FiberCore Announces Listing in Standard & Poor's Corporate Records
CHARLTON, Mass., Jun 7, 2001 /PRNewswire via COMTEX/ -- FiberCore, Inc. (Nasdaq:
FBCE), a leading manufacturer and global supplier of optical fiber and preform
for the telecommunication and data communications markets, today announced that
the Standard & Poor's Editorial Board approved the Company for a complete
corporate listing and description in Standard & Poor's Corporate Records.
Additionally, FiberCore, Inc. will have its corporate description published in
Standard & Poor's Daily News Section. Standard & Poor's will also initiate
financial coverage of the Company as part of the S&P Market Access Program,
including coverage of FiberCore, Inc. on S&P's Internet website,
www.advisorinsight.com, as well as S&P Marketscope and the S&P Stock Guide
database.
Standard Corporate Records is a recognized securities manual for "Blue Sky"
Standard Manual Exemption trading in approximately 35 states. FiberCore's
listing in Standard Corporate Records should assist the brokerage and investment
communities in the United States in making a market for FiberCore's stock.
However, it is recommended that brokers check with the applicable "Blue Sky"
laws and regulations in their given state.
FiberCore, Inc. develops, manufactures and markets single-mode and multimode
optical fiber preforms and optical fiber for the telecommunications and data
communications markets. In addition to its standard multimode and single-mode
fiber, FiberCore also offers various grades of fiber for use in laser-based
systems, to help guarantee high bandwidths and to suit the needs of Feeder Loop
also know as Metropolitan Area Network, Fiber-to-the Curb, Fiber-to-the Home and
Fiber-to-the Desk applications. Manufacturing facilities are presently located
in Jena, Germany and Campinas, Brazil.
For more information about the company, its products, or shareholder information
please visit our Website at: www.FiberCoreUSA.com or contact us at: Phone -
(508) 248-3900 or by FAX - (508) 248-5588 or E-Mail: sales@FiberCoreUSA.com;
investor_relations@FiberCoreUSA.com
Except for the historical matters discussed above, the statements in this press
release are forward looking and are made pursuant to the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995. They are
based on the Company's current expectations and are subject to a number of risks
and uncertainties. Actual results may differ materially from those projected as
a result of certain general economic and business conditions; loss of market
share through competition; introduction of competing products by other
companies; changes in Industry capacity; pressure on prices from competition or
from purchasers of the Company's products; availability of qualified personnel;
the delivery of an ability to commission new equipment as scheduled; ability to
obtain required financing; dependence on a limited number of raw material
suppliers; the loss of any significant customers; and other factors detailed
from time to time in the Company's filings with the Securities and Exchange
Commission.
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SOURCE FiberCore, Inc.
CONTACT: Dr. Mohd A. Aslami, President-CEO, or Steven Phillips, CFO of
FiberCore, Inc., 508-248-3900, or General Info., Alison Ziegler, Analyst
Info., Peter Seltzberg, or Media Info., David Closs, all of The Financial
Relations Board BSMG, 212-661-8030
URL: advisorinsight.com
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