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Technology Stocks : New Focus, Inc. (NUFO)

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To: HiSpeed who started this subject12/20/2001 12:28:40 AM
From: SemiBull  Read Replies (1) of 475
 
New Focus Appoints New Board Members

SAN JOSE, Calif., Dec. 19 /PRNewswire/ -- New Focus, Inc., (Nasdaq: NUFO - news), a leading supplier of innovative fiber-optic products for next-generation optical networks under the Smart Optics for Networks(TM) brand, today announced that Don G. Hallacy and Dr. Peter F. Bordui have joined the company's board of directors. These two additions increase the size of the company's board of directors to seven members.

As president of Technology Services at Sprint, Mr. Hallacy directs the design, engineering, operations, and performance management of the Sprint wireline domestic and international voice, data and Internet networks. He oversees the company's Information Services and Information Technology organizations and is responsible for access management as well as integrated technology planning for domestic and international strategic ventures. Mr. Hallacy began his career with Sprint in 1992 and held several senior leadership positions in the areas of strategic growth, data networks operations, technology integration and emerging technologies. He left Sprint in 1999 to serve as president and chief executive officer of Eltrax Systems, Inc., an Internet application service provider. He returned to Sprint in 2000 and served as president of the company's Internet business before accepting his current position later that year. Mr. Hallacy holds a bachelor's degree in economics and computational math from Albion College.

Until his recent resignation, Dr. Bordui was vice president and general manager of the JDS Uniphase's fiber-optic telecom source laser business. In this position he managed multiple business units in the Netherlands and the U.K. Prior to JDS Uniphase, Dr. Bordui served as vice president and general manager of the materials division for Crystal Technology, Inc., a Siemens company. He is currently chairman of Photonic Materials, Ltd. in Scotland. He holds a Ph.D. in material science and engineering from the Massachusetts Institute of Technology.

``New Focus is very pleased that Don and Peter have accepted positions on our board. Both individuals will add new perspectives to our board discussions. Don will provide the company with a carrier-centric view of our business that should provide valuable insights for our product development efforts. Peter's extensive background in material science and manufacturing, along with his experience in the fiber-optic components business, will assist us in the evaluation of new technologies and business opportunities,'' said R. Clark Harris, chairman, president and chief executive officer of New Focus.

About New Focus:

New Focus designs, manufactures and markets innovative fiber-optic products for next-generation optical networks. The company's Smart Optics for Networks(TM) products enhance the performance of next-generation optical networks by enabling higher channel counts, faster data rates, longer reach lengths, new service capabilities, and lower costs of ownership. Founded in 1990, the company remains a leader in the creation of advanced optical products for the commercial and research marketplaces. The company is headquartered in San Jose, California and has operations in Camarillo, California, Madison, Wisconsin, and Shenzhen, People's Republic of China.

For more information about New Focus visit the company's Internet home page at newfocus.com, call our Investors Relations Department at 408-284-NUFO, or e-mail us at investor@newfocus.com.

SOURCE: New Focus, Inc.
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