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Highwave Optical Technologies

Highwave Optical Technologies in Acquisition Discussions

Lannion, France (ots/PRNewswire)

Highwave Optical Technologies
(Nouveau Marché, HGWO), a leading technology supplier of active fiber
based components and subsystems for the telecommunication Dense
Wavelength Division Multiplexing (DWDM) systems, fiber laser
industry, fiber optic sensors and defense markets, announces the
suspension of trading in its shares to update the market about recent
news.
The company announces current acquisition negotiations that aim to
develop its operations while reinforcing its cash position. The
management has no further details to provide at this stage but will
do so should discussions be finalized or aborted. In that regard, the
trading of Highwave shares will be suspended until such an
announcement in order to avoid excessive price volatility.
Furthermore, the company has no material development to announce
in terms of operations. The press releases dated 18 June 2004 and 26
July 2004 on the company's 2004 fiscal results and 2005 first quarter
sales are, in the opinion of the management, an accurate description
of the company's current status and perspectives.
The company reminds its shareholders that its annual shareholder
meeting will take place in its premises on Thursday 23 September at
3pm. This shareholder meeting will aim to receive shareholders'
approval on the company's fiscal year 2003-2004 accounts.
This press release may contain forward looking information based
on estimates and assumptions by management as well as information
available to management. These estimates and assumptions are subject
to risks and uncertainties capable of making the actual results of
the company differ substantially from the results presented
explicitly or implicitly in these forward looking statements. The
current release should not be viewed as offering any degree of
certainty to such forward looking statements.
About HighWave Optical Technologies
Highwave Optical Technologies is one of the leading suppliers of
active fibers and subsystems for Dense Wavelength Division
Multiplexing (DWDM) telecom systems, the optical laser fiber
industry, fiber optic sensors and defense markets. Since its creation
in 1998, the company has appeared in the telecommunications market as
one of the leading suppliers of optical amplifiers and components for
the largest manufacturers. The company is based in Lannion, France.
Since its listing on the market in June 2000, shares of Highwave
Optical Technologies have been traded on the Euronext Paris market
(HGWO). For more detailed information, please consult our Internet
site: www.highwave-tech.com

Contact:

Hubert Lévêque, CFO, Highwave Optical Technologies,
+33(0)2-96-04-27-08 Sylvain Boj, COO, Highwave Optical Technologies,
+33(0)2-96-04-20-00 sylvain.boj@highwave-tech.com

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  • 26.07.2004 – 07:32

    Highwave Optical Technologies Announces a 20% Increase in its First Quarter 2005 Revenues

    Lannion, France (ots/PRNewswire) - Highwave Optical Technologies (Nouveau Marché, HGWO), a leading technology supplier of active fiber based components and subsystems for the telecommunication Dense Wavelength Divisio n Multiplexing (DWDM) systems, fiber laser industry, fiber optic sensors and defense markets, announced today its revenue for its Q1 2005 fiscal ...