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Ciena Announces Voting Results of Annual Meeting of Shareholders

Ciena® Corporation (Nasdaq: CIEN), the network specialist, today announced voting results of its Annual Meeting held March 15, 2006 in Baltimore, Maryland.

Shareholders approved the following proposals in the proxy:

1. Proposal to elect as Class III Directors Stephen P. Bradley, Ph.D and Gerald H. Taylor;

2. Proposal to authorize the Board of Directors, in its discretion, to amend Ciena’s Third Restated Certificate of Incorporation to effect a reverse split of its outstanding common stock at a ratio of (i) one-for-five, (ii) one-for-seven, or (iii) one-for ten, together with a corresponding reduction in the number of authorized shares of Ciena common stock and capital stock, at any time prior to the date of Ciena’s 2007 Annual Meeting of Shareholders, without further approval or authorization of Ciena’s shareholders; and,

3. The ratification of the appointment of PricewaterhouseCoopers LLP as Ciena’s independent registered public accounting firm for the 2006 fiscal year.

A shareholder proposal requesting that the Board of Directors adopt a majority vote standard for the election of directors was not approved by shareholders.

As of the record date of January 20, 2006, there were 581,261,502 shares eligible to vote. Proxies representing 495,950,700 shares, or 85.3 percent of the eligible voting shares were represented at the meeting. The results for each proposal were as follows: 

1.  Proposal to elect Stephen P. Bradley, Ph.D. and Gerald H. Taylor: