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Press release from PR Newswire

Tellabs' stockholders elect three directors and vote on executive compensation

Wednesday, May 02, 2012

Tellabs' stockholders elect three directors and vote on executive compensation17:00 EDT Wednesday, May 02, 2012Tellabs declares regular dividend of 2 cents per shareNAPERVILLE, Ill., May 2, 2012 /PRNewswire/ -- At Tellabs' annual stockholders meeting today, stockholders:Re-elected current directors Bo Hedfors, Michael E. Lavin and Jan H. Suwinski. To view biographies of the Tellabs Board of Directors, please visit www.tellabs.com/about/bios/directors.shtml. Approved on an advisory basis named executive officer compensation. Ratified the appointment of Ernst & Young LLP as Tellabs' independent auditors for 2012. Tellabs also announced a quarterly dividend of 2 cents per share. The cash dividend is payable on May 25 to shareholders of record as of the close of business on May 11.About Tellabs ? Tellabs innovations advance the smart mobile Internet and help our customers succeed. That's why 80% of the top global communications service providers choose our mobile backhaul, packet optical and services solutions. We help them get ahead by adding revenue, reducing expenses and optimizing networks.Tellabs (Nasdaq: TLAB) is part of the NASDAQ Global Select Market, Ocean Tomo 300? Patent Index, the S&P MidCap 400 Index and several corporate responsibility indexes including the Maplecroft Climate Innovation Index, FTSE4Good and eight FTSE KLD indexes. www.tellabs.comTellabs® and Tellabs logo are trademarks of Tellabs or its affiliates in the United States and/or other countries. Any other company or product names mentioned herein may be trademarks of their respective companies.SOURCE TellabsFor further information: Media, George Stenitzer, +1-630-798-3800, george.stenitzer@tellabs.com, or Investors, Tom Scottino, +1-630-798-3602, tom.scottino@tellabs.com, both of Tellabs