Revenue in Excess of $20 Million Expected Over 15 Months
SAN JOSE, Calif., Oct. 18 /PRNewswire/ -- SDL, Inc. (Nasdaq: SDLI) has
entered into a supply agreement with Huawei Technologies Co., Ltd. to supply
980 nm pump modules and Arrayed Waveguide Grating (AWG) modules for Huawei's
wavelength division multiplexing (DWDM) systems. SDL will supply a
substantial number of 980 nm pump modules and AWG modules through December 31,
2001. Under the terms of the supply agreement, SDL's revenue is expected to
exceed $20 million.
SDL's 980 nm pump modules and AWGs are key components used in both the
long distance fiber optic networks and metro DWDM systems. SDL's grating
stabilized 980 nm pump module features high power and grating stabilization
for superior spectrum performance that is required due to increasing channel
counts and higher bit rates of next generation DWDM systems.
The AWGs are designed and manufactured by SDL PIRI, a leading manufacturer
of AWGs that enable the routing of individual wavelength channels in fiber
optic systems. The planar waveguide layers are etched into circuit patterns
and embedded with a glass cladding layer to provide isolation and protection.
SDL PIRI's optical circuit chips are characterized by low propagation,
insertion and high reliability as a result of the silica-quartz or
silica-silicon. These products are used in optical multiplexing and
demultiplexing applications for DWDM fiber optic systems.
According to Gregory P. Dougherty, chief operating officer of SDL, "Our
ability to meet the demand of growing markets, such as China, has broadened
our customer base and global penetration. We are glad to have Huawei as our
partner in serving this region. We look forward to meeting Huawei's
increasing demand for our high power pump modules and high performance AWGs."
About SDL
SDL's products power the transmission of data, voice and Internet
information over fiber optic networks to meet the needs of telecommunications,
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 .
About Huawei Technologies
Huawei is a privately held Chinese telecommunication equipment
manufacturer. In the past 10 years, Huawei has emerged as the leader in the
industry in China, growing from a dozen people to currently over 15,000
employees with revenue over US$1.5 billion. Their major product lines cover
such key telecommunication areas as switching/routing, DWDM transmission,
optical access network and many others. Additional information about Huawei
Technology Co. Ltd. is available on the Internet at http://www.huawei.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 terms of and the revenue anticipated from the supply agreement with
Huawei, the superior power levels and performance of SDL's 980 nm pump module,
and the company's ability to meet Huawei's increasing demand for pump modules
and AWGs. 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
the company's inability to manufacture quantities to successfully meet
Huawei's order for pump modules and AWGs, the company's inability to meet the
power and performance specification levels required by Huawei, possible
decreases in Huawei order levels, 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 Form 10-Q for
the quarter ended March 31 and June 30, 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 of SDL, Inc., 408-943-9411,
or general info, Lisa Chainey, investors, Susan Katz, media, or
Dawn Swidorski of The Financial Relations Board, 415-986-1591
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