Ciena Announces AT&T Decision re 40 Channel Testing.LINTHICUM, Md.--(BUSINESS WIRE)--Aug. 21, 1998--CIENA 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) ) today announced that it had been informed this morning by AT&T that AT&T will not pursue further evaluation of CIENA's DWDM (Dense WDM) The term given to wavelength division multiplexing (WDM) when significantly more channels were being added. Since WDM is increasingly more "dense" all the time, both terms are used synonymously. See WDM. DWDM - wavelength division multiplexing systems. In view of the timing of AT&T's decision, CIENA will adjourn adjourn v. the final closing of a meeting, such as a convention, a meeting of the board of directors, or any official gathering. It should not be confused with a recess, meaning the meeting will break and then continue at a later time. (See: recess, session) its pending stockholder meeting, scheduled for today, at which stockholders are to vote on the proposed merger with Tellabs Inc. The stockholder meeting will be reconvened on Wednesday, September 9 at 11:00 a.m. Eastern time, at the Company's Linthicum offices. The Company indicated it would have further comment soon, but wanted to disseminate news of the decision promptly.
CONTACT: CIENA
Investor Relations:
Suzanne DuLong, (888) 243-6223
e-mail: ir@ciena.com
or
Press contact:
Denny Bilter, (800) 921-1144
e-mail: dbilter@ciena.com
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