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Technology Stocks : SDLI - JDSU transition

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To: pat mudge who started this subject10/29/2001 10:08:07 AM
From: Kent Rattey   of 3294
 
Monday October 29, 8:11 am Eastern Time
Press Release
SOURCE: Applied Micro Circuits Corp.
Kevin Kalkhoven Elected to AMCC's Board of Directors
SAN DIEGO--(BUSINESS WIRE)--Oct. 29, 2001--Applied Micro Circuits Corp. (AMCC) (Nasdaq:AMCC - news) today announced that Kevin Kalkhoven, co-founder of Kalkhoven, Pettit & Levin Ventures LLC and previous chief executive officer of JDS Uniphase Corp., has been elected to AMCC's board of directors.

``Kevin's years of experience, and in particular his success in developing JDS Uniphase into the leading supplier of fiber optic components and modules, will be extremely valuable to AMCC as the relationship between optics and electronics increases in importance,'' said Dave Rickey, chairman and chief executive officer of AMCC. ``His vision, energy and demonstrated business leadership will be a great asset to our company, and I am very pleased to welcome Kevin as the newest member of AMCC's board of directors.''

Prior to co-founding the venture firm of Kalkhoven, Pettit & Levin Ventures LLC, Kalkhoven led Uniphase Corp. as president, CEO and chairman and oversaw its transformation from a privately held manufacturer of industrial lasers into a publicly held leading global supplier of components and modules. As Chief Executive Officer of Uniphase, he oversaw its merger with JDS FITEL in 1999 and the emergence of the combined entity, JDS Uniphase Corporation, as a leader in the fiber optic components and modules marketplace.

Kalkhoven is a regular keynote speaker at technology conferences and was noted in the May 2000 Worth magazine as one of America's Top 50 CEOs.

About AMCC

AMCC designs, develops, manufactures, and markets high-performance, high-bandwidth silicon solutions empowering intelligent optical networks. AMCC utilizes a combination of high-frequency analog, mixed-signal and digital design expertise coupled with system-level knowledge and multiple silicon process technologies to offer integrated circuit products that enable the transport of voice and data over fiber optic networks. The company's system solution portfolio includes switch fabric, traffic management, network processor, framer/mapper, PHY and PMD devices that address the high-performance needs of the evolving intelligent optical network. AMCC's corporate headquarters and wafer fabrication facilities are located in San Diego. Sales and engineering offices are located throughout the world. For further information regarding AMCC, please visit our web site at amcc.com or call our shareholder information line at 888/982-AMCC (2622).

AMCC is a registered trademark of Applied Micro Circuits Corp. All other trademarks are the property of their respective owners.

Note: A Photo is available at URL: businesswire.com

--------------------------------------------------------------------------------
Contact:

Applied Micro Circuits Corp., San Diego
Bill Bendush / Debbie Hart
858/450-9333 / 858/535-6566
bbendush@amcc.com / debrah@amcc.com
or
The Ardell Group
Editorial Contact:
Angela Edgerton / Katy Tanghe
858/792-2941 / 858/792-2910
angela@ardellgroup.com / katy@ardellgroup.com
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