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MEDIA ADVISORY

CIENA Technology Strategy Update Teleconference

Ciena® Corporation (NASDAQ: CIEN), a leading provider of intelligent optical networking systems and software, will be holding a live teleconference to update the market on the company’s technology strategy of improving carrier network economics. The call will be held Thursday, May 15, 2003, at 11:00 a.m. Eastern Time

Addressing the audience will be Francois Locoh-Donou, vice president, marketing; Steve Chaddick, senior vice president and chief strategy officer; and, Steve Alexander, senior vice president and chief technology officer. Questions will be fielded from the press, market analyst and financial communities.

To access this call from domestic and international locations please dial (913) 981-4910. No access code is required. The call will also be webcast by CCBN and can be accessed via our company website at www.ciena.com.

If you are unable to participate in the call, an automated playback will be available from 2:00 p.m. (Eastern) on Thursday, May 15 through midnight (Eastern) on Monday, May 19, 2003. To listen to the replay, using access code 409508 please dial (888) 203-1112 from the U.S. and Canada and (719) 457-0820 from international locations. The webcast will also be archived on www.ciena.com.