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Technology Stocks : Bookham Technology

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To: Gus who started this subject4/21/2004 10:14:57 PM
From: manny t  Read Replies (1) of 376
 
BKHM,

biz.yahoo.com

Bookham Recognised as 'Gold' Supplier by Huawei
Wednesday April 21, 4:12 am ET

ABINGDON, U.K. and OXFORDSHIRE, U.K., April 21, 2004 (PRIMEZONE) -- Bookham Technology plc (``Bookham'') (London:BHM.L - News) (NasdaqNM:BKHM - News), a leading provider of optical and RF components, modules and subsystems, has received the Gold Supplier of the Year Award from Huawei, China's leading telecommunications company. The award recognizes Bookham's service and support to Huawei during 2003 and was the only Gold award presented to a component supplier.
Bookham Technology plc (``Bookham'') (London:BHM.L - News) (NasdaqNM:BKHM - News), a leading provider of optical and RF components, modules and subsystems, has received the Gold Supplier of the Year Award from Huawei, China's leading telecommunications company. The award recognizes Bookham's service and support to Huawei during 2003 and was the only Gold award presented to a component supplier.

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``This is a very important award for Bookham'' said Giorgio Anania, CEO of Bookham Technology. ``We believe passionately that success in our market will only go to players who invest to build long-term partnerships with their key customers, and we take this investment in these relationships very seriously. Huawei is one of the emerging powerhouses in the telecom equipment market and is one of our most strategic customers. This award recognizes the strength of the relationship, which we hope to build upon and strengthen further in the future. By working with us Huawei has helped us to improve how we serve them, and the mutual trust that has been developed allows us to engage better with them at all levels. We are grateful for the recognition.''

The presentation of the award was made by Dr. Hua Liang, Senior VP of Huawei and President of supplier chain management, at a ceremony attended by 600 people at the Wuzhou Hotel, Shenzhen, China at the end of March, and was received by Liam Nagle, Bookham's Chief Operating Officer and newly appointed President. Bookham was one of four companies asked to make a presentation at the ceremony, which looked at the success of the relationship between the company and Huawei over the past five years.

Dr. Hua Liang commented, ``We have developed a strategic partner relationship with Bookham, which has been built upon strong communication and understanding at management level as well as operational level for both companies. Bookham's dedicated customer focus team contributed to the support and service Huawei has received and we particularly appreciate their ability to provide us with products as required enhancing supply security.''

Bookham announced in March that it is opening an advanced manufacturing facility in Shenzhen, China, in the same area as Huawei, as part of its wider strategy for the Asia Pacific region, where Bookham has seen revenue growth in the last two years. The factory in Shenzhen was obtained through Bookham's recent acquisition of New Focus, Inc.
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