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| Latin American systems integration leverages Zhone technology to provide triple play services to the regional, independent telephone cooperative market |
Oakland, CA, Sept 14, 2012 - (ACN Newswire) - Zhone Technologies, Inc. (NASDAQ: ZHNE), a global pioneer in network access solutions, announced today that its industry-leading MXK(TM) system has been selected by Communication Partner SRL for five GPON deployments in the Argentinean provinces of Buenos Aires, Crdoba and Neuquen. The MXK will provide high speed fiber access to subscribers of four different telephone cooperatives and one housing development. The products selected are the MXK 819 and 319, 2424 and 2426 ONTs series. The combination of these solutions provides access to triple play and high-bandwidth business services over any FTTx architecture.
"Zhone's MXK and ONT solutions are the perfect fit for the independent telephone cooperative market in Argentina," says Fernando Yubero, general manager of Communication Partner SRL. "The flexibility of mixing xDSL technologies with GPON or Active Ethernet was a key factor in choosing the MXK for these deployments. The large variety of indoor and outdoor ONTs available from Zhone enables us to offer an efficient and cost effective way to deploy fiber based solutions for a variety of customers including telephone companies and residential developments."
"The ability of the MXK to provide fiber access for a variety of applications has been repeatedly demonstrated in similar projects worldwide," says Brian Caskey, chief marketing officer for Zhone. "Zhone's success in building the telecom industry's most comprehensive portfolio of scalable FTTx solutions is a direct reflection of the reliability of our products and the value provided to our customers. These new deployments in Argentina are proof that systems integrators in the growing Latin America market continue to recognize Zhone as a leading provider of fiber access solutions."
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. 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, please visit http://www.zhone.com/products/MXK/ .
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 quarters ended March 31, 2012 and June 30, 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.
About Communication Partner SRL
Communication Partner SRL is a regional system integration company, focused on providing end to end solutions in telecommunications using wireless, copper and fiber based technologies. The company was founded in 2001 and its goal is to provide their customers with integrated Data, VoIP and IPTV solutions with quality and optimum cost. The company is located in the capital city of the Crdoba province and its customer base ranges from small businesses to large telecommunications companies in the Southern Cone of Latin America.
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.
Contacts
Aurora Arlet
Edelman for Zhone Public Relations
Tel: +1 404.460.8578
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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