Press Release

October 5, 2005 - Pulaski Electric System Selects Wave7 Optics' New Trident7 Platform For FTTP Network Passing 4000 Homes and Businesses

LAS VEGAS - October 5, 2005 - Wave7 Optics Inc., a leading supplier of fiber-to-the-home and -premises (FTTH/FTTP) broadband network equipment for residential and business services, today announced that Pulaski Electric System of Pulaski, Tennessee has selected the Trident7 Optical Access Platform, a "universal PON" system introduced here at the FTTH Conference (booth 624), to build a new FTTP network designed to connect homes and businesses in Giles County, Tennessee, which includes the city of Pulaski.

Pending final Board approval, Pulaski Electric will begin construction in 2006 and will deploy the Trident7 as a GPON system.  Pulaski Electric will operate the network as both an ISP (Internet services provider) and a video services provider and initially plans to offer very high-speed data and analog RF with digital overlay video services.  The 4000 homes and businesses in the city of Pulaski will be the first served by the network, with service to customers outside the city limits to follow.

"We are undertaking this project because our customers have asked for a competitive choice for video and Internet services and we also expect a real benefit for regional economic development," said Greg Solomon, CIO of Pulaski Electric System.  "Furthermore, FTTP is a superior communication infrastructure and the Trident7 allows this technology to reach its potential.   We are very comfortable with Wave7's expertise and pleased with the relatively low upfront costs of deployment and we like the comfort of knowing that we will be deploying a fully compliant standards-based GPON system featuring an integrated RF return."

"We are proud to have been selected by Pulaski Electric and have taken note of how the Pulaski City Council and the Pulaski Electric Board of Directors have expressed enthusiastic support for the project," said Tom Tighe, CEO of Wave7 Optics.  "The Trident7 will deliver the ultimate in data and video services flexibility to Pulaski Electric and their customers."

In addition to ITU-T G.984 Gigabit-capable PON (GPON), the Trident7 system fully supports the IEEE 802.3ah Ethernet in the First Mile (EFM) standard as well as Wave7's widely deployed Ethernet Last Mile Link (LML) technology.

As Tennessee's oldest municipal electric system, and the first system in the state to receive power from the Tennessee Valley Authority, Pulaski Electric System (www.pulaskielectric.org) has a unique and unrivaled history of service.  Pulaski Electric System currently serves nearly 15,000 customers throughout Giles County, including the city of Pulaski and the communities of Lynnville, Elkton, Minor Hill and Ardmore.

Wave7 Optics 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 IP and Ethernet or ATM standards, for "triple play" voice, video and data services.  The company's patented Last Mile Link and Trident7 systems are gaining market share rapidly around the world with service providers in the IOC, CLEC, MSO, municipal, utility and real estate development categories.

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