Corvis Announces Industry-Leading 3.2 Terabits Per Second Optical Transport System; CorWave LR Offers Unprecedented Capacity and Reach To Address Service Providers' Backbone Needs.Business Editors ANAHEIM, Calif.--(BUSINESS WIRE)--March 19, 2001 Corvis 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 : CORV), the only company delivering intelligent all-optical networking solutions, today announced CorWave LR, the newest addition to its CorWave product family. The Corvis CorWave LR system delivers up to 3.2 terabits per second capacity, representing the industry's highest capacity transport system. The CorWave LR can be deployed in service providers' existing networks to meet the rapidly increasing demand for bandwidth and to provide a high capacity complement to service providers' all-optical network transport layers. CorWave LR is a dense-wavelength-division-multiplexing (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 ) transmission system that can transport up to 320 OC-192 (10 Gbps) wavelengths for up to 800 km or 160 OC-192 (10 Gbps) wavelengths in each direction for up to 2,000 km. The CorWave LR is an ideal DWDM solution to carry Internet, voice, data and video traffic between large population centers, such as between Paris and Frankfurt or Atlanta and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . "Corvis is building on its leadership position in 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. by offering the industry's highest capacity DWDM transport system," said Dr. David Huber, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Corvis. "With CorWave LR, Corvis enhances its comprehensive optical networking portfolio, which is dramatically changing the economic model for service providers." The CorWave LR integrates soliton A laser pulse that retains its shape in a fiber over long distances. By generating the pulse at a certain frequency and at a certain power level, the pulse takes advantage of competing dispersion effects. As it travels, the pulse is lengthened and then shortened back to its original size. transmission and Raman amplification Raman amplification (pronounced /rʌmɑn/) is based on the Stimulated Raman Scattering (SRS) phenomenon, when a lower frequency 'signal' photon induces the inelastic scattering of a higher-frequency 'pump' photon in an optical medium in the nonlinear regime. technologies to achieve industry-leading performance on all major fiber types, including SMF (1) (Standard Messaging Format) An electronic mail format for Novell's MHS messaging system. The application puts the data into this format in order to send an e-mail message. , LEAF(TM), LS(TM) and TrueWave(TM). A soliton is a special waveform that is capable of traversing very long distances. Raman amplification technology enables solitons to be amplified by a service provider's fiber during transmission through their network. As Internet traffic Internet traffic is the flow of data around the Internet. It includes web traffic, which is the amount of that data that is related to the World Wide Web, along with the traffic from other major uses of the Internet, such as electronic mail and peer-to-peer networks. continues to grow exponentially, service providers are under tremendous pressure to scale their networks. Corvis CorWave LR offers the highest spectral efficiency Spectral efficiency or spectrum efficiency refers to the amount of information that can be transmitted over a given bandwidth in a specific digital communication system. solution, using both the C- and L-bands, to provide high capacity transport over long distances without the use of electronic regeneration. By integrating soliton transmission and Raman amplification technology, Corvis provides significant cost advantages to service providers, while improving the economics and reliability of their networks. "Terabit capacity transport is critical for scaling backbone networks to meet the demand of broadband Internet See broadband. ," said Jean-Jacques Damlamian, executive vice president, France Telecom. "We see a need for cost-effective bandwidth to build the next generation Internet See Internet2. backbone." CorWave LR is the first product resulting from Corvis' acquisition of Algety Telecom, based in Lannion, France, which was completed in July, 2000. The product will be commercially available during the second half of 2001. The CorWave LR technology was used by Algety, prior to its acquisition, to demonstrate 40 Gbps (OC-768) capacity per wavelength transmission. "By providing 1.6 terabits in the C-band alone, with an additional 1.6 terabits in the L-band, Corvis' CorWave LR has two-to-four times the capacity of any optical transport product on the market today," said Chris Nicoll, vice president, Current Analysis. "Service providers need capacity and scalability, without having to rebuild their networks every 18 months. Optical transmission gear needs to have a 4-6 year life cycle, and Corvis is showing service providers how to do that, today." Comprehensive Multi-Terabit Product Family Corvis is making the promise of high performance, next generation optical networks a reality by delivering integrated all-optical switching and transport network solutions, the highest speed and capacity DWDM transport systems, and repeaterless terrestrial and undersea festoon festoon, sculptured or painted architectural or interior ornament consisting of a garland of leaves, flowers, or fruit, or some combination of these, held by ribbons or folds and draped at the ends. systems with integrated network A network that supports both data and voice and/or different networking protocols. See converged network and new public network. and service management. Corvis' CorWave product suite encompasses three main product lines targeted at making service providers more competitive across their backbone networks: - CorWave ON -- Integrated, scalable all-optical networking solutions, which include the Corvis Optical Network Gateway, Optical Amplifiers, Optical Add/Drop Multiplexers and All-Optical Switches. All these products are commercially available and have been deployed in the world's first all-optical network. - CorWave LR -- Ultra-high capacity DWDM transport systems offering 3.2 terabits per second transport in the C- and L- bands. CorWave LR integrates Raman and soliton technologies to provide industry-leading performance. - CorWave XL and CorWave XF -- Repeaterless terrestrial or undersea festoon links used to build, expand and link national and regional networks. CorWave XL and XF can transmit up to 800 gigabits per fiber for distances as long as 350 km, eliminating the use of in-line amplifiers. Corvis' optical networking solutions are designed to significantly reduce network costs, and enable network service providers to offer advanced wavelength services to their customers at dramatically lower costs. Service providers can leverage the benefits of optical networks to rapidly provision new services such as wavelength on demand, optical protection and restoration, and dynamic service level agreements. About Corvis Corvis Corporation is a leading provider of next generation optical services networks founded by Dr. David Huber, a pioneer in the field of optical communications Optical communications The transmission of speech, data, video, and other information by means of the visible and the infrared portion of the electromagnetic spectrum. . By deploying the industry's first all-optical network, Corvis has revolutionized the way communications traffic is moved in the new Internet-driven economy. Corvis products and services deliver all-optical network intelligence and mesh network capability providing telecom service providers with end-to-end backbone networking solutions that make them more competitive in the market. Corvis' next-generation products enable these carriers to offer their customers a vast array of advanced wavelength services that dramatically lower capital and operational costs, while generating increased revenue. For more information, call Corvis at 443-259-4000 or visit the Corvis web site at www.corvis.com. Corvis, CorWave and the Corvis logo are trademarks and/or service marks of the Corvis Corporation. All other trademarks are the property of their respective owners. Note: This announcement contains certain forward-looking statements that are subject to risks and uncertainties. Actual results could differ materially from those currently anticipated as a result of a number of factors, including, but not limited to, the risks and uncertainties discussed under "Risk Factors" and "Management's Discussion and Analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial of Financial Condition and Results of Operations" in the Company's filings with the Securities and Exchange Commission. |
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