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Technology Stocks : Sycamore Networks Inc-(SCMR) -- Ignore unavailable to you. Want to Upgrade?

To: Techplayer who wrote (1487)	9/12/2000 12:42:22 AM
From: Lalit Jain	Read Replies (1) \| Respond to of 2249

Sycamore Networks Chosen as Inaugural Recipient of the Comet Award for Pioneering the Development of the Intelligent Optical Network Comet Awards Demonstrate Superior Achievements in Technical Vision, Innovation and Risk Taking CHELMSFORD, Mass.--(BUSINESS WIRE)--Sept. 11, 2000-- Sycamore Networks (NASDAQ: SCMR - news), a leader in intelligent optical networking, was one of 20 vendors honored as an inaugural recipient of a Comet Award presented by Communication Systems Design magazine. With its portfolio of products - the SN 6000 and SN 8000 intelligent optical transport systems, the SN 16000 intelligent optical switch and the SILVX(TM) Optical Network Management System, Sycamore Networks was chosen as a Comet based on its innovation and leadership in providing the industry's most comprehensive end-to-end intelligent optical networking solution. ``In a very short period of time, Sycamore Networks has been extremely successful at creating and driving what we call the intelligent optical networking marketplace,'' said Rick Barry, Sycamore's Chief Technology Officer. ``We are extremely pleased to receive this award that honors our vision, leadership and success.'' Comet Awards The Comet awards recognize the top 20 up and coming communications technology companies that have demonstrated superior achievement by virtue of their technical vision, innovation and risk-taking. The awards are selected by a panel of editors from Communication Systems Design, Embedded Systems Programming and EE Times. About Sycamore Networks Sycamore Networks develops and markets intelligent optical networking products that transport voice and data traffic over wavelengths of light. The Company combines significant experience in data networking with expertise in optics to develop intelligent optical networking solutions for network service providers. Sycamore's products are based on a common software foundation, enabling concentration on the delivery of services and end-to-end optical networking. Sycamore's products and product plans include optical transport, access and switching systems and end-to-end optical network management solutions. Contact Sycamore Networks at www.sycamorenet.com. Note to editors: SN 6000, SN 8000, SN 16000, SILVX ONMS and Sycamore are trademarks of Sycamore Networks, Inc. Except for the historical information contained herein, we wish to caution you that certain matters, discussed in this news release constitute forward-looking statements that involve risks and uncertainties. The Company's actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including those risks and uncertainties discussed under the heading `Risk Factors' contained in the Company's Registration Statement on Form S-1 (file no. 333-30630) filed by the Company in connection with its secondary public offering and the other reports filed by the Company from time to time with the Securities and Exchange Commission. 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 obligations to update the information included in this press release. Contact: Sycamore Networks Melissa Morales 978-250-2972 melissa.morales@sycamorenet.com