January 21, 2009

Finisar Introduces WaveShaper, the Industry's First Programmable Optical Processor Family for the Optical Instrumentation Market

New Optical Processors Bring Advanced Filtering and Switching Capabilities to DWDM and Other Optics Applications

SUNNYVALE, CA, Jan 21, 2009 (MARKET WIRE via COMTEX News Network) -- FOE Tokyo -- Finisar Corporation (NASDAQ: FNSR) today introduced WaveShaper, a family of programmable optical processors, at the Fiber Optics Expo in Tokyo. These dynamically reconfigurable optical processors can produce highly flexible wavelength switching and filtering that is critical in DWDM system and component testing, optical pulse shaping and control, and general optics research and development. It is well-suited for telecom equipment and systems manufacturers, R&D laboratories, and universities.

Based on Finisar's internally developed Liquid Crystal on Silicon (LCoS) technology, the WaveShaper processor family comprises the WaveShaper 1000E Programmable Optical Filter and the WaveShaper 4000E Multiport Optical Processor. Both instruments provide extremely fine control of optical filtering and attenuation to combine the functionality of multiple optical instruments into a single, high-performance platform. In addition, the WaveShaper 4000E Multiport Optical Processor can generate the dynamically reconfigurable filter profiles required for switching channels in a Wavelength Selective Switch (WSS), greatly extending the range of functions and tests available to users. Key features common to all members of the WaveShaper family include:

--  Adjustable center frequency over a 4 THz optical range for both C and
    L bands;
--  High extinction ratio (typically > 50dB) to remove unwanted signals
    and maintain accuracy;
--  Independently programmable amplitude and phase to enable users to
    create custom filters;
--  Alignment to ITU grid for simplified testing of DWDM transmission
    channels; and
--  Support for both narrow-band (DWDM) and broad-band (short pulse)
    system testing.


"The precision and flexibility of the WaveShaper 4000E is remarkable," said Professor Arthur Lowery of Monash University, Australia. "While there are other optical processors on the market, none of them offer the control, programmability, or switching capabilities provided by Finisar's WaveShaper."

Finisar acquired the WaveShaper portfolio during its recent merger with Optium as part of efforts to expand its product portfolio beyond Finisar's traditional markets. "WaveShaper represents a timely opportunity for Finisar to leverage our unique technological capabilities into the Optical Instrumentation market," said Simon Poole, Director of New Business Ventures for Finisar Australia. "With the WaveShaper family of products we are redefining the capabilities for optical wavelength processing in R&D and product testing environments."

The WaveShaper 1000E and WaveShaper 4000E are shipping now. Finisar will demonstrate WaveShaper in booth #2-30 at FOE this week in Tokyo and at Photonics West booth #6605 in San Jose, California, January 27-29. For more information about the WaveShaper product family, contact Finisar Corporation at +1-408-548-1000, send email to sales@finisar.com or visit www.finisar.com/WaveShaper.

About Finisar

Finisar Corporation (NASDAQ: FNSR) is a global technology leader for fiber optic subsystems and network test systems that enable high-speed voice, video and data communications for networking, storage, wireless, and cable TV applications. For more than 20 years, Finisar has provided critical optics technologies to system manufacturers to meet the increasing demands for network bandwidth and storage. Finisar is headquartered in Sunnyvale, California, USA with R&D, manufacturing sites, and sales offices worldwide. For additional information, visit www.finisar.com.

SAFE HARBOR UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

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. 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. Examples of such risks include those associated with the rapidly evolving markets for Finisar's products, uncertainty regarding customer acceptance, significant investments which may be required in ramping production or delays which could limit Finisar's ability to realize the full benefit of introducing new products and the impact of new technologies and enhanced products by Finisar or its competitors. Further information regarding these and other risks relating to Finisar's business is set forth in Finisar's most recent annual filing on Form 10-K and interim SEC filings.

MEDIA CONTACT:
Victoria McDonald
Finisar Corporation
(408) 542-4261
victoria.mcdonald@finisar.com


SOURCE: Finisar

mailto:victoria.mcdonald@finisar.com

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