SOURCE: Finisar

September 10, 2007 08:00 ET

Finisar Ships Industry's First Fabry-Perot Laser Diode Optical Components for 10GBASE-LRM Applications

New Transmitters and Receivers Offer Superior Performance, Low-Power, and Better Control Compared to Distributed Feedback Lasers

SUNNYVALE, CA--(Marketwire - September 10, 2007) - Finisar Corporation (NASDAQ: FNSR), the world leader in fiber optic solutions for high speed communication networks, today announced availability of the industry's only transmitter and receiver optical subassembly pairs (TOSA/ROSA) for the IEEE 10GBASE-LRM standard using Fabry-Perot lasers and PIN detectors. Several innovations introduced with these devices extend performance, conserve power, and expand control. Demonstrations will be held in Finisar's booth #17048 at ECOC, September 17-19, 2007.

To date, LRM products on the market have been based on more expensive and power hungry Distributed Feedback Lasers (DFB). Finisar's Advanced Optical Components TOSA utilizes Fabry-Perot laser diodes which are inherently less expensive but still able to meet all the performance requirements of the IEEE 10GBASE-LRM standard. In addition, Fabry-Perot laser diodes substantially reduce overall transceiver power consumption.

Within the ROSA, automatic gain control and receive-signal detect capabilities enable developers to optimize individual link performance and implement intelligent fault detection. Within the TOSA, a unique impedance matching network reduces power consumption. Additionally, the TOSA and ROSA are offered in two connector options (SC and LC) and include a flex circuit for simplified electrical connectivity.

"Our Fabry-Perot-based products continue Finisar's tradition of offering high reliability, competitive pricing, and high-volume manufacturing while meeting customers' stringent performance requirements," said Dr. Jim Tatum, director of marketing for Advanced Optical Components at Finisar. "These new 1310 nm LRM subassemblies are important additions to Finisar's existing portfolio of 850nm short reach products. They further enhance Finisar's position as a market leader in short-reach optical subassemblies."

The 10Gb LRM TOSA and ROSA pairs are available today for evaluation or high-volume production. Custom solutions are also available. For more information about these products, including application notes and supporting technical data visit www.finisar.com/aoc.php or call 1-866-MY-VCSEL.

About Finisar

Finisar Corporation (NASDAQ: FNSR) is a global technology leader for fiber optic components and subsystems and network test and monitoring systems. These products enable high-speed voice, video and data communications for networking, storage and wireless applications over Local Area Networks (LANs), Storage Area Networks (SANs), and Metropolitan Area Networks (MANs) using Ethernet, Fibre Channel, IP, SAS, SATA and SONET/SDH protocols. The Company is headquartered in Sunnyvale, California, USA. More information can be found at www.finisar.com.

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The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding Finisar's expectations, beliefs, intentions, or strategies regarding the future. All forward-looking statements included in this press release are based upon information available to Finisar as of the date hereof, and Finisar assumes no obligation to update any such forward-looking statements. Forward-looking statements involve risks and uncertainties, which could cause actual results to differ materially from those projected. These risks include those associated with the rapidly evolving markets for Finisar's products and uncertainty regarding the development of these markets; Finisar's historical dependence on sales to a limited number of customers and fluctuations in the mix of customers in any period; ongoing new product development and introduction of new and enhanced products; the challenges of rapid growth followed by periods of contraction; and intensive competition. Further information regarding these and other risks relating to Finisar's business is set forth in Finisar's Annual Report on Form 10-K and other interim reports as filed with the Securities and Exchange Commission.

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