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LaserComm Wins KPMG's 'Product of the Year' High Tech Award

October 29, 2001

Plano, Texas, October 29, 2001 - LaserComm, an innovator of photonic components and modules and a leader in managing chromatic dispersion in optical networks, today announced it has been recognized with KPMG's first High Tech Award for "Product of the Year" in the category of companies with 200 or fewer employees in Texas. This award acknowledges LaserComm's breakthrough Hi-Mode™ Dispersion Management Device (DMD) that enables more data at faster speeds over telecommunications networks.

LaserComm's Hi-Mode DMD was selected by leaders in academia, government, and industry based on its innovation, market application, and future growth potential. The Hi-Mode DMD reverses the negative effects of chromatic dispersion-a "blurring" of light pulses in optical fiber-that cause data errors in optical networks. The Hi-Mode DMD uses new optical technology that changes the relative speed of light, resulting in clear data signals to deliver more bandwidth at dramatically lower costs.

"We are honored to be recognized by KPMG and leaders of the North Texas technology community," said Eduardo Shoval, LaserComm's CEO and founder. "This award is a tribute to the value of LaserComm's unique technology-technology that has been transformed from optical theory to a real-world solution through the hard work of our team."

The KPMG High Tech Awards honor the people, companies, and products of the North Texas technology community that are changing the world. At an awards celebration on October 24, LaserComm's Hi-Mode DMD was selected from over 142 nominations, representing nearly 110 organizations in the North Texas area.

In addition to recognition by the KPMG "Product of the Year" award, this year LaserComm has been named to Red Herring magazine's "Top 50 Private Companies," Dallas LocalBusiness.com's "50 to Watch," and Deloitte & Touche's regional "50 Fastest-Growing Technology Companies."

KPMG is one of the oldest and largest public accounting firms that provides integrated professional services, including tax, transaction services, valuation, management assurance and advisory services, to industry-leading companies worldwide.

About LaserComm
LaserComm Inc., a privately-held company, is a leading developer and manufacturer of innovative components and modules for advanced optical networks. Based on its breakthrough photonics technology, LaserComm's chromatic dispersion management solutions enable optical systems manufacturers and communications service providers to carry more data at faster rates and over longer distances, at reduced cost. The company has headquarters and manufacturing facilities in Plano, Texas, and a Product Development & Photonic Research Center in Tel Aviv, Israel. More information about LaserComm can be found on the web at www.lasercomm-inc.com.

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