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Press Release

January 23, 2006 - Wave7 Optics Names Jack Bryant VP of Worldwide Sales

ALPHARETTA, GA - January 23, 2006 -- Wave7 Optics today announced that Jack Bryant has joined the company as the new VP of Worldwide Sales.  Mr. Bryant was most recently President and Chief Executive Officer of Concurrent Computer Corporation (NASDAQ: CCUR), a leader in providing digital Video-On-Demand (VOD) systems to the broadband industry and real-time computer systems for military, aerospace and government applications.  Within the digital broadband market, Concurrent earned an Emmy Award for their VOD technology and built a leading VOD market share position through business with most of the major North American cable operators. 

Mr. Bryant has more than 23 years of telecommunications experience with Concurrent, Arris, General Instrument and Scientific Atlanta, which included sales, product management, marketing, engineering and technical support.  A native of Ohio, Mr. Bryant received a Bachelor of Science degree in Business Administration from the University of Akron and a Master of Business Administration from Emory University in Atlanta, Georgia. 

"Jack is a great fit for Wave7 as he has unparalleled experience in optical and other broadband network architectures and in the deployment of triple play services," said Tom Tighe, CEO of Wave7 Optics.  "In addition, Jack has worked before with the executive management team here.  Given these credentials and his strong track record managing large teams at some of the most successful companies in our industry, Jack is uniquely qualified to lead the global sales and market development efforts for Wave 7 Optics."

"In a relatively short period of time, Wave7 has created a leadership position in the rapidly evolving passive optical network market with major opportunities identified and underway throughout the world.  And with the recent introduction of the Trident7, the industry's first 'universal PON' FTTP platform supporting both the IEEE EPON standard and the evolving ITU GPON standard, Wave7 will address more market opportunities and grow commensurately," said Bryant.  "I look forward to working with the Wave 7 team to support service providers globally by successfully deploying triple play voice, video and data services with the Trident 7 platform and the successful Last Mile Link system." 

About Wave7 Optics 

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 rapidly gaining market share around the world with service providers in the IOC, CLEC, cable MSO, municipal, utility and real estate development categories.

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