HIGHWAVE OPTICAL TECHNOLOGIES

Founded in 1998, Highwave Optical Technologies is the European leader in the development, production and marketing of optical components and DWDM (Dense Wavelength Division Multiplexing) subsystems for the telecommunications industry. (DWDM is an advanced technology that increases the capacity of telecom networks). The company is based in Lannion, France. Following an initial public offering in June 2000, shares in Highwave Optical Technologies are traded on Paris Euronext (HGWO).