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Arroyo Hires Temp CEO

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5/31/2003

SANTA MONICA, Calif. -- Arroyo Optics, a manufacturer of optical wavelength management solutions for telecommunications equipment manufacturers, today announced the appointment of Hatch Graham as Interim CEO and president. Bringing over 20 years experience leading successful telecommunications startups and public companies, Mr. Graham will manage Arroyo as the company introduces its programmable optical filter product, based on the company’s proprietary UltraFilter™ technology.

Mr. Graham also currently presides as Chairman and CEO of Bandwidth9, Inc. in Fremont, California, and as Chairman and co-founder of Atlanta-based Wave7 Optics. In addition, he has held the position of CEO, Chairman and/or co-founder of several other successful startup companies in wireless, optical, and wireline telecommunications, including Resonext (acquired by RF Micro Devices in December, 2003) and Actelis Networks, among others. Prior to Mr. Graham’s activities with privately owned companies, he held executive officer positions within industry leading public companies, including World Access, TCSI Corporation and Stanford Telecom.

Mr. Graham stated, "I am pleased to add the role of Interim CEO of Arroyo Optics to my startup company activities. The company has a highly capable team, the best product specs in the industry, and the backing of a superb group of investors. Our mission will be to capitalize on those factors and create increasing value for our clients and shareholders.”

Arroyo Optics

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