Bookham, Inc. News

Bookham Added to Russell 3000 Index

SAN JOSE, Calif., June 30 PRNewswire-FirstCall — Bookham, Inc., (Nasdaq: BKHM), a leading provider of optical components, modules and subsystems, announced that effective today it has joined the broad-market Russell 3000(R) Index, according to the final list of additions posted on http://www.russell.com. Bookham's addition to the broad market Russell 3000 Index, which remains in place for one year, also means automatic inclusion in the small-cap Russell 2000(R) Index.

"We are pleased that our shares are now included in the Russell 3000 Index. This achievement is a direct reflection of the progress we have made in improving our financial performance the past year. Looking forward, we continue to believe Bookham's continued growth and improvements will result in positive cash flow from operations before the end of this calendar year and profitable growth over the long-term," said Alain Couder, president and CEO of Bookham Inc. "Inclusion in this index should increase Bookham's visibility with investors, and potentially lead to a broader shareholder base during a period when we expect our overall business to expand."

The Russell 3000 Index measures the performance of the 3,000 largest U.S. companies based on total market capitalization, which represents about 98 percent of the investable U.S. equity market, according to Russell Investments. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. Approximately $4.4 trillion in assets currently are benchmarked to them.

About Bookham

Bookham, Inc. is a leading provider of high performance optical products, spanning from components to advanced subsystems. The company designs and manufactures a broad range of solutions tailored for the telecommunications optical infrastructure and selected markets, including industrial, life sciences, semiconductor, and scientific. The Company utilizes proprietary core technologies and a vertically integrated manufacturing organization to provide its customers with cost-effective and innovative devices, as well as flexible, scalable product delivery. Bookham is a global company, headquartered in San Jose, Calif., with leading edge chip fabrication facilities in the UK and Switzerland, and manufacturing sites in the USA and China.

Bookham and all other Bookham, Inc. product names and slogans are trademarks or registered trademarks of Bookham, Inc. in the USA or other countries.

Safe Harbor Statement

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," "should," "ongoing," 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 most recent annual report on Form 10-K and most recent quarterly report on Form 10-Q. These include continued demand for optical components, changes in inventory and product mix, no further degradation in the exchange rate of the United States dollar relative to U.K., China and Switzerland currencies, 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.

SOURCE Bookham, Inc.

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