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| MXK central to leadership in FTTx market, increased customer deployments and multi-region growth |
Oakland, CA, Aug 9, 2012 - (ACN Newswire) - Zhone Technologies, Inc. (NASDAQ: ZHNE), a global leader in FTTx network access solutions, has continued vigorous deployment of its industry-leading MXK(TM) multi-service access node (MSAN) and as a result, has recognized significant global growth for its Gigabit Passive Optical Network (GPON), Active Ethernet (AE) and Very-High-Bit-Rate Digital Subscriber Line (VDSL2) business. The number of MXK platform deployments has more than doubled since Q2 2011, expanding from approximately 1,500 systems to more than 3,650, generating a total subscriber capacity of 27 million. In Q2 2012, alone, Zhone shipped more than 400 MXKs. This momentum is central to the company's continued leadership within the market and validates the strength of its comprehensive end-to-end FTTx solutions.
Recognized as a top-five global player in the FTTH market by leading industry analysts for the third consecutive year, Zhone continues to deliver significant growth in FTTx system and deployments, outpacing projections and multiple suppliers within the market. Since 2009, Zhone's FTTx customer base has grown by more than 500 percent.
"Zhone continues to maintain its position as a leading global provider of FTTH network solutions, due to its robust product portfolio, deep access technology experience and global service capabilities," stated Teresa Mastrangelo, principal analyst at BroadbandTrends. "This will play into the expected continued demand for FTTx services with subscribers expected to more than double from 88 million in 2011, to 173 million by 2017, with continued strong growth expected in the North America, Latin America and Middle Eastern markets, where Zhone continues to focus its efforts."
"The MXK, zNID(TM) GPON and AE Optical Network Terminals (ONTs), Zhone Management System (ZMS(TM)) and Zhone EZ Touch Provisioning(TM) system provide customers with cost-effective, customizable solutions, designed to expand network reach and service offerings," explained Brian Caskey, chief marketing officer at Zhone. "The solution portfolios- IP Zhone, Zhone FiberHome(TM) and Zhone FiberCell(TM) -empower operators to sustain the value of their copper, fiber and Ethernet investments long-term and design a scalable and future-proof network."
Zhone FiberHome portfolio of products and solutions, including the MXK platform, fulfills the network requirements of both international and domestic customers' broadband expansion efforts for residential and business users and the growing opportunity in the mobile backhaul market provide ongoing opportunities for Zhone to further deploy the MXK platform globally.
Featuring industry-leading density, scalability and switching capacity, the MXK is the industry's first terabit access concentrator and provides non-blocking capacity of up to 3,600 100 Mbps GPON subscribers or 360 1G Active Ethernet subscribers. Zhone's ONT deployment growth has also grown more than 9,500 percent since Q1 2009.
For more information about Zhone's MXK solution or to learn more about its various applications, including mobile backhaul, please visit the Zhone FiberHome(TM) or Zhone FiberCell(TM) portfolios on the Zhone website.
About Zhone Technologies
Zhone Technologies, Inc. (NASDAQ: ZHNE) is a global leader in all IP multi-service access solutions, serving more than 750 of the world's most innovative network operators. The IP Zhone is the only solution that enables service providers to build the network of the future.today, supporting end-to-end Voice, Data, Entertainment Social Media, Business, Mobile Backhaul and Mobility service. Zhone is committed to building the fastest and highest quality All IP Multi-Service solution for its customers. Zhone is headquartered in California and its products are manufactured in the USA in a facility that is emission, waste-water and CFC free.
Zhone, the Zhone logo, and all Zhone product names are trademarks of Zhone Technologies, Inc. Other brand and product names are trademarks of their respective holders. Specifications, products, and/or product names are all subject to change without notice.
Forward-Looking Statements
This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "goal," "intend," "may," "plan," "project," "seek," "should," "target," "will," "would," variations of such words, and similar expressions are intended to identify forward-looking statements. In addition, forward-looking statements include, among others, statements that refer to financial estimates; projections of revenue, margins, expenses or other financial items. Readers are cautioned that actual results could differ materially from those expressed in or contemplated by the forward-looking statements. Factors that could cause actual results to differ include, but are not limited to, commercial acceptance of the Company's products; intense competition in the communications equipment market; the Company's ability to execute on its strategy and operating plans; and economic conditions specific to the communications, networking, internet and related industries. In addition, please refer to the risk factors contained in the Company's SEC filings available at www.sec.gov, including without limitation, the Company's annual report on Form 10-K for the year ended December 31, 2011 and the Company's quarterly report on Form 10-Q for the quarter ended March 31, 2012. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. The Company undertakes no obligation to update or revise any forward-looking statements for any reason.
Contacts
Aurora Arlet
Edelman for Zhone Public Relations
Tel: +1 404.908.3186
E: aurora.arlet@edelman.com
Zhone Investor Relations
Tel: +1 510.777.7013
Fax: +1 510.777.7001
E: investor-relations@zhone.com
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Zhone Technologies, Inc via Thomson Reuters ONE
Topic: Press release summary
Source: Zhone Technologies
https://www.acnnewswire.com
From the Asia Corporate News Network
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