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Continuum Photonics Appoints Dan Stanzione, Retired Chief Operating Officer of Lucent, to its Board of Directors

Billerica, MA - January 20, 2003 - Continuum Photonics, Inc., an emerging leader in high-performance optical subsystems and components for the telecommunications industry, today announced the appointment of Dr. Daniel C. Stanzione, retired chief operating officer of Lucent Technologies Inc., to its board of directors.

“I have been impressed with Continuum’s team, technology and strategy. They are utilizing their unique core technologies to develop optical subsystems that will overcome many of the performance and cost limitations that have slowed the adoption rate of many other optical products,” said Dr. Stanzione. “Throughout its over four years of operating history Continuum has demonstrated the ability to generate revenues in a variety of markets. I look forward to working with the Continuum team as they bring their optical products to a recovering telecommunications market. I am sure they will be successful.”

“I am honored that Dan is joining Continuum’s team as a member of our board,” remarked Jeffrey Farmer, Continuum’s CEO, “his extensive experience in the telecommunications industry, both at Bell Labs and in leading a broad array of Lucent businesses, along with his vision and strong reputation for bringing successful products to market will be invaluable in guiding us as we continue to build our business.”

Prior to his role as COO at Lucent Technologies where he had oversight responsibility of technology, product architecture and manufacturing decisions, Stanzione was the president of Bell Laboratories, responsible for all R&D within Lucent from 1995 to 1999.

Stanzione began his career at Bell Labs in 1972. During the late 1980s and early 1990s, Stanzione was the president of business units within AT&T that had global responsibility for switching, transmission and large software system products for use within networks around the world. He became part of the new Lucent Technologies as part of the AT&T restructuring in 1996, and was president of Lucent's Network Systems unit during Lucent's early years.

Dr. Stanzione attended Clemson University, where he received a B.S.E.E., an M.S. in environmental systems engineering, and a Ph.D. in electrical and computer engineering. He is a Fellow of the IEEE and has published papers on computer simulation, microprocessors and software design. Stanzione has been granted four patents and currently serves on many corporate boards.

Stanzione joins other notable industry executives Robert Martin, Bell Labs CTO, and John Seazholtz, the retired CTO of Bell Atlantic, both of whom serve on Continuum’s advisory board, in supporting Continuum’s senior management team and investors as Continuum develops its photonic switch subsystem products.

About Continuum Photonics

Headquartered within Boston's high-tech beltway, Continuum is dedicated to bringing the highest performance photonic subsystem and system products to its customers. Leveraging commonality across its platform of patented technologies, DirectLight optical switches are the first in a series of products from Continuum aimed at changing the traditional economics of the communications and test industries. Founded in 1998, Continuum brings together a world-class team, and an extensive product history in aerospace, automotive, consumer products, and the military, where Continuum's products have been designed to meet the most demanding requirements. Continuum is supported through investments by Flagship Ventures, Prism Venture Partners, Harris and Harris Group, GE Capital, MTDC, Arcadian Venture Partners, and Gainesborough Investments.

For more information, please visit www.continuumphotonics.com

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Contacts

For Continuum Photonics, Inc.

Aaron A. Bent, PhD
Continuum Photonics, Inc.
978-670-4910, x189