If you are a purchaser of MRV common stock during the Class Period, youhave the legal right to petition the Court to be appointed a "leadplaintiff." A lead plaintiff is a representative party that acts on behalfof other class members in directing the litigation. Any such request mustsatisfy certain criteria and be made on or before September 8, 2008. Anymember of the purported class may move the Court to serve as lead plaintiffthrough counsel of their choice, or may choose to do nothing and remain anabsent class member. If you are a MRV investor and would like to discuss apotential lead plaintiff appointment, or your rights and interests withrespect to the lawsuit, you may contact Michael I. Fistel Jr., Esq., orMarshall P. Dees, Esq. via email at mfistel@holzerlaw.com, ormdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832.

The complaint alleges that, during the Class Period, MRV made false andmisleading statements concerning the Company's employee stock option grantpractices and financial results. Defendants allegedly caused or allowedMRV to issue statements that failed to disclose or misstated the following:(i) that the Company had problems with its internal controls that preventedit from issuing accurate financial reports and projections; (ii) thatbecause of improperly recorded stock-based compensation expenses theCompany's financial results violated GAAP; and (iii) that the Company'spublic disclosures covering a seven-year period presented an inflated viewof MRV's earnings and earnings per share, which would later have to berestated. Upon this news, the Company's share price plummetedapproximately 24%.

Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicatesits practice to vigorous representation of shareholders and investors inlitigation nationwide, including shareholder class action and derivativelitigation. More information about the firm is available through itswebsite, www.holzerlaw.com and upon request from the firm.