Bookham Technology Announces Third Quarter Results 2002


OXFORDSHIRE, U.K., Oct. 29, 2002 (PRIMEZONE) -- Bookham Technology plc (LSE:BHM) (Nasdaq:BKHM), a leading provider of integrated optical components and modules for fiber optic communication networks, today announced results for the third quarter ended September 29, 2002.

The company will be hosting a conference call to discuss this release onTuesday, October 29, 2002 at 1:30pm (BST), 2:30pm (CET), 8:30am (EST). Dial in numbers are as follows:


U.K./European participants +44 (0) 20 8240 8241
U.S. participants          +1 800 530 2462

A taped recording will be available approximately 1 hour after the call ends for 5 days. Dial in numbers are as follows:

U.K./European participants +44 (0) 20 8288 4459
                           (access code: 820772)

U.S. participants          +1 703 736 7336
                           (access code: 820772)

The recording will also be audio webcast on the company's website:www.bookham.com.

Bookham Technology (LSE:BHM) (Nasdaq:BKHM) designs, manufactures and markets integrated optical components and modules using high volume production methods. With three cost-disruptive technologies that offer intrinsic cost reduction: patented silicon-based ASOC, Gallium Arsenide and Indium Phosphide, the company provides end-to-end networking solutions that offer higher performance and greater systems capability to communications network system providers.

More information on Bookham Technology is available at www.bookham.com.

Bookham and ASOC are registered trademarks of Bookham Technology plc.

Statements made in this announcement include certain forward-looking statements that involve risks and uncertainties. Important factors that could cause actual results to differ from those indicated by such forward-looking statements include, among others, uncertainties relating to demand for the group's products, demand for optical components generally and overall future growth in the market for optical components, issues surrounding integration of the Optical Transmitter and Receiver and Optical Amplifier Businesses being acquired from Nortel Networks Corporation, uncertainties relating to the group's investment in, and reorganisation of, its manufacturing capacity, production equipment and personnel and related impact on profitability, quarterly variations in financial results, manufacturing capacity yields and inventory, intellectual property issues and other uncertainties that are discussed in the "Risk Factors" of the listing particulars of the Company section of Bookham's Listing Particulars dated October 7, 2002, which is on file with Companies House in England and Wales and with the United Kingdom Listing Authority and which has been submitted to Securities and Exchange Commission on October 9, 2002. Forward-looking statements represent the group's estimates as of the date made, and should not be relied upon as representing the group's estimates as of any subsequent date. While the group may elect to update forward-looking statements in the future, it disclaims any obligation to do so.

To view this release in its entirety, please click the link:http://reports.huginonline.com/879106/109489.pdf



            

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