Press Release

February 15, 2005 - Wave7 Optics Adds Scott Madigan to Company’s Technical Advisory Board

ATLANTA – February 10, 2005 -- Wave7 Optics Inc., the world’s leading supplier of point-to-multipoint Ethernet FTTP (fiber-to-the-premises) systems for residential and business services, today announced the appointment of Scott Madigan to the company’s Technical Advisory Board (TAB). Mr. Madigan is the President of Tphone.US, an Atlanta-based CLEC and ISP serving multi-tenant residential properties and small-to-medium sized businesses in the Atlanta area, with plans to expand throughout the Southeast U.S.

The TAB assists company management with the identification of new market opportunities, better serving existing markets and enhancing the company’s industry-leading Last Mile Link FTTP network system.

“We are glad to have Scott on board as he has extensive experience with leading-edge technologies and services,” said Tom Tighe, CEO of Wave7 Optics. “His direct involvement over the years with many types of carriers will help both our sales and product development teams.”

Before co-founding Tphone.US in March 2003, Mr. Madigan served for four years as EVP of Business Development for World Access, Inc. Previously, he held senior positions at DSC Corporation and NORTEL.

About Wave7 Optics
Wave7 Optics (www.wave7optics.com) has established itself as an industry leader in optical broadband access systems with an expanding FTTP product portfolio featuring a variety of architectural options, based on Ethernet and IP or ATM standards, for "triple play" voice, video and data services. The company's patented Last Mile Link system is rapidly gaining market share around the world with service providers in the IOC, CLEC, MSO, municipal, real estate development and utility categories.


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