![]() |
![]() | ![]() |
| We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level. |
Galileo Corporation Changes Name to NetOptix Corporation and Nasdaq Symbol to OPTX STURBRIDGE, Mass.--(BUSINESS WIRE)--Sept. 30, 1999--Galileo Corporation (Nasdaq: GAEO - news) announced today that it has changed its name to NetOptix Corporation effective immediately. The Company's new Nasdaq trading symbol is OPTX effective on October 1, 1999. The name change was made in recognition of the emergence of the Company primarily as a manufacturer of optical telecommunications components and its focus on developing and manufacturing Dense Wavelength Division Multiplex (DWDM) optical filters. These filters are a key component in fiber optic communications systems to split a single fiber optic channel into multiple wavelengths, thereby permitting a substantial increase in communications capacity. The need for increased capacity stems from the surge in demand fueled, in part, by the growth of Internet traffic. As previously announced, the Company's subsidiary, Optical Filter Corporation (OFC), which has developed and is now manufacturing and marketing DWDM optical filters, recently received its first production order for this product. OFC also produces a broad range of optically coated products and operates a state-of-the-art diamond point turning facility. The Company's other subsidiary, Leisegang Medical, Inc., develops, manufactures and distributes women's health-related medical products, including colposcopes and a variety of diagnostic and surgical devices. For additional information about NetOptix Corporation visit our website: www.netoptix.com -------------------------------------------------------------------------------- Contact: Galileo Corporation Josef W. Rokus 508-347-4347 | ||||||||||||
|
| Home | Hot | SubjectMarks | PeopleMarks | Keepers | Settings |
| Terms Of Use | Contact Us | Copyright/IP Policy | Privacy Policy | About Us | FAQ | Advertise on SI |
| © 2026 Knight Sac Media. Data provided by Twelve Data, Alpha Vantage, and CityFALCON News |