QUEBEC CITY,
Nov. 20, 2012 /CNW Telbec/ - EXFO
Inc. (NASDAQ: EXFO) (TSX: EXF) announced today that Susan Spradley has resigned from EXFO's Board of
Directors for personal reasons.
Ms. Spradley had been a member of EXFO's Board
since October 2011.
About EXFO
Listed on the NASDAQ and TSX stock exchanges, EXFO is among the
leading providers of next-generation test and service assurance
solutions for wireline and wireless network operators and equipment
manufacturers in the global telecommunications industry. The
company offers innovative solutions for the development,
installation, management and maintenance of converged, IP fixed and
mobile networks—from the core to the edge. Key technologies
supported include 3G, 4G/LTE, IMS, Ethernet, OTN, FTTx, VDSL2,
ADSL2+ and various optical technologies accounting for an estimated
35% of the portable fiber-optic test market. EXFO has a staff of
approximately 1700 people in 25 countries, supporting more than
2000 telecom customers worldwide. For more information, visit
www.EXFO.com.
Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of the U.S. Private Securities Litigation Reform Act of
1995, and we intend that such forward-looking statements be subject
to the safe harbors created thereby. Forward-looking statements are
statements other than historical information or statements
of current condition. Words such as may, will, expect,
believe, anticipate, intend, could, estimate, continue,
or the negative or comparable terminology are intended to
identify forward-looking statements. In addition,
any statements that refer to expectations, projections or
other characterizations of future events and circumstances are
considered forward-looking statements. They are not guarantees of
future performance and involve risks and uncertainties. Actual
results may differ materially from those in forward-looking
statements due to various factors including macro-economic
uncertainty and/or recession (including our ability to quickly
adapt cost structures with anticipated levels of business and our
ability to manage inventory levels with market demand); capital
spending and network deployment levels in the telecommunications
industry; future economic, competitive, financial and market
conditions; limited visibility with regards to customer orders and
the timing of such orders; fluctuating exchange rates;
consolidation in the global telecommunications test and
service assurance industry and increased competition among vendors;
concentration of sales; timely release and market acceptance of our
new products and other upcoming products; our ability to
successfully integrate our acquired and to-be-acquired businesses;
our ability to successfully expand international operations; and
the retention of key technical and management personnel.
Assumptions relating to the foregoing involve judgments
and risks, all of which are difficult or impossible to predict and
many of which are beyond our control. Other risk factors that may
affect our future performance and operations are detailed
in our Annual Report, on Form 20-F, and our other filings
with the U.S. Securities and Exchange Commission and the
Canadian securities commissions. We believe that the expectations
reflected in the forward-looking statements are reasonable based on
information currently available to us, but we cannot assure you
that the expectations will prove to have been correct.
Accordingly, you should not place undue reliance on these
forward-looking statements. These statements speak only as of the
date of this document. Unless required
by law or applicable regulations, we undertake no
obligation to revise or update any of them to reflect events
or circumstances that occur after the date
of this document.
SOURCE EXFO INC.