February 10, 2003

Finisar Corporation Schedules Release of Third Quarter Fiscal Year 2003 Financial Results

Sunnyvale, CA -- (Internet Wire) – February 10, 2003 – Finisar Corporation (Nasdaq: FNSR), a technology leader in gigabit fiber optic solutions for high-speed data networks, will release third fiscal quarter financial results for the period ending January 31, 2003, at the close of market on Tuesday, March 4, 2003. The announcement will be followed by a conference call 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. A replay of the webcast will be available shortly after the conclusion of the call on the Investors section Webcast Archive page.

An audio replay of the call will be accessible to the public by calling 877-519-4471 (domestic) or 973-341-3080 (international), conference ID# 3746963. The replay will be available for two weeks following the call.

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). The Company’s headquarters is in Sunnyvale, California, USA. www.finisar.com.


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