Avanex Announces Supply Agreement With Alcatel Through October 2007
Posted on: Wednesday, 12 October 2005, 12:00 CDT
FREMONT, Calif., Oct. 12 /PRNewswire-FirstCall/ -- Avanex Corporation today announced that it would enter into a supply agreement with Alcatel to be in effect from October 2005 through October 2007. The supply agreement calls for Avanex to continue to supply Alcatel with critical fiber-optic components, such as active and passive components, optical amplifiers, dispersion compensation modules and transponders, which are used in a variety of Alcatel optical networking products.
"We believe this agreement is a very positive arrangement for both companies," said Jo Major, president and CEO of Avanex. "We have always had a close working relationship with Alcatel, and we are committed to support them with important components for their metro, long haul and submarine telecommunications system deployments."
The supply agreement is part of a series of transactions currently being negotiated between the two companies. Further information about these transactions will be available once the companies have entered into definitive agreements.
About Avanex
Avanex Corporation is a leading global provider of Intelligent Photonic Solutions(TM) to meet the needs of fiber optic communications networks for greater capacity, longer distance transmissions, improved connectivity, higher speeds and lower costs. These solutions enable or enhance optical wavelength multiplexing, dispersion compensation, switching and routing, transmission, amplification, and include network-managed subsystems. Avanex was incorporated in 1997 and is headquartered in Fremont, California. Avanex also maintains facilities in Erwin Park, N.Y.; Nozay, France; San Donato, Italy; Shanghai, China; and Bangkok, Thailand. An overview of the company can be found on our website at: http://www.avanex.com/ .
Avanex Corporation
CONTACT: investor relations, Deborah Stapleton, deb@stapleton.com , orEllen Brook, ellen@stapleton.com, both for Avanex Corporation,+1-650-470-0200
Web site: http://www.avanex.com/
Source: PRNewswire-FirstCall
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