ADVISORY/Agility President and CEO to Present At Credit Suisse First Boston's Annual Communications Technology Conference.

News/Assignment Editors & High-Tech Writers

ADVISORY...for Wednesday (May 16)

--(BUSINESS WIRE)

Media are invited to hear Ron Nelson, president and CEO of Agility Communications(TM), Inc., present an introduction of Agility Communications at Credit Suisse First Boston's Annual Communications Technology Conference, Wed., May 16, 2001 at the Arizona Biltmore Resort and Spa in Phoenix. Credit Suisse First Boston's Annual Communications Technology Conference is a three-day event where more than 150 institutional investors and 100 high-level executives from technology companies across the United States and Europe will converge to discuss the communications industry. Some of the other participating companies include: Cisco Systems, Compaq, EMC, Intel, JDS Uniphase, Juniper Networks, Nortel Networks, Nokia, OpenWave, Palm, Inc., Qwest, Sanmina, Siemens, Sun Microsystems, and Texas Instruments.

Nelson will present an introduction about Agility Communications and the company's leading tunable laser technology. Attendees can learn about the market opportunities and specific applications that leverage the technology, in both the metro and long-haul marketplaces. Agility's 3040 High-Power, Widely Tunable Laser provides up to 4 mW of optical output power, to any C-band wavelength in less than 10 milliseconds. The powerful 3040 laser provides communications companies with far greater bandwidth flexibility than what is currently available with fixed-wavelength or narrowly tunable lasers. Additionally, Agility recently announced the first demonstrated prototype of a 10-mW widely tunable laser that can tune across the entire C-band.

When and Where

Media are invited to hear Ron Nelson give a presentation about Agility Communications at Credit Suisse First Boston's Annual Communications Technology Conference, May 16, 2001, 11 a.m. at the Arizona Biltmore Resort and Spa in Phoenix. For more information about the conference visit: http://www.csfb.com. For more information about Agility visit: http://www.agility.com.

Biography for Ron Nelson, President and CEO

Ron Nelson has established a distinguished 25-year record and is widely regarded for his development and operations accomplishments in the photonics arena. Prior to becoming president and CEO of Agility, he was vice president and an officer at Motorola and director of the Phoenix Advanced Technology Center. In that capacity, he assembled and led world-class teams developing high-speed optical interconnects, vertical lasers, flat-panel displays, and components and software for wireless products, helping Motorola generate more than $1 billion in revenues. He set up and directed Motorola's manufacturing line, delivering the highest performing and reliable vertical lasers available in the marketplace at that time.

Prior to his accomplishments at Motorola, Nelson was one of two co-founders of Lytel, Inc. Lytel, a successful startup company that produced optoelectronic components and subsystems for telecommunication and data communication applications, was acquired by AMP (now Tyco). At Lytel, Nelson held various positions including: vice president of product development, vice president of device manufacturing, and vice president and general manager of the Telecom Division. A seasoned veteran, Nelson started his career in 1976 at Bell Laboratories, where he worked on short- and long-wavelength lasers. He led the team that developed the Bell Systems' first long-wavelength lasers for use in submarine cable and terrestrial fiber systems. He has a long-standing history of activity with the Optoelectronic Industry Development Association (ODIA), serving on the board of directors and as the vice-chairman of the Technology and Market Opportunity Roadmap Committee. This committee produces a comprehensive set of roadmaps and opportunities, helping to establish a cohesive direction for university and industrial R&D and government-funded optoelectronics research. Nelson holds a doctorate degree from the University of Illinois, where his research was directed by Professor Nick Holonyak.

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.

The company has already won numerous recognitions, including Light Reading's selection of Agility as one of the Top 10 Privately Held Companies, 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, and UPSIDE Magazine naming Agility among the "Hot 100" private companies for 2001.

Founded by a team of optical networking and semiconductor veterans in Oct. 1998, Agility is headquartered in Santa Barbara, Calif. and has manufacturing facilities in Allentown, Pa. 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.