Alcatel, Laser 2000 Enter Accord

PARIS -- Alcatel Optronics (Paris: CGO; NASDAQ: ALAO), a world leading supplier of opto-electronic components for telecommunication networks, and Laser 2000, a specialist distributor of components and instrumentation for telecommunication networks, have signed an agreement to develop the distribution of leading-edge optical modules and sub-systems in Europe. Through this partnership, Alcatel Optronics will be able to extend its services to clients on a localized basis thanks to the presence of Laser 2000 in several European countries: Belgium, France, Germany, Holland, Sweden, Switzerland, the UK, and shortly, Italy. In parallel, this agreement will allow Laser 2000 to enrich its product catalogue with cutting-edge opto-electronic components for optical telecommunication networks.

"We intend to develop a long-term partnership with Laser 2000", announced Philippe Brégi, CEO of Alcatel Optronics. "With this agreement, we are establishing a localized network for our European clients as there is significant geographical complementarity between Laser 2000 and our own sales teams. The clear target is to expand our client portfolio by harnessing Laser 2000's unique sphere of influence for the distribution of opto-electronic components."

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