of developing, manufacturing, and marketing single-mode and multimode optical fiber and optical fiber preforms for the telecommunications and data communications industry. Preforms are the basic component from which optical fiber is drawn and subsequently cabled by our customers. The Company's principal operating units are FiberCore Jena A.G. ("FCJ"), the Company's wholly owned subsidiary in Germany and Xtal FiberCore Brasil S.A. ("Xtal"), the Company's 90% owned subsidiary in Campinas, Brazil, which was acquired in June 2000.