Corvis Names Rick Bakosh Senior Vice President of Global Sales; Global Sales Organization Appointed to Pursue New Sales Opportunities.

Business Editors/Hi-Tech Writers

COLUMBIA, Md.--(BUSINESS WIRE)

Aug. 23, 2000-Corvis Corporation (NASDAQ: CORV), a leader in delivering intelligent all-optical networking solutions, today announced the formation of its worldwide sales organization with the appointment of Rick Bakosh as Senior Vice President of Global Sales.

In his new position, Mr. Bakosh will lead the development of all sales opportunities for Corvis and report to Glenn Falcao, Executive Vice President of Corvis.

"We are extremely delighted to have Rick join our team," said Dr. David Huber, President and CEO of Corvis. "He is a seasoned professional who has a proven track record in building highly profitable sales organizations. We look forward to having Rick continue the expansion of our sales channels as well as enhance our business opportunities across the globe."

Mr. Bakosh's extensive sales leadership will allow Corvis to aggressively expand its sales organization in both the United States and abroad. Prior to joining Corvis, he was Vice President of Sales for Tellabs. In that role, Mr. Bakosh led a team responsible for over $1 billion in revenue and achieved record revenue growth.

In addition, he has held a variety of sales positions at Ameritech (now SBC Communications), General Electric and Xerox.

Reporting to Mr. Bakosh are:

Vince Costello, Vice President of Sales for Established Carriers. Most recently Mr. Costello was Vice President of Global Sales for Bell Atlantic, where he was responsible for over $1.5 billion in revenue. In addition, Mr. Costello created and led NYNEX's Network Integration division and was appointed President & CEO of Bell Atlantic's Network Integration subsidiary.

Marcel Dridje, Vice President of Sales and Marketing for Europe, Middle East and Africa (EMEA). Mr. Dridje has 15 years experience in European sales for both U.S. Fortune 100 companies and high-tech startups. Prior to joining Corvis, he was Service Provider Business Development Director- EMEA for Lucent Technologies where he led the sales effort for their data networking unit.

Mike Ward, Vice President of Sales for Emerging Carriers. Mr. Ward was Vice President of Service Provider Networks for Lucent Technologies before joining Corvis. In that role, he was responsible for over $1 billion in revenue and managed over 160 sales representatives.

Phil Wonderley, Vice President of Sales for Interexchange Carriers. Mr. Wonderley joins Corvis from Tellabs where he led their IEC sales team with a run rate of $200 million annually. Prior to Tellabs, he developed and led a sales program targeted at the health care market for Cisco Systems and General Electric.

About Corvis

Corvis Corporation is a provider of all-optical networks founded by Dr. David Huber, a pioneer in the field of optical communications. The company is revolutionizing the way communications traffic is moved in the new Internet-driven economy by deploying the industry's first all-optical network providing integrated all-optical switching, ultra-long distance transport and network management.

Corvis products and services deliver all-optical network intelligence and mesh network capability.

This allows communication service providers to realize a significant gain in network capacity using existing fiber in the field and improve their competitiveness by delivering new and existing services and applications more rapidly, while significantly reducing the overall capital and operational cost of building and maintaining their network.

For more information, call Corvis at 443-259-4000 or visit the Corvis web site at www.corvis.com. Corvis, CorWave and the Corvis logo are trademarks and/or service marks of the Corvis Corporation.