STLW Stratos Intl (MM)

CHICAGO, Dec 4. /PRNewswire-FirstCall/ -- Stratos International, Inc. (NASDAQ:STLW) announced that Institutional Shareholder Services has rated Stratos' Corporate Governance Quotient ("CGQ") Index at its highest possible levels. On December 1, 2006, ISS rated Stratos at 100.0% of all companies in ISS's CGQ Universe and 100.0% of the companies in ISS's technology hardware & equipment group. Andy Harris, Chief Executive Officer remarked, "Our management team is particularly pleased to have achieved our first quarter of positive net income since 2001 and seventh consecutive quarter of positive EBITDA. There is no coincidence that substantially improved operational performance has followed significant improvements in our corporate governance practices and processes at Stratos." Reg Barrett, Stratos' Board Chairman and Chairman of Stratos' Corporate Governance and Nomination Committee stated, "To the best of our knowledge, the 100.0% CGQ Index places Stratos at the top of our ISS technology hardware & equipment industry peer group. We believe only five companies are currently rated as a dual 100.0% in both the overall and industry indices of the over 5,500 public companies rated for corporate governance by ISS." Mr. Barrett added, "Shortly after the November 2003 merger between Sterling and Stratos, Newell Starks, our Vice Chairman, spearheaded a systematic program to improve our corporate governance practices starting with the formation of a Corporate Governance Committee of the Board of Directors. Continuous efforts were applied thereafter to improve our best practices in this important area of corporate governance. Throughout, our company has strived to be responsive to our customers', employees' and shareholders' expectations in a results-oriented business environment." Barry Hollingsworth, Chief Financial Officer commented, "I have observed and participated in remarkable progress at Stratos at many levels. Significant change always starts from the top. At Stratos, this meant from the Board on down. The highest CGQ Index Rankings obtainable from ISS reflect the significance of active Board engagement in responsible business oversight processes, which have rippled down to our management team engagement and substantial operational improvements, resulting in both bottom and top-line progress." ABOUT STRATOS INTERNATIONAL Stratos International, Inc. is a leading designer, developer and manufacturer of RF and Microwave, as well as optical subsystems, components and interconnect products used in telecom, enterprise, military and video markets. Stratos has a rich history of optical and mechanical packaging expertise and has been a pioneer in developing several optical devices using innovative form factors for telecom, datacom and harsh environments application. This expertise, coupled with several strategic acquisitions, has allowed Stratos to amass a broad range of products and build a strong IP portfolio of more than 100 patents. Stratos currently serves more than 1,300 active customers, who are primarily in telecom/datacom, military/aerospace and video markets. Stratos' headquarters is in Chicago, Illinois, USA. DATASOURCE: Stratos International, Inc. CONTACT: Barry Hollingsworth of Stratos International, Inc., +1-708-457-2379 Web site: http://www.stratoslightwave.com/

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