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Press Release

June 9, 2003 - FONEX DATA and Wave7 Optics Ink Agreement to Sell Fiber-to-the-Home and –Business Networks in Canada

Last Mile Link® System from Wave7 Provides the Industry’s Most-Advanced Optical Broadband Voice, Video and Data Services

ALPHARETTA, GA and MONTREAL, QUEBEC -- June 9, 2003: Wave7 Optics, Inc. and FONEX DATA Systems, Inc. today announced an agreement that establishes FONEX DATA as a non-exclusive Value-Added Reseller (VAR) of the Last Mile Link® fiber-to-the-home and -business system throughout Canada. FONEX DATA provides a wide-variety of integration, design and support services to a diverse set of network operators, including: ILECs, MSOs, CLECs, ISPs and CAPs, and their expertise covers a broad range of local, wide and metro area networks.

“The reseller agreement with Wave7 represents a great opportunity for FONEX DATA to offer the most innovative optical solution available today for last-mile broadband access,” said Pasquale Di Pierro, President, FONEX DATA. “Given its ‘future-proof’ features and low ‘first costs,’ the Last Mile Link is well matched to the urban and rural broadband initiatives of the Canadian government and the requirements of existing service providers.”

The Wave7 Optics advanced IP (Internet protocol) and Ethernet standards-based optical access solution provides, over a single fiber, video (analog, digital and/or IP streaming), high-speed data (e.g., Internet service), “carrier-grade” telephony services (VoIP or circuit-based, including fax) and TDM synchronous circuits (including T1s or E1s). The system includes customer premise equipment (the Last Mile Gateway® series) optimized for businesses, single-family residences and multi-dwelling units and it supports a bi-directional data rate of 500 Mb/s per subscriber.

“FONEX DATA’s long and impressive track record in providing telecommunications and networking products to service providers throughout Canada make them an ideal partner for us in that country,” said Tom Tighe, President and CEO, Wave7 Optics.


About FONEX DATA

FONEX DATA Systems Inc. is a value-added distributor (VAD) and network integrator focused on serving the needs of customers in Canada who own and operate telecommunication network infrastructures for their own internal requirements or for providing Carrier services for resale. Typical customers include Canadian Telcos, CAPs, Cable Providers, ISPs, CLECs, Utilities, and other vertical markets with access to campus-wide or metropolitan area networks (MANs). Founded in 1989, with offices in Montréal, Toronto and Vancouver, FONEX (Fiber Optic Network EXpertise) DATA Systems Inc. focuses on the access network and native speed LAN Extension using single mode fiber optic technology that can be deployed in point-to-point or multipoint network configurations within the confines of metropolitan areas. Web site: www.fonex.com

About Wave7 Optics

Wave7 Optics, Inc. is a market leader in the fiber-to-the-home and business (FTTX) optical access market. The company's Last Mile Link® "active PON" optical access system effectively overcomes the cost and implementation barriers that have to date stymied the deployment of FTTX systems.

Wave7 Optics has pioneered the first intelligent PON (passive optical network) system, which is effectively a generation ahead of comparable PON technologies in both cost and capability. The IP- (Internet Protocol) and Ethernet-standards based Last Mile Link product suite provides a "triple play" of voice, video and very high-speed data services to residential, business and multi-tenant or multi-dwelling building customers. The Last Mile Link offers service providers a particular advantage with regards to video in that it is the only platform that supports upstream and downstream RF broadcast signals and readily accommodates HDTV.


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

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