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TELLABS AWARDED OPERATIONAL HEADQUARTER STATUS IN SINGAPORE

Lisle, Ill. 12/17/98 - Telecommunications equipment manufacturer Tellabs announced that Tellabs Singapore Pte Ltd is receiving its Operational Headquarter (OHQ) status from the Economic Development Board (EDB) of Singapore. This award is given in recognition of Tellabs' achievement in building Singapore as a regional information and services hub.

Jimmy Tan, vice president and general manager for the Asia-Pacific region; Jukka Harju, vice president and general manager of Tellabs Oy, and other Tellabs representatives will take part in a ceremony that includes the presentation of an OHQ certificate by the chairman of EDB, Philip Yeo.

"The OHQ award signifies a shared commitment between Tellabs and EDB to build Singapore as an information and services hub," said Tan. "This is an exciting milestone for Tellabs. Being closer to our customers allows us to focus on delivering solutions and services that meet customers' needs."

This effort encompasses the setting up of regional training center as well as Tellabs Singapore providing HQ support to its offices in the Asia Pacific region, covering the region from China to Australasia and India to Japan.

OHQ status is awarded to companies that provide support functions, including general management and administration; business planning and development; technical support services; marketing support services; marketing control and planning; training and personnel management, and corporate finance advisory services.

Tellabs designs, manufactures, markets and services voice and data transport and network access systems. The company's products are used worldwide by the providers of communications services. Tellabs stock is listed on the Nasdaq Stock Market (TLAB).

 

Tellabs Contact
Steve Bauer
(630) 512-8264
steve.bauer@tellabs.com

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