SAN JOSE, Calif., June 30 /PRNewswire/ -- SDL, Inc. (Nasdaq: SDLI)
announced that John C. Wyatt recently joined the company as the Vice President
of its newly formed Transmission Division. In his role as Vice President of
the Transmission Division, Wyatt will have responsibility for SDL's lithium
niobate transmitter and receiver product lines and the recently acquired
Veritech operation located in Plainfield, New Jersey.
Prior to joining SDL, Wyatt was the Senior Vice President of Sumitomo
Electric. He has also held senior management positions at Harris Corporation,
Ericsson, Transwitch Corporation, Siemens and BT&D (now Agilent). Wyatt will
be located in the New Jersey facility and will report to Gregory P. Dougherty,
Chief Operating Officer of SDL.
"John brings outstanding fiber optic communications experience and
management skills to SDL," said Dougherty. "He led both BT&D and Sumitomo to
industry leading positions for transmitters and receivers and also built a
solid organization. I am counting on John to bring more of his magic to SDL
as we continue to build a strong transmitter and receiver program around our
leading edge 10 Gb/s lithium niobate modulators and drivers."
About SDL, Inc.
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
the experience and management skills Wyatt brings to SDL, the company's
intention to continue to build a strong transmitter and receiver program, and
the company's leading edge lithium niobate modulators and driver products. 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
Factors that could cause actual results to differ materially include the
inability to successfully build a strong transmitter and receiver program, the
company's inability to benefit from Wyatt's experience and management skills
and achieve the anticipated results, lack of demand for the transmitter and
receiver products, uncertainties in market conditions, delays or cancellations
of customer orders, lack of customer acceptance of these products, alternative
technologies, competitors' products, 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:
Donald R. Scifres, Chairman and CEO, or
Michael L. Foster, VP Finance and CFO, both of SDL, Inc.,
408-943-9411; or general info, Lisa Horn Chainey or Marcia
Nakamura, investor, Susan Katz, or media, Chris Wood, all of the
Financial Relations Board, 415-986-1591
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