Enablence Technologies Inc.

Enablence Technologies Inc.

June 05, 2007 12:31 ET

Enablence Graduates to Tier 1 Status on TSX-V

OTTAWA, ONTARIO--(Marketwire - June 5, 2007) - Enablence Technologies Inc. ("Enablence" or the "Corporation") (TSX VENTURE:ENA), a developer of Fiber-to-the-Home (FTTH) Transceivers for optical modems is pleased to report that at close of business on May 25th, 2007 the Toronto Venture Exchange issued a Bulletin confirming that effective Monday, May 28th, 2007, the Company's Tier Classification Status was upgraded from Tier 2 to Tier 1.

About Enablence Technologies Inc.

Enablence products are used in optical modems that are located inside the consumer's homes (i.e. for the delivery of high speed data/voice/video). Enablence designs and manufactures optical components, in particular triplexers and diplexers, using its proprietary Planar Lightwave Circuit (PLC) "Dispersion Bridge" platform, for the Fiber-to-the-Home (FTTH) market. These devices are filters that are embedded on a chip that are capable of processing optical signals at a low cost.

Forward Looking Statements

The statements in this press release may contain forward looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Corporation's expectations and projections. The TSX Venture Exchange has not approved this press release and does not accept responsibility for the adequacy or accuracy of this press release.

Contact Information

  • Enablence Technologies Inc.
    Arvind Chhatbar
    Chief Executive Officer