Senior Vice President with Alcatel-Lucent Brings Hands On Experience With Challenges Facing Telecommunication Provider Deployment Of Next Generation Digital Service Offerings

Austin, TX, August 23, 2007—Lightwaves (www.lightwaves.net) today announced that Michael Dobbs, Senior Vice President of Access Networks at Alcatel-Lucent, has joined its board of directors. In his role with Alcatel-Lucent, Dobbs has first hand experience with the OpEx challenge facing Telecommunications Providers as they deploy advanced digital service offerings through the home.

Service Providers are stepping up their deployment of IPTV and are starting to deploy femtocells; both of which require a robust, high performance home network. Today this is achieved by sending highly trained technicians into the home to test existing and install new wiring as needed for the services being deployed. When additional services are ordered at a future date another technician must be dispatched to add another wiring run. Technician time adds several hundred dollars of operating expense to every new service add and potential change order. Reducing OpEx is a significant challenge for service providers.

Lightwaves’ TimeFluxTM technology is the solution to this OpEx challenge. TimeFlux is a revolutionary home networking technology that is capable of delivering hundreds of megabits of throughput over any existing wiring, including twisted pair, power line and coaxial cable. It was designed from the ground up to allow consumer self installation and with performance that will deliver multiple streams of IPTV and have substantial bandwidth left for in home, peer to peer networking and femtocells.

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

Contact Information:

Lightwaves

Drew Childress

Vice President Business Development and Marketing

dchildress@lightwaves.net

512-338-4999