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EXHIBIT 99.2
PRESS RELEASE
FOR IMMEDIATE RELEASE
DEPOSITION SCIENCES APPOINTS KUMAR KHAJURIVALA
TO DIRECTOR OF PRODUCT DEVELOPMENT.
CLEVELAND, OHIO, JUNE 5, 2000--ADVANCED LIGHTING TECHNOLOGIES, INC. (NASDAQ:
ADLT) announced today that its Deposition Sciences subsidiary has appointed
Kumar Khajurivala, former Vice President of Operations for Precision Optics
Corporation, Inc. (POCI) of Boston, Massachusetts, to Director of Product
Development.
Mr. Khajurivala has had a 24-year career of outstanding accomplishments in thin
film optical filter design, process development and manufacturing. His expertise
includes the design and development of 100 GHz band pass filters, and the
design, development and manufacturing scale-up for several other WDM and DWDM
components, including 200 GHz band pass filters. A major portion of his career
was spent with POCI in R & D and operations management. Immediately prior to
joining DSI, Mr. Khajurivala was POCI's Vice President of Operations.
An expert in narrow band pass optical thin film filter design, development, and
manufacturing, Mr. Khajurivala has advanced degrees in Solid State Physics and
Optical Engineering.
Mr. Khajurivala, commenting on his appointment, stated, "I am excited about
DSI's diverse base of sophisticated optical coatings technology, and I look
forward to joining its great team of experienced professionals. We are not only
seeking to break through the 200 GHz band pass filter threshold but, more
importantly, with the DSI team, develop MicroDyn as the leadership coating
technology in the telecommunications industry."
In addition to Mr. Khajurivala, DSI's technical management team includes Dr.
Norm Boling (Vice President of R & D, former technical executive at OCLI), Dr.
Eric Krisl (Vice President of Corporate Engineering, former technical manager at
OCLI), Dennis Kitchens (Sr. Programs Manager, former technical manager at OCLI
and Coherent), Dr. Bob Gray (Deposition Equipment Group Manager, former
technical manager at OCLI), Dr. Don Rogers (Telecom Group Manager, former VP R &
D Conductimer), and Dr. Mark George (CVD Technology Manager, former principal
research engineer at Air Products and Chemicals, Inc.).
DSI, a wholly owned subsidiary of Advanced Lighting Technologies, Inc., is an
advanced thin film coating company with a Telecommunications Business Unit in
Santa Rosa, California. Current products include WDM filters, highly reflective
films for DWDM applications, and optical fiber assemblies and micro-optics that
reduce insertion losses in
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DWDM, metro, and optical switching systems. DSI's patented and proprietary
coating equipment, advanced thin film processes, and measurement capabilities
are used in many of these products and systems.
Except for historical information contained herein, the matters discussed in
this news release are forward-looking statements that involve risks and
uncertainties, including the timely development and market acceptance of new
products, the timely and successful implementation of cost reduction and cash
flow initiatives, the impact of the initiatives on relationships with customers,
suppliers, and employees, the ability to provide adequate incentives to retain
and attract key employees, the integration of acquired operations, the impact of
competitive products and pricing, and other risks detailed from time to time in
ADLT's EDGAR filings with the Securities and Exchange Commission. In particular,
see "Risk Factors" in the Company's Form 10-K/A 3 for the fiscal year ended June
30, 1999. The Company's actual results could differ materially from those
anticipated in these forward-looking statements.
Advanced Lighting Technologies, Inc. is an innovation-driven designer,
manufacturer, and marketer of metal halide lighting products, including
materials, system components, systems, and production equipment with operations
and affiliates in North America, Europe, the Pacific Rim and Australia.
For further information, contact:
MaryAnne Carse
Investor Relations
Advanced Lighting Technologies, Inc.
440/836-7012
[email protected]