CHARLTON, Mass., June 7 /PRNewswire/ -- FiberCore, Inc. (Nasdaq: FBCE), a
leading manufacturer and global supplier of optical fiber and preform for the
telecommunication and data communications markets, today announced that the
Standard & Poor's Editorial Board approved the Company for a complete
corporate listing and description in Standard & Poor's Corporate Records.
Additionally, FiberCore, Inc. will have its corporate description published in
Standard & Poor's Daily News Section. Standard & Poor's will also initiate
financial coverage of the Company as part of the S&P Market Access Program,
including coverage of FiberCore, Inc. on S&P's Internet website,
http://www.advisorinsight.com, as well as S&P Marketscope and the S&P Stock Guide
database.
Standard Corporate Records is a recognized securities manual for "Blue
Sky" Standard Manual Exemption trading in approximately 35 states.
FiberCore's listing in Standard Corporate Records should assist the brokerage
and investment communities in the United States in making a market for
FiberCore's stock. However, it is recommended that brokers check with the
applicable "Blue Sky" laws and regulations in their given state.
FiberCore, Inc. develops, manufactures and markets single-mode and
multimode optical fiber preforms and optical fiber for the telecommunications
and data communications markets. In addition to its standard multimode and
single-mode fiber, FiberCore also offers various grades of fiber for use in
laser-based systems, to help guarantee high bandwidths and to suit the needs
of Feeder Loop also know as Metropolitan Area Network, Fiber-to-the Curb,
Fiber-to-the Home and Fiber-to-the Desk applications. Manufacturing
facilities are presently located in Jena, Germany and Campinas, Brazil.
For more information about the company, its products, or shareholder
information please visit our Website at: http://www.FiberCoreUSA.com or contact us
at: Phone - (508) 248-3900 or by FAX - (508) 248-5588 or E-Mail:
sales@FiberCoreUSA.com; investor_relations@FiberCoreUSA.com
Except for the historical matters discussed above, the statements in this
press release are forward looking and are made pursuant to the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995. They are
based on the Company's current expectations and are subject to a number of
risks and uncertainties. Actual results may differ materially from those
projected as a result of certain general economic and business conditions;
loss of market share through competition; introduction of competing products
by other companies; changes in Industry capacity; pressure on prices from
competition or from purchasers of the Company's products; availability of
qualified personnel; the delivery of an ability to commission new equipment as
scheduled; ability to obtain required financing; dependence on a limited
number of raw material suppliers; the loss of any significant customers; and
other factors detailed from time to time in the Company's filings with the
Securities and Exchange Commission.
SOURCE FiberCore, Inc.
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Related links:
http://www.advisorinsight.com
http://www.FiberCoreUSA.com
CONTACT:
Dr. Mohd A. Aslami, President-CEO, or Steven
Phillips, CFO of FiberCore, Inc., 508-248-3900, or General Info.,
Alison Ziegler, Analyst Info., Peter Seltzberg, or Media Info.,
David Closs, all of The Financial Relations Board BSMG,
212-661-8030
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