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Technology Stocks : APA OPTICS(APAT)-fiberoptic upstar

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To: Bhag Karamchandani who wrote (1)2/3/2000 2:30:00 PM
From: AmericanVoter   of 34
 
in the wires..."APA OPTICS, INC. ANNOUNCES SHIPMENT OF 50 GHZ DWDM PRODUCT TO SUPPLIER"

best regards
amein
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APA OPTICS, INC. ANNOUNCES SHIPMENT OF 50 GHZ DWDM PRODUCT TO SUPPLIER

RELATED SYMBOLS: (APAT)

MINNEAPOLIS, Feb 2, 2000 /PRNewswire via COMTEX/ -- APA Optics, Inc.
(Nasdaq: APAT) today introduced a new single-mode fiber dense
wavelength division multiplexing (DWDM) product that provides narrow
channel spacing, permitting greater utilization of a given wavelength
band. The Company reported that it is shipping the new
multiplexer/demultiplexer research unit to a major international
supplier of fiber optic networking systems. The product, featuring 50
gigahertz, or 0.4 nanometer, wavelength spacing, is currently available
in 8 and 16 channels.

"We are pleased to further broaden our complement of single-mode and
multi-mode components for the DWDM fiber optics industry," said Anil K.
Jain, president and chief executive officer of APA Optics. "I am
delighted to report that product performance equals that of our 100 GHz
single-mode product, with less than 5 decibels (dB) insertion loss and
more than 25 dB of adjacent channel isolation."

Jain said that this announcement, following the recent introduction of
a multi-mode DWDM product, emphasizes the fact that APA is one of a
very few companies supplying both single-mode and multi-mode MUX/DEMUX
components. Both single-mode and multi-mode are available with Add/Drop
capability. "We foresee strong futures for both of these technological
applications, given the differing needs they address," said Jain.

APA said that it is positioned to begin production of this new product
at once. "The new 50 GHz unit will be assembled using the same
production line as the 100 and 200 GHz single-mode and 200 GHz
multi-mode products," said Terry VanderWert, APA's business manager for
fiber optic products. "This means that we can offer timely delivery."

The Company's success in developing products with narrow wavelength
spacing while still maintaining high levels of product performance,
such as in low insertion loss, is attributed to the patented/patent
pending diffraction grating technology employed by APA. "This
technology is ideal for single-mode and multi-mode and well suited to
higher channel counts and narrow channel spacing," said VanderWert.

Forward-looking statements contained herein are made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform Act
of 1995. These statements are based upon the Company's current
expectations and judgments about future developments in the Company's
performance and may be affected by several factors, including, without
limitation, delays in or increased costs of production, delays in or
lower than anticipated sales of the Company's new products, and other
factors discussed from time to time in the Company's filings with the
Securities and Exchange Commission. Readers are cautioned not to place
undue reliance on forward-looking statements. The Company undertakes no
obligation to update such statements to reflect actual events.

APA Optics, Inc., based in Blaine, Minn., manufactures and markets
advanced products for the fiber optic communications, optoelectronics
and laser industries, including wavelength division multiplexing (WDM)
components, ultraviolet (UV) detectors, nitride epitaxial layers and
custom optics.

SOURCE APA Optics, Inc.
(C) 2000 PR Newswire. All rights reserved.
prnewswire.com
-0-
CONTACT: Roy Wallace of the Wallace Group, 651-452-9800, for APA Optics,
Inc., or Anil K. Jain of APA Optics, Inc., 612-784-4995
(APAT)


GEOGRAPHY: Minnesota

INDUSTRY CODE: CPR

SUBJECT CODE: PDT


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