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Technology Stocks : Corvis Corporation (CORV) -- Ignore unavailable to you. Want to Upgrade?

To: gerard mangiardi who wrote (1157)	10/17/2001 12:04:40 PM
From: James Calladine	Read Replies (1) \| Respond to of 2772

<<<Corvis Technology Delivers Just-in-Time Bandwidth Business Editors & High-Tech Writers COLUMBIA, Md.--(BUSINESS WIRE)--Oct. 17, 2001-- Williams Communications Turns up OC-192 Circuit for Wavelength Services in 48 Hours Corvis Corporation (NASDAQ: CORV), a leading provider of intelligent optical networking solutions, and Williams Communications (NYSE: WCG), a leading provider of broadband services, have established a new standard for speed in the delivery and provisioning of bandwidth. Using Corvis' next-generation optical solutions, Williams Communications provisioned an OC-192 circuit from New York City to Washington, DC within 48 hours of receiving the equipment. Williams Communications will use this 10 Gbps high-traffic circuit to deliver wavelength services to their customers. "The flexibility of Corvis' next-generation solutions enables us to offer and deliver optical innovation to our customers in record speed," said Matt Bross, chief technology officer, Williams Communications. "We are seeing continued growth in the demand for bandwidth over our network. Corvis' solutions give us a competitive advantage to meet our customers' needs by enabling us to deliver revenue-generating wavelength services essentially on demand." Corvis' OC-192 solution offers distinct advantages over traditional networking products by eliminating stranded capital and enabling carriers to quickly turn up bandwidth. The Corvis network is inherently bandwidth ready, eliminating pre-provisioning of expensive 10 Gbps electronics and optics at regeneration and switching sites. "Williams Communications is a highly valued customer and we are particularly proud that Corvis secured this business in the face of intense competition," said Dr. David Huber, president and CEO, Corvis. "Corvis' suite of solutions offer the intelligence and flexibility to offer customers just-in-time bandwidth. Our customers know if they ask for additional bandwidth today, we can deliver it tomorrow." Leveraging its innovative optical design, Corvis provides its customers with the quickest path to profitability by facilitating rapid circuit turn up using Corvis' fast end-to-end provisioning software and dynamic optical gain flattening. Together these features, coupled with the long unregenerated reach of the Corvis system, eliminate unnecessary and costly truck rolls to intermediate regeneration and switching sites along a circuit path. "Corvis continues to impress the global marketplace with their speed and agility in delivering solutions to meet this demand," said Chris Nicoll, vice president, Current Analysis. "By breaking speed records with quick installs and rapid provisioning, Corvis equips their customers with distinct competitive advantages." Williams Communications is one of the first carriers to successfully market Wavelength Services over 10 Gbps optical technology. Earlier this year, Corvis and Williams Communications set another industry benchmark. Williams Communications achieved a record-breaking 6,400 km transmission without electrical regeneration along a portion of the Williams Multi-Service Broadband Network(R). About Corvis Corvis Corporation is a leading provider of next-generation optical services networks founded by Dr. David Huber, a pioneer in the field of optical communications. By deploying the industry's first all-optical network, Corvis has revolutionized the way communications traffic is moved in the new Internet-driven economy. Corvis products and services deliver optical network intelligence and mesh network capabilities providing telecom service providers with end-to-end core networking solutions, which make them more competitive in the market. Corvis' next-generation products enable these carriers to offer their customers a vast array of advanced wavelength services that dramatically lower capital and operational costs, while generating increased revenue. 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. All other trademarks are the property of their respective owners. >>> Namaste! Jim