Break-Through Opticalis Technology Spurs Corporate Investment, Growth.Business Editors Optical Fiber Communications 2002 Suite # 9-212 CENTER VALLEY, Pa.--(BUSINESS WIRE)--March 19, 2002 Super Wavelength Division Multiplexing See WDM. (communications) wavelength division multiplexing - (WDM) Multiplexing several Optical Carrier n signals on a single optical fibre by using different wavelengths (colours) of laser light to carry different signals. (SWDM SWDM Single Mode Wavelength Division SWDM Standard Wavelength Division Multiplexer SWDM Selective Wave Division Multiplex (Chromatis Networks) SWDM Schuell-Wepman-Darley Multimodal Stimulation Treatment ) Pioneer Gets New CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Moves Into New Headquarters, Secures $3.5M Series B Funding Opticalis, creator of revolutionary, patent-pending Super Wavelength Division Multiplexing (SWDM) optical technology -- designed to cost-effectively resolve Metro market bottlenecks by increasing bandwidth transmission across existing infrastructure -- has experienced a surge of growth and expansion in the U.S. including the opening of new headquarters, initial Series B funding and a newly appointed president and CEO. Visit Opticalis during Optical Fiber Communications 2002 in Suite # 9-212, Hilton Anaheim, 777 Convention Way, Anaheim, CA. Opticalis' Series B fund (which is still open) now includes $3.5 million from Ridgewood VC (US) and GCP GCP Good Clinical Practice GCP Ground Control Point GCP Global Carbon Project GCP Gateway Control Protocol GCP Global Consciousness Project GCP Granulocyte Chemotactic Protein GCP Grand Central Parkway (New York) VC (US). And the company's new headquarters is strategically located in Center Valley, Pennsylvania Center Valley is an unincorporated village one mile north of Coopersburg, Pennsylvania at the intersection of Pennsylvania Route 309 and Pennsylvania Route 378 in Upper Saucon Township, Lehigh County, Pennsylvania, in the United States. , to enable easy access to a highly qualified talent pool. Accordingly, the company has named its new president and CEO, Glen Riley. Mr. Riley previously served as Vice President and General Manager of the Optical Core Networks Division of Agere Systems (Lucent Technologies' Microelectronics Group), responsible for the overall product strategy and P&L of that division. Prior to this, Mr. Riley held positions as Lucent Technologies Microelectronics Group Asia-Pacific Region President responsible for $1 billion in annual revenue, and Lucent Technologies Storage Products General Manager, becoming the market leader in hard disk drive read channels. Prior to Lucent, Mr. Riley held marketing and sales positions with Philips Semiconductor and Texas Instruments. "I am pleased to join this innovative optical networking company," said Mr. Riley, Opticalis' president and chief executive officer. "Opticalis will enable essential efficiencies for metro core and access networks. I am looking forward to bringing this technology to market and leading the charge for new investment." HOW OPTICALIS SWDM WORKS Opticalis' ground-breaking Super Wavelength Division Multiplexing (SWDM) involves the creation of a family of wavelengths tied to a main carrier laser wavelength found in a typical Dense Wavelength Division Multiplexing See WDM. (DWDM (Dense WDM) The term given to wavelength division multiplexing (WDM) when significantly more channels were being added. Since WDM is increasingly more "dense" all the time, both terms are used synonymously. See WDM. DWDM - wavelength division multiplexing ) system. These scalable sub-carriers or sub-wavelengths can then be individually addressed, multiplexed, added, dropped, switched, and de-multiplexed. Since they are located in the optical physical layer, by definition they are protocol and data rate independent, a key advantage over Time Division Multiplexed (TDM (Time Division Multiplexing) A technology that transmits multiple signals simultaneously over a single transmission path. Each lower-speed signal is time sliced into one high-speed transmission. ) systems. Opticalis' solutions are ideal for Metro Core/Metro Access networks, short haul, business rings and LANs, as well as small business and residential applications. ABOUT OPTICALIS Founded in October of 2000, Opticalis creates products for systems manufacturers that enable and enhance communications service provider A Communications Service Provider or CSP is a company that transports information electronically. The term encompasses public and private companies in the wireline, wireless, Internet, cable, satellite, and managed services businesses. solutions. The company's mission is to deploy its SWDM technology to increase the capability and flexibility of optical communication systems at less than half the cost of traditional networks. Opticalis' technology increases the total amount and flexibility of information transmitted over cost-effective single wavelength optical fiber, while lowering capital and operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. (cost-per-bit). Additional benefits of Opticalis products include reduced time to market, ease of integration, reduced cost of ownership for OEMs, and built-in cost reductions from future products. Current investors include: Ridgewood VC (US), GCP VC (US), Auriga VC (France) and various Angels. Opticalis is based in Center Valley, Pennsylvania, with research offices in Rehovot, Israel. For more information on Opticalis, contact 610-625-4198 or visit www.opticalis.com. |
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