NanoOpto Appoints Douglas W. Reilly as Vice President of Operations; Addition to Executive Team Supports Ramp to Commercial Production

Business Wire, June 28, 2004

SOMERSET, N.J. -- NanoOpto Corporation, who is applying novel design methods and proprietary nano-fabrication technology to produce a broad range of unique optical components that enable higher quality, low-cost optical components and systems, today announced the appointment of Douglas W. Reilly as Vice President of Operations.

Reilly brings 10 years of experience in operations management, project and product development, and process design to NanoOpto. Prior to joining NanoOpto, Reilly was VP of Operations at Optium Corp, where he was responsible for building a scalable business and manufacturing infrastructure while positioning that company as a world-class supplier. Reilly also held senior operations roles at JDS Uniphase Corp, with major contributions of 60% reduction in production costs, improvement in manufacturing processes, and redesigning production techniques to increase productivity by 300%. Reilly holds an MBA in General Management from Columbia University and a BS in Electrical Engineering from Worcester Polytechnic Institute.

"As NanoOpto ramps up our commercial production capabilities, we are pleased to welcome someone of Doug's caliber to our leadership team," said Barry Weinbaum, President & CEO of NanoOpto, "He will play a critical role in leveraging our unique product and manufacturing platforms to deliver superior, cost-effective optical components to our customers and in meeting their expectations for on-going product support."

About NanoOpto

NanoOpto Corporation is applying proprietary nano-fabrication technology to the rapid design and high-volume manufacture of nano-optic devices for optical components and systems. The company's nano-meter scale optical function design capability combined with wafer-scale manufacturing methods delivers optical components that allow more rapid prototyping, higher performance, and lower overall system cost. Both independently and with industry partners, NanoOpto uses its technology to produce superior versions of standard optical components and new classes of integrated optical subassemblies for both custom and general applications. The company has received financial backing from leading venture capitalists and is based in Somerset, New Jersey. For additional information about NanoOpto, visit www.nanoopto.com.