1. © Copyright 2003 Frost & Sullivan. All Rights Reserved. World Fiber Optic Electronic Components Markets Current Economic Slowdown Has Crushed Demand, Cutting Profits Electronic Components Group “To maintain profit margins during the current economic downturn, the fiber optic electronic component industry needs to focus on new product lines and geographic regions to sustain demand.”

2. © Copyright 2003 Frost & Sullivan. All Rights Reserved. Industry Trends Recent political and economic uncertainties dramatically impact market potential Increased number of Internet users throughout the world Demand for faster bandwidth ignites growth China is becoming a hot market Consolidation is the only way some companies can stay afloat

3. © Copyright 2003 Frost & Sullivan. All Rights Reserved. Key Features Frost & Sullivan Provides: Detailed insights into recent developments and trends Drivers, restraints and challenges Analyst insights on ‘hot topics’ and emerging applications Market sizing and competitive analysis Market forecasts and opportunity analysis

4. © Copyright 2003 Frost & Sullivan. All Rights Reserved. What We Offer Global Coverage: U.S., Europe, Pacific Rim and Rest-of-the-World Proven methodology encompassing extensive primary and secondary data and research Focused information and strategies that cover business and technology issues Credible data and analysis highlighting industry dynamics

5. © Copyright 2003 Frost & Sullivan. All Rights Reserved. Who Will Benefit? Current Market Participants Find out how you compare to the competition Assess current and future drivers and restraints Determine and exploit new market share opportunities New Entrants Analyze challenges associated with the industry Calculate time scales for strategy implementation Position yourself to capitalize on the market’s unmet needs Investment Community Analyze long-term strategies of electronic component companies Determine which participants will outperform the competition Assess attractiveness of investing in electronic components market

6. © Copyright 2003 Frost & Sullivan. All Rights Reserved. What’s Included Optical switches Fiber optic connectors Fiber amplifiers Attenuators

7. © Copyright 2003 Frost & Sullivan. All Rights Reserved.  AFC Technologies, Inc.  Agere Systems, Inc.  Agilent Technologies  Alcatel USA  Alcoa Fujikura Ltd.  B&W Tek, Inc.  BaySpec, Inc.  Beyond Broadband Networks, Inc. (BBN)  Bosch Telecom, Inc.  Calmar Optcom, Inc.  Corning, Inc. Key Market Participants  Ericsson  Galileo Corp.  ILX Lightwave Corp.  Infineon Technologies AG  IPG Photonics Corp.  JDS Uniphase Corp.  Keopsys, Inc.  Koncent Communication, Inc.  Kyocera International, Inc.  Lexel Laser, Inc.  Lucent Technologies

8. © Copyright 2003 Frost & Sullivan. All Rights Reserved.  Luminent, Inc.  Methode Electronics, Inc.  MF Lightwave, Inc.  Mitsubishi Electronics America, Inc.  MPB Technologies, Inc.  MRV Communications, Inc.  Nortel Networks Ltd.  NTT Electronics Corp. (NEL)  O-Net International, Inc.  Oplink Communications, Inc. Key Market Participants (Cont’d)  Opnext, Inc.  Optical Communication Products, Inc. (OCP)  Photonetics, Inc.  Samsung Electronics  Santec Corp.  Seiko  Southampton Photonics, Inc.  Sumitomo Electric Industries Ltd.  Tyco Electronics  Velocium

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