Press Releases

CALIENT Technologies Secures Additional Funding

George Schmitt Elected Chairman of Board

San Jose, CA November 1, 2007 - CALIENT Technologies, a leading supplier of intelligent fiber management systems based on all optical switching, announced that it has secured $10 million in additional funding, led by TeleSoft Partners with participation from Enterprise Partners Venture Capital, Sofinnova Venture, Wall Street Technology Partners, and other current investors. The cash will be used to accelerate production, expand sales, and address new markets driven by the growth of fiber infrastructure for fiber-to-the-home and other emerging applications.

With the completion of this round of funding, George Schmitt, Managing Director of Telesoft Partners, was elected as Chairman of CALIENT’s Board of Directors. Mr. Schmitt has more than 40 years of broad telecom experience in wireless and wireline companies, including e.spire Communications, Omnipoint, LHS Group, Objective Systems Integrators, PCS PrimeCo, AirTouch Communications, Mannesmann Mobilfunk (Germany), Pacific Telesis, Pacific Telephone, and AT&T. CALIENT’s CEO, Daniel Scharre said, "George’s breadth of experience and deep industry contacts will be of immense value to CALIENT as it continues to expand its markets and sales."

About CALIENT Technologies

CALIENT Technologies is a leader in fiber optic cross-connect systems (FOCS). The company addresses critical access network and central office fiber deployment challenges faced by service providers, government agencies and optical network equipment providers. CALIENT's cost-shattering DiamondWave® systems make dynamic fiber management inexpensive and reliable, lower operations expenses and enable new revenue-generating optical services at the speed of the market. Shipping DiamondWave® products to production networks since 2002, CALIENT has one of the largest installed fiber switch bases worldwide. The company provides its cost and performance benefits to the highly demanding access, backhaul, and central office fiber management markets. CALIENT is headquartered in San Jose, California, with additional engineering and manufacturing operations in Santa Barbara, California.

CALIENT, CALIENT Technologies, the CALIENT Technologies logo and DiamondWave are registered trademarks of CALIENT Technologies, Inc. in the U.S. and other countries. All other marks used in this press release are the property of their respective owner.

Media contact for CALIENT Technologies:
J.P. Diestel
Director Marketing
CALIENT Technologies
408 972-3600