APA Optics, Inc. Reports Orders from Two Major Telecom
Companies for Its New 16-Channel WDM Multiplexers
Initial Orders for Sophisticated Fiber Communications
Component Call for <>
August 4, 1998
MINNEAPOLIS, Aug. 3 /PRNewswire/ via NewsEdge
Corporation -- APA Optics, Inc. (Nasdaq: APAT), today
reported that it has received orders from two large
companies with significant business activities in the
telecommunications equipment industry for its advanced
Wavelength Division Multiplexer (WDM) component
product. Each of the companies has ordered two
16-channel demonstration units and the units are
scheduled for delivery by September 30, 1998.
These orders are the first received by the Company for
its advanced WDM multiplexer product, which was
presented earlier this month by two sales organizations
at the InterOpto trade show in Makuhai, Japan, near
Tokyo. APA had earlier showcased its ultra dense
WDM unit in February at the Optical Fiber Conference
trade show in San Jose, Calif.
"We are most pleased to have received the first orders
for our new WDM product," said Anil K. Jain, president
and CEO of APA Optics. "It is particularly important that
these are substantial companies with significant
positions in the telecommunications equipment
industry."
WDM-based networks are intended to make fuller use of
the capacity of a fiber, utilizing multiple electrical-optical
devices operating in parallel on different wavelengths to
increase information carrying capability. This can be
likened to highways with several lanes of traffic moving
smoothly side-by-side, as opposed to a backed-up
single lane road.
"APA's products have demonstrated several
technological advantages," Dr. Jain said. "Our 50
gigahertz channel spacing offers low cross talk levels
that rival those attained by 100 gigahertz multiplexer
units and both our 100 GHz and 50 GHz developmental
models feature low insertion loss."
As the demand for increased information carrying
capacity for fiber optics continues to grow, the need for
advanced technologies to handle this demand is evident.
WDM technology is seen by most experts as the best
means of addressing this pressing issue in fiber optic
communications.
Dr. Jain explained that APA Optics DWDM technology,
patent pending, is particularly suited to expanded
channel capacity. "Our dense WDM technology, which
utilizes a grating approach, lends itself to a high number
of channels, well beyond 16, as compared to competing
filter-based technologies, which have a difficult time
increasing channels," Jain said. The demonstration units
previewed at the shows had four or eight channels, but
the orders are for a 16-channel model, and the Company
will work with customers on multiplexers with even
higher channel capacities.
The components are being marketed to companies that
assemble integrated systems, primarily for use in long
haul telecommunications and cable television
applications. WDM technology increases the capacity
of optical fibers by creating multiple channels for voice
and data transmission.
Forward-looking statements contained herein are made
pursuant to the safe harbor provisions of the Private
Litigation Reform Act of 1995. These statements are
based upon the Company's current expectations and
judgments about future developments in the Company's
business. Certain important factors could have a material
impact on the Company's performance, including,
without limitation, delays in or increased costs of
production, delays in or lower than anticipated sales of
the Company's new products, and other factors
discussed from time to time in the Company's filings with
the Securities and Exchange Commission. Readers are
cautioned not to place undue reliance on
forward-looking statements. The Company undertakes
no obligation to update such statements to reflect actual
events.
SOURCE APA Optics, Inc.
/CONTACT: Anil K. Jain of APA Optics, 612-784-4995,
or Roy Wallace of The Wallace Group, Public Relations,
651-452-9800, for APA Optics/ (APAT) |
