11.13.2001
Move into optical components paying off

• Reports suggest that Ericsson and Alcatel are planning to directly order through Ritek for optical components like DWDM and transceivers. This strategy will ultimately lower costs, bypassing the middleman. Ritek has already shipped transceiver samples to Ericsson. Meanwhile, its optical component sector is still very much in the developmental stage with the company planning to continue aggressive investment for the division into 2002. We believe this is a good long-term strategy for the company.