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GLIMMERGLASS AND TERILOGY ANNOUNCE JAPANESE PARTNERSHIP AND $1 MILLION INVESTMENT

Relationship To Accelerate Glimmerglass’ Growth in Japan

Hayward, CA – March 14, 2006 – Glimmerglass, the leading provider of Intelligent Optical Switches, today announced that it has partnered with Terilogy, (JASDAQ: 3356), provider of service assurance software solutions, to market and distribute Glimmerglass intelligent optical switches to telecommunications and networking customers in Japan.  Terilogy also invested $1 million in Glimmerglass to support the expansion of the company’s business worldwide.

This partnership expands Glimmerglass’ reach into the Japanese market, building on two consecutive investments made by NTT Leasing within the past six months.  Glimmerglass provides a family of Intelligent Optical Switches that deliver non-blocking connections between optical fibers in a wide range of port sizes.  Commercial networks, suppliers of communications products and government agencies rely on Glimmerglass’ solutions to provision, protect, test and monitor optical fibers in a variety of applications.

“We are pleased to add Glimmerglass optical switches to the solutions we offer customers seeking to improve the flexibility and economics of their networks,” said Takao Tsubuki, President of Terilogy.  “Glimmerglass has achieved an impressive reputation for quality and reliability – two factors we value highly in our commitment to customer satisfaction.”

“Terilogy’s excellent reputation and knowledge of the Japanese market is a tremendous asset to Glimmerglass,” said Glimmerglass CEO, Robert Lundy.  “We’re delighted to be working with a company of their stature to pursue the growing number of exciting opportunities in Japan.”

 

About Terilogy Company, Ltd.

Terilogy was founded as a "first generation network infrastructure based business" in 1989 in Tokyo. Terilogy has aimed at being a leading network integration company fully specializing in network-based business with "best of breed" technologies. Terilogy’s principal activities are to market network devices, BB equipment, software, and provide system development and maintenance services. For more information about Terilogy, visit: www.terilogy.com.

 

About Glimmerglass

System operators of commercial networks, mission-critical defense systems, advanced optical testing facilities and high-performance research networks rely on Glimmerglass to connect, monitor and manage light streams on optical fibers.  Each Glimmerglass Intelligent Optical Switch delivers low loss, any-to-any fiber connections without regenerating optical signals so that customers can more cost-effectively manage 10 Gigabit Ethernet, SONET/SDH, radio frequencies (RF), microwaves, analog and digital video and more.  For more information about Glimmerglass, visit: : : www.glimmerglass.com

 

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