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Technology Stocks : Corvis Corporation (CORV)

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To: wgh613 who wrote (724)4/27/2001 9:23:54 AM
From: Jeff Jordan  Read Replies (1) of 2772
 
I guess the analysts chose to overlook this announcement or totally discounted it?

COLUMBIA, Md.--(BUSINESS WIRE)--April 26, 2001--Corvis Corporation (NASDAQ:CORV - news),

Expanding the product scope of its previously announced contract with Qwest, Corvis will now provide its CorWave ON all-optical
transmission and switching products in addition to the CorWave LR ultra-high capacity dense wavelength division multiplexing
(DWDM) system.

Mike Perusse, Qwest's senior vice president of engineering and technology. ``This will allow us to eliminate electronic conversions in the
network and drive down costs.''

Qwest and Corvis will also work together to develop OC-768 next-generation transmission technologies. This R&D partnership will
leverage Corvis' lead in 40-Gbps soliton transmission and Raman amplification products with Qwest's commitment to next-generation
new product introductions.
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