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Technology Stocks : Corning Incorporated (GLW)
GLW 81.74+2.1%1:55 PM EST

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To: Asymmetric who started this subject12/10/2001 10:09:16 AM
From: Paul Lee  Read Replies (1) of 2260
 
Acesa Telecom Selects Corning LEAF Fiber and Cable for Iberian Build
CORNING, N.Y.--(BUSINESS WIRE)--Dec. 10, 2001--Corning Incorporated (NYSE:GLW - news), a world-leading supplier of optical fiber and cable, announced today that Acesa Telecom will deploy nearly 8,000 fiber kilometers of Corning® LEAF® optical fiber for its 250-kilometer Iberian network overbuild, extending from Zaragoza to the Mediterranean Coast.

Scheduled to begin in 2002, this is Acesa's first deployment of LEAF fiber. When complete, the network will connect the entire northeast region of Spain from Catalunya to Aragon and link Acesa's existing fiber-optic network across Catalunya. Corning Cable Systems is the exclusive cable and hardware supplier for this project.

``Corning is proud to offer the technology to support Acesa's optical network project,'' said Derrick Wells, managing director, Corning Optical Fiber Europe. ``We are pleased to be working with Acesa and applaud their commitment to the development of high-technology telecommunications infrastructures in the Iberian Peninsula.''

LEAF fiber, the world's most advanced non-zero dispersion-shifted fiber (NZ-DSF), offers network providers worldwide the lowest cost-per-bit advantage. Its patented large effective area allows higher levels of power to be transmitted through the fiber than standard NZ-DSFs, minimizing the non-linear effects that degrade system performance. LEAF fiber helps drive down the cost of bandwidth for today's most advanced and economically competitive networks.

LEAF fiber continues to be deployed by carriers worldwide in advanced, high data rate networks. Key LEAF fiber customers to date include Argus Telecommunications, AT&T, Broadwing Communications, Cable & Wireless, Carrier1, China Netcom, China Telecom, China Unicom, COLT Telecom Group plc, Communications Authority of Thailand, Eurotunnel, Interoute (i-21 network), Impsat, KG Telecom, LD COM, Level 3 Communications, Inc., TransTeleCom and Williams Communications. Corning LEAF fiber also has been deployed in South America and China, among other parts of the world.

Established in 1851, Corning Incorporated (www.corning.com) creates leading-edge technologies for the fastest-growing markets of the world's economy. Corning manufactures optical fiber, cable and photonic products for the telecommunications industry; and high-performance displays and components for television, information technology and other communications-related industries. The company also uses advanced materials to manufacture products for scientific, semiconductor and environmental markets. Corning revenues for 2000 were $7.1 billion.
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