FOR IMMEDIATE RELEASE
ECOC 2007 – Booth 12067 and 12068

Molex Incorporated and ColorChip Join Forces in Developing the Next Generation of Pluggable Transceivers on PLC Platforms

CAESAREA, Israel and LISLE, Il. – September 12, 2007 – ColorChip, a leading manufacturer of glass-based Planer Lightwave Circuit (PLC) chips and modules for the Fiber To The Home (FTTH) networks and Molex® Incorporated have agreed to develop next generation pluggable PLC transceiver platforms for the FTTH and datacom markets.

Based on proprietary PLC technology and integration from ColorChip and interconnect packaging technologies from Molex, the platforms will provide the telecom and datacom markets with a highly reliable and low cost transceiver product line for use in both indoor and outdoor conditions. All products will be designed to meet or exceed Telcordia standards for pluggable transceivers. The platforms will support applications for SFP, XFP, SFP+, QSFP and other pluggable transceiver MSA packages.

“ColorChip is delighted to be working with such an experienced team at Molex. We plan on delivering the industry’s premier pluggable transceivers based on our efforts. This product platform opens the market opportunity for ColorChip’s PLC based transceivers to be used in other Telecom and Datacom market segments that require pluggable MSA based packages,” said Moshe Price, CEO of ColorChip Inc.

The Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation is co-funding the program with ColorChip and Molex. The BIRD Foundation promotes strategic partnerships between Israeli and American companies in various technological fields.

“The opportunity to develop leading edge waveguide interconnect technology under a BIRD Foundation grant and with an innovative company such as ColorChip is very exciting for us,” said Tom Marrapode, director of marketing for Molex Fiber Optics. “The combination of ColorChip’s SystemOnGlass technology for PLC based transceivers and Molex’s interconnect connector technology is ideal for creating a fully automated assembly of pluggable transceiver products.”

About ColorChip, Inc.
ColorChip is a privately held company that designs, develops and markets innovative chips and modules for the fiber optic access and datacom markets. The Company’s products are based on its Ion Exchange on glass and revolutionary SOG™ (SystemOnGlass™) technologies. ColorChip provides PLC splitters, integrated SOG™ Fiber To The Home (FTTX) EPON , BPON and GPON transceivers, and other customized PLC products. The company’s technology assures complete reliability, while enabling significant development and manufacturing cost reductions as well as reduced component and product footprints.

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