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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?


To: Greg h2o who wrote (22447)7/26/2000 5:44:02 PM
From: Sector Investor  Read Replies (1) | Respond to of 42804
 
Thanks to Kaka from Yahoo! for pointing this out. I started to bold certain parts, but the whole section should be bolded. This is awesome!

From the S-1 filed today:

THE LUMINENT STRATEGY

Our objective is to become the leading supplier of singlemode fiber optic components for the metropolitan and access networks. We intend to expand our business by providing high quality customer service, maintaining short production lead times, delivering high product volumes and providing a wide selection of active, passive and integrated components. As key elements of our strategy we intend to:

Leverage core competencies across multiple, high-growth markets.

We intend to use our core competencies in high-speed electronics, passive and active component design, packaging and manufacturing in order to expand market share and enter new high growth markets. To achieve this, we must work closely with our customers' research and development teams to understand emerging markets and technologies. We are focused on developing components for high speed and long-reach data transmission, WDM subsystems and residential access products. We believe our ability to design and develop singlemode fiber optic components for high-speed, long distance solutions is a key competitive advantage.

Maintain technology leadership in long-reach fiber optic transmission.

We believe that demand for long-reach connectivity in metropolitan and access networks is growing. Accordingly, we intend to leverage our design and packaging expertise in long-reach singlemode fiber optic components. We intend to use our strengths in high-speed electronics, semiconductor lasers, modulators, receivers, fiber components, micro-optic components and optical wave-guide components in order to capitalize on the growing demand for longer-reach, higher capacity singlemode fiber transmission. We intend to maintain our technological leadership through continual enhancement of our existing products and the development of new products permitting higher speed transmission of data, with greater capacity, over longer distances.

Leverage manufacturing expertise.

We intend to enhance our manufacturing and packaging expertise, expand our manufacturing capabilities and improve process efficiencies by adding and refining automated processes, quality systems and capacity. We believe that our manufacturing expertise and ability to expand capacity will provide us with competitive advantages, including faster time to market, better cost control and improved customer satisfaction.

Enhance and leverage strategic relationships.

We believe successful deployment of singlemode fiber optic components necessitates close working relationships with communication equipment manufacturers and service providers. We believe that the strong customer relationships we have established since our inception are key elements for our long-term success. We will continue to work closely with our customers to better understand their future needs and provide solutions tailored to those needs.


Expand sales and marketing effort.

We currently have an extensive network of direct sales and distributors worldwide. Selling sophisticated and technologically advanced products requires prolonged interaction with customers and a focused effort by the sales and marketing group during the qualification process. We intend to expand both our direct sales force and our distribution network to provide better service for our existing customers and target new customers effectively. We also plan to enhance the Luminent brand throughout the communications industry by engaging in a range of marketing programs.

Pursue strategic acquisitions to complement product offerings.

We intend to expand our products and technology portfolio through selected acquisitions. These acquisitions may include complementary products, technologies and businesses that further enhance our technology leadership or product breadth. We also believe that establishing relationships with companies that provide complementary products will enable us to bring greater value to our customers and extend our lead over existing and potential competitors.