Finisar Corporation Schedules Conference Call and Webcast for Fiscal Third Quarter Results March 5, 2007

SUNNYVALE, CA -- (MARKET WIRE) -- February 22, 2007 -- Finisar Corporation (NASDAQ: FNSR), a technology leader in gigabit fiber optic solutions for high-speed data networks, has scheduled the release of its fiscal third quarter financial results for the period ended January 28, 2007, at the close of market on Monday, March 5, 2007. The announcement will be followed by a conference call with analysts at 2:00 p.m. PST/5:00 p.m. EST.

A live webcast of the call will be accessible to the public on the Company's web site at www.finisar.com, on the events page of the investor section. A replay of the webcast will be available shortly after the conclusion of the call on the webcast archive page of the investor section.

An audio replay of the call will be accessible to the public by calling (877) 660-6853 (domestic) or (201) 612-7415 (international), and then following the prompts to enter account number 2791 and conference ID 232286. The replay will be available for two weeks following the call.

About Finisar

Finisar Corporation is a technology leader for fiber optic subsystems and network test and monitoring systems. These products enable high-speed data communications for networking and storage applications over Gigabit Ethernet local area networks (LANs), Fibre Channel storage area networks (SANs), and metropolitan area networks (MANs) Fibre Channel, IP, SAS, SATA and SONET/SDH-based protocols. The Company's headquarters is in Sunnyvale, California, USA. www.finisar.com

Contact Information: Contact: Steve Workman Investor Relations 408-542-5050 investor.relations@finisar.com