Nice response to GLW order today.
Monday July 21 10:30 AM EDT
Company Press Release
Source: SDL Inc.
SDL Signs Multi-Million Dollar Contract With Corning
Incorporated
SAN JOSE, Calif., July 21 /PRNewswire/ -- SDL, Inc. (Nasdaq:SDLI - news) has signed a
multi-million dollar contract to supply Corning Incorporated (NYSE:GLW) with 980 nm
fiber-coupled pump modules for use in optical fiber amplifiers modules. Optical amplifiers are
used in fiber optic transmission systems to increase the optical signal power and reduce the need
for electronic repeaters. Optical amplifiers are a critical technology for the deployment of high
bandwidth communication networks in telecommunications, CATV and broadband transmission
systems including dense wavelength division multiplexed (DWDM) networks.
SDL and Corning have worked together extensively to qualify the SDL pump modules for use in
several key applications served by Corning's amplifier products. The pump modules to be
manufactured by SDL Optics adhere to a rigorous qualification program aligned with Bellcore
reliability recommendations. According to Greg Dougherty, Vice President, Communications and
Information Products for SDL Inc., ``...this contract highlights our philosophy of working closely
with industry leaders to optimize the performance and cost combination of products we offer
while maintaining the highest standards for reliability and service.'' Corning is a leading worldwide
supplier of FiberGain(TM) optical modules used in erbium doped fiber amplifiers (EDFAs) as
well as other photonic components. Additionally, Corning is the world's leading manufacturer of
optical fiber.
SDL Optics was one of the earliest suppliers of 980 nm pump modules for EDFAs and currently
supplies devices to many of the largest and fastest growing telecommunications and CATV
equipment manufacturers around the world.
Statements contained in this press release that are not purely historical, including the anticipated
dollar value of sales to Corning, are forward looking statements. It is important to note that the
Company's actual results could differ materially from those in any such forward looking
statements. Among the factors that could cause actual results to differ materially are a Corning
cancellation or reduction in the size of the contract as well as the risk factors listed from time to
time in the Company's SEC reports, including but not limited to the report on Form 10-K for the
year ended December 31, 1996, and the report on Form 10-Q for the quarter ended March 31,
1997.
SDL designs, manufactures and markets semiconductor optoelectronic integrated circuits,
semiconductor lasers, fiber optic related products and optoelectronic based systems. The
Company's products are used in a diversity of markets such as telecommunications, cable
television, satellite communications, printing, medical, data storage, consumer electronics sensor,
defense, materials processing and instrument markets.
Established in 1951, Corning Incorporated creates leading-edge technologies for the fastest
growing segments of the world's economy. Corning manufactures optical fiber, optical cable, and
photonic components, high performance glass and components for televisions, and other
electronic displays for communications and communications related industries, advanced
materials for the scientific and environmental markets and consumer products. Corning's total
revenues in 1996 were $3.7 billion.
SOURCE: SDL Inc.
Contact: Donald R. Scifres, Chief Executive Officer and President, or Gregory C. Lindholm, Chief Financial
Officer, of SDL, Inc., 408-943-9411, or fax, 408-943-1258 |
