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OPTELECOM TO INCORPORATE CORNING OPTICAL FIBER IN GYROSCOPE COILS

 GAITHERSBURG, Md., Feb. 16 /PRNewswire/ -- Optelecom, Inc. (NASDAQ: OPTC), and Corning Incorporated (NYSE: GLW) have announced an agreement covering the development of Optelecom's fiber-optic gyroscope coils incorporating Corning specialty fiber. Under the agreement, Corning will provide both technical and marketing support for Optelecom's fiber-optic components.
 According to Michael K. Reunert, marketing supervisor for Corning's Industrial/Government Fiber and Components Group (I/GF&C), the agreement combines Corning's marketing and technical expertise with Optelecom's ability to bring technologically innovative products to market cost-effectively.
 "This agreement will enhance Corning's and Optelecom's ability to provide customers with a broad range of products for fiber-optic gyroscopes," said Reunert.
 "Corning's technical and marketing assets will significantly strengthen our position as the leading supplier of fiber-optic coils to the expanding fiber-optic gyroscope industry," said Dr. William Culver, Optelecom's chairman. "We anticipate that the fiber-optic gyro, with no moving parts, will replace convention gyros in navigation and other systems requiring orientation and rotation sensing," added Culver.
 Corning has been a world leader in optical fiber for more than 20 years, and is expanding that leadership with its family of Corning component products. With its state-of-the-art optical fiber manufacturing facility in Wilmington, N.C., and its coupler manufacturing facilities in France and in the United States, Corning today is among the world's largest producers of optical fiber and components.
 Founded in 1972, Optelecom, Incorporated, offers high-quality optical communication products for telecommunications, audio and data applications, and remote vehicle links. The complete product line includes a wide variety of electro-optic components and systems. Located near Washington, Optelecom is active in both commercial and military markets.
 -0- 2/16/93
 /CONTACT: Dr. William H. Culver, chairman, or Edmund D. Ludwig, president and CEO, Optelecom, 301-840-2121/
 (OPTC GLW)


CO: Optelecom, Inc.; Corning Incorporated ST: Maryland IN: CPR SU:

DC -- DC009 -- 6830 02/16/93 13:30 EST
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Date:Feb 16, 1993
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