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Technology Stocks : The *NEW* Frank Coluccio Technology Forum -- Ignore unavailable to you. Want to Upgrade?


To: r.edwards who wrote (11745)10/13/2005 9:32:40 PM
From: Frank A. Coluccio  Respond to of 46821
 
Hi r. edwards. Wow, AVNX. You went back a long ways to catch George on that one, didnt you? Shades os Simon from another era, it seems. Today AVNX closed a nice deal with ALA, I believe. I'll fetch and post it if I can find it. Here we go, from Lightwave Mabazine:

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Avanex, Alcatel ink 2-year supply agreement

October 13, 2005 Fremont, CA -- Avanex announced its entry into a supply agreement with Alcatel, to be in effect from October 2005 through October 2007. The supply agreement calls for Avanex to continue to supply Alcatel with fiber-optic components, including active and passive components, optical amplifiers, and dispersion compensation modules and transponders, which are used in a variety of Alcatel's optical networking products.

"We believe this agreement is a very positive arrangement for both companies," comments Jo Major, president and CEO of Avanex. "We have always had a close working relationship with Alcatel, and we are committed to support them with important components for their metro, long haul, and submarine telecommunications system deployments."

According to a press release, the supply agreement is part of a series of transactions currently being negotiated between the two companies. Further information about the transactions will be available once the companies have entered into definitive agreements.

Find this article at:
lw.pennnet.com