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For Immediate Release

Media Contact:
Amy Foschetti
Interprose PR
Phone: + 1 (703) 917-0972
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NanoOpto Announces Addition of Dr. Philip Anthony to Board of Directors

Industry expert adds depth to company’s leadership team

Somerset, New Jersey. November 11, 2002. NanoOpto Corp., which is applying proprietary nano-optics and nano-manufacturing technology to design and make components for optical systems and networks, announced today planned changes to its Board of Directors. Dr. Philip Anthony, an Executive in Residence at Storm Ventures, has joined the Board replacing Gary Shaffer of Morgenthaler Ventures.

The addition of Dr. Anthony is a planned progression to bring independent industry leaders onto the NanoOpto Board. This announcement is in alignment with the progress NanoOpto has made over the past year in closing A-round financing, completing construction of its state of the art nano-fabrication manufacturing facility, and shipping initial products to more than two dozen customers.

Dr. Anthony joined Storm Ventures in September 2002 as an Executive in Residence. Prior to joining Storm Ventures, he was the President of the Amplification Products Group of JDS Uniphase and was responsible for its optical amplifier, passive optical component, and integrated module businesses. Dr. Anthony joined JDS Uniphase in June 2000 when it acquired E-TEK Dynamics, where he was the VP of Engineering. Before E-TEK, Dr. Anthony was the Director of the Passive Devices and Integrated Modules Organization, Optoelectronics Business Unit, Lucent Technologies. He is a Fellow of the IEEE, has served in various capacities on its Board of Governors since 1994, and was President of the IEEE Lasers and Electro-Optics Society in 2001. Dr. Anthony has a Ph.D. in Physics from the University of Illinois, and a B.S. in Physics from the University of Dayton.

“Dr. Anthony brings extensive industry experience to NanoOpto’s Board of Directors. We are extremely pleased to have someone of his caliber and background supporting our company as we focus on expanding our product and application portfolio, and customer base,” said Barry Weinbaum, President and CEO of NanoOpto. “We are deeply appreciative of the contributions that Gary Shaffer has made in helping to launch NanoOpto and in supporting the company’s progress. We look forward to his continued support.”

The NanoOpto Board now consists of Dr. Ed Zschau, Founder and Chairman; Barry Weinbaum, CEO and President of NanoOpto; Howard Lee, Founder and Executive Vice President of NanoOpto; Dr. Stephen Chou, Founder; Glenn Falcao of Bessemer Venture Partners; Dr. Greg Blonder of Morgenthaler Ventures; and Dr. Philip Anthony of Storm Ventures.

About NanoOpto
NanoOpto Corp. is applying proprietary nano-optic and nano-manufacturing technology to design and make components for optical systems and networks. The company’s subwavelength scale nano-optic design capability combined with nano-scale manufacturing technologies delivers optical components that allow more rapid prototyping, higher performance, and lower overall system cost. Both independently and with industry partners, NanoOpto uses its rapid design and high volume manufacturing capabilities to produce superior versions of standard optical components and new classes of integrated optical subassemblies for both custom and general applications. The company has received financial backing from leading venture capitalists and is based in Somerset, New Jersey.