Tellabs Stockholders Elect Belgacom Leader to Board of Directors

Apr 26, 2001, 01:00 ET from Tellabs, Inc.

    LISLE, Ill., April 26 /PRNewswire/ -- Tellabs (Nasdaq:   TLAB) stockholders
 elected Belgacom President and CEO John J. Goossens to Tellabs' board of
 directors at the company's annual meeting. Also re-elected to the board were
 Tellabs chairman Michael J. Birck and Molex co-CEO and co-chairman Frederick
 A. Krehbiel, who were each elected to new, three-year terms.
     "One of our key growth strategies is to expand globally, and John Goossens
 brings a strong global perspective to our board," said Birck.  "John will help
 us see our business through the eyes of our global customers."
     More than 750 stockholders attended Tellabs' annual meeting where Birck
 and President and CEO Richard C. Notebaert highlighted 2000 financial results,
 Tellabs' 39th consecutive quarter of year over year revenue growth, and the
 company's growth strategies for the future.
     To extend its growth, Tellabs is focusing on three strategies:
     1. enhance the capabilities of core products,
     2. introduce new products, and
     3. expand globally.
 
     Stockholders also approved a new employee stock option plan.
 
     In 80 countries around the globe, Tellabs helps the world's leading
 communications service providers build tomorrow's converged networks of voice,
 data and video.  Tellabs employees design, build and service optical
 networking, broadband access and voice-quality enhancement equipment.  Today
 most telephone calls and Internet sessions in the United States flow through
 equipment from Tellabs (Nasdaq:   TLAB) ( http://www.tellabs.com ).
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X54054844
 
 

SOURCE Tellabs, Inc.
    LISLE, Ill., April 26 /PRNewswire/ -- Tellabs (Nasdaq:   TLAB) stockholders
 elected Belgacom President and CEO John J. Goossens to Tellabs' board of
 directors at the company's annual meeting. Also re-elected to the board were
 Tellabs chairman Michael J. Birck and Molex co-CEO and co-chairman Frederick
 A. Krehbiel, who were each elected to new, three-year terms.
     "One of our key growth strategies is to expand globally, and John Goossens
 brings a strong global perspective to our board," said Birck.  "John will help
 us see our business through the eyes of our global customers."
     More than 750 stockholders attended Tellabs' annual meeting where Birck
 and President and CEO Richard C. Notebaert highlighted 2000 financial results,
 Tellabs' 39th consecutive quarter of year over year revenue growth, and the
 company's growth strategies for the future.
     To extend its growth, Tellabs is focusing on three strategies:
     1. enhance the capabilities of core products,
     2. introduce new products, and
     3. expand globally.
 
     Stockholders also approved a new employee stock option plan.
 
     In 80 countries around the globe, Tellabs helps the world's leading
 communications service providers build tomorrow's converged networks of voice,
 data and video.  Tellabs employees design, build and service optical
 networking, broadband access and voice-quality enhancement equipment.  Today
 most telephone calls and Internet sessions in the United States flow through
 equipment from Tellabs (Nasdaq:   TLAB) ( http://www.tellabs.com ).
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X54054844
 
 SOURCE  Tellabs, Inc.