Nepean, Canada and San Jose, California - September 12, 2000—JDS Uniphase Corporation (Nasdaq: JDSU and TSE: JDU) today announced organization changes designed to better serve customers and further integrate recently acquired operations and their management teams.
JDS Uniphase announced the appointment of Dr. David King as President of the Semiconductor Products Group that now combines all activities in optical amplifier modules as well as those pertaining to light sources and pump lasers.
The company also announced the appointment of Maurice Tavares as president of the Fiberoptic Products Group that now fully integrates the former E-TEK Dynamics subsidiary. As part of this integration, the company announced the appointments of Dr. Philip Anthony as Vice President and General Manager of worldwide passive components for optical amplifier activities and of Kumar Visvanatha as Senior Vice President of worldwide DWDM and switching activities. Both Dr. Anthony and Mr. Visvanatha will report to Mr. Tavares. Sanjay Subhedar, former President of the E-TEK subsidiary, has elected to leave the company at the end of September to pursue opportunities in venture capital investing.
The company also announced the appointment of Scott Parker as Vice President of Global Sales and Nadine Melka as Vice President of Marketing. Mr. Parker and Ms. Melka, both of the former E-TEK subsidiary, have been charged with further enhancing the company's focus on its customers' key applications: transmission, amplification, DWDM, and switching. The Global Sales organization will provide a single point of contact for customers and a field application engineering function to provide world-class customer service. The corporate-level marketing function will coordinate company-wide marketing strategies and communications.
"In order to always meet and exceed customer expectations, we must remain flexible," said Jozef Straus, Co-Chairman and Chief Executive Officer of JDS Uniphase. "Our acquisitions have expanded and strengthened our company, and integrating their operations and respective management talents into JDS Uniphase allows us to serve our customers' rapidly changing needs even better. We regret losing Sanjay, who was instrumental in E-TEK's success, and we wish him well."
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 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.jdsuniphase.com/.
The statements contained within this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1934. These statements may be identified by their use of forward-looking terminology such as "designed," "will," "expects," and similar words. Such forward-looking statements include, but are not limited to any statement or implication that changes to the Company's organization will result in higher levels of customer satisfaction. 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 the Company does not assume any obligation to update or qualify any of the statements made herein.