SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Corvis (CORV)
CORV 0.4200.0%May 27 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SemiBull who wrote (288)4/25/2002 6:51:29 PM
From: SemiBull  Read Replies (1) of 325
 
France Telecom Upgrades Network Link With Corvis WDM Equipment

Corvis XF Repeaterless Festoon Product Connects Mainland With The Island of Corsica

COLUMBIA, Md., April 25 /PRNewswire-FirstCall/ -- Corvis Corporation (Nasdaq: CORV - news) a leading provider of intelligent optical networking solutions, today announced that France Telecom has upgraded one of its network links using Corvis' next-generation repeaterless festoon product. This 4 x 2.5 Gbps link, which now connects the French mainland to the island of Corsica, will provide France Telecom with 4 times more capacity, resulting in a lower cost per bit of information. The deployment of this link is part of a multi-year agreement signed in June 2001 with France Telecom, previously announced as ``Corvis' unnamed global carrier.''

``We are extremely proud to have France Telecom, a technological leader recognized worldwide, as a customer,'' said Dr. David Huber, president and chief executive officer of Corvis. ``By using our next-generation technology in this link, France Telecom will be able to reduce its capital and operational expenditures.''

The Corvis XF festoon product offers repeaterless links for mainland-to-island and island-to-island spans as well as multiple links along coastlines. Corvis' proven Raman amplification and soliton transmission technologies allow carriers to transmit up to 800 gigabits per fiber over distances as long as 350 km without the use of in-line amplifiers. The elimination of in-line amplifiers in festoon, regional point-to-point and spur network applications cuts capital expenditures and operational costs dramatically, and speeds network deployment. This allows carriers to produce revenue more rapidly.

With Corvis technology, France Telecom will gain when fully upgraded a 16-fold increase in transmission density to 10 Gbps. For its customers, this capability equates to handling 128,000 calls per second, or 200 high definition multimedia channels simultaneously. As demands increase, the Corvis XF system can be upgraded to 80 Gbps, which would enable more than a million simultaneous telephone calls, or 1,500 high-definition multimedia channels.

France Telecom's use of Corvis' technology to upgrade this link is part of the carrier's program to provide high-speed services nationwide. Leveraging the benefits of Corvis' technology, France Telecom will be able to provide Corsica with faster Internet access through ADSL* technology.

Corvis' optical networking solutions are designed to reduce network costs and enable carriers to offer advanced wavelength services to their customers at significantly lower costs. Carriers can leverage the benefits of Corvis-enabled optical networks to rapidly provision new services such as wavelength-on-demand, optical protection and restoration and dynamic service level agreements.

About France Telecom

France Telecom is one of the world's leading telecommunications carriers, with over 91 million customers on the five continents (220 countries and territories) and consolidated operating revenues of 43 billion Euro for 2001. Through its major international brands, including Orange, Wanadoo, Equant and GlobeCast, France Telecom provides businesses, consumers and other carriers with a complete portfolio of solutions that spans local, long-distance and international telephony, wireless, Internet, multimedia, data, broadcast and cable TV services.

France Telecom is the second-largest wireless operator and the number three Internet access provider in Europe, and a world leader in telecommunications solutions for multinational corporations. France Telecom (NYSE: FTE - news) is listed on the Paris and New York stock exchanges.

About Corvis

From point-to-point links to all-optical networks, Corvis Corporation delivers innovative optical network solutions that drive carrier profitability faster than any other vendor. Corvis continues to demonstrate optical leadership with numerous industry firsts, including the first and only commercial all-optical network and integrated all-optical switches, the first to transmit over 6000 km without costly electronic regeneration and first to deploy Raman amplification commercially. Corvis' innovative solutions enable carriers to provision new wavelength-based services rapidly and to tailor dynamic service level agreements for rapid revenue generation. Corvis' future-ready product portfolio solves carrier network challenges with scalable, robust solutions that reduce capital and operating expenditures. With offices across North America and Europe, Corvis operates Research and Development centers of excellence at its global headquarters in Columbia, Maryland, and in Lannion, France. For more information visit corvis.com.

Corvis and the Corvis logo are trademarks and/or service marks of the Corvis Corporation. All other trademarks are the property of their respective owners.

Note: This announcement contains certain forward-looking statements that are subject to risks and uncertainties. Actual results could differ materially from those currently anticipated as a result of a number of factors, including, but not limited to, the risks and uncertainties discussed under ``Risk Factors'' and ``Management's Discussion and Analysis of Financial Condition and Results of Operations'' in the Company's filings with the Securities and Exchange Commission.

Corvis Public Relations Contact: Corvis Investor Relations Contact:
Keira N. Shein Andrew G. Backman
(443) 259-4006 (443) 259-4600
Fax: (443) 259-4798 Fax: (301) 310-3134
PR@corvis.com investorinformation@corvis.com

* ADSL : Asymetric Digital Subscriber Line, data transmission technology
which provides access to high capacity Internet by using a conventional
telephone line.

SOURCE: Corvis Corporation
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext