Ciena Selected for BT's 21st Century Network.LINTHICUM, Md. -- 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) ), the network specialist, today announced that BT has selected Ciena as a preferred supplier to support its 21st Century Network (21CN), a five-year project to transform BT's business and enable the cost-effective delivery of next-generation converged, multimedia communications across a single multiservice network. BT has announced it expects to conclude contractual agreements with named preferred suppliers over the summer. BT plans to deploy Ciena's technology as it migrates services from the existing UK public switched telephone network (PSTN (Public Switched Telephone Network) The worldwide voice telephone network. Once only an analog system, the heart of most telephone networks today is all digital. In the U.S. ) to a single, multiservice internet protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. (IP)-based network. Under the multi-year agreement, BT plans to deploy Ciena's optical switching and transmission and Ethernet transport platforms to enable network convergence and accelerate service delivery. Designed to reduce network complexity and the costs associated with service fulfillment ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. , Ciena's platforms will help enable a network architecture for BT designed with significantly fewer network elements. "The 21CN project exemplifies BT's commitment to innovation and its dedication to going above and beyond for the benefit of its customers," said Gary Smith Gary Smith may refer to:
Smith continued, "We believe BT selected Ciena for its technology leadership, demonstrated performance in building large, adaptive carrier-class networks, and commitment to delivering vendor-interoperable solutions, while enabling the convergence of an IP network via an optical backbone. Ciena's platforms also provide BT an unsurpassed level of network flexibility to enable a practical, seamless migration from TDM (Time Division Multiplexing) A technology that transmits multiple signals simultaneously over a single transmission path. Each lower-speed signal is time sliced into one high-speed transmission. to IP." BT's 21CN, a global IP infrastructure that carries voice, data and Internet services on a single network, aims to enable BT customers to access any communications service from any device, anywhere at broadband speed. The 21CN will deliver more choice, control and accessibility, as well as increased flexibility, reliability and security for BT's business and residential customers. Today's announcement from BT on the 21CN preferred suppliers is available at www.bt.com/newscentre. BT enquiries to BT Group Newsroom 24-hour number: 020 7356 5369. From outside the UK dial + 44 20 7356 5369. ABOUT CIENA 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 is the network specialist, focused on expanding the possibilities for its customers' networks while reducing their cost of ownership. The company's systems, software and services target and cure specific network pain points so that telcos, cable operators, governments and enterprises can best exploit the new applications that are driving their businesses forward. For more information, visit 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 that involve risks and uncertainties. These statements are based on information available to the Company as of the date hereof; and Ciena's actual results could differ materially from those stated or implied, due to risks and uncertainties associated with its business, which include the risk factors disclosed in its Report on Form 10-Q Form 10-Q See 10-Q. , which Ciena filed with the Securities and Exchange Commission on March 3, 2005. Forward-looking statements include statements regarding Ciena'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. Ciena 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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