Corvis Recognized as Top Networking Company at Technologic Partners Conference.
Business Wire, March 23, 2000 p1557
COLUMBIA, Md.--(BUSINESS WIRE)--March 23, 2000
Corvis Corporation, a leader in delivering the all-optical Internet, was selected as "most likely to succeed" by Technologic Partners at their recently held Network Outlook Conference in San Francisco.
Corvis was chosen from 90 privately financed networking companies that presented their business plans to an audience of several hundred venture capitalists, money managers, investment bankers, and industry executives.
"The companies selected at our Network Outlook Conference are redefining the communications industry," said Richard Shaffer, Principal at Technologic Partners. "Corvis' compelling optical networking technology positions the company to be leader in creating the all-optical Internet."
Selection for the award was based on votes from the audience and recommendations from a panel of distinguished technology investors and observers that included Neal Dempsey, general partner at Bay Partners; David W. Hanna, chairman of Hanna Capital Management; Bruce Sachs, general partner at Charles River Ventures; and Timothy P. Savageaux, research analyst at W.R. Hambrecht & Co.
"We are delighted to receive this award," said Dr. David Huber, President and CEO of Corvis. "It validates our belief that Corvis' all-optical networking products will revolutionize the Internet and allow carriers to deliver innovative high-speed applications and services with the click of a mouse."
Corvis has announced field trials of its innovative all-optical networking products with Broadwing Communications (NYSE: BRW), Qwest Communications International Inc. (NYSE: Q), and Williams Communications Group, Inc. (NYSE:WCG).
About Corvis
Corvis Corporation is a privately held all-optical networking company founded by Dr. David Huber, one of the leading figures in the field of optical communications and the founder of Ciena Corporation.
The company recently unveiled the first transparent all-optical switching, transport and network management solutions that will revolutionize the way traffic is moved in the new Internet-driven economy. The Corvis all-optical mesh network is the foundation for building the next generation all-optical network to meet the explosive growth of the Internet.
Corvis products and services give communication service providers the capability to build a single-layer, transparent all-optical high-capacity network necessary to quickly accommodate the continuing growth of Internet, video, voice, and other data traffic.
This flexibility can result in a significant gain in network capacity using existing fiber in the field. For more information, call Corvis at 443/259-4000 or visit the Corvis web site at www.corvis.com.
Corvis, CorWave, and the Corvis logo are trademarks and/or service marks of the Corvis Corporation. |
