PATENT INFRINGEMENT SUIT AGAINST FIBERCORE SETTLES FAVORABLY FOR OFS

Norcross, GA, August 15, 2007 - Furukawa Electric North America, Inc. ("FENA"), and its wholly-owned subsidiary OFS Fitel LLC, ("OFS"), a designer, manufacturer, and supplier of leading-edge fiber-optic products, announced today that the patent-infringement lawsuit against FiberCore, pending in the Western District of North Carolina, settled on terms that were extremely favorable to FENA.

"FiberCore did not dispute the position of OFS, that the asserted patents were both valid and infringed," stated Timothy F. Murray, President of Operations and Engineering for OFS.  "We are pleased with the outcome, since OFS invests millions of dollars each year in research and development to create new, patented inventions that bring significant value to our customers.  We are determined to stay the leader by investing in new technologies that answer the ever-changing demands that our customers face, striving for operational excellence and by diligently enforcing our intellectual property against would-be infringers."

About OFS
OFS is a designer, manufacturer, and supplier of leading edge optical fiber, optical fiber cable, optical connectivity and specialty photonics products for a wide variety of applications and industries. OFS has a proven track record of being first in the industry with application specific fibers, optical connectors, ribbon cables, erbium doped fibers, Raman fiber lasers and more. OFS is committed to providing customers increased value by offering products that deliver lowest cost per bit network solutions, protecting investments through future flexible solutions.

OFS distributes its optical fiber, optical fiber cable, optical connectivity and specialty photonics products directly to end users, as well as through valued distributors, external cable customers and equipment vendors.

OFS is owned by Furukawa Electric, a multi-billion dollar global leader in optical communications. Headquartered in Norcross, GA, OFS operates facilities in Avon, Connecticut; Carrollton, Georgia; Somerset, New Jersey; and Sturbridge, Massachusetts, as well as facilities in Denmark, Germany and Russia. For more information, please visit www.ofsoptics.com.

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Contact:

OFS
Peter J. Roberts
OFS
770.798.2580
pjroberts@ofsoptics.com