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Updated: July 8th, 2008 05:26 PM CDT

Bookham Enters Into Agreement to Acquire VCSEL Technology Leader Avalon Photonics

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PR Newswire
via NewsEdge Corporation

Safe Harbor Statement

Any statements in this announcement about the future expectations, plans or prospects of Bookham, including statements containing the words "believe," "plan," "anticipate," "expect," "estimate," "will" and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995, including the timing of the closing, if any, and the expected benefits of the transaction. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including factors described in Bookham's most recent quarterly report on Form 10-Q. These include continued demand for optical components, transfer of test and assembly operations to China, no further degradation in the $/pounds Sterling exchange rate and the continued ability of the Company to maintain requisite financial resources. The forward-looking statements included in this announcement represent Bookham's view as of the date of this release. Bookham anticipates that subsequent events and developments may cause Bookham's views to change. However, Bookham disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this document. Those forward-looking statements should not be relied upon as representing Bookham's views as of any date subsequent to the date of this announcement.

SOURCE Bookham, Inc.

CONTACT: Jim Fanucchi of Summit IR Group Inc., +1-408-404-5400, or ir@bookham.com, for Bookham, Inc.; or Steve Abely, Chief Financial Officer of Bookham, Inc., +1-408-919-1500

<<PR Newswire -- 03/03/06>>


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