February 12, 2002

Finisar Corporation Schedules Conference Call for Release of Financial Results for Third Quarter of Fiscal 2002

Sunnyvale, CA - February 12, 2002 - Finisar Corporation (Nasdaq: FNSR), a technology leader in gigabit fiber optic solutions for high-speed data networks, will release financial results for the third fiscal quarter ending January 31, 2002 at the close of market on Wednesday, February 27, 2002. 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 at the Company's web site, on the Investors section Overview page, at www.finisar.com. A replay of the webcast will be available 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# 3073942. 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 which enable high-speed data communications over Gigabit Ethernet local area networks (LANs), Fibre Channel storage area networks (SANs), and metropolitan area networks (MANs). The Company is focused on the application of digital fiber optics to provide a broad line of high-performance, reliable, value-added optical subsystems for networking and storage equipment manufacturers. The Company's headquarters are located at 1308 Moffett Park Drive, Sunnyvale, CA 94089. For more information, visit the Company's web site at http://www.finisar.com.


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