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Bandwidth9 to Reduce Operations

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FREMONT, Calif., Feb. 13 -- Bandwidth9, a manufacturer of optical components and subsystems for metro network wavelength services, has announced it will substantially reduce its operations and product offerings and that it will seek opportunities to integrate its VCSEL-based products with interested companies.

Hatch Graham, CEO and chairman of Bandwidth9, said, "Not unlike other tunable laser companies, Bandwidth9 has observed limited revenue potential for tunable transmitters in the foreseeable future, while required to incur ongoing costs of nearly $1 million monthly to manufacture and deploy its products. This economic discrepancy is not an attractive recipe for suitable investment return for our shareholders. Accordingly, we have taken measures to dramatically reduce the operational costs, while seeking opportunities for success with strategic partners."

The company recently began deployment of its second-generation OC-48 tunable transmitter, capable of transmitting to distances beyond 600 km, and said it has shown significant results in fixed-wavelength VCSEL technology, with strong evidence of being able to achieve 10 Gbps operation at 1310 nm.

For more information, visit: www.bw9.com

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Published: February 2003
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