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Date: 22nd June 2005
Title: Transmode nominated for Swedish IT Company of the Year award


Sweden's most prestigious honour in the world of Information Technology

Transmode, formed by the merger of Transmode Systems and Lumentis in March this year, is one of three companies nominated for the Swedish "Guldmusen" award in the category "Swedish IT Company of the Year". Previous winners include MySQL and the inventor of Skype, Niklas Zennström

Guldmusen (the Golden Mouse) is awarded to those Swedish entrepreneurs, developers, users and others who have made greatest contributions to advance and promote IT. Among the supporting organizations behind the award is The Swedish Trade council and leading business and IT publications such as Affärsvärlden and Computer Sweden.

"Guldmusen is Sweden's premiere recognition for excellence within Information Technology. Being one of the nominees is a great honour for us. We have always been very focused on technology and services that are outstanding in the field of optical networking, and hopefully we can go all the way in September and come out as the winner", said Transmode's CEO, Isaac Olasoko.

The prize is awarded in four different categories: Swedish IT Promoter of the Year, Swedish IT Product of the Year, Swedish IT Profile of the Year and Swedish IT Company of the Year. The ninth annual Guldmusen Awards will be presented on September 2005, at the Guldmus Gala at Stockholm City Hall, during ICT-week.

Transmode's business success in Europe and globally has already earned the company recognition from the investment community. In May 2005, the company was awarded Red Herring's 100 Europe Award, listing the most promising and innovative European high-tech companies.

Transmode develops and markets a full spectrum of Optical Networking solutions based on Wavelength Division Multiplexing (WDM) tehnology, designed to cater for the needs of Network Operators and Enterprises alike without compromising on functionality or cost-efficiency.

For more information about the Guldmusen Awards, please visit:
www.guldmusen.se/pressmaterial/info_guldmusen_eng.pdf

About Transmode:
Transmode is a Pioneer in Optical Networking. Innovations such intelligent WDM (iWDM), which dramatically lowers operational cost, and unamplified DWDM, which reduces network CAPEX and complexity, have contributed to success at a global level, with a customer base of more than 100 network operators, service providers, enterprises and public institutions across Europe, the Americas and Asia.

Transmode is the only company with the full spectrum of Optical Networking solutions based on WDM, designed to cater for the needs of Network Operators and Enterprises alike without compromising on functionality or cost-efficiency. Transmode's product portfolio addresses Optical Networking requirements from regional networks, through metro core and access networks, all the way down to the customer premises.

For more information about Transmode, please visit http://www.transmode.com

For further information please contact:
Michael Crossey
VP Marketing & Business Development
Transmode Systems AB
michael.crossey@transmode.se
Tel: +44 7734 318210

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