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Article: Sorrento Networks Completes Capital Restructuring Plan.
- Article from:
- Business Wire
- Article date:
- June 5, 2003
CopyrightCOPYRIGHT 2003 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors/High-Tech Writers
SUPERCOMM 2003
SAN DIEGO--(BUSINESS WIRE)--June 5, 2003
Landmark Achievement Significantly Strengthens the Company's Balance
Sheet, Provides Financial Flexibility for Continued Growth, and
Satisfies Nasdaq Listing Requirements
Sorrento Networks Corporation (Nasdaq:FIBR), a leading supplier of intelligent optical networking solutions for metro and regional applications, today announced that it has completed the capital and corporate restructuring plan that was approved by shareholders on May 29, 2003.