BALDWIN PARK, Calif.--(BUSINESS WIRE)--June 4, 2002--Auxora, Inc., a provider of wavelength management and control solutions for optical communications, announced that it has extended its Series A financing round with an additional $3 million, led by Rustic Canyon Ventures. Existing investors Intel Capital and individuals also participated.

This financing round brings the total investment in Auxora to $14.7 million. Rustic Canyon, Intel Capital and individuals provided an investment of $11.7 million in September 2000. Auxora plans to use the funds to continue expansion of its R&D efforts and to help bring its new products, including tunable filters, to market this year.

Using its proprietary NanoCode* deposition technology, Auxora's current products include tunable filters, DWDM filters (50Ghz and 100Ghz), and specialty thin film filters such as Gain Flattening Filters and high performance band splitters. Auxora has currently over 15 public and private customers in the US and abroad.

"We are excited to announce the closing of our Series A financing round with our existing investors Rustic Canyon Ventures and Intel Capital," said Dr. Xinxiong Zhang, Auxora's President and Chief Executive Officer. "Our financial resources, combined with our proprietary technology and proven track record of providing carrier-qualified optical solutions, positions Auxora well for the current and next generation market opportunities," Zhang concluded.

"Auxora has demonstrated that it has the technical and market skills to gain the ultimate validation, increasing sales in a difficult market," said Michael Kim, partner at Rustic Canyon Ventures. "Their proven ability to execute is what gives them credibility with their customers."

About Auxora, Inc.
Auxora, Inc. provides wavelength management and control solutions for the optical communications industry through its proprietary NanoCode* technology. Auxora was founded in January 2000 and closed its initial Series A financing in September 2000. The Company is located at 4750 Littlejohn Street, Baldwin Park, CA 91706. For more information on Auxora, visit www.auxora.com.

About Rustic Canyon Ventures
Rustic Canyon Ventures is a $550 million venture capital fund focused on core technology infrastructure, business services, communications equipment and other technology-oriented high-growth industries. Portfolio companies include Amber Networks, Allegro Networks, EM4 Photonics, Confluent Photonics and VSK Photonics. For more information, visit www.rusticcanyon.com.

About Intel Capital
Intel Capital, Intel's strategic investment program, focuses on making equity investments and acquisitions to grow the Internet economy in support of Intel's strategic interests. Intel Capital invests in hardware, software and services companies in several market segments, including computing, networking, and wireless communications. For more information, visit www.intel.com/capital.

CONTACT: Auxora, Inc. Malcolm McLean, 626/939-7500