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To: James Fulop who wrote (622)1/12/2000 12:02:00 AM
From: pat mudge  Read Replies (1) | Respond to of 659
 
Tuesday January 11, 9:00 am Eastern Time
Company Press Release

Ortel Appoints Senior Vice President of Engineering

LOS ANGELES--(BUSINESS WIRE)--Jan. 11, 2000--Ortel Corp. (Nasdaq:ORTL - news) today announced that Jeff Schlageter has joined Ortel as senior vice president of engineering. In this position, Schlageter will oversee all of Ortel's research and development efforts.

Prior to joining Ortel, Schlageter served as vice president and general manager for the magnetic storage division of Cirrus Logic Inc. (Nasdaq:CRUS - news), a premier supplier of advanced integrated circuits. Earlier, he also held several senior executive positions at Actel, AMD, Mostek and Fairchild Semiconductor.

``Jeff is a seasoned senior executive who will utilize his more than 20 years of engineering management experience to lead Ortel's efforts in the research and development of innovative compelling technology for our telecommunications and cable television customers,' said Stephen R. Rizzone, Ortel's president, chief executive officer and chairman of the board.

Ortel designs, manufactures and supplies advanced optoelectronic technologies that provide the critical bandwidth and two-way interactivity essential for robust telecommunications and cable television applications. Ortel's fiber optics increase the capacity and performance of fiberoptic networks enabling them to handle ever-increasing volumes of voice, video and data communications.

The company has headquarters in Alhambra, Calif., with international operations in Sweden, Germany, France, Singapore and China. For more information visit Ortel's Web site at ortel.com.