FOR IMMEDIATE RELEASE: February 10, 2000
MRV COMMUNICATIONS OPENS NEW PHOTONIC FACILITY TO ACCOMMODATE GROWTH
OPTICS DIVISION EXPANDS TO MEET NEEDS OF EXPLODING FIBER OPTIC
COMPONENTS MARKET
Chatsworth, CA February 10, 2000 -- MRV Communications, Inc.
(Nasdaq: MRVC), one of the world's leading suppliers of fiber optic
components for the telecom, datacom and wireless industries, today
announced that it has completed expansion of its photonic capacity
with a third facility located in Chatsworth, CA.
The new 50,000 square foot state-of-the-art facility can accommodate
up to 400 employees and is dedicated to research and development,
engineering, packaging, integration, testing and sales and marketing.
In addition, MRV has implemented several new clean rooms and automated
testing processes for optical assemblies in its Optical Access
division facility, and installed a new MOCVD reactor in its Foundry
facility.
This expansion will significantly increase capacity, provide a quicker
time to market with better quality control and lower manufacturing
costs. The facility will also foster additional technical innovation
and augment MRV's plans to increase its research and development team
with additional scientists and engineers.
Noam Lotan, President and CEO commented: "The fiber optic component
industry is expanding at a tremendous rate and MRV is well positioned
to capitalize on this market. Our expansion capacity provides added
momentum to MRV's end goal to revolutionize and dominate the fiber
optic component market."
Ken Ahmad, Vice President and General Manager, Optical Access Division
commented: "This is an exciting growth phase for our fiber optic
components division. The new state-of-the-art facility will help us
meet and exceed customer requirements for shorter lead times, larger
volumes and higher standards of quality assurance."
About MRV Communications, Inc.
MRV Communications, Inc. is a world class leader in optical network
components and systems. The company has leveraged its early
leadership in fiber optic transmission into a well-focused range of
solutions, integrating switching, routing, access servers and optical
transmission systems. As the Internet evolves into a single global
communication network, MRV has launched the development of new
technologies to drive the next generation infrastructures. Such
developments encompass optical access systems, subscribers' management
systems and Linux-based solutions. MRV has initiated and funded
cutting edge start-up companies including New Access Communications,
Charlotte's Networks, Hyperchannel and Zuma Networks. |
