korea Telecom Engagement with New 30,000 DMDW PON Deployment

Addition increases number of lines to more than 100K

SANTA CLARA, Calif. - Feb. 14, 2007 - Korea Telecom, the largest communications carrier in Korea, has launched a new deployment of DWDM PON technology from Novera Optics with advanced OAM (Operation, Administration and Maintenance) features. The new deployment will support Korea Telecom's broadband subscribers, and increases the total number of Novera-supported Korea Telecom lines to more than 100K.

Novera Optics' DWDM transport technologies are being deployed by Korea Telecom for Internet and data services through Novera's SpeedLIGHT™ platform. Following an initial order of 70,000 lines in 2006, Korea Telecom is now adding another 30,000 lines built on Novera's proven technology.

"Korea Telecom's deployment of additional lines shows their confidence in our DWDM technology," said Bernd Hesse, vice president of marketing and business development at Novera Optics. "In the last year and a half they have deployed over 100,000 lines over a SpeedLIGHT transport platform. During that period, our technology has proven its ability to provide Korea Telecom's customers with the bandwidth they need. In addition, the platform is scalable and offers an easy upgrade path to meet their customers' needs in the future."

Implementing DWDM-PON point-to-point bi-directional optical links through a single feeder fiber, SpeedLIGHT provides Korea Telecom with an easy upgrade path, symmetrical downstream and upstream bandwidth, and multiprotocol transparency for fiber-to-the-home (FTTH) and fiber-to-the-curb (FTTC) applications.

As a transport platform for fiber-to-the-x (FTTx) deployments, SpeedLIGHT greatly improves the ability of service providers to deliver the bandwidth their customers need now and in the future. Using Novera Optics ?-PON™ (Lambda-PON) DWDM FTTx technology, SpeedLIGHT eliminates the need for expensive, wavelength-specific optical network units (ONUs) and does away with the problems of bandwidth sharing, bandwidth upgrades, and mixed-service delivery on a passive optical network (PON).

Novera Optics, Inc.
2620 Augustine Drive, Suite 101
Santa Clara, CA 95054
(408) 496-6550 (main)
(408) 496-6850 (fax)

Novera Optics Launches TurboLIGHT™16 DWDM Access Transport Platform

New Platform Is the World's First Passive Optical Network to Deliver 20 Gbps of Symmetrical Bandwidth Over a Single Feeder Fiber

SANTA CLARA, CALIFORNIA - August 21, 2006 - Novera Optics today announced the TurboLIGHT™16, a dense wavelength division multiplexing (DWDM) fiber-to-the-x (FTTx) optical access transport platform that is the first passive optical network (PON) system to deliver 20 Gbps of symmetrical bandwidth over a single feeder fiber.

Based on Novera Optics' λ-PON™ (Lambda-PON) automatic wavelength-locking technology, TurboLIGHT16 eliminates the need for expensive wavelength-specific optical network units (ONUs) and eliminates problems of bandwidth sharing, bandwidth upgrades, and mixed-service delivery over a PON.

The new platform utilizes identical colorless Gigabit Ethernet DWDM optical transceivers for low installation and operating costs. It carries 16 1.25-Gbps bidirectional data streams using 32 independent wavelengths. In addition, the system provides the flexibility of mixed-mode capabilities, allowing transport at different bit rates (125 Mbps to 1.25 Gbps) on the same platform. Existing SpeedLIGHT™ modules provide a bit rate of 125 Mbps.

TurboLIGHT16 enables a wide range of differentiated, dedicated point-to-point connectivity services by providing an easy upgrade path, symmetrical downstream and upstream bandwidth, and multiprotocol transparency to allow any protocol and any data rate to be carried over the same fiber infrastructure.

"TurboLIGHT16 is the only PON system capable of delivering symmetrical 20 Gbps of bandwidth over a single fiber," said Bernd Hesse, vice president of marketing and business development at Novera Optics. "It dramatically improves the ability of service providers to deliver the bandwidth their customers need now and in the future by combining simplicity, security, scalability, and the versatility to deliver any service at any time. TurboLIGHT16 is the perfect fit for backhaul applications in the access network."

TurboLIGHT16 is being offered in both modular form for integration by system vendors and in complete system form for plug-and-play use by telecom carriers deploying FTTx broadband access technologies, for which it greatly reduces capital equipment costs and operating expenses. The product will be available in Q4 of 2006.

Novera Optics, Inc.
2620 Augustine Drive, Suite 101
Santa Clara, CA 95054
(408) 496-6550 (main)
(408) 496-6850 (fax)

Novera Optics to Deploy Additional 20,000 Lines of DWDM Access Transport Technologies to Korea Telecom in Q3/06

SANTA CLARA, Calif. -- July 24, 2006 -- Korea Telecom, the largest communications carrier in Korea, has ordered additional dense wavelength division multiplexed (DWDM) access transport technologies from Novera Optics to support about 20,000 broadband subscribers. The deployment brings the company's total number of Novera-supported lines to approximately 100,000.

Previously Novera Optics has delivered more than 75,000 lines of DWDM transport technologies to Korea Telecom for Internet and data services through its DWDM access transport platform. Due to successful commercial demands, Korea Telecom is adding another 20,000 lines of the proven technology.

"The deployment of additional lines to Korea Telecom shows their confidence and commitment to our DWDM technology," said Bernd Hesse, vice president of marketing and business development at Novera Optics. "So far, KT has deployed 75,000 lines over our system. By adding an additional 20,000 lines, KT will connect approximately 100,000 subscribers over the DWDM technology, which shows how this future-proof investment provides carriers with the simplicity, security, scalability, and the versatility to deliver any service at any time. We are very pleased to have our system commercially deployed by one of the leading innovative broadband access service providers worldwide."

With its point-to-point, bidirectional optical links through a single feeder fiber, Novera Optics system provides Korea Telecom an easy upgrade path, symmetrical downstream and upstream bandwidth, and multiprotocol transparency for fiber-to-the-home (FTTH) and fiber-to-the-curb (FTTC) applications. As a technology transport platform for fiber-to-the-x (FTTx) deployments, the new SpeedLIGHT16 and SpeedLIGHT32 greatly improves the ability of service providers to deliver the bandwidth their customers need both now and in the future. Using Novera Optics λ-PON™ (Lambda-PON) DWDM FTTx technology, SpeedLIGHT eliminates the need for expensive, wavelength-specific optical network units (ONUs) and does away with the problems of bandwidth sharing, bandwidth upgrades, and mixed-service delivery on a passive optical network (PON).

To learn more about SpeedLIGHT, visit the Novera Optics Web site at http://www.noveraoptics.com/technology/speedlight.php.

Novera Optics, Inc.
2620 Augustine Drive, Suite 101
Santa Clara, CA 95054
(408) 496-6550 (main)
(408) 496-6850 (fax)

Novera Optics' SpeedLIGHT™ Offers a Future-Proof Transport Platform for FTTx Using DWDM PON Transport Technology

SANTA CLARA, Calif. -- May 30, 2006 -- Novera Optics today announced the release of SpeedLIGHT™, a new transport platform for fiber-to-the-x (FTTx) deployments, which greatly improves the ability of service providers to deliver the bandwidth their customers need now and in the future.

Using Novera Optics Lambda-PON™ dense wave division multiplexing (DWDM) FTTx technology, the SpeedLIGHT transport platform eliminates the need for expensive, wavelength-specific optical network units (ONUs) and does away with the problems of bandwidth sharing, bandwidth upgrades, and mixed-service delivery on a passive optical network (PON).

Based on Lambda-PON™, the new SpeedLIGHT™ systems and modules enable a wide range of differentiated, dedicated, point-to-point connectivity services by providing an easy upgrade path, symmetrical downstream and upstream bandwidth, and multiprotocol transparency to allow any protocol and any data rate to be carried over the same fiber infrastructure.

Novera Optics' Lambda-PON™ technology automatically allocates a separate pair of wavelengths to each broadband subscriber and thus enables 125 Mbits/sec or more of dedicated bandwidth to be delivered per subscriber or ONU. Protocol- and bit-rate-independent, Lambda-PON™ supports the transport of any service or mix of services at any bit rate.

SpeedLIGHT products use this automatic wavelength-locking technology and colorless DWDM ONU transceivers, greatly simplifying inventory management for carriers and enabling plug-and-play flexibility in the field. Security is significantly improved, as well. With traditional PONs, encryption is required because each ONU receives the same shared signal due to the power splitter in the signal path. By contrast, SpeedLIGHT provides a dedicated optical point-to-point connection between the subscriber and the central office, so unwanted information sharing is eliminated.

"Sharing bandwidth is a huge issue in traditional PONs, as they inherently limit applications on the edge of the customer premises," said Bernd Hesse, vice president of marketing and business development at Novera Optics. "With the rapid growth in services from VoIP to multiplayer gaming to video streaming, the only transport platform that makes sense as a future-proof investment is one that combines simplicity, security, scalability, and the versatility to deliver any service at any time. This is exactly what SpeedLIGHT products and our \0x00-PON™ technology deliver today."

Novera Optics' SpeedLIGHT products are being offered in both modular form, for integration by system vendors, and in complete system form for plug-and-play use by telecom carriers deploying FTTx broadband access technologies, for which SpeedLIGHT will reduce capital and operational expenditures.

Within the SpeedLIGHT product family, Novera Optics offers two versions. SpeedLIGHT16 provides 16 point-to-point bidirectional optical links with each optical link operating at a dedicated and symmetric 125-Mbps data rate enabling a total of 2.0 Gbps of bidirectional throughput along a single feeder fiber. SpeedLIGHT32 provides 32 point-to-point bidirectional optical links through a single feeder fiber for a total 4.0 Gbps symmetrical data rate. The SpeedLIGHT32 modules have already been commercially deployed for FTTH applications by LG Nortel in the Korea Telecom Network.

In addition to enabling more cost-effective and wide-ranging FTTx deployments, SpeedLIGHT products will be used to complement existing networks as a feeder for Fast Ethernet, DSLAMs, wireless access, and the FTTB/FTTC infrastructure. They can also be used as a stand-alone optical access solution to provide dedicated 125-Mbps fiber access to individual customers.

Novera Optics, Inc.
2620 Augustine Drive, Suite 101
Santa Clara, CA 95054
(408) 496-6550 (main)
(408) 496-6850 (fax)

Novera Optics Secures $7.4 Million of Funding in New Round

SANTA CLARA, Calif. -- March 6, 2006 -- Novera Optics, a developer of fiber optic access solutions, today announced that it has received $7.4 million in new funding to support its ongoing development of new FTTx products and penetration into global markets. Along with Enterprise Partners, which led the funding round, existing investors including Redpoint Ventures, Octane Capital Management, KTB Ventures, Meritech Capital Partners, and Saints Ventures participated to show their ongoing backing of Novera.

"It is gratifying to receive continuous support from our investors," said Dr. Yoon Kim, CEO and founder of Novera Optics. "This new financing signifies the investment community's confidence in Novera's ability to provide exceptional cutting-edge, cost-effective FTTx solutions."

Last year Novera Optics delivered more than 50,000 lines of its new wavelength division multiplexed (WMD) transport technologies to Korea Telecom. The state-of-the-art products in this high-volume commercial deployment will be used in fiber-to-the-home (FTTH) and fiber-to-the-curb (FTTC) applications.

"We are very pleased to have led this round of funding for Novera; they have certainly earned our trust over the years," said Bill Stensrud, general partner of investment firm Enterprise Partners. "Novera has not only been able to survive the tough times in the telecom market, it has managed to re-emerge as a lean and innovative company offering one of the most exciting solutions in FTTx."

In another move to support its growth, Novera Optics will be moving from its present location in Palo Alto to larger offices in Santa Clara, in the heart of Silicon Valley, on March 6, 2006. The company's new address will be:

Novera Optics, Inc.
2620 Augustine Drive, Suite 101
Santa Clara, CA 95054
(408) 496-6550 (main)
(408) 496-6850 (fax)

Novera Optics Appoints Bernd Hesse as VP of Marketing and Business Development

PALO ALTO, CA (USA) - February 14, 2006 - Novera Optics, a developer of fiber optic access solutions, has appointed telecommunications industry veteran Bernd Hesse as vice president of marketing and business development. Hesse's experience with passive optical networks (PONs) is a valuable new resource in advancing Novera Optics' successes in solving bandwidth access challenges with its next-generation point-to-point connection solutions.

"Bernd is an expert both in the use of fiber optic technologies in the telecommunications sphere and in the business development of young companies such as ours," said Dr. Yoon Kim, CEO and founder of Novera Optics. "As we continue our already-successful efforts in developing cutting-edge, cost-effective FTTx solutions, Bernd's leadership will serve us well in many capacities."

Hesse brings to Novera Optics more than 20 years of accomplishments in the international telecommunications market. In his previous position as director of marketing for Centillium Communications, Hesse led the product management and marketing activities of the company's new optical business unit for EPON and transceiver chips. Earlier positions include cofounder and vice president of business development at optical switch developer Optunix (now FiberZone Networks) and optical market development manager in Cisco Systems' SPLOB (Service Provider Line of Business).

Hesse was also founder and principal of HB Consulting, providing marketing and business development support to startup companies. Before launching the company in 1998, he spent nearly a decade with Raynet International GmbH and Ericsson Inc., which acquired Raynet in 1995. As Raynet's senior project manager, Hesse was responsible for the successful first deployment of PON technology, which included hundreds of thousands of subscribers. Hesse holds a Master's degree in telecommunications from the University of Siegen, Germany.

"When I first saw the compelling solution that Novera Optics is developing, my experience in the telecommunications access and PON market convinced me that the company is poised to have a major influence on this fast-growing industry," said Hesse. "Today's access challenges revolve around the difficulty of accurately predicting how much bandwidth telecommunications providers will need on the edge of their networks. The best solution is clearly point-to-point access, which the Novera Optics solution provides over a physical infrastructure based on a point-to-multipoint connection. I'm very excited to join Novera Optics as the company starts to make a real difference in the industry."



Company Background

About Novera Optics, Inc.
Novera Optics is focused on developing low-cost, high-performance optical access solutions to overcome the bandwidth bottlenecks in last-mile networks. In its early years it developed Dynamic Gain Equalization (DGE) products based on its proprietary and extensively patented all-fiber Acousto-Optic Tunable filter (AOTF) technology. Today, its advancements in developing Wavelength Division Multiplexed Passive Optical Network (WDM-PON) transport technologies are positioning Novera Optics as a leader in cutting-edge enhanced performance solutions for FTTx applications.

Novera Optics' next-generation transport platform is predicated on four features: simplicity of setup, operation, maintenance, and troubleshooting of color-free optical networking units; security thanks to its point-to-point lambda connections and top-flight QOS; scalability with future bit-rate updates and ability to deliver mixed bit-rates from Mbps to Gbps; and service independency that offers increased revenue opportunities with mixed-service capabilities over a single infrastructure.

Founded in 1999, Novera Optics has an office in Palo Alto, Calif., and a wholly owned subsidiary in Daejeon, South Korea. For more information please contact +1 (650) 324-8780, extension 303.

Editorial Contacts:

Company Contact:
Novera Optics
Bernd Hesse
VP Marketing and Business Development
Tel: +1 (650) 324-8780, Ext. 303
bernd.hesse@noveraoptics.com

Agency Contact:
Wall Street Communications
Rae Morrow
Tel: +1 (775) 626-7722
rae@wallstreetcom.tv

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