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Friday November 17, 7:04 pm Eastern Time
Press Release
SOURCE: JDS Uniphase Corporation and SDL, Inc.
JDS Uniphase and SDL, Inc. Set Date for Stockholder Meetings on Merger
NEPEAN, Canada and SAN JOSE, Calif., Nov. 17 /PRNewswire/ -- JDS Uniphase Corporation (Nasdaq: JDSU; Toronto) and SDL, Inc. (Nasdaq: SDLI - news) today announced they have set December 27, 2000 as the date for their respective special stockholder meetings to approve their pending merger. The special meeting of JDS Uniphase stockholders will be held at the company's offices at 210 Baypointe Parkway, San Jose, California at 10:00 AM Pacific Time. The special meeting of SDL stockholders will be held at the Wyndham Garden Hotel, 1300 Chesapeake Terrace, Sunnyvale, California at 10:00 AM Pacific Time.
Stockholders of record of each company as of the close of business on November 16, 2000 will be entitled to vote at the respective meetings. On or about November 22, 2000, JDS Uniphase and SDL stockholders will be sent a copy of the definitive joint proxy statement and prospectus as filed with the Securities and Exchange Commission on November 17, 2000. Those holding shares of both companies must vote such shares separately at the respective meetings.
In addition to stockholder approvals at the special stockholder meetings, completion of the merger, which was announced on July 10, 2000, remains subject to obtaining various regulatory approvals, including approval under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
This release is being made for information purposes only and is not intended to be a solicitation of proxies for the proposed transaction.
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.
SDL's products power the transmission of data, voice 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.
You are urged to read the joint proxy statement-prospectus included in JDS Uniphase Corporation's Registration Statement on Form S-4 in connection with the merger of JDS Uniphase and SDL, Inc. filed with the SEC because the proxy statement-prospectus and the Registration Statement on Form S-4 contain important information. You can get copies of the joint proxy statement- prospectus and the Registration Statement on Form S-4 and any other relevant documents, for free at the SEC's web site, and copies of reports, proxy statement and other information regarding JDS Uniphase or SDL filed with the SEC are available free from the companies. Requests for documents relating to SDL should be directed to SDL, Inc., 80 Rose Orchard Way, San Jose, California 95134, Attention: Investor Relations, Telephone (408) 943-4343. Requests for documents relating to JDS Uniphase should be directed to JDS Uniphase Corporation, 210 Baypointe Parkway, San Jose, California 95134, Attention: Investor Relations, Telephone (408) 434-1800. |
