Cummings Properties Media Release - March 10, 2009

Aegis Lightwave Extends with Cummings Properties
Cummings Properties Media Release

Woburn, MA - Aegis Lightwave, Inc., a maker of optical monitoring solutions for the fiber-optic communications industry, recently extended its lease for more than 20,000 square feet at 78 Olympia Avenue with Cummings Properties.

Founded in 2000, Aegis was formerly known as Aegis Semiconductor. In 2008, Aegis acquired CardinalPoint Optics, an emerging leader in next-generation optical channel monitors. Aegis recently acquired AOFR, an Australian fiber component maker and a subsidiary of Arasor International, Ltd., which is a leading supplier of fused fiber couplers for the communications, test equipment, industrial, sensing, military and aerospace markets. AOFR will continue to sell products under its own brand.

According to company officials, Aegis is the first company to deliver low-cost wavelength-monitoring components and modules that are easily manufactured using proven methods from the semiconductor industry. The company was the first in the industry to commercialize tunable thin-film filters and has filed more than 30 patents on the Active Thin Films™ technology platform and its applications.

Derek Russell, a Cummings Properties' leasing/property manager and Marc Knittle, key account manager, represented the company in the lease transaction; Aegis represented itself. Russell commented, "It's rewarding to watch how Aegis has grown since it started with us. It's an encouraging story, especially in this economy."

The Olympia Avenue complex is just around the corner from West Cummings Park, which is well-known for its wide array of amenities including Fed Ex Kinko's, Starbucks, banks, retail shops, medical facilities, business service firms and numerous restaurants.

Cummings Properties has been leasing and managing prime commercial real estate in 10 communities around Boston for 40 years. Long known as an early haven for start-ups, the Woburn-based development firm also hosts major facilities of some of the area's largest and most active high tech firms. More than two million square feet of the portfolio is currently leased to high tech, life science and bio tech industries.