Finisar Systems Europe

Finisar Systems Forms European Union Distribution Center

    SUNNYVALE, CA (ots) - Finisar Systems, a division of Finisar Corporation (NASDAQ: FNSR) specialising in SAN and LAN performance tools, announced today the formation of its European Union Distribution Centre. Located in the United Kingdom, Finisar Systems (Europe) will deliver the breadth of LAN and SAN monitoring and analysis solutions to corporations throughout Europe.

    "This step reflects our strong commitment to Europe, a region that has been a major market for Finisar from the beginning," said Bill Shaw, General Manager of Finisar Systems.

    Finisar has operated globally since it shipped its first Fibre Channel Protocol Analyser in 1996. The company began selling in Europe at the same time it started U.S. sales. Laky Hothi, Finisar Manufacturing Representative GCH Test and Computer Services Ltd. for the region, has been named Managing Director of Finisar Systems Europe. Laky brings a vast amount of experience managing international companies in the European market most recently 8+ years with GCH Test and Computer Services Ltd.

    "We are thrilled at the prospect of selling to the European marketplace Finisar's extensive range of SAN and LAN products," said Laky Hothi Finisar Systems Managing Director. "Finisar's commitment to emerging technologies like iSCSI, 10 Gigabit Ethernet and 2Gb Fibre Channel will be a great benefit to the current and emerging SAN and Enterprise LAN networks throughout the European Union."

    Trevor Powell, Vice President of Sales, Finisar Systems said, "Laky and his team have exceeded our expectations in the UK which in turn has opened the door to the rest of Europe." We look forward to continued success with GCH and our European Partners."

    About Finisar

    Finisar Corporation (Nasdaq: FNSR) is a technology leader for fiber optic subsystems and network performance test systems which enable high-speed data communications over Gigabit Ethernet local area networks (LANs), Fibre Channel storage area networks (SANs), and metropolitan area networks (MANs). The Company is focused on the application of digital fiber optics to provide a broad line of high-performance, reliable, value-added optical subsystems for networking and storage equipment manufacturers. The Company's headquarters are located at 1308 Moffett Park Drive, Sunnyvale, CA 94089. For more information, visit the Company's web site at www.finisar.com.

    Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

    The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended, including Statements regarding Finisar Corporation's expectations, beliefs, intentions, or strategies regarding the future. All forward-looking statements included in this document are based upon information available to Finisar Corporation as of the date hereof, and Finisar Corporation assumes no obligation to update any such forward-looking statements. These forward-looking statements involve risks and uncertainties, which could cause actual results to differ materially from those projected. Other risks relating to Finisar Corporation's business are set forth in Finisar Corporation's Form 10-K report for its fiscal year ending April 30, 2001, as filed July 18, 2001 with the Securities and Exchange Commission, and other reports filed from time to time with the Securities and Exchange Commission.

    About GCH

    GCH Test & Computer Services Ltd is an approved ISO9002 accredited company, formed in 1993, has since gained a vital market presence as a leader in supplying high technology products and support maintenance contracts.

    GCH Test & Computer Services Ltd are members of the Fibre Channel Industry Association Europe.

    We have established an excellent reputation with such high profile companies as:

    Hewlett Packard, Dell, Nortel Networks, Hitachi Data Systems, 3Com, Racal Radar etc.

    With customers being our main focus, we feel that it is vital to build relationships to continue assessing future requirements in partnership with you, so that we can provide your company with the correct products and support you need. We feel that customer service is vital and will endeavour to deliver your solutions in a professional manner.

ots Originaltext: Finisar Systems Europe
Internet: www.newsaktuell.ch

Contact:
Finisar Systems Europe
c/o GCH Test & Computer Services Ltd
Progress Business Centre
5 Whittle Parkway
Slough, Berks
SL1 6DQ
U.K
Phone +44/1628'559980
Fax    +44/1628'559990
E-mail: info@gch-services.com

Pressekontakt:
Steve Fiore
S&S Public Relations
Phone 847-955-0700
E-mail: Fiore@sspr.com

Terry Hunt
Finisar Systems
Phone +1/408-400-1008
E-mail: terry.hunt@finisar.com

Shelby Palmer
Investor Relations
Phone 408-542-5050
E-mail: spalmer@finisar.com



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