Nepean, Ontario, San Jose, Calif., and Santa Rosa, Calif., January 19, 2000- JDS Uniphase Corporation (Nasdaq: JDSU and TSE: JDU) announced today that it has extended through December, 2001, a multi-year contract with Lucent Technologies (NYSE: LU) for the supply of advanced optical amplifier modules for Lucent's WaveStar™ OLS 400G optical networking system. This contract extension further strengthens JDS Uniphase's long-standing relationship as a key supplier to Lucent.
The optical amplifier modules covered by this agreement have been designed and developed to meet the specific requirements of Lucent's state-of-the-art system.
Lucent's WaveStar OLS 400G uses a technique known as dense wave division multiplexing (DWDM), which increases network capacity by simultaneously transmitting multiple wavelengths - or channels - of light across the same fiber strand. This 80-channel system can provide up to 400 gigabits per second (Gb/s) of transmission capacity over a single optical fiber.
Jozef Straus, Co-Chairman and President of JDS Uniphase commented: "We are very pleased to have been chosen by Lucent as a key partner in the development and supply of these optical amplifiers for Lucent's Wavestar OLS 400G system. JDS Uniphase has used its state-of-the-art amplifier technology and world-class fiberoptic engineering to develop an optical amplifier module able to meet the stringent performance specifications required for Lucent's optical networking system. This relationship provides JDS Uniphase with a significant opportunity to serve Lucent's future requirements."
Harry Bosco, president of Lucent's Optical Networking Group, added, "JDS Uniphase continues to be been an outstanding supplier of ours. Its amplifiers meet our very demanding performance requirements, and we are pleased to be able to extend our strategic relationship on this program."
Lucent Technologies designs, builds and delivers a wide range of public and private networks, communications systems and software, data networking systems, business telephone systems and microelectronics components. Bell Laboratories is the research and development arm of the company. For more information about Lucent Technologies, visit its Web site at http://www.lucent.com/.
JDS Uniphase is a high technology company that designs, develops, manufactures and distributes a comprehensive range of products for the growing fiberoptic communications market. These products are deployed by system manufacturers worldwide to develop advanced optical networks for the telecommunications and cable television industries. JDS Uniphase Corporation is traded on the Nasdaq National Market under the symbol JDSU and the exchangeable shares of JDS Uniphase Canada Ltd. are traded on The Toronto Stock Exchange under the symbol JDU. More information on JDS Uniphase is available at http://www.jdsunph.com/.
The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These statements may be identified by their use of forward-looking terminology such as "believes," "expects," "may," "should," "would," "will," "intends," "intention," "plans," "estimates," "anticipates," and similar words. Such forward-looking statements include, but are not limited to, the level of future opportunity for the Company represented by the Lucent supply contract described above. Such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected. Risks and uncertainties that could cause actual results to differ materially from such forward-looking statements include, but are not limited to, factors discussed from time to time in reports filed by JDS Uniphase Corporation with the Securities and Exchange Commission. The forward-looking statements contained in this news release are made as of the date hereof and JDS Uniphase Corporation does not assume any obligation to update the reasons why actual results could differ materially from those projected in the forward-looking statements.