Nepean, Canada and San Jose, California – December 19, 2000 – JDS Uniphase Corporation (Nasdaq: JDSU and TSE: JDU) announced today the opening of its new facilities in Ewing Township, Mercer County, New Jersey. JDS Uniphase is one of the fastest-growing high-technology firms with a presence in New Jersey, according to the New Jersey State Chamber of Commerce and the New Jersey Commission on Science and Technology. The growth of the West Trenton Division (formerly Epitaxx) and three other New Jersey facilities have required the hiring of 950 new employees and 250,000 square feet of additional space in 2000. Currently, the company employs 1,250 employees in New Jersey, with over 23,000 employees worldwide.
"JDS Uniphase is continually striving to increase manufacturing output to meet customer demand. The securing and opening of new and expanded facilities, such as those in West Trenton, New Jersey, is a vital step towards achieving that goal," said Jozef Straus, CEO and Co-chairman. "We are honored that the Governor and many of our business partners have come here today to celebrate one of the important areas of growth for JDS Uniphase. We appreciate the support that our operations have been given in the State of New Jersey and look forward to continued support in the future."
"State government’s continuing job will be to create a climate in which our people and companies thrive, because you – the people and companies of New Jersey – are the real engines that drive our economy," said New Jersey Governor Christie Whitman. "Most important, with growing companies like JDS Uniphase, the New Jersey success story speaks for itself – in jobs, in prosperity, and in New Jersey’s reputation as the best place in which to live, work, and raise a family."
"The most critical element in growing this kind of business is finding enough skilled workers," said Dr. Alka Swanson, General Manager and Vice President of JDS Uniphase’s West Trenton Facilities. "With the support of the local and state agencies we have been able to find the caliber of individuals we need to grow our business rapidly."
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.jdsunph.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 "will," "expects," "goals," and similar words. Such forward looking statements include, but are not limited to any statement or implication (a) as to the ability of JDS Uniphase to achieve its manufacturing output goal, and (b) that the successful completion of such goal will be beneficial to JDS Uniphase or its stockholders. 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 assumes no future obligation to update the reasons why actual results could differ materially from those projected in the forward-looking statements.