ADVISORY/Agility VP Arlon Martin and Nissho President & CEO Takao Tsuji Deliver Presentations at Second Annual Optical Communications Components Conference in Tokyo.

Business Editors/High-Tech Writers

Second Annual Optical Communication Component Conference

ADVISORY... for Tuesday (Oct. 30)

--(BUSINESS WIRE)

Members of the media are invited to hear Agility Communications Vice President of Sales & Marketing Arlon Martin discuss the market for tunable lasers in the global optical network and their future and Nissho President & CEO Takao Tsuji discuss broadband and IP solutions using optical networks at the Second Annual Optical Communication Component Conference Executive Forum, at the Shinagawa Prince Hotel, Shinagawa JR Station, Tokyo, on Tues., Oct. 30, 2002. Tsuji will speak at 1:00 p.m. - 1:30 p.m. and Martin at 2:00 p.m. - 2:30 p.m.

Tsuji will deliver an in-depth presentation on broadband and IP solutions using optical networks. Martin will examine the need for tunable lasers in the optical communications field and discuss forward-looking technology and market concerns regarding this disruptive product in the worldwide optical communications industry sector. Martin's interactive session will offer opportunities to discuss applications for tunable lasers in emergent and legacy optical networks, and tunable lasers' ability to produce revenue.

A premier event in the optoelectronics and telecom industry, ElectroniCast's Second Annual Optical Communication Component Conference offers executives and technologists from around the world a forum to network and to discuss important technology and business issues that have significant impact on the future of this dynamic industry.

When and Where

Media attending the Second Annual Optical Communication Component Conference are invited to hear presentations by Nissho Electronics' CEO & President Takao Tsuji and Agility Communications' Vice President of Sales & Marketing Arlon Martin at the Shinagawa Prince Hotel, Shinagawa JR Station, Tokyo, on Tues., Oct. 30, 2002. Tsuji will speak at 1:00 p.m. - 1:30 p.m. and Martin at 2:00 p.m. - 2:30 p.m. For more information on the conference, visit: www.electronicast.com/japan.html. For more information about Agility Communications, visit www.agility.com/.

Biography for Arlon Martin, Vice President of Sales & Marketing,

Agility Communications

Arlon Martin brings wide-ranging successes in marketing innovative optoelectronics products in both domestic and international marketplaces to his role as vice president of sales and marketing at Agility. Most recently, Martin was general manager and marketing director for the Optoelectronics Division of Lucent Technologies. He served in several significant leadership positions at Lucent including director of marketing telecom and submarine applications; and group manager, product marketing, optoelectronic components and digital signal processors and microprocessors. His efforts were rewarded with high revenue and market share growth in the optoelectronics and semiconductor divisions. Martin's international experience includes six years in Tokyo as the senior manager of marketing and application engineering for Lucent's Microelectronics Division. While in Japan, Martin served as AT&T's representative on the executive committee and the Emerging Applications Committee of the Semiconductor Industry Association - Japan (SIA-J). During this time, AT&T was ranked the second fastest-growing semiconductor company in the Asia Pacific region. Martin began his career at Bell Laboratories as a computer programmer developing computer-aided design tools. He holds a bachelor's degree in computer science from the University of Southern Illinois at Carbondale and a master's degree in computer engineering from the University of Michigan.

About Nissho Electronics

Headquartered in Tokyo, Nissho Electronics, in conjunction with Nissho Iwai American Corp. (NIAC), has distribution and partnership agreements with some of the world's leading optical networking companies, including Avici Corp., Ciena, Juniper Networks, and OMM Inc. Nissho's expertise encompasses marketing and development of advanced technology in a range of fields combining information, telecommunications, and electronics.

About Agility Communications, Inc.

Agility Communications, Inc., the leader in pioneering widely tunable lasers for metro, switching, and long-haul markets, is providing the lowest total cost of ownership and dramatically reducing the costs and complexity of supporting agile networks. The company has been named one of Light Reading's Top 10 Privately Held Companies, won the Technologic Partners' Optix 2001 Investors' Choice award, and was listed in UPSIDE Magazine's "Hot 100" private companies for 2001. Agility has also been highlighted on several "Hot Companies to Watch" lists, including ones in Business Week and Lightwave Magazine.

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, Penn. Agility investors include Alliance, Amerindo Investment Advisors, CIENA Corp., Comdisco Ventures, Dell Ventures, General Bank, GM Investment Management Corp., Global Strategic, Granite Global Ventures, Meritech Capital Partners, Mitsubishi International Corp., Morgenthaler Ventures, Mustang Ventures, Nissho Electronics Corp., Nissho Iwai American Corp., Tellabs, 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 trademarks or registered trademarks of their respective companies.