Ciena® Corporation (NASDAQ:CIEN), the network specialist, today announced that its CN 4200™ FlexSelect™ Advanced Services Platform has achieved technical acceptance under the United States Department of Agriculture (USDA)’s Rural Development Telecommunications Program, which offers funding and low-cost loans to service providers investing in networks that serve rural communities.
This technical acceptance authorizes Ciena’s CN 4200 platform for use in telecommunications networks built with loans from the USDA Rural Utilities Service (RUS), and indicates that the platform meets strict requirements for field performance and compliance to standards. Now, independent telephone and utility companies can obtain low-interest financial assistance from the RUS for the purchase and deployment of Ciena’s CN 4200 to help bring a variety of telecommunications services to rural areas of the United States.
“In addition to basic Internet access needs, the rise of voice, video and data service bundles is generating demand from rural service providers for high-performance, high-bandwidth networks,” said Tom Mock, senior vice president of strategic planning for Ciena. “Earning RUS Acceptance for the CN 4200 enables Ciena and our partners to bring the benefits of the platform’s unique service flexibility and performance capabilities to even more networks in rural communities.”
Designed to deliver performance-grade Ethernet services, Ciena’s CN 4200 family of platforms now includes the CN 4200 MC for edge-optimized optical services from the customer premises, the CN 4200 for aggregating services onto rings, and the new CN 4200 RS for aggregation, grooming and routing of traffic at major network aggregation points. The platforms offer the unique benefit of universal line cards with individual user-programmable ports to deliver TDM, Ethernet and storage services at any speed on any available port, and ITU G.709 OTN for service transparency.
Ciena’s list of RUS Accepted products also includes the CoreStream® Agility Optical Transport System, DN 7000™ Series Multiservice Edge Switching and Aggregation Platform, CN 2600™ Multiservice Edge Aggregator and ONLINE Metro™ Multiservice DWDM Platform.
Ciena Corporation is the network specialist, focused on expanding the possibilities for its customers’ networks while reducing their cost of ownership. The company’s systems, software and services target and cure specific network pain points so that telcos, cable operators, governments and enterprises can best exploit the new applications that are driving their businesses forward. For more information, visit www.ciena.com.
Note to Ciena Investors
This press release contains certain forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties. These statements are based on information available to the Company as of the date hereof; and Ciena's actual results could differ materially from those stated or implied, due to risks and uncertainties associated with its business, which include the risk factors disclosed in its Report on Form 10-Q, which Ciena filed with the Securities and Exchange Commission on June 1, 2007. Forward-looking statements include statements regarding Ciena'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. Ciena assumes no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.