Highwave Sells Marseille Sub

LANNION, France -- Highwave Optical Technologies, (Nouveau Marché:HGWO), a leading European supplier of Dense Wavelength Division Multiplexing (DWDM)sub-systems for the deployment of high-speed optical telecommunication infrastructures,today announced the sale of its thin film activity.Highwave Optical Technologies and CILAS signed an agreement on Monday September 30,2002 to transfer 100% of HighWave Optical Technologies Marseille’s shares to the benefit ofCILAS."This sale is in keeping with our strategy to concentrate on our core business i.e. fibres, fibreBragg gratings and optical amplifiers" commented Eric DELEVAQUE, Chairman and CEOof Highwave. He added "This transaction secures Marseille's technological expertise, andallows us to have good relationship with CILAS."Jacques BATTISTELLA, Chairman of CILAS said: "Optical films represent a keytechnology for most of our products. This acquisition is a true opportunity for us tostrengthen in this area, whilst opening development prospects in new markets."Highwave Optical TechnologiesCompagnie Industrielle des Lasers (CILAS)