Foxconn Signs to Partner With Finisar to Promote Laserwire(R) 10 Gbps Serial Interconnect

SUNNYVALE, CA and TAIWAN--(Marketwire - November 12, 2009) - Foxconn Technology Group and Finisar Corporation (NASDAQ: FNSR) today announced a strategic partnership agreement in which Foxconn will manufacture and sell Laserwire® connectors, adapters and cable assemblies. Laserwire is a family of 10 Gbps active optical and active copper cables designed to accelerate and support 10G Ethernet server connectivity. Introduced by Finisar in 2007, the extended Laserwire family consists of active cables, a high density electrical connector and 10G Ethernet adapter modules to facilitate adoption into legacy transceiver ports.

"We are excited to add Laserwire to our product portfolio," said Caesar Chen, Foxconn senior vice president of Cable R&D. "We have been following Finisar's progress with Laserwire since its debut and are looking forward to driving 10G Ethernet into LAN on Motherboard designs with this partnership."

"Laserwire enables us to provide low power and low cost 10GbE connectivity in the data center," said Barry Cioe, vice president of product management at Enterasys. "Its flexibility to connect to our XFP and SFP+ ports allows us to offer true plug and play across our entire product portfolio. Adding a second source to Laserwire will help drive the 10GbE ecosystem to adopt active cables into next generation network architectures."

"Finisar is thrilled to have Foxconn as an additional dependable provider for Laserwire products," said Jan Meise, director of strategic marketing at Finisar Corporation. "Foxconn has been a trusted leader in interconnect solutions for a long time and shares our vision of driving low power, low cost serial cables into next generation server connectivity. I have great confidence in their ability to support customers with the same level of service as Finisar."

For more information about Laserwire, visit www.laserwire.org or send email to: cables@finisar.com.

About Finisar

Finisar Corporation (NASDAQ: FNSR) is a global technology leader for fiber optic subsystems and components that enable high-speed voice, video and data communications for networking, storage, wireless, and cable TV applications. For more than 20 years, Finisar has provided critical optics technologies to system manufacturers to meet the increasing demands for network bandwidth and storage. Finisar is headquartered in Sunnyvale, California, USA with R&D, manufacturing sites, and sales offices worldwide. For additional information, visit www.finisar.com.

About Foxconn

Foxconn Technology Group is the partner of choice for all aspects of contract manufacturing services. Armed with its proprietary eCMMS business model and world leading IP portfolio, Foxconn has revolutionized the CEM/EMS/ODM industries since the turn of the century. Through its renowned offering of best speed, quality, engineering services, efficiency and value-add, Foxconn determines to make the comfort from environmental-friendly electronic products usage an attainable luxury for all mankind. Additional information is available at http://www.foxconn.com.

Contact Information: MEDIA CONTACTS: Victoria McDonald Finisar Corporation (408) 542-4261 victoria.mcdonald@finisar.com