Bosco, here's more good news on CDT--from Bloomberg:
CDT Wins Fiber Optic Orders Totaling $10 Million;
LEAF and Hybrid Fiber Optic Cable Used in Local Loop and Long Haul
PITTSBURGH, May 9 /PRNewswire/ -- Cable Design Technologies (NYSE:
CDT), a leading worldwide provider of gigabit network connectivity products,
announced today fiber optic cable orders totaling $10 million to be used by a
Competitive Local Exchange Carrier (CLEC) and a Competitive Access
Provider/Wireless Service Provider.
The cables include hybrid fiber optic cables by CDT and cables incorporating
Corning's large effective area fiber (LEAF). LEAF fiber is designed to achieve
higher capacity along greater distances thereby enhancing the performance of
fiber optic networks that employ advanced dense wavelength division
multiplexing (DWDM) technology.
Paul Olson, President and CEO of CDT, commented, "Our profitable fiber
optic business is built upon nearly a decade in the fiber business. This
experience, along with our long-standing relationship with Corning, gives us a
distinct advantage within the fiber optic cable marketplace."
Mr. Olson continued, "Our fiber optics group is taking advantage of robust
demand for its fiber optic cable and active and passive components. In addition
to the three multi-million dollar orders for fiber optic cable this quarter, we
have seen increased interest in our fiber optic cable and connectors which
illustrates the recognition of our growing presence in the optical marketplace.
We are working to expand our fiber optic capabilities and this contract
demonstrates our ability to provide high quality cutting- edge products to
networking and communication companies."
Cable Design Technologies is a leading designer and manufacturer of high
bandwidth network connectivity products, fiber optic cable and connectors,
assemblies, components, computer interconnect cables for communication
switching applications, and communications cable products used in wireless,
central office and local loop applications. CDT also manufactures electronic
data and signal transmission products that are used in automation and process
control and specialty applications. For more information on CDT, visit
www.cdtc.com. |
