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Technology Stocks : Alcatel Optronics (NASDAQ: ALAO)

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To: John K_k who wrote (4)1/15/2001 3:36:45 PM
From: pat mudge   of 16
 
News just out:
alcatel.com

Paris, January 15, 2001 - Alcatel Optronics (Paris: CGO.PA; NASDAQ: ALAO), a leading supplier of optical components for telecommunication networks, today inaugurated an extension of its production facility based in Lannion, Brittany. This new production platform of more than 20 500 square feet including 1²100 square feet of clean rooms, integrates state-of-the-art technologies and will allow the expansion of manufacturing capacity dedicated to laser sources and pump laser modules. This expansion accounts for the creation of more than 150 new technical jobs over the course of 2000 and represents an investment of more than 15 million Euros.

Alcatel Optronics has multiplied its production capacity to keep pace with the explosion in telecommunications traffic due to the expansion of the Internet. Two key product lines for terrestrial and submarine applications are concerned: laser sources, which emit the light used in terrestrial transmission systems, and submarine and terrestrial pump lasers, key elements in building optical amplifiers. . . .
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