March 15, 2000

C-COR.net and Finisar Corporation Announce Agreement to Co-Develop Advanced Fiber Optic Products

STATE COLLEGE, Pa., March 15 /PRNewswire/ -- C-COR.net (Nasdaq: CCBL) and Finisar Corporation announced today their agreement to co-develop a set of fiber optics-based products for active or passive broadband Hybrid Fiber-Coax (HFC) networks. These fiber optics-based products can be deployed throughout HFC networks at optical node locations, primary/secondary hub sites and primary headends, to facilitate residential and commercial broadband access service.

This co-development initiative will combine C-COR.net's extensive RF (Radio Frequency), optics, Internet and systems integration experience with Finisar's optical and digital integration expertise. Product design will include the capability for expansion and support of services such as Fast Ethernet over the broadband network and distributed CMTS (Cable Modem Termination System) like functions supported by C-COR.net's patented SPRouter(TM) architecture. (The SPRouter(TM) architecture is a distributed switching/routing HFC transport architecture that maximizes the digital service bandwidth available to each user by bounding the scope of data contention networks for packet services. This translates into a greater quantity of concurrent service delivery. The potential strategic and tactical benefits enabled by the SPRouter(TM) architecture are primarily in the areas of noise reduction, redundancy/reliability, infrastructure security, service deployment flexibility, and the overall positioning of broadband access relative to the evolving Internet core.)

The initial product release is scheduled for June 2000. These phase one transceiver, receiver and multiplexer modules are expected to enhance and facilitate the transmission of the return-path signals using digital technology.

Commenting on this new agreement, Larry Fisher, Vice President of Advanced Technology at C-COR.net, stated, "The development of these new products follows closely behind the successful delivery and demonstration at the 1999 Western Show of C-COR.net's digital return utilizing Finisar's state-of-the- art subsystem components. These `Western Show' products are only the first phase in the development of SPRouter(TM) compliant products. By utilizing these new technologies, C-COR.net and Finisar expect to move signal traffic control functions closer to the edge of the network, further enhancing the operational aspects and efficiency of the HFC network."

Frank Levinson, CTO of Finisar, concurred. "We are pleased with C-COR.net's validation of our technical approach. Digital return-path links achieve levels of performance that are comparable to analog DFB (Distributed Feedback) laser links, but they are less susceptible to signal degradation due to fiber length, connector or splice losses, and variations in temperature and voltage. We expect these digital return products to contribute important improvements to the performance and economics of bi-directional cable systems."

About C-COR.net

C-COR.net provides products and services through three operational groups in support of customers as they plan, design, build and maintain complex broadband communications networks. C-COR.net's Telecommunications Group develops and is a global supplier of high-quality RF and advanced AM (Amplitude Modulation) fiber optic distribution electronics for two-way HFC networks. C-COR.net's newest fiber optic products, the Mux Node and Mini Fiber Node, facilitate evolving fiber-rich architectures to deliver analog video, digital video, high-speed data and telephony applications over cable, and support advanced technologies, such as Dense Wavelength Division Multiplexing (DWDM). C-COR.net is currently supplying Mux and Mini Fiber Nodes to HFC systems in three U.S. cities.

C-COR.net's Broadband Management Group and Technical Services Group, together, offer comprehensive customer service for the full HFC broadband network life cycle. The Broadband Management Group enables and manages new service applications over cable, offering high-speed data certification, system integration services, data security solutions, and network management services. C-COR.net's Technical Services Group provides customer support coast-to-coast in the areas of network engineering and design, system activation, network optimization, and system maintenance.

About Finisar Corporation

Finisar Corporation (Nasdaq: FNSR) is a leading provider of fiber optic subsystems and network performance test systems that enable high-speed data communications over Gigabit Ethernet local area networks (LANs), Fiber Channel storage area networks (SANs), metropolitan data network applications (MANs), and CATV. 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 operations are located at 1308 Moffett Park Drive, Sunnyvale, Calif., 94089. For more information, visit the Company's Web site at http://www.finisar.com.

C-COR.net's headquarters is in State College, Pennsylvania, with production and service facilities in State College and Tipton, Pennsylvania; Tijuana, Mexico; Santa Clara, California; Suwanee, Georgia; Lakewood, Colorado; and Riverside, California. C-COR.net also maintains offices in Almere, The Netherlands, and Hong Kong. C-COR.net's common stock is listed in the Nasdaq National Market under the symbol CCBL. C-COR.net's website is http://www.c-cor.net.

Some of the information presented in this announcement, including, but not limited to the Company's expectations in connection with the Company's strategic plan and its ability to successfully implement its agreement with Finisar Corporation, constitutes forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although the Company believes that its expectations are based on reasonable assumptions within the bounds of its knowledge of its business and operations, there can be no assurance that actual results will not differ materially from its expectations. Factors which could cause actual results to differ from expectations include the ability to integrate the businesses of the Company's recent acquisitions; the successful implementation of the agreement with Finisar; the timing of orders received from customers; the gain or loss of significant customers; changes in the mix of products sold; changes in the cost and availability of parts and supplies; fluctuations in warranty costs; the Company's ability to implement its strategies of product, service, and global market expansion; the Company's ability to successfully develop new products and services and enhance existing products and services; economic conditions affecting domestic and international markets; regulatory changes affecting the telecommunications industry, in general, and the Company's operations, in particular; competition and changes in domestic and international demand for the Company's products; continued successful implementation of Year 2000 measures; and other factors which may impact operations and manufacturing. For additional information concerning these and other important factors which may cause the Company's actual results to differ materially from expectations and underlying assumptions, please refer to the reports filed by the Company with the Securities and Exchange Commission. SOURCE C-COR.net


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