Leoni takes over j-fiber in Jena

Glass fiber manufacturer is being integrated into the Business Unit Fiber Optics

Nuremberg - Leoni, the leading provider of cables and cable systems to the automotive sector and other industries, has acquired 100 percent of the shares of the j-fiber GmbH in Jena and finalized its activities in this field at the end of 2011. In 2007, Leoni acquired within the framework of its growth strategy in technologically demanding niche markets 51 percent of the shares of j-fiber and has since vertically integrated this unit.

j-fiber is one of the worldwide leading manufacturers of high-quality glass fibers, preforms and quartz glass materials for demanding telecommunication & data communication applications and special industrial fields. In these fields of business j-fiber is a good supplement to the Leoni Group. 

Its Business Unit Fiber Optics is one of the worldwide leading providers for special optical fibers for industrial applications, sensor technology and analytics, science, telecommunication and laser medicine. Leoni thus further expands its production capacities for preforms and fibers for telecommunication, data communication and special applications and reacts to the growing demand and to the high quality awareness of its customers.

“The product and service portfolios of the two enterprises perfectly complement each other. Together we will further pursue our strategy to provide sustainable solutions to our customer’s problems using innovative technologies,” says Andreas Weinert, Vice President of BU Fiber Optics of Leoni. The customers can rely on a well-coordinated organisational structure, the highest available quality and a comprehensive support on three continents.

Polatis Investors Bring $2.7 Million in New Funding

Polatis, Inc. the performance leader in all-optical switch technology, announced it has secured $2.7 million (USD) in additional funding from the company’s existing investors. Polatis is a privately held company backed by well known technology-focused venture capital and private equity investment firms in the USA and Europe.

Financing secured for new product investment, scaling of production capacity and expansion of business development

This funding will be used to accelerate new product developments for growth markets in datacenter interconnect, carrier networking and government systems, further ramp inhouse manufacturing capability, and expand business development resources
worldwide.

“We are delighted that all of our major investors have contributed to this new round of funding,” said Gerald Wesel, president and CEO of Polatis. “It underlines the increasing demand from our customers for Polatis’ class-leading fiber-layer management solutions and shows we have real investor confidence and support for our business plans.”

Polatis’ investors include Flagship Ventures, JK&B Capital, DFJ Esprit, Encore Ventures, Alta-Berkeley Ventures, Massachusetts Technology Development Corporation, Prism VentureWorks and Gainesborough Investments.

About Polatis
Polatis delivers the world's lowest loss all-optical matrix switch solutions for remote
fiber-layer provisioning, protection, monitoring, reconfiguration and test, with over 1000 systems shipped to end users and network equipment manufacturers worldwide.

Dependable, field-proven DirectLightTM optical switch technology scales from 4x4 to
96x96 fiber ports, applying class-leading performance to provide dynamic optical
networking for telecommunications, datacenter, government, test and video markets.
Website: www.polatis.com

DirectLight is a registered trademark of Polatis, Inc.

Tellabs to close R&D facilities in California, Canada, Pakistan, and India

Naperville -headquartered network equipment manufacturer Tellabs has announced restructuring plans which will result in the loss of 530 employees. The company also plans to stop new development on its LTE product.

"In a climate of economic uncertainty, Tellabs needs to align expenses with revenue," said Rob Pullen, CEO and president, Tellabs. "Unfortunately, our restructuring will affect about 530 people. We will reduce expense and stop new development work on the Tellabs SmartCore 9100 LTE product, while continuing to support Tellabs SmartCore 9100 WiMax customers."

As a part of its restructuring move, Tellabs will close its research and development facilities in California, Canada, Pakistan, and India.

The company recorded a net loss of  $5 million in the fourth quarter that ended Dec. 31, 2011. That compared with a net loss of  $11 million a year earlier. Revenue fell 23 per cent to $317 million from $411 million.

Tellabs will restructure its business and recognize a pretax charge, substantially all of which is expected to be incurred in the first quarter of 2012, currently estimated at $107 million, the company said.

"We'll address customers' needs through our next-generation portfolio of products and services for the smart mobile Internet, including Tellabs Mobile Backhaul Solution, Tellabs Packet Optical Solution and professional services such as Tellabs Insight Analytics Services."

Platinum Communications to Acquire AlbertaHighSpeed

Calgary, Alberta CANADA, February 01, 2012 /FSC/ - Platinum Communications Corporation (PCS - TSX Venture), announced today that it has entered into an agreement to purchase "AlbertaHighSpeed" a regional Wireless Internet Services Provider covering the communities of Lacombe, Blackfalds, Rimbey, Bentley, Crestomere and Red Deer East in Central Alberta. This acquisition, which is subject to the approval of the TSX Venture Exchange and the negotiation of a formal agreement, is expected to close within the next 90 days. The purchase price of $1,300,000 is subject to adjustments that are standard for this type of transaction.

Bernard Parkinson, President & CEO, states, "We're excited with this acquisition as it overlays our existing network and materially strengthens our presence in the rapidly growing Calgary to Edmonton corridor.   Further, this acquisition will add 19 service delivery locations, 15 communities and 1,300 subscribers. Central Alberta is growing quickly and we plan to leverage this market potential."

With the addition of AlbertaHighSpeed, Platinum's total customer base will grow to in excess of 10,000 subscribers. A network map showing Platinum's growing footprint with the addition of AlbertaHighSpeed can be found at http://www.platinum.ca/acquisition/network_map.jpg.

ABOUT PLATINUM COMMUNICATIONS

Platinum Communications Corporation (TSX-V: PCS) is a leading provider of superior quality fixed wireless Internet and Broadband solutions in Alberta. Based in Calgary, Platinum operates a wireless broadband network that utilizes Next-Generation WiMax technology to bring fast, reliable and affordable Internet services and digital phone solutions to residents and businesses across the Province. The company serves more than 10,000 customers in over 201 communities from 145 service delivery locations, primarily in rural Alberta. Platinum uses licensed and unlicensed wireless broadband and fiber network that extends from the north of Edmonton to the Alberta/US border, covering more than 65,500 square kilometers. Platinum caters to rural and near-urban markets that are often beyond the reach of traditional Internet providers. For more information, please visit our website at www.platinum.ca or call 403-301-4591.

For further information please contact:

Bernard Parkinson, CEO              Katherine Kirkup, CFO
Phone (403) 301-4591                Phone (403) 301-4594


To view this release as a webpage, please click on the following link:
http://www.usetdas.com/pr/platinumpr02012012.htm


Contact:

Platinum Communications Corp.
Bernard D. Parkinson, CEO
403-301-4591
bparkinson@platcom.ca


Source: Platinum Communications Corporation (TSX-V: PCS) http://www.platinum.ca
Maximum News Dissemination by Filing Services Canada Inc. http://www.usetdas.com

Filing Services Canada

February 1, 2012 - 6:46 PM EST

RUSSIA: SUCCESSFUL ERROR-FREE 40 Gb/s TRANSMISSION OVER 2000 KM IN 3.2 Tb/s DWDM SYSTEM

Moscow, Russia, February 1, 2012 - OFS and T8 announce a new record in error-free 40G multi-channel transmission over 2000 km of  OFS  optical  fiber. The demonstration is enabled by transmission equipment “PUSK,” developed by T8 / NTO "IRE-Polus," and OFS AllWave® ZWP optical fiber /RightWave™ LL MicroDK  dispersion compensating modules.

 “Bandwidth demand in the Russian/CIS telecommunications market today is growing fast, and a number of  terrestrial optical communication lines have to be upgraded or built, increasing the demand we see for 40Gb/s and 100 Gb/s  DWDM  digital channels,” noted Vladimr Treschikov, General Director of T8.  “As networks become more complex and support higher data rates, they demand ultra-high technical performance from both the active equipment and fiber optic cables. The best technical results in optical communication can only be achieved by using the finest technical solutions, up-to date equipment and the best available transmission media.  Consequently, we had the idea of joining the efforts of two technology leaders- the Russian leader in transmission equipment –T8 and a worldwide leader in optical fiber innovation and manufacturing - OFS.” 
 “This is just the first step we have made here with T8 and this transmission accomplishment,” said Michael Pavlychev, the General Director of OFS office in Russia.  “The result has shown the possibility of going even further:   to transmit channels up to the distance of the order of 10,000 km with OFS fibers and dispersion compensation, as well the latest technologies in optical signal transmission, amplification, processing and decoding.”


About T8The Company “T8” LLC is the CIS leader in the sphere of DWDM technology adoption. Specialists from the Russian Academy of Sciences with an extensive experience in engineering and installation of DWDM highway systems form the foundation of the company. “T8” LLC is the only company in Russia developing DWDM systems by means of the world’s leading modeling system OptSim.  The company has the best testing laboratory in fiber optic communications, which is equipped with more than 100 devices for complex measurements during commissioning and start-up of DWDM systems, for the analysis of optical line parameters like chromatic dispersion, polarization mode dispersion (PMD), for transmission quality testing, GbE measuring and many others.


About OFS
OFS is a world-leading designer, manufacturer and provider of optical fiber, optical fiber cable, FTTX, optical connectivity and specialty photonics products.  Our manufacturing and research divisions work together to provide innovative products and solutions that traverse many different applications as they link people and machines worldwide. Between continents, between cities, around neighborhoods, and into homes and businesses of digital consumers we provide the right optical fiber, optical cable and components for efficient, cost-effective transmission.

OFS’ corporate lineage dates back to 1876 and includes technology powerhouses such as AT&T (NYSE: T) and Lucent Technologies (now Alcatel-Lucent, NYSE: ALU). Today, OFS is owned by Furukawa Electric, a multi-billion dollar global leader in optical communications.
Headquartered in Norcross (near Atlanta) Georgia, U.S., OFS is a global provider with facilities in Avon, Connecticut; Carrollton, Georgia; Somerset, New Jersey; and Sturbridge, Massachusetts, as well as in Denmark, Germany and Russia.

Source: OFS

JDSU Announces Fiscal 2012 Second Quarter Results

Page Content

• GAAP Revenue of $412.8 million; Non-GAAP Revenue of $413.1 million
• GAAP Gross margin of 42.4%; Non-GAAP Gross margin of 46.8%
• GAAP EPS of $(0.04); Non-GAAP EPS of $0.15

Milpitas, California, February 1, 2012 – JDSU (NASDAQ: JDSU; and TSX: JDU) today reported results for its second fiscal quarter ended December 31, 2011.
On a GAAP basis, net revenue for the second fiscal quarter of 2012 was $412.8 million and net loss was $(10.2) million, or $(0.04) per share.  This compares to net revenue of $420.8 million and net loss of $(5.8) million, or $(0.03) per share for the prior quarter, and net revenue of $473.5 million and net income of $23.6 million, or $0.10 per share for the second fiscal quarter of 2011. 

On a non-GAAP basis, net revenue for the second fiscal quarter of 2012 was $413.1 million and net income was $35.8 million or $0.15 per share.  This compares to non-GAAP net revenue of $421.1 million and net income of $40.9 million, or $0.18 per share for the prior quarter, and non-GAAP net revenue of $477.2 million and net income of $67.0 million or $0.29 per share for the second fiscal quarter of 2011.  

“Our fiscal second quarter financial results surpassed our expectations.   The outstanding efforts of our team and our manufacturing partner in Thailand coupled with our continued focus on expense control resulted in revenue and operating income that exceeded our guidance.  Our balance sheet remains strong and we generated over $45 million of cash from operations during the quarter,” said Tom Waechter, JDSU’s President and Chief Executive Officer.  “Looking ahead, we are pleased with the improving demand for our products, as evidenced by a book to bill of greater than one in each of our business segments, although we expect macro-economic conditions to cause margin pressure in the near-term.”

Financial Overview – Second Fiscal Quarter Ended December 31, 2011
All numbers in this section are non-GAAP unless stated otherwise.

• Net revenue of $413.1 million decreased 1.9% compared to the prior quarter and decreased 13.4% compared to the second quarter of fiscal 2011.
• Gross margin was 46.8% compared to 47.3% in the prior quarter and 48.8% in the second quarter of fiscal 2011.
•  Operating margin was 9.6% compared to 10.9% in the prior quarter and 15.3% in the second quarter of fiscal 2011.
• Communications Test and Measurement revenue of $196.2 million increased by 5.9% compared to the prior quarter and decreased 15.2% compared to the second quarter of fiscal 2011. Revenue from this segment represented 47.5% of total net revenue.
• Communications and Commercial Optical Products revenue of $163.2 million decreased 9.5% compared to the prior quarter and decreased 14.6% compared to the second quarter of fiscal 2011.  Revenue from this segment represented 39.5% of total net revenue.
  • Optical Communications revenue of $138.1 million decreased 8.0% compared to the prior quarter and decreased 18.0% compared to the second quarter of fiscal 2011. 
  • Commercial Lasers revenue of $25.1 million decreased 16.9% compared to the prior quarter and increased 10.6% compared to the second quarter of fiscal 2011. 
•  Advanced Optical Technologies revenue of $53.7 million decreased 3.4% compared to the prior quarter and decreased 1.8% compared to the second quarter of fiscal 2011.  Revenue from this segment represented 13.0% of total net revenue.
• Americas’ customers represented 51% of total net revenue for the quarter. EMEA and Asia-Pacific customers represented 24% and 25%, respectively, of total net revenue.
• The Company held $755.6 million in total cash and investments and generated $45.7 million of cash from operations for the quarter ended December 31, 2011.

Business Outlook
For the third quarter of fiscal 2012, ending March 31, 2012, the Company expects non-GAAP net revenue to be in the range of $410 to $425 million. 


About JDSU
JDSU (NASDAQ: JDSU; and TSX: JDU) innovates and markets diverse technologies that enhance the way people experience the world every day. We enable fast, high-quality communications, secure financial transactions, reliable consumer electronics, green energy, differentiated brands, and a host of other solutions. We provide these solutions through three business segments: Communications Test and Measurement, Communications and Commercial Optical Products, and Advanced Optical Technologies. More information is available at www.jdsu.com.

Teledyne Awarded Multi-year Agreement with FMC Technologies

THOUSAND OAKS, Calif. – January 31, 2012 – Teledyne Technologies Incorporated (NYSE: TDY) today announced that its Teledyne Oil & Gas group was awarded a three year global frame agreement with FMC Technologies, Inc. to supply a wide portfolio of interconnect and sensing products and services in support of FMC’s offshore oil & gas business. Interconnect products from Teledyne ODI and Teledyne D.G. O’Brien are included, as well as corrosion, erosion and sensing products from Teledyne Cormon. In addition, new products based on novel materials from Teledyne Scientific Company in Thousand Oaks, Calif. in the areas of high power and fiber optic technologies are part of the agreement. 

“We are pleased to have entered into this agreement with FMC,” said Robert Mehrabian, chairman, president, and chief executive officer of Teledyne Technologies. “It formalizes the long term relationships that we established in many of the FMC engineering locations across the globe, and it will facilitate the introduction of new technologies to the offshore oil industry from Teledyne Scientific.” 

Teledyne Technologies is a leading provider of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems. Teledyne Technologies’ operations are primarily located in the United States, Canada, the United Kingdom and Mexico. For more information, visit Teledyne Technologies’ website at www.teledyne.com.