Martinsried/Munich, Germany; Mahwah/New Jersey, USA. September 7, 2005. JDS Uniphase sold 4,269,617 or 50% of the shares in ADVA it had owned before, in order to optimize its general investment portfolio. The shares were offered in a private placement to institutional investors by JPMorgan by way of an accelerated bookbuilding procedure earlier today. The offering was multiple times oversubscribed by an international group of high quality institutional investors. The price per share amounted to EUR 5.70 per share. The disposition of half of JDS Uniphase's stake in ADVA lifts free float from 51% to approx. 64%.
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ABOUT ADVA OPTICAL NETWORKING
ADVA Optical Networking (FSE: ADV) is a leading global provider of Optical+Ethernet networking solutions for rapid and cost-effective provisioning of high-speed data, storage, voice and video services in the metropolitan area. Leveraging core competencies in Optical+Ethernet technologies together with expertise in enterprise applications, ADVA focuses on delivering end-to-end solutions from enterprise sites to carrier regional infrastructure. ADVA's carrier-class Fiber Service Platform (FSP) portfolio is explicitly designed to enhance services, simplify networks and reduce the total cost of ownership. ADVA's solutions have been deployed at over 100 carriers and several thousand enterprises worldwide. For further information about ADVA: www.advaoptical.com.
NO OFFER OF SECURITIES FOR SALE IN THE UNITED STATES
This announcement is not being issued in the United States of America and should not be distributed to United States persons or publications with a general circulation in the United States. This announcement does not constitute an offer of securities for sale in the United States. The securities offered have not been registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be sold in the United States absent registration or an exemption from registration under the Securities Act.
Published by:
ADVA AG Optical Networking, Martinsried/Munich and Meiningen, Germany
ADVA Optical Networking Inc., Mahwah/New Jersey, USA
ADVA Optical Networking Corp., Tokyo, Japan
FOR INVESTORS:
Wolfgang Guessgen
t +49(0)89 89 0665 -240 (Europe)
t +1 201 258 8300 (U.S.)
t +81 3 5408 5891 (Asia)
FOR PRESS:
Christine Keck
t +49(0)89 89 0665 -0 (Europe)
t +1 201 258 8293 (U.S.)
t +81 3 5408 5891 (Asia)
