RHK REPORT NAMES CIENA LEADER IN EUROPEAN OPTICAL NETWORKS MARKET
CIENA Takes Lead in Europe Claiming 35% of 1999 Market Share According to RHK Need for Faster Deployments Favors CIENA Over Other Suppliers
Linthicum, MD — 04/12/2000Ciena Corporation (CIEN) today announced that the latest report from telecommunications market research firm RHK has named Ciena the leader in the European market for optical transport systems. According to the report, European WDM & Optical Networks: Market Share and Analysis 1999, Ciena's 1999 market share for intelligent optical transport systems deployed in European networks was higher than any other optical networking supplier. According to the report, Ciena claimed 35 percent of the estimated $532 million (USD) European market.
"Ciena has seen a great deal of success with its long- and short-haul systems in Europe, particularly with the emerging carriers and pan-European network providers said Stéphane Téral, RHK's analyst covering European telecom markets. "Much of Ciena's success in this market can be attributed to its ability to deliver, install and turn-up services rapidly. These are key criteria, especially for the aggressive carriers looking to bring new services to market very quickly."
Ciena's MultiWave CoreStream™ system is the industry's first intelligent optical platform to deliver 96 optical channels with future scalability to a capacity of approximately two terabits per second over a single fiber pair. Ciena currently is shipping both the OC-48 (STM-16) and OC-192 (STM-64) capability for this system, as well as its MultiWave Metro™ system for metropolitan area networking to 13 carriers in Europe.
"Naturally Ciena is pleased with the findings in the RHK report," said Guy S. Powell, Ciena's vice president, Europe/Middle East/Africa. "We intend to capitalize on this lead by continuing our focus on responsive customer support services and by continuing to bring to market more leading-edge
technologies that enable our customers to offer new innovative optical services."
With European offices in London, Paris, Brussels and Frankfurt, Ciena employs more than 150 professionals across Europe dedicated to sales, customer service and support. In Ciena's fiscal year 1999, approximately 44 percent of the company's revenues came from outside the United States.
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 http://www.ciena.com.
RHK is the leading industry market research and consulting firm specializing in the analysis of advanced technologies for the public telecommunications network. The company provides subscription services and custom consulting to technology vendors, service providers and the investment community on North American, Asia-Pacific and European markets. RHK is based in South San Francisco, CA. For more information, visit the company's Web site at www.rhk.com.
Forward-looking statements in this release, including, but not limited to, the cost savings, deployment timing and network management benefits of the Company and its 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 17, 2000.
Nicole Anderson
Ciena Corporation
(877) 857 -7377
pr@ciena.com Lee Kurnoff
RHK
(650) 737-9600
lee_kurnoff@rhk.com
Marie Downing
Ciena Corporation
(888) 243-6223
ir@ciena.com
