Stratos Lightwave Considers Sale

Stratos International engages CIBC as financial advisor in exploring strategic alternatives

May 20, 2004

1 Min Read

CHICAGO -- Stratos International, Inc. (Nasdaq: STLW - News), a leading provider of optoelectronic, fiber optic, and radio frequency (RF) and microwave subsystems and components, today announced that the Board of Directors has decided to explore various strategic alternatives for the Company to maximize shareholder value, including the possible sale of the Company. In connection with this process, the board has formed a committee of the Board of Directors and has retained CIBC World Markets Corp. as its exclusive financial advisor. There can be no assurance that a transaction will result involving Stratos International.

In the meantime, the Company expects to continue operations as usual by seeking new business, developing new products and working with customers to maintain a high level of customer service.

Stratos Lightwave Inc.

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