Corning to Acquire Assets of Willow Systems, Inc.

Business Editors/High Tech Writers

CORNING, N.Y.--(BUSINESS WIRE)--June 26, 2000

Corning Incorporated (NYSE: GLW) today announced that it has reached agreement to acquire the assets of Willow Systems, Inc. from NextPath Technology, Inc. (OTCBB: NPTK).

Willow Systems is a leading expert in servo electronics for precision optical instruments. Terms of the agreement were not disclosed.

Commenting on the agreement, David Nuttle, president and CEO of NextPath Technology, Inc., said, "NextPath is extremely pleased that a company of Corning's stature has agreed to acquire Willow Systems, Inc. We believe that the transaction will be in the best interests of NextPath's shareholders. NextPath plans to refocus and expand efforts related to the balance of its Precision Technology Group companies: Sagebrush Technologies, Inc., Laser Wireless, Inc., and other companies in the NextPath family."

Willow Systems is located in Albuquerque, N.M. It designs and builds prototype servo systems for gimbals and other optical instruments.

Established in 1851, Corning Incorporated (www.corning.com) creates leading-edge technologies for the fastest-growing markets of the world's economy. Corning manufactures optical fiber, cable and photonic products for the telecommunications industry; and high-performance displays and components for television and other communications-related industries. The company also uses advanced materials to manufacture products for scientific, semiconductor and environmental markets. Corning revenues for 1999 were $4.7 billion.