Templex's Smart Optical Technology Attracts Investment from Intel.

EUGENE, Ore.--(BUSINESS WIRE)--Sept. 27, 1999--

Templex Technology, Inc., a leading innovator in high-bandwidth optical communications, today announced that Intel Corporation has invested in the company.

Templex intends to use this investment to further its product development, develop strategic partnerships, build company infrastructure and create market awareness. Specific details of the funding were not disclosed.

Templex's technology portfolio powers a family of all-optical, passive linear devices that enable Smart Optical(TM) data, dramatically expanding the capacity and functionality of optical communications systems. Before Templex, optical data was converted into electrical form before any decision-making could take place creating time delays and capacity restrictions. Applications of Smart Optical data enable service providers to serve many more customers with the same infrastructure through all optical routing, all optical switching, and multiple routable addresses on a single Dense Wavelength Division Multiplexing (DWDM) wavelength for metro systems. By adding a Code Division Multiplexing (CDM) overlay to long haul DWDM systems, Templex products create significant increases in capacity.

Templex devices add intelligence to, and enable decision-making, based on data in optical form. The conversion of data from optical to electrical form is undesirable because such conversion adds expense, reduces the capacity, and slows down a communication system. Electrical devices are typically the bottlenecks in today's communication systems.

"Our technology portfolio supports multiple products that are key to tomorrow's network -- a network that will include all-optical multiplexing, routing, switching and contention-free multi-user links and will provide dramatically more effective bandwidth at substantially lower cost," said Dr. Thomas Mossberg, CTO and founder of Templex. "The investment from Intel should enable us to continue our technology advancements and bring products to market more quickly."

"Optical communications technologies such as Templex's are enabling people to transmit more data via networks faster and less expensively," said Tom Willis, director, Business Development, Intel Corp. "As a building block supplier to the Internet, Intel encourages technology that increases the capacity and lowers the cost of the Internet."

About Templex Technology, Inc.

Founded in 1995, Templex Technology, Inc. is developing a new generation of telecommunications products based upon their revolutionary and proprietary Smart Optical technology. One of the first application areas addressed is Smart Optical enabled Code Division Multiplexing -- an approach to bandwidth enhancement that works in concert with Wave Division Multiplexing and Time Division Multiplexing to achieve optimal performance in a number of key optical networking applications. Located in Eugene, Oregon, Templex Technology, Inc. is a privately held company. For more information on Templex, please call 541/683-7474 or visit www.templex.com.

(c)1999 Templex Technology, Inc. Smart Optical is a trademark of Templex Technology, Inc. All other names may be trademarks or registered trademarks of their respective companies. Additional information can be found on Templex Technology's web site at http://www.templex.com.