To: $Mogul who wrote (14351 ) 8/23/1999 11:56:00 AM From: LANCE B Read Replies (2) | Respond to of 108040
FBCE- NEWS AND NEWSLETTER PICK TODAY... (BSNS WIRE) FiberCore Announces 1999 North American Contract FiberCore Announces 1999 North American Contract Business/Technology Editors CHARLTON, Mass.--(BUSINESS WIRE)--August 23, 1999--FiberCore, Inc. (OTC BB:FBCE). FiberCore, a leading manufacturer of optical fiber and preform for the telecommunication and data communications market, with production facilities in Jena, Germany has been awarded a contract by a major U.S. cable manufacturer valued in excess of $2.3 million for multimode and singlemode optical fiber. This represents the Company's first major entry into the North American Market. The Company expects to ship most of this order during 1999. The Company recently announced the introduction of their line of ValueGrade(R) and EconoGrade(R) optical fibers. These fibers are available in single-mode and multi-mode designs, and will be ideally suited for Feeder Loop, Fiber-to-the Curb, (FTTC), Fiber-to-the Home (FTTH) and Fiber-to-the Desk (FTTD) applications. For more information about these or other products, the Company, or shareholder information please visit our Website at http:\\www.FiberCoreUSA.com or contact us at: Phone - (508) 248-3900 or by FAX - (508) 248-5588, eFax (603) 250-5369 or E-Mail fbce@meganet.net or FiberCore@aol.com Except for the historical matters discussed above, the statements in this press release regarding sales contracts are forward looking and are made pursuant to the "safe harbor" provisions of the Private Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain general economic and business conditions; loss of market share through competition; introduction of competing products by other companies; changes in industry capacity; pressure on prices from competition or from purchasers of the Company's products; availability of qualified personnel ;ability to obtain required financing; the loss of any significant customers; and other factors detailed from time to time in the Company's filings with the Securities and Exchange Commission. --30--kc/bos* CONTACT: FiberCore, Inc. Dr. Mohd A. Aslami, 508-248-3900 FBCE1MAA@aol.com KEYWORD: MASSACHUSETTS INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS INTERACTIVE/MULTIMEDIA/INTERNET TELECOMMUNICATIONS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story ***