ACG Honors SDL with 'Emerging Growth Company' Award
SAN JOSE, Calif., June 13 /PRNewswire/ -- SDL, Inc. (Nasdaq: SDLI - news). The Silicon Valley Chapter of the Association for Corporate Growth (ACG) honored SDL with the chapter's Thirteenth Annual Emerging Growth Company Award. The Emerging Growth Company Award recognizes a company with distinctive strategic positioning and superior growth, dynamic evolving CEO leadership, and sharply focused organization. Past winners include Yahoo! Inc., Linear Technology, Adaptec, Cisco, Adobe Systems, and Oracle. ACG's fact sheet noted that SDL has been selected for its ``extraordinary track record of revenue growth and profitability, enthusiastic reception by investors, and a management team with dedication to the company culture and policies that lead to continuing corporate growth.''
SDL, Inc. is a world leader in providing solutions for optical communications and related markets. Since going public in 1995, SDL has, through significant infrastructure investments and corporate acquisitions, expanded and diversified its core competencies, international presence and manufacturing capacity. SDL's ability to meet the demands of the rapidly growing Internet, terrestrial long-haul and undersea communications markets has led to its significant growth. Revenues of $187 million in 1999, a 66 percent growth from the prior year, enabled the company to increase net earnings by a substantial 219 percent to $25.2 million or $0.74 per share compared to 1998's $0.26 per share. These results include acquisition related expenses.
SDL is headquartered in San Jose, California and maintains wholly-owned subsidiaries in New Jersey and Ohio in the U.S., in British Columbia, Canada, and in Witham and Bracknell in the U.K.
About ACG
ACG is a premier association for and about professionals involved in corporate growth, corporate development, and mergers and acquisitions. The Silicon Valley Chapter, one of 35 chapters throughout the U.S., Canada and the U.K., provides a forum for ideas and experiences focused on organizational growth. Its mission is to be the catalyst of corporate growth in Silicon Valley.
About SDL
SDL's products power the transmission of data, voice, video and Internet information over fiber optic networks to meet the needs of telecommunications, dense wavelength division multiplexing (DWDM), cable television and satellite communications applications. They enable customers to meet the bandwidth needs of increasing Internet, data, video and voice traffic by expanding their fiber optic communications networks much more quickly and efficiently than would be possible using conventional electronic and optical technologies. SDL's optical products also serve a variety of non-communications applications, including materials processing and printing. Additional information about SDL, Inc. is available on the Internet at www.sdli.com .
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