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To: Suresh who wrote (23426)	9/3/1999 10:58:00 PM
From: Suresh	Respond to of 68151

SDLI to a secondary..... announced after the market close. To offer about 3Mil shares... all by company. -- float about 25Mil Previous day close: 88 1/4. Avg Volume about 700K biz.yahoo.com SAN JOSE, Calif., Sept. 3 /PRNewswire/ -- SDL, Inc. (Nasdaq: SDLI - news) announced today that it has filed a preliminary prospectus supplement with the Securities and Exchange Commission relating to the proposed offering of 2,950,000 shares of Common Stock. All of the shares offered will be sold by the Company. The Company will also grant the underwriters an option to purchase an additional 442,500 shares to cover over-allotments, if any. The shares are being offered under a shelf registration statement that has been declared effective by the Securities and Exchange Commission. The shares will be offered by an underwriting group led by CIBC World Markets and co-managed by Hambrecht & Quist, Donaldson Lufkin & Jenrette, Merrill Lynch & Co., SG Cowen and SoundView Technology Group. The net proceeds of the offering will be used for general corporate purposes including capital expenditures and working capital. SDL's products power the transmission of data, voice and Internet information over fiber optic networks to meet the needs of telecommunications, dense wavelength division multiplexing (DWDM), cable television and satellite communications applications. They enable customers to meet the bandwidth needs of increasing Internet, data, video and voice traffic by expanding their fiber optic communications networks much more quickly and efficiently than would be possible using conventional electronic and optical technologies. SDL's optical products also serve a variety of non-communications applications, including materials processing and printing. Additional information about SDL, Inc. is available on the Internet at www.sdli.com . This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.