Corrigent's CTO to Present in Japan at the Fiber Optic Expo; Addresses Intelligent Transport Solutions for Multi-Service Networks.

SAN JOSE, Calif. -- Corrigent Systems, a leading provider of Packet ADM (Add Drop Multiplexer) for next-generation transport networks, announced today that Leon Bruckman, Chief Technology Officer for the company, will speak to attendees of the 6th Fiber Optics Expo (FOE), Asia's largest exhibition specializing in fiber optic communications and Japan's largest Technical Conference devoted to optical communications. The FOE in Japan is expected to have more than 13,000 attendees from the optical communications industry.

Mr. Bruckman will speak on the panel, "Metro Optical Networks Supporting Multi-service Solutions" on January 19th from 14:30 to 17:10. The speech, "How to Migrate Transport Networks from SDH/SONET to Ethernet Services," will discuss developments in intelligent transport technologies addressing the need to build networks that support both current revenue-generating TDM services as well as cost-effective delivery of emerging high bandwidth packet-based services. The session will discuss how a combination of SDH, Ethernet, RPR, MPLS and PWE3 in optical network elements will define next generation networks. Mr. Bruckman is an editor of the IEEE 802.17 Resilient Packet Ring standard, and leads Corrigent's activities in standard committees such as IETF's PWE3 working group and ATIS's T11.

Japan is leading the world in bandwidth demand over optical networks. The Japanese government has set a goal of connecting 30 million users at 10Mbps and 10 million users at 100Mbps by the end of 2006, and Japan is the world's leader in terms of wireless 3G penetration with 43 million customers. Three new 3G license holders are set to enter this very vibrant and competitive market in the next year.

These and other factors contribute to significant increase in packet traffic on Japan's telecommunications infrastructure. Industry analysts say that Japan represents a significant telecom opportunity because of a mix of centralized population, innovative services, significant disposable income and a large number of Greenfield opportunities. All these developments require metro packet transport and Corrigent's Packet ADM is well positioned to support these applications.

"We are honored that Mr. Bruckman will address the prestigious FOE. Corrigent and our reseller partners in Japan are leading the way with intelligent optical transport solutions for the APAC region with a focus on emerging metro networks," said Akio Ogiso, President of Corrigent Systems KK and Vice President of APAC for Corrigent Systems Inc. "The ongoing growth of broadband, video and TV services over 3G cellular networks call for new generation of optical communications equipment. Corrigent is pleased to be able to share its expertise with the attendees at the FOE Technical Conference," he added.

About Corrigent

Corrigent Systems is a market leader in next generation metro transport systems. Designed to enable profitable delivery of voice, video and data for Triple Play, Carrier Ethernet and Multi-service offerings, Corrigent's focus is metro transport technology that maximizes revenue and profit for service providers. Used by carriers worldwide, the CM-100 line of Packet ADMs integrates the traffic management and control of RPR and MPLS and eliminates the need for multiple transport elements. The Packet ADM allows carriers to evolve their SONET/SDH networks with a standards based and interoperable product line that is optimized for today's service requirements. Orckit Communications (NASDAQ:ORCT) is the parent company of Corrigent Systems. For more information: http://www.corrigent.com

Corrigent Systems and CM-100 are registered trademarks of Corrigent Systems, Inc. All other Brands and products referenced herein are the trademarks or registered trademarks of their respective holders. Certain matters discussed in this release are forward-looking statements that involve risks and uncertainties. Readers are cautioned that forward-looking statements may differ significantly from actual future events or results. Corrigent assumes no obligation to update the information in this release.