T-Com Fund Invests in CoreOptics

BONN, Germany, NUREMBERG, Germany & MANCHESTER, N.H. -- CoreOptics Inc., a leading designer and manufacturer of 10Gb/s and 40Gb/s optical networking subsystems, today announced, that T-Com Venture Fund - the corporate venture fund of the broadband/Fixed Network division of Deutsche Telekom AG - has invested in the company.

This strategic investment emphasises the current development partnership between T-Com, CoreOptics and its manufacturing partners and backs today's roll-out of products and future innovation of CoreOptics.

"We are very pleased with T-Com Venture Fund's decision to invest in our company," said Hamid Arabzadeh, CoreOptics President and CEO. "This is indeed a strong validation of our company, our product portfolio and the future roadmap of our business to deliver innovative products to our carrier customers for their faster and more cost effective service delivery."

CoreOptics has been in forefront of developing innovative products to address carriers' requirements for innovative and cost effective service delivery. CoreOptics has developed advanced 10G/40G transponder subsystems products to overcome optical layer impairments, using innovative digital signal processing techniques based on the Maximum Likelihood Sequence Estimator (MLSE) algorithm. CoreOptics currently offers complete 10G DWDM, 40/43G Single Channel Short Reach and DWDM 300 pin MSA transponder subsystems.

"In expanding its network infrastructures and introducing forward-looking applications and services, our company is continuously pursuing innovative products and solutions," said Wolfgang Schmitz, Senior Executive Vice President Technology Engineering Centre, T-Com.

CoreOptics Inc.