Alliance Fiber Optic Products, Inc. Announces Several New Products at the Optical Fiber Conference in Los Angeles, CA.

Business Editors/High-Tech Writers

OFC 2004

SUNNYVALE, Calif.--(BUSINESS WIRE)--Feb. 18, 2004

Alliance Fiber Optic Products, Inc. (Nasdaq SmallCap: AFOP), an innovative supplier of fiber optic components, subsystems and integrated modules for the optical network equipment market, today announced the new products that will be exhibited at the Optical Fiber Conference (OFC). The OFC show will take place on February 24 - 26, 2004 at the Los Angeles Convention Center, Los Angeles, CA, and these products can be seen at our booth #1719.

High Isolation FTTP 1310/1490/1550 Filter WDMs (3 Port and Compact)

AFOP's new Fiber-To-The-Home and premises high isolation filter WDM products, which utilize high performance thin film interference filters, provide exceptional bandpass performance over extended outdoor operating conditions. This filter WDM is a bi-directional component optimized for a variety of applications including ONU and OLT equipment units. AFOP's FTTP filter WDM features reduced insertion loss, high isolation, bi-directional operation, an epoxy-free optical path, and are available in both controlled and outdoor environment versions.

SpectraMux(TM) - Compact Optical Add and Drop Modules (CC-OADM)

AFOP's new SpectraMux CWDM Compact OADM module offers significantly reduced insertion loss for multi-wavelength CWDM network applications. With standard channel spacing of 20 nm and wide bandpass characteristics, these filters accommodate non-temperature controlled lasers in transmitters over extended conditions. Other features include high center wavelength accuracy and stability, low insertion loss, high directivity, an epoxy-free optical path, and low polarization dependent loss.

SpectraMux(TM) - Compact Coarse WDM with Extended Temperature

AFOP's line of SpectraMux Compact CWDMs extends the use of CWDM to access networks in outdoor environments. With Extended Temperature performance these modules offer a significantly reduced package 1/4 the size of conventional CWDM modules. With a standard channel spacing of 20 nm and wide bandpass characteristics they are ideal for use in strenuous outdoor environments. Temperature ranges of -40C to 75C have virtually no impact on performance. Other features include high center wavelength accuracy and stability, ultra low insertion loss, high directivity, an epoxy-free optical path, and low polarization dependent loss. These Compact CWDM Extended Temperature Mux/DeMuxes are available in four or eight channels and offer a 1300nm flattened expansion port option.

Planar Lightwave Circuit Splitters (PLC Splitters)

AFOP's new miniature size Planar Lightwave Circuit Splitters are designed for CATV, Access, PON and other broadband system applications where exceptional splitter characteristics are required. AFOP's PLC Splitters significantly reduce the space needed for branching fiber optic signals. Based on silica/silica and silica/silicon waveguide fabrication technologies, AFOP's new PLC Splitters can cost effectively provide high-port count uniform splitting for widespread applications in the broadband and fiber access markets. AFOP's PLC Splitters are now provided in 1x4, 1x8, 1x16 and 1x32 configurations, and are available with factory mounted connector types including SC, FC, LC, and MU AFOP high performance single mode connectors.

BPON and GPON BOSAs (Bi-Directional Optical Sub-Assemblies)

AFOP's offers a new line of BOSAs (Bi-Directional Optical Sub-Assemblies) for B-PON and G-PON systems and ATM network applications. The BPON and GPON BOSA features single fiber bi-directional operations, Tx 1.3 um LD with low threshold current and/Rx 1.55 um PIN-TIAs with low dark current and stable performance over temperature.

Come visit AFOP at OFC 2004, Booth #1719. For additional information, please contact our sales department at 408-736-6900 or via e-mail [e-mail].

About AFOP

About AFOP Founded in 1995, Alliance Fiber Optic Products, Inc. designs, manufactures and markets a broad range of high performance fiber optic components and integrated modules. AFOP's products are used by leading and emerging communications equipment manufacturers to deliver optical networking systems to the long-haul, metropolitan and last mile access segments of the communications network. AFOP offers a broad product line of passive optical components including interconnect systems, couplers and splitters, thin film DWDM components and modules, fixed and variable optical attenuators, and depolarizers. AFOP is headquartered in Sunnyvale, California, with manufacturing and product development capabilities in the United States, Taiwan and China. AFOP's website is located at http://www.afop.com.

Forward-looking Statements

Except for the historical information contained herein, the matters set forth in this press release, including statements as to the expected availability, features and benefits of AFOP's products, are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including, but not limited to, manufacturing difficulties, possibly delays in the release of other products, the impact of competitive products, and other risks detailed from time to time in AFOP's SEC reports, including its Quarterly Report on Form 10-Q for the period ended December 31, 2003. These forward-looking statements speak only as of the date hereof. AFOP disclaims any intention or obligation to update or revise any forward-looking statements.