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For Immediate Release

Media Contact:
Amy Foschetti
Interprose PR
Phone: + 1 (703) 917-0972
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NanoOpto Chosen as a Recipient of the Communication Systems Design 2002 Comet Award

Award recognizes up and coming companies who are well positioned to be one of the next big optical networking players.

Somerset, New Jersey. September 5, 2002. NanoOpto Corp., which is applying proprietary nano-optics and nano-manufacturing technology to design and manufacture components for optical networking, announced today that it has been chosen as a recipient of the Communication Systems Design 2002 Comet Award. This award, in its third year, honors top “up and coming” companies that have the vision, focus, technology, and skills to become significant players in the communications market. The award winners were selected by a panel of editors from Communication Systems Design, EETimes, and CommsDesign.

“The Comet Awards were created to recognize the achievements of emerging companies who introduce significant technical advances that will fundamentally affect the communications industry,” said Patrick Mannion, Editor of Communication Systems Design. “With its nanotechnology-based breakthroughs in the design and manufacturing of modular nano-optic components, Communication Systems Design’s editorial team feels that NanoOpto is defining new paradigms for optical system design that have the potential to dramatically reduce the cost of optical networking.”

“NanoOpto is pleased to be recognized by Communication Systems Design,” said Barry Weinbaum, President and CEO of NanoOpto. “This award honors our entire team for their dedication and hard work in developing, commercializing, and delivering a revolutionary methodology for creating optical components. NanoOpto’s optical components and manufacturing technology are progressively enabling optical component, module, and system designers to realize superior cost/performance, increased flexibility, and enhanced application capabilities that were never before possible with conventional bulk optics.”

About NanoOpto
NanoOpto Corp. is applying proprietary nano-optics and nano-manufacturing technology to design and make components for optical networking. Based on years of research, the company’s nano-optical design capability allows orders of magnitude more rapid prototyping, higher performance, and lower overall system cost. Both on its own and with corporate partners, NanoOpto will use patented nano-imprint technologies to produce better conventional optical components and also to create new classes of integrated modular nano-optic components. The company has received financial backing from leading venture capitalists, has brought on line a high volume nano-imprint manufacturing facility, and is based in Somerset, New Jersey.

About Communication Systems Design
COMMUNICATION SYSTEMS DESIGN (www.commsdesign.com) is the technical magazine for engineers and managers involved in the design of communications products, systems and equipment for Personal, Home/SoHo, Enterprise, and Infrastructure applications. The editorial focuses on the development of these applications, current technologies enabling these designs, and the emerging technologies that will affect future designs. With a qualified circulation of 40,000 communications engineers and managers, Communication Systems Design is published by CMP Media LLC.