DAEGU BANK AND BUSAN BANK KOREA UTILIZE CIENA’S ONLINE METRO EQUIPMENT FOR DISASTER RECOVERY SYSTEM
Linthicum, MD — 04/02/2003Ciena® Corporation (NASDAQ: CIEN), a leading provider of intelligent optical networking systems and software, today announced that Daegu Bank and Busan Bank have jointly developed a back-up banking system utilizing Ciena’s ONLINE Metro™ Multiservice DWDM Transport Platform. Daegu Bank and Busan Bank are among the largest regional banking institutions in Korea.
Both banks’ primary data centers are interconnected with protected full-rate native Fibre Channel links to a back-up data center in Milyang city, 90 kilometers away. Utilizing dense wavelength division multiplexing (DWDM) technology and storage area networking (SAN) protocols, the banks dramatically increased backup performance and assurance of business continuity.
“ By implementing a back-up system that assures business continuity for our mission–critical financial data, we can give our customers confidence that we are able to provide seamless, uninterrupted service and keep their data secure,” said Mr. Jo Seong-Tae, chief information officer of Daegu Bank. “We chose Ciena’s ONLINE solution because it provides us with a high density, high-bandwidth and intelligent data management solution capable of reaching long distances without the need for regeneration, SAN protocol conversion or data compression.”
Ciena’s ONLINE Metro enables flexible DWDM deployment of full-rate protected services including 1 and 2Gbps Fibre Channel, Gigabit Ethernet, 10 Gigabit Ethernet, Video, ESCON, FICON, STM64, STM16, STM4, STM1 and the corresponding SONET services.
“ Daegu’s back-up system required optical connectivity between geographically distributed sites for protection of their data centers, without the costs associated with traditional carrier services,” said Kyu-Hwan Lee, general manager for Ciena Korea. “Ciena’s ONLINE Metro Transport solutions provide a robust and scalable network infrastructure that matched their needs for a cost-effective and reliable universal transport platform for efficient back-up performance.”
Ciena Corporation's market-leading optical networking systems form the core for the new era of networks and services worldwide. Ciena's LightWorks architecture enables next-generation optical services and changes the fundamental economics of service-provider networks by simplifying the network and reducing the cost to operate it. Additional information about Ciena can be found at www.ciena.com
Daegu Bank has played a key role in the economic and industrial development of Daegu and Gyeongbuk province since 1967. The Bank today stands best among Korea’s regional banks, with 39.5% share of Daegu market at the end of 2001, one of Korea’s three largest economic zones. DGB is committed to serving the local community in which it works. In return, the people of Daegu and its surrounding area are staunchly loyal to the Bank. Dedicated to the regional development, DGB places the highest priority on Community Focused Management Platform designed to strengthen the Bank’s marketing foothold in the region and create competitive edges for the Bank.
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 cost savings, deployment timing and network management benefits of the Company’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 February 20, 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 otherwise.
Nicole Anderson
Ciena Corporation
(877) 857 -7377
pr@ciena.com
