Chastelet Joins Fiberspace Board

WOODLAND HILLS, Calif. -- It was announced today that Digital Lightwave's CEO, Gerry Chastelet, has been elected to the board of directors for fiberspace, Inc. Chastelet is the Chairman, President and CEO of Digital Lightwave, Inc. (Nasdaq:DIGL), a global supplier of optical diagnostic test technology and products for the telecommunications industry. fiberspace is a privately held developer of enhancement products for fiber optic communications systems and components. "Gerry is a wonderful addition to our board, and we are pleased to gain such a successful and knowledgeable industry leader," stated Dr. Leonardo Berezovsky, CEO and co-founder of fiberspace. "Gerry has led Digital Lightwave to strong growth and solid earnings even in the midst of challenging market conditions. His business acumen and vision for next generation technologies will favorably impact fiberspace moving forward."Fiberspace Inc.