METRORED DEPLOYS CIENA'S MULTIWAVE CORESTREAM; BRAZIL'S TWO LEADING BUSINESS CITIES BENEFIT FROM HIGH-CAPACITY NETWORK
Network Deployments Further Strengthen CIENA's Growing Presence in Latin America
LINTHICUM, Md & SÃO PAULO, Brazil — 01/30/2001Ciena Corporation (CIEN) and MetroRED Telecomunicações, a subsidiary of MetroRED Telecom Group Ltd. and a leader in Latin American telecommunications services, today announced a strategic agreement for MetroRED to deploy Ciena's MultiWave CoreStream™ intelligent optical transport systems for its high-capacity network connecting São Paulo and Rio de Janeiro, Brazil. The deployment of Ciena's CoreStream systems, designed for high-capacity long-haul applications, will enable MetroRED to deliver the network capacity that scales to economically meet current and future bandwidth requirements.
"Based on our customers' growing requirements and the market's diversity, MetroRED is developing its services to transparently deliver more voice and data than any other Latin American carrier," said José Gaudêncio Jardim, President of MetroRED Brazil. "With Ciena's market-leading CoreStream systems supporting some of the most critical applications in the MetroRED network, we are underscoring our commitment to offer leading-edge communication services at higher speeds over a flexible and cost-effective network to meet the customer demands of today and tomorrow."
Ciena's CoreStream is designed to enable service providers to minimize the cost of optical transport and maximize revenue-generating bandwidth. MetroRED will economically benefit because CoreStream is designed to scale to support up to 96 channels at 10 gigabits per second over a single fiber pair. Ciena recently announced new enhancements to the CoreStream platform that it believes will increase capacity to approximately two terabits per second this calendar year. Additionally, Ciena's intelligent optical transport systems are designed for added reliability and performance with embedded software intelligence within each CoreStream element.
"The MetroRED relationship is a significant win for Ciena and reinforces our presence in Brazil," said Arely Castellón, Ciena's Vice President and General Manager, Latin America. "Because of MetroRED's leadership in serving the Latin American market, we are especially pleased that they have selected Ciena's next-generation intelligent optical systems to optimize their network to support continued success."
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.
MetroRED Telecom Group, formed by Fidelity Ventures and Boston Ventures, is a leading Integrated Communication Provider that operates IP Centric Networks in Latin America. These third generation networks link main metropolitan business centers in Argentina, Brazil and Mexico by providing a full range of Value Added high bandwidth services to corporate and carrier customers. In the short time it has been present in the Brazilian marketplace, MetroRED is recognized as the best fiber optic transmission operator by the "100 Maiores de Telecomunicações" (100 top telecommunications companies) in World Telecom magazine (IDG). Its Web address is http://www.metrored.com.
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 ability of the CoreStream product to enable MetroRED to deliver the network capacity that scales to economically meet current and future bandwidth requirements, CoreStream's ability to provide a flexible and cost-effective network that will allow MetroRED to meet the customer demands of today and tomorrow, the ability of CoreStream to minimize the cost of optical transport and maximize revenue-generating bandwidth, the ability of enhancements to the CoreStream platform to increase capacity to approximately two terabits per second this calendar year, future enhancements to the Company's products, and 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-K filed with the Securities and Exchange Commission on December 7, 2000. 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 Marcos Mayer
MetroRED Telecomunicações
(55-11) 5501-8706
mmayer@metrored.com.br
Marie Downing
Ciena Corporation
(888) 243-6223
ir@ciena.com Paulo Roberto Ayala
MetroRED Telecomunicações
(55-11) 5501-8775
payala@metrored.com.br
