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Strategies & Market Trends : The Thread

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To: DebtBomb who wrote (15872)9/28/2000 11:58:58 AM
From: johnsto1  Read Replies (1) of 49816
 
FNSR NEWS..
Finisar Named One of Silicon Valley's Fastest Growing Technology
Companies in Deloitte & Touche's 'Fast 50' Program
1,222 Percent Revenue Growth Driven by Technical Advances in
Breakthrough Fiber Optic Products


SUNNYVALE, Calif., Sep 28, 2000 (BUSINESS WIRE) -- Finisar Corporation
(Nasdaq:FNSR) has been named to Deloitte & Touche's prestigious "Silicon Valley
Technology Fast 50" Program, a ranking of the 50 fastest growing technology
companies in the area. Rankings are based on the percentage growth in revenues
over the five-year period from 1995 to 1999. Finisar's revenues increased 1,222
percent during this period.

Jerry Rawls, President and CEO of Finisar stated, "We are extremely proud of our
record as a leading producer of fiber optic subsystems and network performance
test systems for the data communications industry. Our achievement is due to
both the success of our customers and the wonderful efforts of the people who
work here."

"Today, there are more than 22,000 technology companies in the United States.
The Fast 50 winners for Silicon Valley have proven that they are among the best
at consistently delivering technological excellence. We at Deloitte & Touche
commend Finisar for having the vision and determination to become one of the 50
fastest growing technology companies in Silicon Valley," said Roy Avondet,
Partner -- Technology & Communications, Deloitte & Touche, San Jose, CA.

About Finisar

Finisar Corporation (Nasdaq:FNSR) is a leading provider of fiber optic
subsystems and network performance test systems which enable high-speed data
communications over Gigabit Ethernet local area networks (LANs), Fibre Channel
storage area networks (SANs), metropolitan data network applications (MANs), and
CATV. The Company is focused on the application of digital fiber optics to
provide a broad line of high-performance, reliable, value-added optical
subsystems for networking, storage and telecommunications equipment
manufacturers. The Company's headquarters are located at 1308 Moffett Park
Drive, Sunnyvale, CA 94089. For more information, visit the Company's web site
at finisar.com
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