Stratos International Announces a Change in CFO
February 04 2005 - 5:59PM
PR Newswire (US)
Stratos International Announces a Change in CFO CHICAGO, Feb. 4
/PRNewswire-FirstCall/ -- Stratos International, Inc.
(NASDAQ:STLW), a leading provider of optoelectronic, fiber optic,
and radio frequency (RF) and microwave components, today announced
that David A. Slack, Chief Financial Officer, plans to leave the
company. "Stratos International is grateful to David for his
dedication during his tenure with us," said Andy Harris, Chief
Executive Officer of Stratos International. "Having given so much
during a period of continuous change, David believes this is an
appropriate time to step out of his role as CFO. I respect David's
decision and wish him well. He has made a significant contribution
to Stratos during the past five years and we greatly appreciate his
efforts." Barry Hollingsworth has been selected to assume the Chief
Financial Officer position effective on February 7, 2005. Mr.
Hollingsworth was previously Vice President of Finance &
Administration for Stratos International. Hollingsworth holds a
bachelor's degree from Northern Illinois University and a master's
in business administration from DePaul University. He is a
Certified Public Accountant and holds the Chartered Financial
Analyst (CFA) designation. David Slack will continue in a
consulting role with the company through June 4th to facilitate the
transition of responsibilities to Mr. Hollingsworth. ABOUT STRATOS
INTERNATIONAL Stratos International, Inc. is a leading designer,
developer and manufacturer of active and passive optical,
optoelectronic, RF and Microwave components, subsystems and
interconnect products used in telecom, enterprise, military and
video markets. Stratos has a rich history of optical and mechanical
packaging expertise and has been a pioneer in developing several
optical devices using innovative form factors for telecom, datacom
and harsh environments application. This expertise, coupled with
several strategic acquisitions, has allowed the Company to amass a
broad range of products and build a strong IP portfolio of more
than 100 patents. The Company is a market leader in several niches
including specialty optical products such as RJ and low rider
transceivers, Media Interface Adapters, flex circuits, as well as
high performance RF and microwave coax and triax interconnect
products. The Company currently serves more than 400 active
customers in telecom, military and video markets. This press
release contains predictions and other forward-looking statements.
All forward-looking statements in this press release are based on
information available to the Company as of the date hereof, and we
assume no obligation to update any such forward-looking statements.
Forward-looking statements are subject to risks and uncertainties
and actual results may differ materially from any future
performance suggested. These factors include rapid technological
change in the optical communications industry; fluctuations in
operating results; the Company's dependence on a few large
customers; and competition. Other risk factors that may affect the
Company's performance are listed in the Company's annual report on
Form 10-K and other reports filed from time to time with the
Securities and Exchange Commission. For additional information
contact Stratos International at 7444 W. Wilson Ave., Chicago, IL
USA 60706-4549; Tel: 708.867.9600. Fax: 708.867.0996. Website:
http://www.stratoslightwave.com/. DATASOURCE: Stratos
International, Inc. CONTACT: Barry R. Hollingsworth of Stratos
International, +1-708-457-2379 Web site:
http://www.stratoslightwave.com/
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