Finisar Corporation (NASDAQ: FNSR), a technology leader in gigabit fiber optic solutions for high-speed data networks, today announced it had received confirmation that the Nasdaq Listing and Hearing Council has determined that, with the filing of its previously delayed annual report on Form 10-K and quarterly reports on Form 10-Q on December 4, 2007, Finisar has demonstrated compliance with Nasdaq's filing requirements under its Marketplace Rules. Accordingly, Finisar's common stock will continue to be listed on The Nasdaq Global Select Market.

About Finisar

Finisar Corporation (NASDAQ: FNSR) is a global technology leader for fiber optic components and subsystems and network test and monitoring systems. These products enable high-speed voice, video and data communications for networking, storage and wireless applications over Local Area Networks (LANs), Storage Area Networks (SANs), and Metropolitan Area Networks (MANs) using Ethernet, Fibre Channel, IP, SAS, SATA and SONET/SDH protocols. The Company is headquartered in Sunnyvale, California, USA. More information can be found at www.finisar.com.

Contact:
Steve Workman
Chief Financial Officer
408-548-1000

Investor Relations
408-542-5050
investor.relations@Finisar.com

Source: Marketwire (December 10, 2007 - 7:00 AM EST)

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