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Press Release

December 5, 2002 - Hancock Telecom to Deploy Wave7 Optics FTTH Solution

Last Mile Link System to Serve Several Thousand Homes by 2004

ALPHARETTA, GA, December, 5, 2002: Leading provider of optical access equipment Wave7 Optics, Inc., has announced that their Last Mile LinkTM Fiber-to-the-Home system has been selected for deployment by Hancock Telecom of Maxwell, IN, to provide customers with voice and high-speed data services. Hancock will initially deploy the Last Mile Link to serve new homes in a variety of subdivisions in 2003 with plans to serve additional subdivisions through 2004. Hancock Telecom is the first incumbent telephone company in Indiana to provide “Fiber-to-the-Home to it’s subscribers.

“We are very pleased to have been selected by Hancock Telecom to provide voice, data, and other IP services to residential subscribers in Maxwell,” said Tom Tighe, CEO of Wave7 Optics. “As the incumbent provider of telephony service our superior Quality-of-Service capabilities and carrier-grade voice delivery was instrumental in keeping with Hancock Telecom’s commitment to provide cutting edge voice and data delivery to its customers while meeting the highest telecom quality standards.”

The Wave7 Optics advanced optical access system provides telephony (IP-based and circuit-based), high-speed data, and video (analog and digital, including IP streaming) services to subscribers with dedicated and on-demand symmetrical data rates of up to 500 Mb/sec/subscriber. The Last Mile Link architecture is standards-based, cost-competitive with current Hybrid Fiber Coax Networks, and includes industry-leading Quality-of-Service (QoS) mechanisms for enhanced features. The solution overcomes the high fiber counts, limited distance range and high equipment costs of competing FTTX solutions, such as passive optical networks (PONs).

“I especially like the single fiber design of the Last Mile Link System,” said Mike McCarley, Senior Outside Plant Engineer for Hancock Telecom. “It will save Hancock Telecom a lot of time and money in the deployment cycle.”

“Hancock Telecom is pleased to be partnering with Wave7 Optics in the deployment of our next generation FTTH network,” said Tim Hills, CEO of Hancock Telecom. “This FTTH deployment will result in our highest return on investment while fulfilling our commitment to bring next generation telecommunication services to the citizens of Maxwell, IN.”

About Hancock Telecom
Hancock Telecom is a progressive leader in communications and services rural communities in East-Central Indiana. Since its inception in 1950, the company has been an active community member that provides the latest in technology to its cooperative members. With its focus on customer care, the company continually grows to offer products and services to meet customers changing needs. For more information about Hancock Telecom, please visit www.teamhancock.com.

About Wave7 Optics
Wave7 Optics, Inc. is a market leader in the fiber-to-the-home and business (FTTX) optical access market. The Last Mile Link™ optical access system effectively overcomes traditional cost and implementation barriers to the bandwidth capacity bottleneck in the last mile of communications networks. Wave7 Optics’ innovative approach to optical access is a generation ahead of competitive PON technologies in both cost and capability. The Last Mile Link product suite provides solutions that specifically address residential, business and multi-tenant customers with a unifying architecture providing a complete triple play of voice, video, and data services. Additional information about Wave7 Optics is available on the web at www.wave7optics.com.

For more information please contact william.bryan@w7optics.com.

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