BT Chooses CIENA as a Strategic Partner for Its Next-Generation Network; CIENA's End-to-End Optical Portfolio to Form Foundation For Global Operator's Next-Generation Network.Business Editors/High-Tech Writers LINTHICUM, Md.--(BUSINESS WIRE)--May 1, 2003 CIENA(R) Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CIEN CIEN Ciena Corporation (stock symbol) ), a leading provider of intelligent optical networking Communications between computers, telephones and other electronic devices using light. An optical network is far more reliable and has far greater potential transmission capacity than networking in the electrical domain. See optical fiber. systems and software, today announced that BT plc has selected CIENA's LightWorks(TM) solutions portfolio as part of its new, next-generation network. The global three-year deal will place CIENA in the role of a strategic supplier of optical transport and switching equipment and network management software. Initial deployments are expected by the end of CIENA's fiscal 2003. The global contract specifies that BT Group, including BT Wholesale, BT Retail and BT Global Services, will have the ability to purchase CIENA's portfolio of products to enable greater automation of network operations, and faster provisioning of services for BT, thereby allowing BT to more efficiently deliver services to its global customer base. In addition, CIENA will provide the associated installation, support and services that have been customized to meet the aggressive timeline and specifications that BT requires. The distributed intelligence The placing of processing capability in terminals and other peripheral devices. Intelligent terminals handle screen layouts, data entry validation and other pre-processing steps. Intelligence placed into disk drives and other peripherals relieves the central computer from routine tasks. throughout CIENA's product-line, exemplified by CIENA's LightWorks OS(TM) Network Operating Software, will provide the automated and scalable infrastructure BT needs to serve new and existing customers, without the high operational costs traditionally associated with managing a static, manual infrastructure. By taking advantage of a "mesh-based" network core, BT will increase survivability sur·viv·a·ble adj. 1. Capable of surviving: survivable organisms in a hostile environment. 2. That can be survived: a survivable, but very serious, illness. for its core services The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. . "We look forward to partnering with BT, and are pleased that BT, one of the premier incumbent carriers See ILEC. in the world, has recognized the value our LightWorks architecture brings, as the company focuses on providing broadband data services to its customers," said Gary Smith Gary Smith may refer to:
Products that BT has included in the three-year global contract include CIENA's CoreDirector(R), CoreStream(TM), ONLINE Metro(TM), ONLINE Edge(TM) and MetroDirector K2(TM). Also, CIENA's ON-Center(R) Management system combines element, network and service management capabilities, along with simple point-and-click provisioning, and robust, carrier-class scalability and reliability, to help BT manage its network efficiently. ABOUT BT BT is one of the world's leading providers of telecommunications services In telecommunication, the term telecommunications service has the following meanings: 1. Any service provided by a telecommunication provider. 2. and one of the largest private sector companies in Europe. Its principal activities include local, long distance and international telecommunications services, internet and broadband services and IT solutions. In the UK, BT serves more than 28 million exchange lines as well as providing network services to other licensed operators. ABOUT CIENA CIENA Corporation's market-leading optical networking systems form the core for the new era of networks and services worldwide. CIENA's LightWorks(TM) architecture enables next-generation optical services and changes the fundamental economics of service-provider networks by simplifying the network and reducing operating costs operating costs npl → gastos mpl operacionales . Additional information about CIENA can be found at www.ciena.com. NOTE TO INVESTORS This press release contains certain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. based on current expectations, forecasts and assumptions of CIENA (the Company) that involve risks and uncertainties. Forward-looking statements in this release, including but not limited to the features and benefits of CIENA's products and BT's plans for deploying them, are based on information available to the Company as of the date hereof. The Company's actual results could differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with the Company's business, which include the risk factors disclosed in the Company's Report on Form 10-Q Form 10-Q See 10-Q. filed with the Securities and Exchange Commission on February 20, 2003. Forward looking statements include statements regarding the Company's expectations, beliefs, intentions or strategies regarding the future and can be identified by forward looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. The Company assumes no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. |
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