To: Tim Luke who wrote (21954 ) 3/31/1999 11:39:00 AM From: Glenn Respond to of 90042
From the looks of the stock price today, I am gusesing (actually laughing) that the stockholders didn't like the old regime. Persuing what opportunities? PETALUMA, Calif., March 1 /PRNewswire/ -- Advanced Fibre Communications(R), Inc. (AFC) (Nasdaq: AFCI) announced today that Gregory Peters, AFC's Vice President of International Operations, has left AFC to pursue other opportunities. A search to replace Mr. Peters has been initiated; internal and external candidates will be considered for the job. In the interim, Corey Geiger, AFC's Regional Vice President, Operations, will assume the responsibilities for International Operations. AFC is a leading manufacturer of telecommunications systems for the "local loop" between telephone service users and public telephone networks worldwide. AFC has pioneered a single platform that supports any network, any transport, and any service. AFC's flagship product the UMC 1000(R) Multi-Service Access Platform provides any service from POTS to xDSL over copper, fiber and wireless transport media. Additional information about AFC can be found on the Internet at fibre.com . NOTE: Advanced Fibre Communications, AFC, the AFC logo, Universal Modular Carrier, and UMC 1000, Any Network, Any Transport, Any Service are registered trademarks of Advanced Fibre Communications, Inc. SOURCE Advanced Fibre Communications, Inc. -0- 03/01/99 /CONTACT: Christine Koontz of Advanced Fibre Communications, Inc., 707-794-7651, or christine.koontz@fibre.com/ /Web site: fibre.com (AFCI) CO: Advanced Fibre Communications, Inc. ST: California IN: TLS SU: PER MG-PM -- SFM119 -- 0711 03/01/99 17:59 EST prnewswire.com