A patch panel system is disclosed comprising a plurality of trays wherein each tray is stored within a patch panel housing but moveable towards the front of the housing into one of a patch position or an extended position. The tray is lockable in either the patch position or the extended position. In the extended position a front tray section holding one or more fiber optic connectors or modules is tiltable versus a rear tray section. In particular embodiment the tray can also be moved from the stored position into a retracted position behind the housing. A release mechanism comprising a lock is also provided which can be actuated to release the lock thereby allowing the tray to be slid out of the patch position and the extended position.