CIENA Strengthens European Growth With Expansion of Telecom Developpement Relationship.Business Editors/Hi-Tech Writers LINTHICUM, Md.--(BUSINESS WIRE)--May 28, 2002 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. Leader Wins Six-Way Competitive Pitch To Answer French Long-Distance Service Provider's Core Switching Needs 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:CIEN CIEN Ciena Corporation (stock symbol) ), a global provider of intelligent optical networking systems and software, today announced that Telecom Developpement (TD), France's second largest network operator, has selected CoreDirector(TM) as the primary optical switch for its network. TD held a comprehensive evaluation of six vendors' products and determined that CoreDirector best met its specifications. TD will deploy CoreDirector switches from CIENA(R) to reduce its overall network operation costs and improve bandwidth utilization. This will give TD more flexibility within its network and allow new services such as ADSL See DSL. ADSL - Asymmetric Digital Subscriber Line and UMTS (Universal Mobile Telecommunications System) The GSM implementation of the 3G wireless phone system. Part of IMT-2000, UMTS provides service in the 2 GHz band and offers global roaming and personalized features. to be introduced faster. CIENA has been working with TD for the last four years. Since 1998, Telecom Developpement has grown exponentially, tripling its revenues and network traffic. TD's long-haul network spans more than 50 French cities and already uses CIENA's optical transport system, CoreStream(TM), to increase network capacity. This latest agreement takes TD's network one step further, by adding intelligent switching capabilities in Paris, with a further deployment scheduled for Lyon in 2003. "There's a lot of hype in the optical market, and you have to be careful that you invest in a product that is proven and not just blue-sky technology," said Denis Denis, king of Portugal: see Diniz. Manteau man·teau n. pl. man·teaus or man·teaux A loose cloak or mantle. [French, from Old French mantel; see mantle.] , vice-president of network and operations at Telecom Developpement. "We're a fast-moving, dynamic business, focused on delivering innovative services to our customers in the quickest, most flexible way possible. CIENA's combined technology leadership and the expertise of its team were significant contributing factors when it came to the decision on an optical switch." CoreDirector delivers a wide range of differentiable dif·fer·en·tia·ble adj. 1. That can be differentiated: differentiable species. 2. Mathematics Possessing a derivative. end-to-end optical capacity across the network and incorporates 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. of CIENA's software, which simplifies and enables automation as the network grows. "It's a great testament to CIENA that a company with Telecom Developpement's reputation continues to expand its association with us," said Rafael de Ory, managing director, EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. for CIENA. "Building long-term relationships with our clients and developing networks to guarantee optimum utilization is what CIENA is all about." ABOUT CIENA CIENA Corporation's market-leading intelligent 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 based on current expectations, forecasts and assumptions of CIENA (the Company) that involve risks and uncertainties. Forward-looking statements in this release, including Telecom Developpement's plans to deploy CoreDirector in its network, 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 May 23, 2002. 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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