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Technology Stocks : UNPH _ Uniphase

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To: Kent Rattey who wrote (1121)2/24/1999 2:37:00 PM
From: Kent Rattey  Read Replies (1) of 1261
 
Uniphase Demonstrates Flexible and Cost-Effective DWDM Solution
Business Wire - February 24, 1999 14:21
SAN DIEGO--(BUSINESS WIRE)--Feb. 24, 1999--

Combination of Tunable Lasers and Lithium Niobate Modulators Has the Potential to Solve Many Problems for DWDM Equipment Manufacturers

Uniphase Corporation (Nasdaq:UNPH) today began demonstrating a product combination that could enhance the flexibility of DWDM systems and the manufacturing and maintenance of those systems.

At the Optical Fiber Communications Conference (OFC) at the San Diego Convention Center, Feb. 23-25, 1999, Uniphase will be demonstrating a combination of tunable lasers developed by Altitun and lithium niobate modulators developed by Uniphase showing that a single transmitter card is capable of operating over the entire 40 nanometers of the ITU grid. Both 2.5 G/s and 10 Gb/s data rates will be used in the demonstration.

At the present, in order to supply sources for a 40-channel DWDM system, manufacturers have to supply one unique laser and modulator for each channel. For instance, a 1552-nm laser cannot be swapped out for a 1556-nm laser. This means added complexity in inventory, sparing and manufacturing.

The combination of a tunable laser and a lithium niobate modulator would allow system manufacturers to stock a single part number for all the channels of their DWDM systems.

This combination will also help to enable all-optical networks by providing wavelength routing with either fixed or dynamic optical add/drop multiplexers (OADM).

The long reach capability of lithium niobate modulators will be important as OADMs and optical crossconnects are deployed causing the unregenerated span lengths within long-haul and metro networks to increase. Tunable lasers with lithium niobate modulators may also be a promising approach to optical packet switching.

"As 40- and 80-channel DWDM systems become deployed throughout communications networks, our customers are demanding simpler solutions to their inventory and maintenance needs. This demonstration presents a technology that offers a promising approach to addressing this demand," said Kevin Kalkhoven, Chairman and CEO of Uniphase Corporation.

Uniphase Corporation is an optoelectronics company that designs, develops, manufactures and markets fiber optic telecommunications components and modules and laser subsystems.

The Company's telecommunications products include semiconductor lasers, high-speed external modulators, transmitters, fiber Bragg gratings and optical modules for fiber optic networks in the telecommunications and cable television industries.

The Company's laser division produces laser subsystems for a broad range of OEM applications which include biotechnology, industrial process control and measurement, graphics and printing, and semiconductor equipment.

Uniphase employs approximately 1,200 people worldwide and is headquartered in San Jose, Calif. Its stock is traded on the Nasdaq National Market under the symbol UNPH. The Uniphase website address is www.uniphase.com.

The statements contained in this press release regarding Uniphase Corporation that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. Such forward looking statements include, but are not limited to, statements regarding anticipated potential benefits derived from the combination of the tunable lasers developed by Altitun and the lithium niobate modulators developed by Uniphase. There is a risk that actual results could be different from such forward looking statements. Actual results could differ materially from those projected in any forward-looking statements as a result of a number of factors, including those detailed in the "Risk Factors" as set forth from time to time in the Uniphase reports on Form 10-K, 10-Q, Annual Reports to Stockholders and other filings with Securities and Exchange Commission. The forward-looking statements are made as of this date hereof and Uniphase assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ materially from those projected in the forward-looking statements.

CONTACT: Uniphase Corporation
Kevin N. Kalkhoven, 408/434-1800 (Chairman/CEO)
Anthony R. Muller, 408/570-2065 (Senior VP/CFO)

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