49°
Foggy
SUN
 75°
 47°
MON
 71°
 46°
TUE
 72°
 45°
WED
 75°
 44°
THU
 74°
 45°

JDSU's Santa Rosa unit sees sales grow 3%

JDSU's Santa Rosa-based optical division saw sales grow almost 3 percent to $58.3 million in the third quarter, driven by demand for its anti-counterfeiting technology, the company said Wednesday.

Revenue from the division's currency pigment business has increased more than 7 percent since last year, CEO Tom Waechter told Wall Street analysts.

The United States and more than 100 other countries use JDSU's color-shifting pigments to print their currencies. The technology is designed to make it simple to identify real currency and discourage counterfeiting.

JDSU said it is rolling out a new printing process with a magnetic feature that makes currency even harder for counterfeiters to duplicate.

JDSU's Santa Rosa division also develops authentication technology for the pharmaceutical industry, which faces a rising tide of phony drugs sold on the Internet.


© The Press Democrat |  Terms of Service |  Privacy Policy |  Jobs With Us |  RSS |  Advertising |  Sonoma Media Investments |  Place an Ad
Switch to our Mobile View