Duncan Lewis Takes Over as Chairman of Cube Optics AG

Mainz, Germany - Cube Optics AG, the supplier of engineered components and access network solutions to the telecommunications industry, has named Duncan Lewis as its new Chairman of the Board.

With several senior executive roles in the telecommunications industry under his belt, most notably with Equant, GTS, British Telecommunications and Cable and Wireless, Duncan brings a wealth of telecommunications experience to Cube Optics.

"We are honoured that someone with Duncan’s industry stature and knowledge has joined our team and are especially happy that he will serve as Chairman of our Supervisory Board," explained Francis Nedvidek, CEO of Cube Optics. Francis added, "We are confident that Duncan will contribute enormously to achieving the ambitious goals that we and our shareholders have set for the company."

From its headquarters in Mainz, Cube Optics is commercially exploiting a range of optical components and modules, based on its low-cost active/passive integration platform, tailored to the demands of the access network. The company is enjoying significant revenue growth driven by the rising demand in telecommunications, cable, and video distribution applications.

On his new role, Duncan commented, "I am enormously excited to be working with Francis and his team, who have developed a range of products strongly positioned to meet the cost and performance requirements of broadband access networks."

Duncan Lewis was Chief Executive of GTS/Ebone Inc. which was sold to KPNQwest in April 2002. He was previously Managing Director of Equant which he joined in 1997 prior to IPO. Duncan navigated Equant through two secondary offerings and subsequently led its sale to France Telecom at the end of 2000. Prior to joining Equant, Duncan was Chief Executive of the Granada Media Group, held various international management positions at Cable & Wireless before becoming Chief Executive of Mercury Communications, and held several management positions at BT. In addition to a select number of other board roles, including Alan Dick and Completel, Duncan is Senior Advisor to The Carlyle Group in the TMT space.

About Cube Optics
Cube Optics sells a family of ultra-compact optical components and modules tailored to the demands of the access network. Its innovative active/passive optical packaging platform enables the Company to provide outside-plant Telcordia approved, bandwidth enhancing solutions at compelling price points. This miniature packaging platform leverages advanced micro-injection molding techniques and enables network operators to realize low-cost, high performance architectures for both large and small network deployments and legacy infrastructure upgrades. Cube Optics’ products have been implemented in a wide variety of applications including local loop unbundling, HFC capacity upgrades, FTTX roll outs as well as in equipment for the test and measurement of access networks. The Company is based in Mainz, Germany, and has received several rounds of funding from investors including The Carlyle Group, Star Ventures, Target Partners and Sevin Rosen Funds.