EXFO Electro-Optical Engineering Inc.
TSX : EXF.SV
NASDAQ : EXFO

EXFO Electro-Optical Engineering Inc.

October 21, 2005 16:21 ET

EXFO: Erratum in Selected Financial Information

QUEBEC CITY, CANADA--(CCNMatthews - Oct. 21, 2005) - The dollar amounts in the Selected Financial Information table that was part of EXFO's press release for fiscal 2005 on Thursday should have been in thousands of US dollars, not in millions of US dollars.

The corrected table appears below.



Selected Financial Information
(In thousands of US dollars)

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Segmented results: Q4 2005 Q3 2005 Q4 2004 FY 2005 FY 2004
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(unaudited)(unaudited)(unaudited)
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Sales:
Telecom Division $21,174 $22,046 $16,776 $80,120 $58,882
Photonics & Life
Sciences Division 5,130 4,134 4,556 17,096 15,748
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Total $26,304 $26,180 $21,332 $97,216 $74,630
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Operating earnings
(loss):
Telecom Division $523 $645 $59 $763 $(5,557)
Photonics & Life
Sciences Division 288 (136) (2,111) (962) (5,013)
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Total $811 $509 $(2,052) $(199)$(10,570)
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Other selected
information:
GAAP net earnings
(loss) $454 $276 $(2,343) $(1,634) $(8,424)
Amortization of
intangible assets $1,198 $1,191 $1,243 $4,836 $5,080
Stock-based
compensation costs $288 $294 $160 $963 $449
Impairment of
long-lived assets $- $- $620 $- $620
Restructuring and
other charges $- $38 $1,729 $292 $1,729
Unusual tax recovery $- $- $- $- $(1,406)
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About EXFO

EXFO is a recognized test and measurement expert in the global telecommunications industry through the design and manufacture of advanced and innovative solutions as well as best-in-class customer support. The Telecom Division, which represents the company's main business activity, offers fully integrated and complete test solutions to network service providers, system vendors and component manufacturers in approximately 70 countries. One of EXFO's strongest competitive advantages is its PC/Windows-based modular platforms that host a wide range of tests across optical, physical, data and network layers, while maximizing technology reuse across several market segments. The Photonics and Life Sciences Division mainly leverages core telecom technologies to offer value-added solutions in the life sciences and high-precision assembly sectors. For more information about EXFO, visit www.exfo.com.

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