Alliance Fiber Optic Products, Inc. is pleased to announce the following new products at the Optical Fiber Conference in Anaheim, CA.

Business Editors/High-Tech Writers

Optical Fiber Communications 2002

SUNNYVALE, Calif.--(BUSINESS WIRE)--March 14, 2002

Alliance Fiber Optic Products, Inc. (Nasdaq:AFOP), a leading designer, manufacturer and marketer of fiber optic components and integrated modules for the optical network equipment market, today announced the following new products will be exhibited at the Optical Fiber Conference which will take place on March 19-21, 2002 at the Anaheim Convention Center, Anaheim, CA. AFOP has been assigned Booth #3857.

Band Wavelength Division Multiplexing (4 Skip 0)

AFOP's 100 and 200 GHz (4 Skip 0) Band Wavelength Division Multiplexing products are designed for a variety of applications to reduce demultiplexing insertion losses. These Band WDM products utilize proprietary thin-film filter technology to achieve state of the art wavelength channel isolation and stability. In addition, these products offer exceptionally low insertion loss, low polarization sensitivity and high directivity. AFOP's Band WDMs are designed to meet the most demanding Telcordia requirements for performance and reliability.

AFOP's Band WDMs offer state of art wavelength passband and high isolation without losing any adjacent channels. These Band WDM products are designed to enable network designers to add or drop a series of channel bands, enabling flexible add and drop functions without lost channels. In addition, the 4 skip 0 series reduces cost and insertion loss for express channels. These products can also be used for high channel count Multiplexing and Demultiplexing applications to reduce insertion loss.

AFOP's 100 and 200 GHz (4 Skip 0) Band WDMs are available in standard ITU wavelengths. AFOP also offers custom wavelengths and channel configurations upon request.

New SODA Family of Optical Add/Drop's and Router

AFOP's SODA (Switchable Optical Drop/Add) is a "best in class" reconfigurable drop/add solution for dynamic wavelength management. AFOP's single channel SODA engines are designed to integrate optical switching and DWDM filtering functionalities in a low cost, compact design, to allow reconfigurable drop/add capability. AFOP's SODA is available in 100 and 200GHz spacing on the ITU Grid and with 4 skips 0 Band Filters.

The 4-channel SODA design, based on AFOP's single channel patent-pending technology, is a flexible, compact, scalable and low cost drop/add solution offering significantly lower IL (-3 dB) compared to other technological approaches. It can be configured with 100, 200GHz and 4 skips 0 Band Filters, enabling a flexible 40 channel band drop with no lost channels.

Planar Lightwave Circuit Splitters

AFOP's 1x8 Planar Lightwave Circuit Splitter is designed to aid engineers in CATV, Access, APON and other broadband system applications where exceptional split characteristics are required. AFOP's PLC Splitter significantly reduces the space needed for branching fiber optic signals. Based on silica/silica and silica/silicon waveguide fabrication technologies, AFOP believes its new PLC Splitter can cost effectively offer high-port count splitters for widespread applications in the broadband and fiber access markets. AFOP's PLC Splitter is designed to meet the most demanding Telcordia requirements for performance and reliability.

The features of AFOP's PLC Splitter line include a small footprint OEM-friendly housing, high uniformity output, low insertion loss, and ultra-low PDL performance across all output ports. AFOP's PLC Splitter is currently available in 1x8 configurations, with 1x16, 1x32 and 2xN models under development. AFOP's splitters are available with factory mount connector types including SC, FC, LC, and MU.

Network Monitoring Systems

AFOP's High Performance Optical Network Monitor (ONM) is an OEM solution designed for use in Access, Metropolitan and Long-Haul networks or any application where precision optical measurements are required currently. The ONM will be demonstrated live at the Optical Fiber Conference as an OEM board level module that can be tailored to customer applications or as a 1U rack mountable version that can be used for customer evaluations or in stand-alone applications.

Based on a highly dispersive optical element and advanced digital signal processing methods, the ONM is capable of a wavelength accuracy of 10pm. Additionally, the design is self-calibrating and is athermal. Operation of the ONM is either in the C-Band or L-Band with up to 80 of channels information at 50GHz channel spacing. Communication with the unit is via RS-232, USB, or TCP/IP. Firmware code can be upgraded in the field, which eliminates the time needed previously to remove the unit for code upgrade. The Network Monitoring System also includes a graphical user interface (GUI) that displays both tabular and graphic data of the optical signal, providing wavelength, channel power and OSNR information.

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.

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 PLC Splitters, such as the reduction in required space for branching fiber optic signals and supplying cost effective high-port count splitters in widespread applications, the PLC Splitters compatibility with industry PLC Splitter products and the PLC Splitter meeting requirements such as Telecordia, the expected availability, features and benefits of AFOP's SODA family, including their ability to integrate functionalities at a low cost and in a compact design, the expected availability, features and benefits of AFOP's new Band Wavelength Division Multiplexing (4 Skip 0) products, including their ability to reduce demultiplexing insertion losses and to enable adding or dropping of channel bands while reducing cost and insertion loss, and the expected availability, features and benefits of AFOP's Network Monitoring Systems, including the elimination of down time when removing a unit for code upgrade, 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 September 30, 2001. 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.