SAN JOSE, CALIFORNIA, February 6, 2005 – JDSU, a leading provider of high precision optical solutions for industrial applications, today announced that Dr. Jan-Gustav Werthen will speak at PARC Forum on Thursday, February 16 at 4:00 p.m. PST. The event is free and open to the public. Palo Alto Research Center (PARC) is located at 3333 Coyote Hill Road in Palo Alto. Additional information can be obtained by calling 650-812-4000.
JDSU’s Photonic Power business unit, led by Dr. Werthen, is the pioneering provider of Photonic Power for the generation of electricity from light. Photonic Power is an inventive power delivery system whereby light from a laser source illuminates a highly efficient photovoltaic power converter to produce electrical power. Photonic Power can power electronic circuitry in a wide variety of industries without the need for copper or coaxial cable, batteries, transformers or solar panels, paving the way for remote power delivery with 100 percent electrical isolation. Photonic Power delivers isolated power that is immune to RF, EMI, high voltage and lightning. Photonic Power technology is being leveraged across multiple markets, including medical, wireless communications, electrical power, industrial sensor, and aerospace applications. More than 10,000 units have been deployed to date, serving more than 50 customers, including Siemens, Raytheon, ETS Lindgren, and NEC.
Dr. Werthen will give an overview of this technology and offer insights into potential uses. Dr. Werthen has shepherded Photonic Power from a nascent idea to a potentially disruptive innovation that is now backed by the strength of a billion dollar company. His talk will include a look back at that process, including steps leading up to the acquisition of his company by JDSU in June, 2005.
About PARC
The Palo Alto Research Center (PARC), a subsidiary of Xerox Corporation, conducts pioneering interdisciplinary research in physical, computational, and social sciences. Building on our three-decade tradition of innovation, PARC works with Xerox <http://www.xerox.com/> and other strategic partners to commercialize technologies created by our renowned scientists. As the birthplace of technologies such as laser printing, Ethernet, the graphical user interface, and ubiquitous computing, PARC has an established track record for transforming industries and creating commercial value. Founded in 1970 and incorporated in early 2002, PARC is defining a new vision for how pioneering research creates commercial impact. Through a balance of technology and intellectual property licensing, sponsored strategic research and new business creation, PARC is extending its tradition of groundbreaking advancements, delivering business results through the commercialization channels of industry partners.
Over the years, PARC Forums have become something of a South Bay institution. Forums are held most Thursday afternoons in the PARC auditorium. The forums are open to the public and PARC employees, and cover a wide range of technical and socially provocative topics. More information is available at http://www.parc.com/. Presentations generally run for 45 minutes, followed by a question and answer session with the speaker.
About JDSU
JDSU (NASDAQ: JDSU; and TSX: JDU) is committed to enabling broadband & optical innovation in the communications, commercial and consumer markets. JDSU is the leading provider of communications test and measurement solutions and optical products for telecommunications service providers, cable operators, and network equipment manufacturers. Furthermore, JDSU is the leading provider of innovative optical solutions for medical/environmental instrumentation, semiconductor processing, display, brand authentication, aerospace and defense, and decorative applications. More information is available at http://www.jdsu.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. Such forward-looking statements include, but are not limited to, any statement or implication that the products described in this press release (i) will be successfully introduced or marketed, (ii) will be qualified and purchased by our customers, or (iii) will perform to any particular specifications or performance or reliability standards. Such forward-looking statements involve risks and uncertainties that, if realized, could materially impair the Company's results of operations, business, and financial condition. These risks and uncertainties include, but are not limited to, (a) the failure of the products (i) to perform as expected without material defects, (ii) to be manufactured at acceptable volumes, yields, and cost, (iii) to be qualified and accepted by our customers, and (iv) to successfully compete with products offered by our competitors, and (b) factors discussed from time to time in reports filed by the Company 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. Source: JDS Uniphase Corporation.
Media: Jayme Curtis, JDSU Public Relations, 408-546-7028 or jayme.curtis@jdsu.com
Investors: Jacquie Ross, Investor Relations, 408-546-4445, or investor.relations@jdsu.com
Customers: Scott Shoults, Sales, 408-887-8837 or scott.shoults@jdsu.com
JDSU and the JDSU logo are trademarks of JDS Uniphase Corporation.