Corning Obtains License to OFS Patent for Use of Low-Water-Peak Fiber in Full-Spectrum Transmission.Business Editors/High-Tech Writers CORNING, N.Y. & ATLANTA--(BUSINESS WIRE)--Feb. 2, 2004 Corning Incorporated (NYSE NYSE See: New York Stock Exchange : GLW GLW Glasgow Airport (UK) GLW Gross Laden Weight GLW Good Lady Wife (Australia) ) and OFS (OFS, Norcross, GA, www.ofsbrightwave.com) A manufacturer of optical fibers and interconnect equipment. Formerly the Optical Fiber Solutions (OFS) Group of Lucent, OFS was turned into a stand-alone company acquired by Furukawa Electric in 2001. today announced that Corning has obtained a license from OFS to offer optical fiber for use in wavelength-division multiplexing (WDM (1) (Wavelength Division Multiplexing) A technology that uses multiple lasers and transmits several wavelengths of light (lambdas) simultaneously over a single optical fiber. ) systems covered by OFS' U.S. Patent No. 6,205,268 and its foreign counterparts. This patent relates to the use of low-water-peak fibers, such as Corning(R) SMF-28e(R) fiber and OFS AllWave(R) fiber, in these particular systems. No other fiber manufacturer, foreign or domestic, has a license under this patent at this time. The full-spectrum capability of low-water-peak fibers allows system designers using either Corning or OFS fiber to engineer and deploy systems that leverage the E-band (1360-1460 nanometer) transmission window. Access to the E-band window increases usable capacity by 50% and allows for application of dense WDM (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 ) or coarse WDM (CWDM (Course WDM) An optical transmission method that is used for shorter distances than dense WDM (DWDM). Also known as "wide WDM," CWDM transmits fewer channels and uses wider spacing between the channels for distances up to 60 km. Wider spacing up to 25 nm, compared to 1. ) across the spectrum. Both the Corning and OFS fibers comply to ITU-T See ITU. ITU-T - International Telecommunications Union G.652.C/D standards, the industry's most stringent and comprehensive table of specifications for standard single-mode fiber. Carriers today recognize the increased network capability and opportunity for return on investment that comes with specifying to this high standard. "This agreement between leading fiber-optic companies further demonstrates the importance of low-water-peak fibers, which leverage the 1400 nanometer band, as the standard," said Paul Neuhart, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , OFS. According to Bob Brown, senior vice president and general manager, Corning Optical Fiber, "We firmly believe in the benefits of low-water-peak fibers, which provide more usable wavelengths and allow more information to be transmitted over the same number of fibers. Low water peak fiber provides service providers with the opportunity to build for current applications and to design for future upgrades of their systems." About OFS OFS is a designer, manufacturer, and supplier of leading edge optical fiber, optical fiber cable, optical connectivity and specialty photonics products for a wide variety of applications and industries. OFS, formerly the optical fiber solutions division of Lucent Technologies Inc. (NYSE: LU), has a proven track record of being first in the industry with application specific fibers, optical connectors, ribbon cables, erbium erbium (ûr`bēəm) [from Ytterby, a town in Sweden], metallic chemical element; symbol Er; at. no. 68; at. wt. 167.26; m.p. 1,529°C;; b.p. 2,863°C;; sp. gr. 9.05 at 25°C;; valence +3. doped fibers, Raman fiber lasers and more. OFS is committed to providing customers increased value by offering products that deliver lowest cost per bit network solutions, protecting investments through future flexible solutions. OFS distributes its optical fiber, optical fiber cable, optical connectivity and specialty photonics products directly to end users, as well as through valued distributors, external cable customers and equipment vendors. OFS is owned by Furukawa Electric, a multi-billion dollar global leader in optical communications and majority shareholder, and CommScope, Inc., a world leader in broadband coaxial cables and minority shareholder. Headquartered in Norcross, GA, OFS operates facilities in Avon, Connecticut; Carrollton, Georgia; Somerset, NJ; and Sturbridge, Massachusetts, as well as facilities in Denmark, Germany, and Russia. For more information visit www.ofsoptics.com. About Corning Incorporated Corning Incorporated (www.corning.com) is a diversified technology company that concentrates its efforts on high-impact growth opportunities. Corning combines its expertise in specialty glass, ceramic materials, polymers and the manipulation of the properties of light, with strong process and manufacturing capabilities to develop, engineer and commercialize significant innovative products for the telecommunications, flat panel display A thin display screen for computer and TV usage. The first flat panels appeared on laptop computers in the mid-1980s, and the LCD technology became the standard. Stand-alone LCD screens became available for desktop computers in the mid-1990s and exceeded sales of CRTs for the first time , environmental, semiconductor, and life sciences industries. Forward-Looking and Cautionary Statements This press release contains forward-looking statements that involve a variety of business risks and other uncertainties that could cause actual results to differ materially. These risks and uncertainties include the possibility of changes or fluctuations in global economic conditions; currency exchange rates; product demand and industry capacity; competitive products and pricing; availability and costs of critical components and materials; new product development and commercialization; order activity and demand from major customers; capital spending capital spending Spending for long-term assets such as factories, equipment, machinery, and buildings that permits the production of more goods and services in future years. by larger customers in the telecommunications industry and other business segments; the mix of sales between premium and non-premium products; possible disruption in commercial activities due to terrorist activity and armed conflict; inability to obtain financing and capital on commercially reasonable terms; acquisition and divestiture activities; the level of excess or obsolete inventory Obsolete Inventory Term that refers to inventory that is at the end of its product life cycle and has not seen any sales or usage for a set period of time usually determined by the industry. This type of inventory has to be written down and can cause large losses for a company. ; the ability to enforce patents; product and components performance issues; and litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. . These and other risk factors are identified in Corning's filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the day that they are made, and Corning undertakes no obligation to update them in light of new information or future events. |
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