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To: Sector Investor who wrote (18039)	1/10/2000 3:08:00 PM
From: signist	Read Replies (1) \| Respond to of 42804

Coherent Shipping Optical Components for DWDM Marketplace (PR NEWSWIRE) Isn't Coherent's main products industrial Lasers? Cien up 6.75 MRV down .0625 When will you get it, Noam? SANTA CLARA, Calif., Jan. 10 /PRNewswire/ -- Coherent, Inc. (Nasdaq: COHR), today announced ComEts(TM), the first in a series of optical components for the telecom market. When integrated into DWDM network products, ComEts enhance the frequency stability of laser transmitters. This results in tighter frequency packing and increased network density. The technology can be adapted to other DWDM applications including signal multiplexing and demultiplexing. Multiple telecom customers have tested ComEts for deployment and the first two have placed initial volume orders. Sales projections to these customers should double revenues for passive telecom componentry for fiscal year 2000. The company also announced qualification is underway at additional customer sites. "We are delighted by the rapid acceptance and integration of our ComEts in a very demanding DWDM environment," said John Ambroseo, President of Coherent's Laser and Auburn Groups. "These products play into our core strengths of optical fabrication and coating. ComEts are produced using existing capital infrastructure, although the company is investing in automated assembly equipment at Auburn to supply projected demand." In addition to ComEts, Coherent plans to introduce DWDM filters later this year. "There have been numerous inquiries from customers about our entry into the DWDM filter market, especially given our extensive expertise in thin-film technology," said Ambroseo. "We are focusing on yield and channel density to support the expanding needs of the marketplace." Dr. Bernard Couillaud, Coherent's President and Chief Executive Officer commented, "ComEts represents our first entry into the DWDM market. The telecom marketplace is projected to be the single largest growth opportunity over the next decade. Coherent intends to fully leverage its unique expertise in the areas of lasers, diodes, optics, optical coatings, and fibers, in a company wide effort to make the most of this marketplace opportunity." "Safe Harbor" Statement Under the Private Securities Litigation Reform Act The statements in this press release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties, including risks associated with uncertainties related to currency adjustments, contract cancellations, manufacturing risks, competitive factors, uncertainties pertaining to customer orders, demand for products and services, development of markets for the Company's products and services and other risks identified in the Company's SEC filings. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Readers are encouraged to refer to the risk disclosures described in the Company's reports on Forms 10-K, 10-Q and 8K, as applicable. Founded in 1966, Coherent, Inc. is a Standard & Poor's SmallCap 600 company and a world leader in the design and manufacture of lasers and systems for medical, scientific and commercial applications. Please direct any questions to Peter Schuman, Director of Investor Relations at 408-764-4174. For more information about Coherent, visit the company's Web site at cohr.com for product and financial updates. SOURCE Coherent, Inc. -0- 01/10/2000 /CONTACT: John Ambroseo of Coherent, Inc., 408-764-4613/ /Company News On-Call: prnewswire.com or fax, 800-758-5804, ext. 182802/ /Web site: cohr.com (COHR) CO: Coherent, Inc. ST: California IN: CPR MTC SU: * end of story *