October 13, 2005 Fremont, CA -- Avanex announced its entry into a supply agreement with Alcatel, to be in effect from October 2005 through October 2007. The supply agreement calls for Avanex to continue to supply Alcatel with fiber-optic components, including active and passive components, optical amplifiers, and dispersion compensation modules and transponders, which are used in a variety of Alcatel's optical networking products.
"We believe this agreement is a very positive arrangement for both companies," comments Jo Major, president and CEO of Avanex. "We have always had a close working relationship with Alcatel, and we are committed to support them with important components for their metro, long haul, and submarine telecommunications system deployments."
According to a press release, the supply agreement is part of a series of transactions currently being negotiated between the two companies. Further information about the transactions will be available once the companies have entered into definitive agreements.