Companies to Develop Next Generation Carrier-Class Broadband Technology for High Bandwidth Applications

Austin, TX, 3/5/2008—Lightwaves (www.lightwaves.net), a fabless semiconductor manufacturer that develops and markets chipsets for our TimeFlux^TM networking technology, and BAXL Technologies Inc. (OTCBB:BXLH), a leading technology solutions provider that enables the transmission of voice, data and video over existing wiring, announced today a strategic alliance to leverage their respective strengths in technology and product development. Lightwaves will work with Baxl to develop the next generation in carrier-class broadband distribution products.

Philip Kennedy, CEO of Lightwaves said, “We are confident that by joining forces, we can accelerate organic growth and enhance our collective market share. This alliance brings two leading technology companies together to deliver network distribution products with the potential to transform the ways telecom companies, cable companies and other service providers distribute broadband to their customers.”

Gus Bottazzi, CEO of BAXL added, “The combination of our respective technologies will enable BAXL to evolve its existing product portfolio and establish itself as a compelling option for carrier-grade deployments of broadband connectivity and applications. These next generation products should open up new distribution channels as companies recognize BAXL as a best-in-class network backbone.”

About Lightwaves
Founded in 2002 with its roots going back to the 1990’s, Lightwaves is headquartered Austin, Texas and also has operations in Cedar Rapids, Iowa. Lightwaves has over sixty issued and pending patents pertaining to pulse-based communications, GPS, information storage, UWB RFID, and location-enabled information techniques. For more information, visit www.lightwaves.net

About BAXL Technologies
BAXL Technologies, Inc., is a solutions provider enabling the reliable delivery of wired and wireless broadband applications including voice, video and data, over any existing wiring. The Merlot Solution allows the delivery of advanced applications including High Speed Internet Access (HSIA), Video on Demand (VOD), Voice over Internet Protocol (VoIP) and Video Security & Surveillance, without the added expense of wire upgrades, or the need for modems or local power. Founded in 1997, BAXL is headquartered in Bethel, Connecticut. For more information please visit www.baxl.net.

Contact Information:

Lightwaves
Drew Childress
Vice President Business Development and Marketing
dchildress@lightwaves.net
512-338-4999