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Technology Stocks : JDS Uniphase (JDSU)

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To: Dalin who wrote (12559)9/12/2000 10:43:12 AM
From: sam  Read Replies (1) of 24042
 
JDS Uniphase Strengthens Organization to Better
Serve Customers

NEPEAN, Ontario and SAN JOSE, Calif., Sept. 12 /CNW/ -- JDS Uniphase Corporation
(Nasdaq: JDSU - news; Toronto: JDU - news) today announced organization changes
designed to better serve customers and further integrate recently acquired operations and their
management teams.

JDS Uniphase announced the appointment of Dr. David King as president of the semiconductor products group that now
combines all activities in optical amplifier modules, as well as those pertaining to light sources and pump lasers.

The Company also announced the appointment of Maurice Tavares as president of the fiberoptic products group that now fully
integrates the former E-TEK Dynamics subsidiary. As part of this integration, the Company announced the appointment of Dr.
Philip Anthony as vice president and general manager of worldwide passive components for optical amplifier activities, and Kumar
Visvanatha, as senior vice president of worldwide DWDM and switching activities. Both Dr. Anthony and Mr. Visvanatha will
report to Mr. Tavares. Sanjay Subhedar, former president of the E-TEK subsidiary, has elected to leave the Company at the end
of September to pursue opportunities in venture capital investing.

The Company also announced the appointment of Scott Parker as vice president of global sales and Nadine Melka as vice
president of marketing. Mr. Parker and Ms. Melka, both of the former E-TEK subsidiary, have been charged with further
enhancing the Company's focus on its customers' key applications: transmission, amplification, DWDM and switching. The global
sales organization will provide a single point of contact for customers and a field application engineering function to provide
world-class customer service. The corporate level marketing function will coordinate company-wide marketing strategies and
communications.

"In order to always meet and exceed customer expectations, we must remain flexible," said Jozef Straus, co-chairman and chief
executive officer of JDS Uniphase. "Our acquisitions have expanded and strengthened our company and integrating their
operations and respective management talents into JDS Uniphase allows us to serve our customers' rapidly changing needs even
better. We regret losing Sanjay who was instrumental in E-TEK's success and we wish him well."

JDS Uniphase is a high technology company that designs, develops, manufactures and distributes a comprehensive range of
products for the growing fiberoptic communications market. These products are deployed by system manufacturers worldwide to
develop advanced optical networks for the telecommunications and cable television industries. JDS Uniphase is traded on the
Nasdaq National Market under the symbol JDSU, and the exchangeable shares of JDS Uniphase Canada Ltd. Are traded on The
Toronto Stock Exchange under the symbol JDU. More information on JDS Uniphase is available at www.jdsuniphase.com.

The statements contained within this press release that are not purely historical are forward-looking statements within the meaning
of Section 27A of the Securities Act of 1934. These statements may be identified by their use of forward-looking terminology such
as "designed," "will," "expects," and similar words. Such forward-looking statements include, but are not limited to any statement or
implication that changes to the Company's organization will result in higher levels of customer satisfaction. Such forward-looking
statements involve risks and uncertainties that could cause actual results to differ materially from those projected. Risks and
uncertainties that could cause actual results to differ materially from such forward-looking statements include, but are not limited
to, factors discussed from time to time in reports filed by JDS Uniphase Corporation with the Securities and Exchange
Commission. The forward-looking statements contained in this news release are made as of the date hereof, and the Company
does not assume any obligation to update or qualify any of the statements made herein.
biz.yahoo.com
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