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Press Release

June 9, 2003 - Wave7 Optics Granted “Rural Utilities Service (RUS) Acceptance” Status by U.S. Government

Rural Service Providers Can Now Leverage Government Funds to Purchase Last Mile LinkŪ Fiber-to-the-Home System for the Industry’s Most Advanced Optical Broadband Services

ALPHARETTA, GA -- June 9, 2003 -- Wave7 Optics today announced that their Last Mile LinkŪ (LML) fiber-to-the-home network system has gained "Acceptance" from the Rural Utilities Service, an agency of the United States Department of Agriculture. All network elements of the LML product family now appear on the RUS List of Materials Acceptable for Use on Telecommunications Systems of RUS Borrowers under “Access equipment.”
RUS Access Equipment

Products accepted by RUS must demonstrate compliance to federal regulatory requirements as well as industry standards, such as ISO 9001-2000 quality assurance and reliability criteria. Rural telecommunications services providers (including Internet service providers) and utility companies may use RUS loan funds to purchase network equipment appearing on this List.

"We are very pleased to achieve another key milestone for the LML," said Michael Wearsch, VP of Sales, Wave7 Optics. "We look forward to working with other rural telephone and utility companies who now have further incentive to consider our unique solution when they are going out to bid for residential and business broadband networks.”

RUS provides rural utility companies with low-interest financing for the purchase of telecommunications equipment from the RUS List of Acceptable Materials. The dedicated borrowers of the RUS have been providing solutions to problems associated with serving rural America for more than 50 years. Rural carriers are providing more broadband access and a higher deployment rate of access and advanced services every day.

For instance, rural network operators in Illinois, Indiana, Massachusetts, Missouri, and other states are already installing the LML. The LML is an IP (Internet protocol) and Ethernet standards-based optical access system that provides all traditional “carrier-grade” telephone services (including fax), high-speed data (e.g., Internet service) and both analog and digital video (including IP streaming video). Featuring industry-leading privacy and security encryption techniques and industry-leading “quality of service” mechanisms designed for business applications, the LML overcomes the high-fiber counts, limited distance range and high central office equipment costs that have stymied the growth of FTTx systems.

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 LinkŪ "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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