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Technology Stocks : Oclaro, Inc. (Avanex-Bookham) -- Ignore unavailable to you. Want to Upgrade?

To: Kent Rattey who wrote (1918)	8/6/2001 7:35:10 PM
From: SemiBull	Respond to of 2293

Slowing Internet usage to cause U.S. switch/router markets to fall by 11% in 2001 siliconstrategies.com

To: Kent Rattey who wrote (1918)	8/8/2001 10:54:18 AM
From: Kent Rattey	Read Replies (1) \| Respond to of 2293

Avanex Corporation Announces Two Executive Promotions FREMONT, Calif., Aug 8, 2001 /PRNewswire via COMTEX/ -- Avanex Corporation (Nasdaq: AVNX chart, msgs), the global provider of photonic processors that enable next-generation performance for optical communications networks, today announced that Chief Technology Officer Dr. Simon Cao also has been named Senior Vice President of Business Development and that Thomas LaWer has been promoted to Vice President and General Counsel, and will serve as Secretary to the Board. Dr. Cao, one of the founders of Avanex, assumes additional responsibilities for developing Avanex strategic relationships to advance Avanex's long-term global growth initiatives. Dr. Cao is recognized as one of the leading figures in the optics field. He helped develop the first wavelength division multiplexing system and developed critical elements for the first erbium doped fiber amplifier system. He holds or has pending more than 36 optical-related patents. Dr. Cao holds doctorate degrees in physics and electrical engineering. LaWer joined Avanex as Associate General Counsel in July 2000 and has served as General Counsel since April 2001. Before joining Avanex, he was an Associate at the law firm of Wilson Sonsini Goodrich & Rosati since 1995. From 1988 until 1992 he was an accountant at KPMG Peat Marwick and received a C.P.A. He holds a law degree from the University of Chicago and a bachelor of science from the Wharton School of Business of the University of Pennsylvania. About Avanex Avanex designs, manufactures and markets photonic processors for the communications industry. Avanex's photonic processors offer communications service providers and optical systems manufacturers greater levels of performance and miniaturization, reduced complexity and increased cost- effectiveness as compared to current alternatives. Avanex was incorporated in 1997 and is headquartered in Fremont, Calif. In addition to a development and manufacturing facility in Fremont, the company also maintains The Photonics Center(TM) in Richardson, Texas, and a development facility in Hudson, Mass. To learn more about Avanex, visit its web site at: www.avanex.com. Forward-looking Statements This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act. Actual results could differ materially from those projected in the forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, our inability to sufficiently anticipate market needs and develop products and product enhancements that achieve market acceptance. Avanex undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Contact Information: Media Investor Relations Tony Florence Mark Weinswig Phone: 510-897-4162 Phone: 510-897-4344 Fax: 510-897-0189 Fax: 510-897-4345 e-mail: tony_florence@avanex.com e-mail: mark_weinswig@avanex.com tbutton.prnewswire.com Source: Avanex Corporation