Fujikura Closes Nistica Purchase

  Fujikura Closes Nistica Purchase

  Nistica to continue current operations as a Fujikura subsidiary developing
                         innovative optical products

Business Wire

TOKYO & BRIDGEWATER, N.J. -- June 04, 2012

Fujikura Ltd. today announced the completion of its acquisition of privately
held Nistica, a Bridgewater, New Jersey based company that supplies wavelength
selective switches to network equipment manufacturers. The acquisition will
enable Fujikura to provide financial stability and R&D power to Nistica to
build future products.

“The combination of Fujikura’s global reach and Nistica’s innovative product
portfolio will speed up the delivery of novel solutions to our customers,”
said Takamasa Kato, Fujikura’s Executive Vice President and Representative
Director, and Chairman of Nistica’s Board of Directors.

“The Nistica team is excited to be part of the Fujikura family,” added Ashish
Vengsarkar, Nistica CEO. “With the financial backing of a multi-billion dollar
parent company and the DNA of an agile high-growth startup, we look forward to
delivering new products to the market.”

Nistica will remain a Delaware corporation, with Fujikura holding a majority
ownership position and with NEL retaining a minority equity interest in the
company. Frank Smith will continue in his role as Chief Operating Officer, and
the Founders, Thomas Strasser and Jefferson Wagener, will remain focused on
addressing customers’ current and future needs as Chief Technology Officer and
Chief Innovation Officer, respectively.

About Nistica:

Founded in 2005, Nistica is a global supplier of agile optical modules that
simplify, automate and make affordable the delivery of high‐bandwidth
applications, enabling systems providers across multiple industries to meet
ever‐increasing demand. Nistica is a subsidiary of Fujikura Ltd. For more
information, visit www.nistica.com.

About Fujikura Limited:

Fujikura is a global supplier of optical fibers and fiber‐optic components.
Since its establishment in 1885, Fujikura has grown from being Japan’s
foremost manufacturers of electric wire and cables to offering a growing range
of products for the information and communications industries. For more
information, visit the company website, http://www.fujikura.co.jp/eng.

Contact:

Nistica
Jay Taylor, +1-908-566-1302
Marketing
jtaylor@nistica.com
or
Fujikura, Ltd.
Tetsuya Noda/Akira Yutani, +81-3-56-6-1112
Corporate Strategy Planning Division
tetsuya.noda@jp.fujikura.com
yutania@fujikura.co.jp
or
AFL
Corie Culp, +1-864-433-5409
PR Manager
Corie.Culp@AFLglobal.com