MORE NEWS OUT!
Unique Broadband expands product line
Unique Broadband Systems Inc UBS
Shares issued 87,765,779 Jun 30 close $4.70
Tue 4 Jul 2000 News Release
Mr. Alex Dolgonos reports
Unique Broadband Systems has finalized the design and manufacturing process
of its low-cost, fibre optic step attenuator for 1,300-nanometre and
1,500-nanometre wavelengths. The attenuators, which over the last two years
have been sold by UBS in large quantities to major Canadian cable companies
for permanent installations and trials, have demonstrated excellent results
in terms of their stability, reliability and ease of use. By designing
industry-leading technology such as the fibre optic step attenuator, UBS is
positioning itself to take advantage of significant growth within the
optical-based networking market, estimated by the Aberdeen group to reach
$17.7-billion (U.S.) by 2003. The deployment of fibre optic cable in
telecommunications infrastructure has greatly increased in recent years as
the cost of cable has decreased. At the same time, technology for fibre
optic infrastructure has permitted increases in volume and signal quality.
"These attenuators are low-cost, high-volume products that are used in all
fibre optic networks," said Alex Dolgonos, president and chief executive
officer of UBS. "The finalization of the design and manufacturing process,
which complements our existing wireless solutions, will permit UBS to
target yet another market within the telecommunications industry."
UBS's experience, together with existing relationships with major Canadian,
United States and Asian cable companies, will allow the company to
capitalize on this rapidly expanding market. Management believes that this
product has the potential to generate significant revenue in the future.
The UBS engineering team, comprising over 60 engineers, once again has
displayed a high level of technical knowledge and innovation. The team's
ability to anticipate trends in the broadband and telecommunications
industry has enabled UBS to experience tremendous growth over the past few
years, and will continue to remain the driving force in the company's
pursuit of opportunities for engineered solutions.
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