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Financial

Digital Lightwave Goes Global

CLEARWATER, Fla. -- Digital Lightwave®, Inc. (Nasdaq:DIGL - news), a leading provider of innovative optical networking products and technology, today announced that it has established an international distribution agreement with Wandel Global Services (WGS). Under the terms of the agreement, WGS will provide sales and customer support for the company's optical diagnostic and monitoring equipment in the Asia-Pacific, and Latin America regions. WGS, which represents some of the world's leading communication systems and test equipment manufacturers, is owned and managed by former shareholders and executives of Wavetek Wandel & Golterman, a major US-European manufacturer of internetwork analysis solutions, which was acquired by Dynatech Corporation in 2000.

``We are pleased to have formed this partnership with WGS, which furthers our strategy of working with key distributors to penetrate new markets for our products," said Gerry Chastelet, chairman, president and chief executive officer of Digital Lightwave. ``WGS was established by a team of experienced managers and engineers who have been working in the communications test industry for decades. Their expertise and close customer relationships should serve us well as we continue to expand our addressable international market opportunities."

http://www.lightwave.com
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