Woburn, Massachusetts/Bangkok, Thailand – November 7, 2006 – Aegis Semiconductor, the industry leading supplier of embedded monitoring in next-generation optical communications systemshas brought online additional manufacturing capacity through Fabrinet, both companies announced today. Fabrinet is a Thailand-based global engineering and manufacturing services provider of complex optical and electro-mechanical components, modules and bulk optics.

This additional capacity will boost output for the entire product line of Aegis RoHS-compliant channel monitors, enabling the company to keep pace with increasing customer demand. The market for Aegis optical channel monitors (OCM) is accelerating, fueled by increased deployments of reconfigurable optical add-drop multiplexer (ROADM) transmission systems.

Deployments of ROADM systems have recently expanded into metro and regional networks.These networks are being upgraded to handle the massive amount of traffic from fiber-to-the-home (FTTH) services offered by telecom providers and "triple-play" services offered by cable providers. Aegis OCM modules provide essential functions that enable or enhance the intelligence, flexibility and transparency of ROADM nodes in which they are embedded.

"We found in Fabrinet an invaluable strategic partner that was able to quickly implement and expand our production lines in response to the steep acceleration of recent market demand," said Jeffrey Farmer, president and CEO, Aegis Semiconductor. "From their inception, our product designs were conceived with great emphasis on low-cost packaging and assembly using an outsourced manufacturing model."

"While we do host the manufacturing lines of some of the biggest names in the optical networking industry, we also look to serve promising technologies that exhibit a high potential for rapid growth" said Teera Achariyapaopan, Ph.D., executive vice-president and COO, Fabrinet. "The simplicity of Aegis Semiconductor's optical monitors was recognized early on as having a high potential and we are pleased to have helped support its runaway success in the market."

About Aegis Semiconductor

Aegis Semiconductor is a privately held company that builds cost-effective solutions for intelligent optical networks. Based on its Active Thin Films technology, Aegis is the first company to deliver low-cost wavelength-monitoring components and modules that are easily manufactured using proven methods from the semiconductor industry. Aegis has raised more than $30 Million in funding from leading investors and venture capitalists including Vesbridge Partners, Alta Partners, Technology Venture Partners and Megunticook Management. The company is located in Woburn, Massachusetts, USA. More information can be viewed at www.aegis-semi.com.

About Fabrinet

Fabrinet provides foundry services to optical component, module, and subsystem OEMs. Fabrinet also designs, manufactures and sells bulk optical materials and components, including glass, crystals, prisms, lenses, laser components and substrates. Fabrinet has engineering resources and facilities in Thailand, China and the United States. For more information visit: www.fabrinet.com.

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