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Technology Stocks : SDL, Inc. [Nasdaq: SDLI] -- Ignore unavailable to you. Want to Upgrade?

To: Scrapps who wrote (23)	12/1/1998 8:56:00 AM
From: w2j2	Read Replies (3) \| Respond to of 3951

SAN JOSE, Calif., Dec. 1 /PRNewswire/ -- SDL, Inc. (NASDAQ:SDLI) today announced that it has broken ground on a new manufacturing facility in Victoria, British Columbia, for its subsidiary, SDL Optics. The new site will more than double the manufacturing space of its current facility. SDL Optics manufactures the company's highly successful 980 nm pump modules and fiber Bragg gratings in Victoria. The new facility will initially be 41,000 square feet with the ability to be expanded further. SDL expects to be shipping products from it in the fourth quarter of 1999. "Our team in Victoria is very excited about the new facility and the tremendous opportunities resulting from the market acceptance of our products," said Donald R. Scifres, chairman and chief executive officer of SDL, Inc. "The new facility will allow us to continue our explosive growth in the dense wavelength division multiplexing (DWDM) marketplace, and represents our strong commitment to being a top tier supplier of optoelectronics solutions for the communications market." "The increasing need for bandwidth due to data traffic over the current telecom network is driving the need for expansion," said Greg Dougherty, president of SDL Optics and chief operating officer of SDL, Inc. "The demand is playing to our strengths. Our high power, grating stabilized pumps are enabling the growth of DWDM from 16 channels per fiber to between 40 and 80 channels."