SUNNYVALE, CA -- (MARKET WIRE) -- March 7, 2007 --

What:            Jerry Rawls, Chairman of the Board, President and Chief
                 Executive Officer, Finisar Corporation (NASDAQ: FNSR), to
                 address the industry at the annual Executive Forum.

When/Where:      March 25 - 26, 2007 at the Hilton Anaheim, Anaheim, CA

Details:         "State of the Industry: The Components Establishment" will
                 explore the obstacles and opportunities as well as
                 influential factors driving the optical communications
                 industry in 2007. The panel features companies that
                 perennially top the charts when it comes to sales figures
                 and headlines. This panel session will take place on
                 Monday, March 26 from 1:30 - 3:00 p.m.

Event Details:   The Executive Forum provides industry executives with
                 networking opportunities, and insights and analysis from
                 the field's leading business and financial experts on
                 tomorrow's trends and opportunities. Unlike other
                 "executive-level" events, the Forum's topics and
                 speakers are organized by a diverse group of business
                 leaders working in the industry.

                 Keynote Session:

                 Outlook for Optics - Bright Light at the End of the Tunnel
                 --  Ryan Limaye, Managing Director, Head of
                     Telecommunications Investment Banking, Goldman, Sachs
                     & Co.

                 Other speakers include more than 20 industry executives,
                 such as:

                 --  Reuben F. Richards, Jr., President & CEO, EMCORE
                 --  Jo Major, Chairman of the Board, President, and CEO,
                 --  Vik Saxena, Senior Director, Network Architecture,
                     Comcast Cable

                 The Executive Forum is presented by OSA and Lightwave,
                 produced by OSA and PennWell and sponsored by Intel

Registration:    Registration for the Executive Forum is open and can be
                 accessed online at

Finisar Contact: Victoria McDonald
                 Finisar Corporation

OSA Executive
Forum Contacts:  Leah Wilkinson, 703.892.8080,
                 Colleen Morrison, 202.416.1437,

Contact Information: Contact: Victoria McDonald Finisar Corporation 408.542.4261