STLW Stratos Intl (MM)

Stratos International Announces Leadership Change CHICAGO, Nov. 5 /PRNewswire-FirstCall/ -- Stratos International, Inc. (NASDAQ:STLW), a leading provider of optoelectronic, fiber optic, and radio frequency (RF) and microwave subsystems and components, today announced that James W. McGinley, Stratos' President and Chief Executive Officer, has resigned as an officer and director of the Company in order to pursue other interests. Until a replacement is named, Mr. McGinley's executive duties will be handled by Joe D. Norwood, Richard C. E. Durrant and David A. Slack, who are Executive Vice Presidents of Stratos. Mr. McGinley will continue to serve as a consultant to Stratos with respect to matters arising before his resignation. Stratos Exploring Strategic Alternatives In May, Stratos announced its decision to explore various strategic alternatives to maximize shareholder value, including the possible sale of the Company. Stratos has retained CIBC World Markets Corp. as its exclusive financial advisor. There is no assurance that a transaction will result involving the Company. Pending conclusion of the process, Stratos expects to continue operations as usual by seeking new business, developing new products and working with customers to maintain a high level of customer service. About Stratos 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 intellectual property portfolio of more than 100 patents. The Company is a market leader in several niches including high margin 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. 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: David A. Slack, Chief Financial Officer, or Barry R. Hollingsworth, Investor Relations, both of Stratos International, Inc., +1-708-867-9600 Web site: http://www.stratoslightwave.com/

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