Tellabs Acquires Vinci Systems

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Temp.Lat.Amer B	LSE:TLAB	London	Ordinary Share	GB0030913809	ORD 25P 'B' RIGHTS

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Temp.Lat.Amer B

LSE:TLAB

London

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GB0030913809

ORD 25P 'B' RIGHTS

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Tellabs Acquires Vinci Systems

30/12/2004 4:45pm

PR Newswire (US)

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Tellabs Acquires Vinci Systems NAPERVILLE, Ill., Dec. 30 /PRNewswire-FirstCall/ -- Tellabs today acquired Vinci Systems, a privately held developer of optical networking terminals (ONTs) for Fiber-to-the-Home (FTTH) access systems. Under the terms of the agreement, Tellabs will pay up to $52.5 million in cash and restricted Tellabs stock. The move brings Tellabs a family of third-generation ONTs that complements the Tellabs FiberDirect(SM) solution. Vinci Systems, a start-up based in Vienna, Va., was founded in 2002 and has demonstrated interoperability of its ONT products with the industry's leading Optical Line Terminal (OLT) vendors. "This acquisition further illustrates our commitment to expanding into the growing FTTx market," said Carl DeWilde, executive vice president of access products at Tellabs. "Vinci's ONT technology enables us to deliver a more cost-effective fiber access solution." About Tellabs Tellabs delivers technology that transforms the way the world communicates(TM). Tellabs experts design, develop, deploy and support wireless and wired network solutions. The company's comprehensive broadband portfolio enables carriers in more than 100 countries to succeed in the new competitive environment. Tellabs is part of the NASDAQ-100 Index. http://www.tellabs.com/ . Tellabs(R) and Tellabs logo(R) and Technology that Transforms the Way the World Communicates(TM) are trademarks or registered trademarks of Tellabs or its affiliates in the United States and/or other countries. Any other company or product names mentioned herein may be trademarks of their respective companies. DATASOURCE: Tellabs CONTACT: Media, Ariana Nikitas, +1-630-798-2532, , or Investor, Tom Scottino, +1-630-798-3602, , both of Tellabs Web site: http://www.tellabs.com/

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