John,
Here is a purchase order! Familiar pattern? OEM order, no quantity, etc. Interesting! Ram
Lumenon Receives Order for Advanced AWG Product
ST-LAURENT, Quebec, Jan 18, 2001 (BUSINESS WIRE) -- Lumenon Innovative Lightwave Technology, Inc. (NASDAQ NM: LUMM chart, msgs), a developer and manufacturer of high-quality optical devices for the global telecommunications, data communications and cable markets, today announced the receipt of an initial order for a customized AWG (Arrayed Waveguide Gratings) sample product.
Although the details of the order have not been disclosed, Lumenon has indicated that the order is the result of a collaborative development effort with an OEM (Original Equipment Manufacturer) and is targeted at the burgeoning metro data market.
Commenting on this announcement, Dr. Chia-Yen Li, Vice President Operations and Chief Operating Officer, said, "This order is indicative of the ability of Lumenon's breakthrough Hybrid Sol-Gel Glass technology and patented PHASIC(TM) process to deliver optical components."
About Lumenon Innovative Lightwave Technology, Inc.:
Lumenon Innovative Lightwave Technology, Inc. designs, develops and builds integrated optics devices in the form of compact hybrid glass circuits on silicon chips. These photonic devices - based upon Lumenon's breakthrough Hybrid Sol-Gel Glass technology and patented PHASIC(TM) process - offer communications providers the ability to dramatically boost bandwidth in fiber optic cabling, the pipeline for today's burgeoning telecommunication, data
communication and cable industries.
For more information about Lumenon Innovative Lightwave Technology, Inc., visit the Company's Web site at lumenon.com.
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. These forward-looking statements which are subject to risks, uncertainties and assumptions about us, may include statements regarding the execution of our strategy and the performance of our products. There can be no assurance that such statements will prove to be accurate and the actual results and future events could differ materially from management's current expectations. Important factors that may affect results are detailed from time to time in the Company's filings with the regulatory authorities having jurisdiction.
This release is available on the Company's Web site at www.lumenon.com and the KCSA Public Relations Worldwide Web site at www.kcsa.com. Contact:
Lumenon Innovative Lightwave Technology, Inc., St-Laurent
Stephen Litwin, 514/331-3738
www.lumenon.com
or
KCSA, New York
Joseph Mansi, 212/896-1205
jmansi@kcsa.com
Julia Dette, 212/896-1250
jdette@kcsa.com
www.kcsa.com |
