Stratos International Signs Strategic Partnership Agreement to Provide Fiber to the Home Products
December 03 2005 - 11:33AM
PR Newswire (US)
CHICAGO, Dec. 3 /PRNewswire-FirstCall/ -- Stratos International,
Inc. (NASDAQ:STLW), today announced that it has signed a Strategic
Partnership Agreement with Korean company Shinkwang for Fiber to
the Home, (FTTx) products, providing Stratos exclusive access to a
broad range of competitive passive components for the burgeoning
North American market. Founded in 1998, Shinkwang is a Korean-based
manufacturer of high quality innovative fiber optic communications
products. Shinkwang is an established supplier to Korea Telecom, as
well as to other leading FTTx customers. Andy Harris, President and
CEO of Stratos, remarked, "Combined with our own new connector
products designed for outside plant applications, Stratos is well
positioned to aggressively pursue a focused customer base including
municipalities, local phone companies, developers and independent
service providers. We consider these to be the strongest and most
lucrative sector of this rapidly growing opportunity." 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 currently serves more than 1,300
active customers, who are primarily in telecom/datacom,
military/aerospace and video markets. DATASOURCE: Stratos
International, Inc. CONTACT: Barry Hollingsworth of Stratos
International, Inc., +1-708-457-2379, Web site:
http://www.stratoslightwave.com/
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