SOURCE: Bookham, Inc.

June 23, 2005 09:01 ET

Bookham Set to Join the New Russell Microcap Index

SAN JOSE, CA -- (MARKET WIRE) -- June 23, 2005 -- Bookham Inc., (NASDAQ: BKHM), a leading provider of optical components, modules and subsystems, today announced that it is scheduled to join the new Russell Microcap™ Index when the Russell Investment Group reconstitutes its family of U.S. indexes on June 24. Russell recently posted a preliminary membership list at www.russell.com/US/Indexes.

The Russell Microcap Index will comprise the smallest 1,000 securities in the small-cap Russell 2000® Index plus the next 1,000 companies, based on a ranking of all U.S. equities by market capitalization. This new index offers managers and other investors a comprehensive, unbiased barometer to compare their performance against the genuine microcap marketplace of stocks.

Russell indexes are widely used by investment managers and institutional investors for index funds as well as benchmarks for both passive and active investment strategies. More than $2.5 trillion in assets are currently benchmarked to these indexes. Investment managers who oversee these funds purchase shares of member stocks according to that company's weighting in the particular index.

About Bookham

Bookham, Inc. (NASDAQ: BKHM) is a global leader in the design, manufacture and marketing of optical components, modules and subsystems. The company's optical components, modules and subsystems are used in various applications and industries, including telecommunications, data communications, aerospace, industrial and military. Since 2002, the company has acquired the optical components businesses from Nortel Networks and Marconi, as well as Ignis Optics, Inc., the business of Cierra Photonics Inc., New Focus, Inc., and Onetta, Inc. The company has manufacturing facilities in the UK, US, China and Switzerland; and offices in the US, UK, Canada, China France and Italy; and employs approximately 2000 people worldwide. More information on Bookham, Inc. is available at www.bookham.com

Bookham is a registered trademark and all other Bookham product names and slogans are trademarks or registered trademarks of Bookham in the U.S.A. or other countries.

Any statements in this announcement about the future expectations, plans or prospects of Bookham, including statements containing the words "believe," "plan," "anticipate," "expect," "estimate," "will" and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including factors described in Bookham's 10-K and quarterly report on Form 10-Q for the quarter ended January 1, 2005. These include continued demand for optical components, transfer of test and assembly operations to China, no further degradation in the $/£ exchange rate and the continued ability of the Company to maintain requisite financial resources. The forward-looking statements included in this announcement represent Bookham's view as of the date of this release. Bookham anticipates that subsequent events and developments may cause Bookham's views to change. However, Bookham disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this document. Those forward-looking statements should not be relied upon as representing Bookham's views as of any date subsequent to the date of this announcement.

Contact Information

  • Contact:
    Jim Fanucchi
    Summit IR Group Inc.
    Tel: (408) 404-5400
    Email Contact