ADVA Names CFO

MAHWAH, N.J., and MARTINSRIED/MUNICH, Germany -- ADVA Optical Networking today announced the appointment of Jaswir Singh as Chief Financial Officer (CFO), effective November 7, 2007. Singh will take over the role of CFO from Andreas Rutsch, who has served in this position since 1999. Rutsch has accepted a new CFO role and will leave ADVA Optical Networking on December 6, 2007.

Singh will introduce the next stage of evolution to ADVA Optical Networking’s financial and commercial management processes. He will take over global responsibility for all finance, accounting, controlling, legal and commercial affairs, IT, investor relations and support for M&A activities. With revenue growth of 35 percent CAGR over the past several years, and an employee base of nearly 1,000 at year-end 2006, ADVA Optical Networking has experienced exceptional growth and anticipates continued growth into the future.

Singh will enable this next growth phase. With more than 20 years of international experience in senior management and CFO roles for numerous telecommunications and high-tech companies, Singh has led financial and business management teams in several parts of the world. Most recently, he held CFO and senior business management positions at Nokia, Inc., the multi-billion dollar North American subsidiary of Nokia; AirDefense, Inc.; and Equant, Inc., a member of the France Telecom Group. He has led international teams of employees at both public and privately held companies, has been responsible for growing global business units and has designed and implemented financial processes and controls that ensured profitable growth and a solid footing for the future.

ADVA Optical Networking