Corvis Recognized as Top Networking Company at Technologic Partners Conference.Business Editors/Hi-Tech Writers COLUMBIA, Md.--(BUSINESS WIRE)--March 23, 2000 Corvis Corporation, a leader in delivering the all-optical Internet, was selected as "most likely to succeed" by Technologic Partners at their recently held Network Outlook Conference in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden . Corvis was chosen from 90 privately financed networking companies that presented their business plans to an audience of several hundred venture capitalists, money managers, investment bankers, and industry executives. "The companies selected at our Network Outlook Conference are redefining the communications industry communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. ," said Richard Shaffer, Principal at Technologic Partners. "Corvis' compelling 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. technology positions the company to be leader in creating the all-optical Internet." Selection for the award was based on votes from the audience and recommendations from a panel of distinguished technology investors and observers that included Neal Dempsey, general partner at Bay Partners; David W. Hanna, chairman of Hanna Capital Management; Bruce Sachs, general partner at Charles River Charles River River, eastern Massachusetts, U.S. The longest river wholly in the state, it flows into Boston Bay after a course of about 80 mi (130 km). Navigable for about 7 mi (11 km), its estuary separates the cities of Boston and Cambridge. Ventures; and Timothy P. Savageaux, research analyst at W.R. Hambrecht & Co. "We are delighted to receive this award," 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 validates our belief that Corvis' all-optical networking products will revolutionize the Internet and allow carriers to deliver innovative high-speed applications and services with the click of a mouse." Corvis has announced field trials of its innovative all-optical networking products with Broadwing Communications (NYSE NYSE See: New York Stock Exchange : BRW BRW Business Review Weekly (business magazine; Melbourne, Victoria, Australia) BRW Business Report Writer BRW Barrow, AK, USA - Barrow (Airport Code) BRW Business Requirement Worksheet ), Qwest Communications
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 ). About Corvis Corvis Corporation is a privately held all-optical networking company founded by Dr. David Huber, one of the leading figures in the field of optical communications and the founder of Ciena Corporation. The company recently unveiled the first transparent all-optical switching, transport and network management solutions that will revolutionize the way traffic is moved in the new Internet-driven economy. The Corvis all-optical mesh network is the foundation for building the next generation all-optical network to meet the explosive growth of the Internet. Corvis products and services give communication service providers the capability to build a single-layer, transparent all-optical high-capacity network necessary to quickly accommodate the continuing growth of Internet, video, voice, and other data traffic. This flexibility can result in a significant gain in network capacity using existing fiber in the field. 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. |
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