SAN JOSE, Calif., June 13 /PRNewswire/ -- SDL, Inc. (Nasdaq: SDLI). The
Silicon Valley Chapter of the Association for Corporate Growth (ACG) honored
SDL with the chapter's Thirteenth Annual Emerging Growth Company Award. The
Emerging Growth Company Award recognizes a company with distinctive strategic
positioning and superior growth, dynamic evolving CEO leadership, and sharply
focused organization. Past winners include Yahoo! Inc., Linear Technology,
Adaptec, Cisco, Adobe Systems, and Oracle. ACG's fact sheet noted that SDL
has been selected for its "extraordinary track record of revenue growth and
profitability, enthusiastic reception by investors, and a management team with
dedication to the company culture and policies that lead to continuing
corporate growth."
SDL, Inc. is a world leader in providing solutions for optical
communications and related markets. Since going public in 1995, SDL has,
through significant infrastructure investments and corporate acquisitions,
expanded and diversified its core competencies, international presence and
manufacturing capacity. SDL's ability to meet the demands of the rapidly
growing Internet, terrestrial long-haul and undersea communications markets
has led to its significant growth. Revenues of $187 million in 1999, a
66 percent growth from the prior year, enabled the company to increase net
earnings by a substantial 219 percent to $25.2 million or $0.74 per share
compared to 1998's $0.26 per share. These results include acquisition related
expenses.
SDL is headquartered in San Jose, California and maintains wholly-owned
subsidiaries in New Jersey and Ohio in the U.S., in British Columbia, Canada,
and in Witham and Bracknell in the U.K.
About ACG
ACG is a premier association for and about professionals involved in
corporate growth, corporate development, and mergers and acquisitions. The
Silicon Valley Chapter, one of 35 chapters throughout the U.S., Canada and the
U.K., provides a forum for ideas and experiences focused on organizational
growth. Its mission is to be the catalyst of corporate growth in Silicon
Valley.
About SDL
SDL's products power the transmission of data, voice, video and Internet
information over fiber optic networks to meet the needs of telecommunications,
dense wavelength division multiplexing (DWDM), cable television and satellite
communications applications. They enable customers to meet the bandwidth
needs of increasing Internet, data, video and voice traffic by expanding their
fiber optic communications networks much more quickly and efficiently than
would be possible using conventional electronic and optical technologies.
SDL's optical products also serve a variety of non-communications
applications, including materials processing and printing. Additional
information about SDL, Inc. is available on the Internet at http://www.sdli.com .
Statements in this press release which are not historical including
statements regarding SDL's or management's intentions, hopes, beliefs,
expectations, representations, projections, plans or predictions of the future
are forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Such statements include statements regarding
SDL's position as a world leader in providing solutions for optical
communications and related markets, the expansion and diversification of SDL's
core competencies, international presence and manufacturing capacity, and its
ability to meet the demands of the rapidly growing internet, terrestrial long-
haul and undersea communications markets and SDL's revenue and net earnings
growth. It is important to note that the Company's actual results could
differ materially from those in any such forward-looking statements. Factors
that could cause actual results to differ materially include risks related to
uncertainties in or failure to meet customer product specifications and market
requirements, the possibility of emerging competing technologies, and the risk
factors listed from time to time in the Company's SEC reports including but
not limited to, the annual report on Form 10-K for the year ended
December 31, 1999, and the quarterly report on Form 10-Q for the quarter ended
March 31, 2000.
SOURCE SDL, Inc.
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Related links:
http://www.sdli.com
CONTACT:
Chairman and CEO, Donald R. Scifres, VP
Finance and CFO, Michael L. Foster, 408-943-9411, both of SDL,
Inc.; or General Information, Lisan Chainey and Marcia Nakamura,
Investor Contact, Susan Katz, Media Contact, Chris Wood,
415-986-1591, all of the Financial Relations Board
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