Stratos Lightwave Shareholders Approve Merger With Sterling Holding Company
November 06 2003 - 1:09PM
PR Newswire (US)
Stratos Lightwave Shareholders Approve Merger With Sterling Holding
Company CHICAGO, Nov. 6 /PRNewswire-FirstCall/ -- Stratos
Lightwave, Inc., a leading supplier of optical subsystems, today
announced that its shareholders approved a proposal to adopt the
merger agreement between Stratos and Sterling Holding Company.
Stratos' shareholders approved the proposal at the Company's annual
meeting of shareholders held November 6, 2003 in Chicago, Illinois.
On July 2, 2003, Stratos announced that it had entered into a
definitive agreement to acquire Sterling, a privately-held company
based in Mesa, AZ, that designs and manufactures RF and Microwave
interconnect products via its two operating units, Trompeter
Electronics and Semflex. About Stratos Lightwave Stratos Lightwave,
Inc., with headquarters in Chicago, develops, manufactures and
sells optical subsystems and fiber optic components for high data
rate networking, data storage, military, harsh environment,
television/broadcast and telecommunication markets and
applications. Sterling Holding Company, through its Trompeter and
Semflex subsidiaries, designs, manufactures and markets electronic
interconnect components. Sterling provides high-quality, reliable
solutions with on-time delivery under short-lead time to its
customers in the telecommunication, military, and video markets.
This press release contains predictions, estimates and other
forward-looking statements regarding anticipated revenue growth,
customer orders, manufacturing capacity and financial performance.
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 Lightwave 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 Lightwave,
Inc. CONTACT: David A. Slack, CFO, or Michael T. Perkins, Manager
of Investor Relations, both of Stratos Lightwave, Inc.,
+1-708-867-9600 Web site: http://www.stratoslightwave.com/
Copyright
Stratos (NASDAQ:STLW)
Historical Stock Chart
From Jun 2024 to Jul 2024
Stratos (NASDAQ:STLW)
Historical Stock Chart
From Jul 2023 to Jul 2024