Highwave Optical Technologies in acquisition discussions

September 20, 2004 Lannion, France --Highwave Optical Technologies, a supplier of active fiber-based components and subsystems for DWDM systems, lasers, fiber-optic sensors and defense markets, announced the suspension of trading in its shares due to acquisition negotiations.

The aim of the acquisitions negotations is to develop operations while reinforcing its cash position, according to the company. Highwave's management had no further details to provide but indicated that the company will do so should discussions be finalized or aborted.

Since its listing on the market in June 2000, shares of Highwave Optical Technologies (HGWO) have been traded on the Euronext Paris market.