PerkinElmer Optoelectronics Debuts Innovative Telecom Products at OFC 2002; New Products Drive Improvements in Telecommunications Bandwidth.

Business/Technology Editors

Optical Fiber Communications 2002

Booth Number 3901

ANAHEIM, Calif.--(BUSINESS WIRE)--March 18, 2002

PerkinElmer, Inc. (NYSE:PKI) a technology company providing market-driven integrated solutions for the telecommunications industry, is showcasing several products at OFC (Optical Fiber Communication) 2002, in Anaheim, Calif., March 19-21. Innovative new products include CHROMOS12, a new highly-portable fiber optic test set, a detector array for DWDM channel monitoring, and a new surface mountable 2.5Gbps miniDIL receiver with Gull Wing configuration.

"The improved speed, sensitivity and capabilities of the products we're showcasing at OFC are a result of PerkinElmer Optoelectronics' commitment to respond to customer needs," said John P. Murphy, president of PerkinElmer Optoelectronics. "These products expand the communication possibilities for our customers while continuing to exceed the industry standard, helping to dramatically improve network speed and expand the potential for high-bandwidth applications."

The following new technologies will be available for demonstration at OFC:

-- CHROMOS12 -- Designed to calculate highly sensitive chromatic and
polarization dispersion (PMD) with superior accuracy, the CHROMOS12 is the
industry's first portable optical network dispersion field test set that
measures networks as they are being built. The new CHROMOS12 allows
transmission system suppliers and operators to test the total end-to-end
dispersion with a single network fiber with minimal disruption for optimal data
transmission efficiency.

-- SFFBP12 -- Featuring the latest standard 10Gbps receiver package, the
SFFBP12 is a small form factor (SFF) optical receiver offering optimal
performance in the smallest package available. Designed for metro and long-haul
applications where high sensitivity and wide dynamic range are required, the
SFFBP12 is ideal for integration into OC-192 transponders and line cards.

-- SRBA10 -- Designed for integration into transponders and line cards, the
SRBA10 is part of a new series of 10Gbps avalanche photodetector (APD)
receivers offering ultra-high sensitivity and a wide dynamic range. Ideal for
metro applications, the SRBA10 features surface mount differential outputs in a
16-pin butterfly package.

-- 512-Element Multiplexed Array -- Offering precise signal monitoring and high
performance, the 512-Element Multiplexed Array detector is an ideal solution
for DWDM channel monitoring and other spectral measurement applications
requiring high resolution. Designed to be easily integrated into a DWDM Optical
Performance Monitor, the linear array has 512 elements with standard pixel
height of 0.5 mm and pixel pitch of 25 mm. The integrating amplifier maintains
zero volt bias across each InGaAs photodiode, minimizing dark current and low
frequency noise, allowing for longer exposure times with increased sensitivity.


-- SRBP10 -- Designed for use in digital communication applications, the SRBP10
receiver incorporates a high-speed InGaAs photodiode and a low-noise SiGe
transimpedance amplifier in a 16-pin butterfly package. This 10 Gbps receiver
module features a high sensitivity of -18dBm and a co-planar output to simplify
the interface to high-frequency transmission lines.

-- SRAP10 -- Incorporating a high-speed InGaAs photodiode and a low-noise GaAs
HBT transimpedance amplifier, the SRAP10 is a 10 Gbps PIN receiver with
single-ended output designed to provide the highest sensitivity in its class.
Offered in an 8-pin butterfly package with K-connector output, the SRAP10
features high-bandwidth of 9 GHz and sensitivity in excess of

-19dBm, making it ideal for metro and long haul applications.

-- SRNBP/A 2.5G -- Designed to integrate easily into

optoelectronics modules, the compact miniDIL surface mountable

Gull Wing receiver package offers the same high level of

performance as its through-hole counterpart. The Gull Wing

package can be used in SONET/DWDM line cards, transceivers,

fiber channels, Ethernet and digital video transmission

equipment.

Please see product datasheets available at www.perkinelmer.com/opto for detailed technical information.

Factors Affecting Future Performance

This press release contains "forward-looking" statements. For this purpose, any statements contained in this press release that relate to prospective events or developments are deemed to be forward-looking statements. Words such as "believes," "anticipates," "plans," "expects," "will" and similar expressions are intended to identify forward-looking statements. While we may elect to update forward- looking statements in the future, we specifically disclaim any obligation to do so, even if our estimates change, and you should not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this press release. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: our ability to successfully integrate Packard BioScience's operations and employees with ours; our ability to realize anticipated synergies and cost savings from the Packard BioScience transaction; our inability to consummate a disposition of the Fluid Sciences business on favorable terms; a downturn in our customers' markets or in general economic conditions; our failure to introduce new products in a timely manner; economic, political and other risks associated with international sales and operations; difficulties integrating technologies, operations and personnel of recent acquisitions; competition from third parties, including pricing pressure; governmental regulation; and our level of debt and the possible incurrence of additional debt in the future. These and other important factors that may affect our actual results are discussed in detail in the risk factors set forth in Amendment No. 1 to our Registration Statement on Form S-4, filed on August 17, 2001 with the Securities and Exchange Commission, under the captions "Risk Factors -- Risks Relating to the Merger" and "Risk Factors -- Risks Relating to PerkinElmer's Business," which discussion is expressly incorporated by reference in this press release.

PerkinElmer Optoelectronics provides Digital Imaging, Sensor and Lighting technologies to speed the development of breakthrough applications for customers in Biomedical, Communications and Industrial markets. With development and manufacturing centers around the world, PerkinElmer Optoelectronics is able to leverage and align global resources to serve customers through innovation and operational excellence.

PerkinElmer, Inc. is a global technology leader focused in three businesses -- Life Sciences, Analytical Instruments and Optoelectronics. Combining operational excellence and technology expertise with an intimate understanding of our customers' needs, PerkinElmer creates innovative solutions -- backed by unparalleled service and support -- for customers in health sciences, communications and other markets whose applications demand precision and speed. The company operates in more than 125 countries, and is a component of the S&P 500 Index. Additional information is available through www.perkinelmer.com or 1-877-PKI-NYSE.