For Immediate Release

Date: March 13, 2001

Editorial Contact:
Cynthia T. White
Tel: 540-552-3011 Ext. 152
whitect@polysci.com

Poly-Scientific (a division of Litton Systems Inc., Woodland Hills, California) and Lumenon Innovative Lightwave Technology Inc. (St. Laurent, Quebec) today announced plans to jointly develop an advanced MEMS-based photonic switching solution. This initiative is expected to lead to the leveraging of Poly-Scientific's proven expertise in high performance and high reliability MEMS devices for critical applications and Lumenon's adaptive PHASIC process for manufacturing high performance, planar Array Wave Guides (AWG) devices, and is also expected to offer the telecom industry an innovative Configurable Optical Add-Drop multiplexer (COADM) solution.

Poly-Scientific manufactures a variety of fiber optic components designed for military, industrial and commercial applications and has pioneered MEMS technology for military applications for more than 10 years. Norris Lewis, Poly-Scientific Vice President of Technology says, "We believe that the combination of Litton's MEMS expertise with Lumenon's sophisticated optical component solutions will result in a very competitive COADM solution."

Lumenon Innovative Lightwave Technology, Inc. (NASDAQ NM: LUMM) is a developer and high volume manufacturer of critical optical devices for the global telecommunications, data communications and cable markets. "This initiative is in response to the telecom industry's every increasing need to move traffic around the network faster and cheaper and is in keeping with our strategy to be a leading optical solutions provider. We are very excited about teaming with Litton," says Mark Andrews, Lumenon's Vice-President and Chief of Technology.

About Lumenon Innovative Lightwave Technology, Inc.:
Lumenon Innovative Lightwave Technology, Inc. designs, develops and builds integrated optics devices in the form of compact hybrid glass circuits on silicon chips. These photonic devices - based upon Lumenon's breakthrough Hybrid Sol-Gel Glass technology and patented PHASICTM process - offer communications providers the ability to dramatically boost bandwidth in fiber optic cabling, the pipeline for today's burgeoning telecommunication, data communication and cable industries.

About Poly-Scientific:
Poly-Scientific is an innovative motion technology and fiber optic products company with design and manufacturing capabilities for a variety of rotary motion components, including precision motors and slip rings and for a variety of fiber optic components including hybrid optical transceivers, silicon micro-machined commercial and mil-hardened switches, precision fiber alignment V-groove assemblies and numerous custom optical devices. Poly-Scientific is headquartered in Blacksburg, Virginia, with operations in Murphy, North Carolina and Springfield, Pennsylvania.

This news release contains forward-looking statements made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are characterized by words such as "intends," "estimates," "expects," "projects," "plans," "anticipates," "goal," "believes," "targets," "scheduled" and similar expressions. Such forward-looking statements reflect management's current assumptions and estimates of future performance and economic conditions, and are subject to risks and uncertainties that could cause the company's actual results to differ materially such as the continued demand and growth of the telecommunications industry, the development of competing products and the uncertainty inherent in the development of new products and related manufacturing processes. For a discussion identifying additional factors that could cause the company's actual results to vary materially from those anticipated in the forward-looking statements, see the company's 2000 Annual Report on Form 10-K and other documents filed with the Securities and Exchange Commission. The company will not update the information contained in this press release and will not report on its progress or comment on its progress to analysts or investors until it has reported its actual results. Any statements by persons outside the company speculating on the progress of the company's performance will not be based on internal company information and should be assessed accordingly by investors.

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