Ciena Corporation (ticker: CIEN, exchange: NASDAQ Global Select Market (.O))
News Release -
Infonet Chooses CIENA Solutions for Use on Its Worldwide Network
LINTHICUM, Md., Sep 4, 2003 (BUSINESS WIRE) -- CoreDirector, MetroDirector K2
Helping Global Managed Network Service Provider Reduce Network Operating
CIENA(R) Corporation (NASDAQ:CIEN) today announced that Infonet Services
Corporation (NYSE:IN), a leading provider of global communications services for
multinationals, has selected CIENA solutions for use on Infonet's wholly-owned
The World Network(R), accessible from more than 3,000 cities in 180 countries
around the world. Specifically, Infonet has selected CIENA's CoreDirector(R)
intelligent core switch and MetroDirector K2(TM) multiservice platform for
deployment across multiple U.S. and European network sites.
Infonet's deployment plans call for more than 30 CoreDirector systems across the
network, in addition to MetroDirector K2 switches in more than 40 cities.
Deployment is already underway.
Infonet selected CIENA based on its experience with cost-effective, dynamic mesh
networks, as well as the ability of CIENA's LightWorks(TM) solutions to enhance
the efficiency of the existing global backbone and local metropolitan networks.
In addition, CIENA's professional services offering met Infonet's criteria to
manage the engineering and implementation of the solution.
"The economic benefits of CIENA's next-generation architecture support our
objectives of increasing network efficiency and lowering overall costs while at
the same time expanding our network reach into additional markets," said Paul
Hibbert, chief technology officer at Infonet. "With intelligent mesh networking
capabilities, the CIENA solution also provides a platform to migrate innovative
service offerings to a dynamic next-generation architecture while leveraging our
Implementing an intelligent, mesh-based architecture will help Infonet migrate
to a "self-aware" infrastructure with automated bandwidth provisioning and
management across the network, while also providing extensive protection
capabilities. CIENA's switching systems are designed to enable a unified and
scalable network for delivering converged services to new and existing customers
- without the high operational costs associated with managing a static, manual
"We are pleased to be working with Infonet to provide key portions of The World
Network's infrastructure," said Gary Smith, president and CEO at CIENA. "The
cost-saving automation enabled by CIENA's software-based networking solutions is
optimal for Infonet's innovative approach to serving customers around the
CIENA Corporation delivers innovative network solutions to the world's largest
service providers, increasing the cost-efficiency of current services while
enabling the creation of new carrier-class data services delivered on the
existing network infrastructure. Additional information about CIENA can be found
NOTE TO INVESTORS
This press release contains certain forward-looking statements based on current
expectations, forecasts and assumptions of CIENA (the Company) that involve
risks and uncertainties. Forward-looking statements in this release, including
but not limited to the features and benefits of CIENA's products, are based on
information available to the Company as of the date hereof. The Company's actual
results could differ materially from those stated or implied in such
forward-looking statements, due to risks and uncertainties associated with the
Company's business, which include the risk factors disclosed in the Company's
Report on Form 10-Q filed with the Securities and Exchange Commission on August
21, 2003. Forward-looking statements include statements regarding the Company'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. The Company assumes no obligation to update the information included in
this press release, whether as a result of new information, future events or
Infonet Services Corporation, known for its quality of service, is a leading
provider of managed network communications services for nearly 3,000
Employing a unique consultative approach, Infonet offers integrated solutions
optimizing the complex relationship between enterprise applications and the
global network. Extensive project management capabilities are the foundation for
the services and solution offerings (broadband, Internet, intranet, multimedia,
video conferencing, remote and local access, provisioning, application and
consulting services) positioning Infonet as a single-source partner for
multinational entities. In particular, Infonet IP VPN solutions offer
multinationals a unique combination of Private and Public IP services as well as
a full set of Managed Security Services.
Rated "Best in Class" overall in Telemark's survey of Global Managed Data
Network Services, Infonet has also won "Best Customer Care" and "Best Carrier"
at the World Communication Awards. Founded in 1970, Infonet owns and operates
The World Network(R), accessible from more than 180 countries, and provides
local service support in over 70 countries and territories.
Infonet's stock is traded on the New York Stock Exchange under the symbol IN.
Additional information about the company is available at www.infonet.com.
Safe Harbor Statement: Infonet may have made forward-looking statements in this
release. These statements, if any, are based on information available to the
company as of the date of this release and Infonet undertakes no duty to update
the information to take account of later events. The accuracy of our
forward-looking statements will also be affected by the strength of the market
for Infonet products and services, competition, the timely transitioning of new
business opportunities to Infonet's network and the effect of currency
fluctuation. Investors should bear these risk factors in mind as well as those
elaborated on in Infonet's 10K, 10-Qs and other recent filings made with the
U.S. Securities and Exchange Commission. These documents are available through
the investor relations portion of Infonet's web site at www.infonet.com
SOURCE: CIENA Corporation
CONTACT: CIENA Corporation
Denny Bilter or Aaron Graham
Suzanne DuLong or Jessica Towns
Infonet Services Corp.
Alex Rassey, 310-335-1144
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SOURCE: CIENA Corporation