CIENA Expands Presence in Brazil With New Office in Rio De Janeiro, Appoints Marcelo Schoueri De Abreu Director General for Brazilian Operations.Business Editors/Hi-Tech Writers RIO DE JANEIRO--(BUSINESS WIRE)--May 15, 2001 CIENA Corporation Ciena Corporation NASDAQ: CIEN develops and markets communications network platforms and software, and offers professional services. The Company's broadband access, data and optical networking platforms, software tools, and global network services support worldwide telecom (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 global leader in 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 it is expanding its commitment to the Brazilian market with the launch of a second office, which is located in Rio de Janeiro Rio de Janeiro, city, Brazil Rio de Janeiro (rē`ō də zhänā`rō, Port. rē`  thĭ zhənĕē`r . In addition, Marcelo Schoueri de Abreu has been appointed to the newly created position of Director General for CIENA's Brazilian operations. Mr. Abreu will be responsible for directing daily operations in Brazil, including the new Rio de Janeiro office as well as CIENA's existing operations based in Sao Paulo. He also will be charged with expanding CIENA's strategic business relationships with leading service providers in the region. Prior to joining CIENA, Mr. Abreu was most recently country and general manager of Tellabs in Brazil, overseeing the build-out of more than 17 different networks in the region. He also was general manager and owner of MA/Datacom Engenharia de Comunicacoes Ltda., a telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. consulting and engineering company. "The Latin American and the Brazilian market, in particular, are poised to benefit from CIENA's intelligent optical solutions, which have positioned us to lead the worldwide shift from legacy networks to cost-effective next-generation networks," said Arely Castellon, vice president and general manager of CIENA in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . "Marcelo's 25 years of industry experience will strengthen our presence in the area as well as provide sound guidance as we continue our global expansion." "CIENA's products clearly offer unique economic advantages to service providers by helping them manage capacity, switching, protection and provisioning through intelligence on the network," said Abreu. "I look forward helping the Brazilian telecommunications market transition to the new generation of networks and services as CIENA extends its leading-edge benefits to innovative service providers in this region." A Brazilian citizen, Mr. Abreu received a bachelor's degree in telecommunications engineering Telecommunications Engineers or Telecom Engineers come in a variety of different types from basic circuit designers to strategic mass developments. A Telecom Engineer is responsible for designing and overseeing the installation of telecommunications equipment and facilities, such from the Universidade Nuno Lisboa. CIENA's Rio de Janeiro office is located at Praia de Botafogo, 501 - 2(degree) Andar, Botafogo 22250-040. 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 the cost to operate it. 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 ability of CIENA's products to offer unique economic advantages to service providers by helping them manage capacity, switching, protection and provisioning through intelligence on the network, and the ability of CIENA to extend its leading-edge benefits to innovative service providers in the region, are based on information available to the Company as of the date hereof here·of adv. Of this. hereof Adverb Formal or law of or concerning this Adv. 1. hereof - of or concerning this; "the twigs hereof are physic" . 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 15, 2001. 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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