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September 17, 2003 at 12:00 AM EDT

Finisar Named Optical Supplier of the Year by Cisco Systems

SUNNYVALE, CA, Sep. 17, 2003 (MARKET WIRE via COMTEX) --

Finisar Corporation (NASDAQ: FNSR), a technology leader in Gigabit fiber optic solutions for high-speed data networks, today announced it has received the "Optical Components Supplier of the Year Award" from Cisco Systems, Inc. Cisco Systems, a worldwide leader in networking for the Internet, has been working with Finisar developing applications for optical communication networks.

The supplier appreciation awards are presented in several product categories and are open to all suppliers who provide materials or services to Cisco manufacturing. A panel of representatives from Cisco's Supply Management organizations selected recipients of the 2003 Cisco Supplier Appreciation Awards.

"Finisar was recognized as the optics supplier of the year for 2003 based on continuously meeting our expectations in the areas of quality, flexibility, response, value, service and support," said Linda Park, vice president of supply chain management, Cisco Systems, Inc. "We appreciate Finisar's effort in supporting Cisco's business requirements and in demonstrating technology leadership."

"This optics supplier of the year award echoes Finisar's commitment to providing excellent service to our customers, and helping them achieve success," said Jerry Rawls, Finisar's president and chief executive officer. "We are proud to receive this recognition from Cisco and will continue to build quality optical-devices to help Cisco achieve new levels of performance in optical networking solutions."

About Finisar

Finisar Corporation (NASDAQ: FNSR) is a technology leader for fiber optic subsystems and network performance test 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) using IP and SONET/SDH-based protocols. The Company's headquarters is in Sunnyvale, California, USA.

SOURCE: Finisar Corporation

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