Corvis Announces Successful Completion of Field Trial of All-Optical Networking Products with Williams Communications.Business Editors/Hi-Tech Writers COLUMBIA, Md.--(BUSINESS WIRE)--Jan. 16, 2001 Williams Begins Commercial Deployment of Pioneering Optical Networking Products to Deliver Flexible, High Capacity Services with Fast Provisioning Capabilities Corvis Corporation (Nasdaq:CORV), a leader in delivering intelligent all-optical networking solutions, today announced that Williams Communications (NYSE NYSE See: New York Stock Exchange :WCG WCG World Cyber Games WCG Worldwide Church of God WCG World Community Grid WCG Wellington Caving Group (caving club in New Zealand) WCG Washington Calligraphers Guild WCG West Coast Grocery ) has successfully completed its field trial of Corvis' all-optical networking products. Corvis will begin delivering these high-capacity products during the first quarter of 2001 for commercial deployment in Williams' nationwide network. Williams and Corvis have extended their contract from the previous two-year, $200 million agreement to a multi-year, $300 million agreement. "This announcement further demonstrates Corvis' leadership position in delivering all-optical networking solutions and demonstrates our commitment to helping our customers reduce network costs and increase revenue velocity," 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. "It also illustrates Williams' role as an industry leader in innovative network design and services. Over the past year, Williams took an active role in working with Corvis on the development of leading-edge, 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. solutions." Williams Communications, a leading international provider of telecommunications services and products for the carrier marketplace, will be using the Corvis products in its high capacity optical network to support the explosive growth of voice, data and video traffic driven by the Internet economy The Internet Economy refers to conducting business through markets whose infrastructure is based on the Internet and World-Wide Web. An Internet economy differs from a traditional economy in a number of ways, including: communication, market segmentation, distribution costs, and price. . "Williams is committed to offering unprecedented service quality and value to its customers, and the build-out of our high capacity optical network exemplifies that commitment," said Jeff Storey, Senior Vice President and Chief Operations Officer for Network at Williams Communications. "By using Corvis technology, we'll be able to scale our network efficiently and cost effectively to maintain our competitive edge and give our customers optimal service." Williams Communications tested Corvis' all-optical networking products along a portion of the Williams Multi-Service Broadband Network(TM) from Dallas through Atlanta to 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 . Data was effectively transmitted on multiple wavelengths in excess of 3,200 kilometers without electrical regeneration. These results mark up to an eight-fold increase over distances achieved using current technologies that require regeneration every 400-600 kilometers. "Corvis worked closely with Williams to tailor their products for deployment in the Williams Multi-Service Broadband Network," said Chris Hamilton Chris Hamilton (born 21 November, 1987 in Glasgow, Scotland) is a Scottish footballer who currently plays as a striker for Dumbarton in the Scottish Second Division. External links
Corvis' all-optical networking solution enables 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 and features such as optical bypass for terabit 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) networks, wavelength on demand, optical protection and restoration and dynamic service level agreements. The amendment to the contract has been filed with the SEC. About Corvis Corvis Corporation is a leading provider of all-optical 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. . The company is revolutionizing the way communications traffic is moved in the new Internet-driven economy by deploying the industry's first all-optical network providing integrated all-optical switching, ultra-long distance transport and network management. Corvis products and services deliver all-optical network intelligence and mesh network A communications network in which there are at least two pathways to each node. If one of the paths fails, the other is still available. A "fully meshed" network means that every node has a direct connection to every other node, which is a very elaborate and expensive architecture. capability. This allows communication service providers to realize a significant gain in network capacity using existing fiber in the field and to improve their competitiveness by delivering new and existing services and applications more rapidly, while saving up to 80% in the overall capital and operational cost of building and maintaining their network. 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. Note: This announcement 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. 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. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion