RagingWire Telecommunications, Inc. is Awarded Multi-Million Dollar Contract to Manage Phototronics, Inc. Global Network

SACRAMENTO, California
August 22, 2001

RagingWire Enterprise Solutions, Inc., a leading provider of world-class IT infrastructure and managed service solutions, today announced it has engaged in a multi-million dollar contract with Photronics, Inc.(Nasdaq:PLAB). Under the terms of the contract, RagingWire will provide secure mission-critical infrastructure, network, and security managed services to support all Photronics locations worldwide from its Sacramento-based Enterprise Data CenterSM facility.

Photronics is the latest addition to an elite group of large-scale enterprise businesses that are turning to RagingWire to manage their mission-critical systems.

“The addition of Photronics to our list of recently announced clients, Flextronics International and Hitachi Data Systems, further validates RagingWire’s mission to provide premium infrastructure and managed service solutions to large data-intensive enterprise companies,” said RagingWire’s President and Chief Technology Officer, Yatish Mishra. “By utilizing our 24 x 7 dedicated team of technical engineers, RagingWire will help Photronics reduce costs, focus on their core competencies, and improve their IT efficiencies.”

“Robust information systems technology is emerging as a key competitive differentiator for Photronics as the files sizes of advanced semiconductors become measured in hundreds of gigabytes. As these demands increase, we require state-of-the-art network, hardware, and applications to support our customers in the fabrication of these highly complex devices,” said Photronics’ Vice President of Information Technology, Shawn Knox. “RagingWire’s full suite of IT services will enable us to provide our customers scalable and reliable IT infrastructure that supports our manufacturing sites worldwide at a fraction of the cost of other alternatives.”

About RagingWire

RagingWire Enterprise Solutions (RES) provides highly custom and flexible IT solutions that accommodate the business needs of large, data-intensive enterprise companies. RES operates a reliable and secure Enterprise Data CenterSM facility engineered to provide "five nines" (99.999%) availability and highly scalable power and cooling in conjunction with managed IT solutions that maintain Fortune 1000 and Fortune 500 companies mission-critical back-office IT systems. RES enables its clients to reduce their operating costs, speed time to market, and focus on their core competencies. For more information about RES, access www.ragingwire.com.

About Phototronics

Photronics, Inc. is a leading worldwide supplier of photomasks. Photomasks are high precision quartz plates that contain microscopic images of electronic circuits. A key element in the manufacture of semiconductors, photomasks are used to transfer circuit patterns onto semiconductor wafers during the fabrication of integrated circuits. They are produced in accordance with circuit designs provided by customers at strategicallylocated manufacturing facilities in Asia, Europe, and North America. Additional information on the company can be accessed at http://www.photronics.com/