ADVISORY/Agility Co-founder and Chairman of the Board, Larry Coldren, to Present At Prestigious NGN Ventures Conference.

Business Editors/High-Tech Writers

ADVISORY...for Tues. (April 17)

--(BUSINESS WIRE)

Media are invited to hear Dr. Larry Coldren, co-founder and chairman of the board for Agility Communications(TM), Inc., participate in a panel presentation of the latest innovations in laser technology at the NGN Ventures Conference, Tues., April 17, 2001 at the Hyatt Regency San Francisco Airport in Burlingame, Calif. NGN Ventures highlights CEOs and industry experts of some of the top new startups in the areas of the Internet and broadband networking. The conference is targeting an elite audience of about 1,000 executives from the networking industry and the financial world and estimates attracting more than 1,600 people.

Titled, "Advanced Network Components - The Latest in Lasers," attendees can hear from the CEOs of leading startups that are focusing at the optical component level. Coldren's presentation will focus on the challenges of network service providers who must keep pace with demand for backbone bandwidth to supply both more wavelengths and higher speed (40G) channels to customers quickly and economically. The innovations in laser technology that companies, such as Agility, are pursuing represent a key step in enabling carriers' eventual migration to all-optical networking. The panel, in addition to Coldren, includes: Hatch Graham, chairman and CEO of Bandwidth9; Eran Yarkoni, president of CyOptics, Inc.; and Dr. Rick Gold, president and CEO of Genoa Corporation. Board-level perspectives will be shared by: Dr. Promod Haque, managing partner, Norwest Venture Partners; and Dr. Robert Lucky, corporate vice president of Applied Research, Telcordia Technologies, Inc.

When and Where

Media are invited to hear Dr. Larry Coldren present, "Advanced Network Components - The Latest in Lasers," at the NGN Ventures Conference on Tues., April 17, 2001 from 8:45 a.m. to 10:30 a.m. at the Hyatt Regency San Francisco Airport in Burlingame, Calif. For more information about the NGN Ventures Conference, visit www.ngnventures.com.

Biography for Dr. Larry Coldren, Agility Co-founder and Chairman of the Board

Larry Coldren co-founded Agility Communications, Inc. in October 1998. He is recognized as one of the world's leading authorities and experts in the fields of vertical-cavity and in-plane laser research. In his 30-year career, Coldren has made substantial contributions to the academic and private industry sectors. He is well known as the author of the defining textbook in this field, leading to significant scientific advancements in the industry. In 1990, he co-founded a successful startup company, OCI (now Gore Photonics) which focuses on VCSEL development. Previously at AT&T Bell Laboratories, he worked on guided surface-acoustic-wave devices, microfabrication techniques, and tunable diode lasers. For more than 15 years, Coldren has been a professor at the University of California at Santa Barbara and director of the Heterogeneous Optical Technology Center. He has worked with and been a mentor to hundreds of students studying the latest developments in optoelectronic materials and devices. He is now focusing his efforts on components and fabrication techniques for III-V optoelectronic integrated circuits. His research group has made significant contributions to vertical-cavity lasers and widely tunable, high-power lasers. Coldren is a well-known speaker and author of numerous research papers and publications, including his most recent book, Diode Lasers and Photonic Integrated Circuits. Coldren has bachelor's degrees in Electrical Engineering and Physics from Bucknell University. He also holds a master's degree and doctorate degree in Electrical Engineering from Stanford University.

About Agility Communications, Inc.

Agility Communications, Inc., is pioneering breakthrough optical networking infrastructure solutions that dramatically reduce the costs and complexity of supporting agile networks. Developed for Dense Wavelength Division Multiplexing (DWDM) networks, Agility's first products, high-power, widely-tunable lasers, will help service providers deliver high-bandwidth services, maximize existing network resources, simplify the planning process for network growth, and dynamically provision bandwidth. By integrating optical components at the chip level, Agility creates a simpler architecture for networking equipment that increases density and allows fast automation, lowering capital and operating costs for service providers.

Agility has already received numerous recognitions, including Light Reading's selection of Agility as one of the Top 10 Privately Held Companies and the Technologic Partners' Optix 2001 Investor's Choice award naming Agility one of 10 private optical communications companies most likely to succeed as a public company. Founded by a team of optical networking and semiconductor veterans in Oct. 1998, Agility is headquartered in Santa Barbara, California and has manufacturing facilities in Allentown, Pennsylvania. Agility investors include Amerindo Investment Advisors, Berkeley International Capital Ltd., Comdisco Ventures, Dell Ventures, Hammer Capital Management, Inc., Milton Chang, Meritech Capital Partners, Morgenthaler Ventures, Mustang Ventures, U.S. Venture Partners, and Worldview Technology Partners. For more information about Agility solutions visit www.agility.com, send email to [e-mail] or call 805-690-1700.

Note to Editors: Agility Communications and the Agility logo are trademarks of Agility Communications, Inc. in the United States and other countries. All other company and product names mentioned are the trademarks or registered trademarks of their respective companies.