Optical Cable Corporation (Nasdaq: OCCF) announced a record order input of $10.2 million for March, surpassing record highs achieved in late 2000. March 2001 order input increased by 70 percent from March 2000.
March's strong order flow brings Optical Cable's trailing 12-month order input to $87.4 million, exceeding the Company's fiscal 2001 target of $86 million in orders. Historically, 100 percent of order input is realized in sales.
Included in the March totals was a $3.1 million blanket order from China. Other large orders received in March included blanket orders of approximately $1.8 million from Canada to a large independent telecommunications company. The company plans to use the product for interconnectivity with high bandwidth datacom and telecommunication applications. The company chose Optical Cable's indoor/outdoor "D" series distribution cable to speed installation time and reduce costs.
Also contributing to the strong March results were a number of smaller telecommunications fiber optic cable orders including a $300,000 order from a multi-line retailer in the United States to be used in point of sale applications; $180,000 million for messenger cable in South America; and $97,000 in stocking orders from Taiwan.
About Optical Cable Corporation:
Optical Cable Corporation manufactures and markets a broad range of fiber optic cables for "high bandwidth" transmission of data, video, and audio communications over moderate distances. Optical Cable Corporation's cables can be used both indoors and outdoors and utilize a tight-buffer coating process that protects the optical fiber. For more information, visit www.occfiber.com.