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| Leader in FTTx network access solutions shows continued traction with more than 4,600 MXK's shipped |
Oakland, CA, June 4, 2013 - (ACN Newswire) - Zhone Technologies, Inc. (NASDAQ: ZHNE), a global leader in FTTx network access solutions, announced the release of the newest version of its MXK High-performance Uplink card with new innovation in hardware architecture that essentially doubles the network facing uplink capacity. The new uplink card was designed to enable operators to offer superior high-bandwidth services in a variety of different networks by offering a wide range of available service types and features. This will allow operators to offer superior high-bandwidth services with models that support both copper and fiber small form-factor pluggable transceivers (SFPs). Additionally, the MXK uplink card provides full network redundancy by supporting both an active card and a backup standby in the same chassis. If a card or network failure occurs, the standby card will take over without dropping any calls.
Zhone continues to generate substantial growth in global deployments of its industry-leading MXK(TM) multi-service access node (MSAN), shipping a total of 4,676 MXK's across the globe by the end of Q1 2013. Demonstrating continued market leadership, Zhone has continued to focus its deployment efforts on its Gigabit Passive Optical Network (GPON), Active Ethernet (AE) and Very-High-Bit-Rate Digital Subscriber Line (VDSL2) technologies, with a GPON subscriber capacity of 32.5 million.
"Zhone's continued emphasis on expanding its product line and FTTx network access solutions reinforces the company's position as a global leader in the market," explained Brian Caskey, chief marketing officer at Zhone Technologies. "Zhone is extremely dedicated to providing its diverse customer base with leading-edge fiber solutions that drive broadband in global markets and provide impressive and adaptable service offerings that allow customers to enhance their services and remain competitive."
Known for its strong market leadership and product innovation, Zhone is expanding its customer base across the Middle East, Central and Latin America, Europe and North America. Zhone continues to provide fiber solutions that are flexible and able to meet the unique needs of customers' networks.
"This quarter, Broadbandtrends ranked Zhone number two in the EMEA region for GPON revenue and OLT port shipments, and number five globally, showcasing the MXK's continued momentum in both domestic and international markets," said Teresa Mastrangelo, principal analyst at Broadbandtrends. "Zhone's MXK platform provides customers with extensive opportunities for network and service expansions, enhancing the value of their services."
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 increased at a CAGR of 228 percent since Q1 2009, while MXK OLT has grown at a CAGR of 232 percent.
Zhone's FiberHome portfolio of products and solutions, including the MXK platform, fulfills the network requirements of both domestic and international customers' broadband demands for residential users. For more information about Zhone's MXK solutions or other solutions in Zhone's FiberHome(TM) portfolio please visit http://www.zhone.com .
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, 2012 and the Company's quarterly report on Form 10-Q for the quarter ended March 31, 2013. 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: +1-404-460-8578
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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