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NanoOpto President and CEO Barry Weinbaum to Present at NanoVentures 2002; Near-Term Impact of Nano-Technology on Optical Components and Systems is Discussed

Business Wire, March 7, 2002

Business/High Tech Editors

SOMERSET, N.J.--(BUSINESS WIRE)--March 7, 2002

NanoOpto Corp., which is applying proprietary nano-optics and nano-manufacturing technology to design and manufacture components for optical networking, announced today that its President and CEO, Barry Weinbaum will present at the NanoVentures 2002 conference in Richardson, Texas on March 8th at the 11am session.

Mr. Weinbaum's presentation, "Nano-Technology in Optics: Here, Real, Now," will focus on the application of nano-technology to create paradigm-shifting changes in the design and manufacture of optical components.

NanoOpto's newly introduced products and processes are based on 20 years of research in nano-optics and nano-manufacturing technology conducted by Dr. Stephen Chou, the Company's Chairman and Founder, and who is also an Elgin Professor of Engineering at Princeton University.

Mr. Weinbaum brings 21 years of executive and management experience in telecommunications with AT&T and Lucent Technologies to his role at NanoOpto, which he joined as President and CEO in August 2001. He has an established record of leading start-up, established and turn-around operations to market leadership in a range of product and technology areas.

About NanoOpto

NanoOpto Corp. is applying proprietary nano-optics and nano-manufacturing technology to design and make components for optical networking. Based on years of research, the Company's technology allows orders of magnitude more rapid prototyping, higher performance and lower overall system cost. Both on its own and with corporate partners, NanoOpto will use subwavelength optical principles to produce better conventional optical components and also to create new classes of integrated optical components on a chip. The Company's development of nano-manufacturing technologies, including patented nano-imprint lithography techniques, forms the basis for high volume manufacture at its facility in Somerset, New Jersey. The company has received financial backing from leading venture capitalists.

www.NanoOpto.com

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