Multilink OKs Reverse Stock Split

SOMERSET, N.J. -- Multilink Technology Corporation (Nasdaq: MLTC), a leading provider of advanced semiconductor-based solutions that accelerate the deployment of high-speed optical networks, announced today that its shareholders have approved and its board of directors has authorized a reverse split of the company's Class A and Class B common stock effective 5:00 p.m. EDT September 5, 2002. Beginning Tuesday, September 10, the company's Class A common stock will trade under the interim ticker symbol "MLTCD." After 20 trading days, the company expects that its ticker symbol will revert to "MLTC." The ratio of the reverse stock split will be one-for-ten, which will reduce the number of shares of issued and outstanding Class A common stock from approximately 49.7 million to approximately 5.0 million and Class B common stock from approximately 26.0 million to 2.6 million. The par value of the Class A and Class B common stock will remain at $0.0001 per share and the number of authorized shares of Class A and Class B common stock will remain at 200 million and 100 million, respectively. Multilink Technology Corp.