White Electronic Designs receives order for fiber optic networking products

White Electronic Designs Corporation announced that it has received an order valued at $4 million from an undisclosed data communications company.

White Electronic Designs Corporation (Nasdaq: WEDC) announced that it has received an order valued at $4 million from an undisclosed data communications company. The order is for development and pre-production quantities of three MCP (Multi-chip Package) memory solutions, which will be used in fiber-optic-based network systems. Pre-production quantities are deliverable within the next 12 months. Production quantities will begin early in 2002, with a projected annual value in excess of $15 million. Production orders are pending successful qualification of the modules at the system level.

Driven by the demand for bandwidth, next-generation optical networking products promise to break the bottleneck associated with today's traditional networking architectures. These new systems will allow integrating high-speed data, voice, video, and entertainment services across fiber optics.

White Electronic Designs Corporation supplies the wired and wireless communications industry with semiconductor products that support network systems, switches, base stations, and other hardware platforms. The Company designs and manufactures innovative solutions for three high technology sectors in military and commercial markets: high-density memory products and multi-chip modules for data communications and telecommunications providers; high-legibility flat panel display for commercial/military aircraft and ordnance delivery systems; interface storage and retrieval devices, and electromechanical assemblies for OEM's in commercial and military markets.

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