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Press Release

December 5, 2002 - Hitachi Kokusai and Wave7 Optics Alliance Delivers Revolutionary Last Mile Access System to Japanese and Korean Markets

Strategic Partnering Offers Innovative Solutions for Fiber-to-the-Home and Fiber-to-the-Business

Broadband Plus, Anaheim CA--12/4/02—Hitachi Kokusai Electric, Inc. and Wave7 Optics, Inc. are pleased to announce that they have formed a multi-faceted strategic alliance whereby Hitachi Kokusai will market and sell the Wave7 Optics Last Mile LinkTM optical access system in the Asian Market. The two companies will also cooperate in the development of new and innovative customer premise solutions designed to cost effectively accommodate the varying needs of world-wide markets.

“Wave7 Optics offers the most innovative solution available today in last mile optical access. The Last Mile LinkTM system will allow Hitachi Kokusai Electric to offer our customers high-speed data, voice, digital or analog video, video on IP, and TDM synchronous circuits, including T1s or E1s over a single fiber. This alliance will provide network operators with an access architecture that is future proof while still remaining practical to deploy today,” stated Isao Ozaki, Chief Operating Officer of the Yagi Antenna Division of Hitachi Kokusai. “Leveraging Hitachi Kokusai’s infrastructure and its leadership position in CATV systems, broadcasting equipment, communication and information systems and semiconductors with Wave7 Optics’ unique approach to standards-based IP networking creates a truly flexible platform that supports the broadest possible variety of advanced applications.”

The Wave7 Optics advanced optical access system provides video (analog and digital, including IP streaming), high-speed data and telephony services (IP-based or circuit-based) to subscribers with a bi-directional data rate of 500 Mb/sec/subscriber. The Wave7 Optics architecture overcomes the high fiber counts, limited distance range and high equipment costs of competing FTTX solutions, such as passive optical networks (PONs). The solution is standards-based, cost-competitive, and includes quality-of-service prioritization of data packets with a proprietary protocol for enhanced features. A number of highly innovative additions to the Wave7 Optics product suite are anticipated to come out of the Hitachi Kokusai-Wave7 Optics alliance.

“Our partnership with industry-leading Hitachi Kokusai will allow us to offer our ground-breaking FTTX products to customers in the Asian Market which we view as extremely strategic,” said Thomas Tighe, President and CEO of Wave7 Optics. “Furthermore, by leveraging Hitachi Kokusai’s world class development capabilities we will look to enhance the flexibility and cost effectiveness of our access solution in a variety of applications.”

About Hitachi Kokusai Electric
Hitachi Kokusai Electric Inc. is a subsidiary of Hitachi, Ltd., headquartered in Tokyo, Japan, and one of the world's leading global electronics companies, with fiscal 2000 ( ended March 31, 2001 ) consolidated sales of 8,417 billion yen ( $67.9 billion ). The company manufactures and markets a wide range of products, including computers, semiconductors, consumer products and power and industrial equipment.
To learn more about Hitachi Kokusai visit www.h-kokusai.com
To learn more about Hitachi, Ltd visit http://global.hitachi.com

About Wave7 Optics
Wave7 Optics, Inc., a privately held company headquartered in Alpharetta, Georgia, is a industry leading manufacturer of the Last Mile LinkTM fiber-to-the-home and -business (FTTX) optical access system for video, high-speed data and telephony signals that resolves the “last mile” bandwidth dilemma. The Wave7 Optics network architecture effectively overcomes traditional cost and implementation barriers to FTTX-based solutions using a combination of innovative technology and creative applications of existing technologies. Additional information about Wave7 Optics is available at www.wave7optics.com.

For more information please contact emmanuel.vella@w7optics.com.

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