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Technology Stocks : TLAB info? -- Ignore unavailable to you. Want to Upgrade?

To: John Carragher who wrote (2611)	6/25/1998 10:27:00 AM
From: Jerryco	Read Replies (1) \| Respond to of 7342

Subj: Date: 98-06-25 10:13:52 EDT From: jtowns@ciena.com (Jessica Towns) To: sdulong@ciena.com <center><bold>FOR IMMEDIATE RELEASE </bold></center> <center><bold>TELECOM DEVELOPPEMENT (TD) SIGNS 5-YEAR DWDM CONTRACT WITH CIENA </bold><italic>Marks First Commercial DWDM Deployment in France </italic></center> Linthicum, MD - June 25, 1998 - CIENA Corporation (Nasdaq: CIEN) today announced that it has signed, jointly with CS Telecom France, a 5-year contract with Telecom Developpement (TD) of France to supply the MultiWave Sentry<fontfamily><param>Symbol</param>O </fontfamily>and MultiWave Firefly<fontfamily><param>Symbol</param>O</fontfamily> dense wavelength division multiplexing (DWDM) systems for immediate deployment. TD is a subsidiary of SNCF (French Railways) and Cegetel, a major private French global operator. CIENA has shipped equipment for the first route supporting TD's Paris to Lyon link. Live traffic is expected on this route by early fall 1998, marking the first commercial deployment of DWDM in France. "To meet the new requirements of businesses and the general public, TD has to upgrade its existing network to give us the extra voice processing and data transmission power needed to support new innovative services," said Marc Noblet, TD's managing director in charge of the network. "DWDM is one of the technologies that will help us to quickly achieve our goals. CIENA was awarded this contract based on its superior technology, product availability and market leadership." "We are pleased to include TD in our growing list of European customers," said Gary Smith, CIENA's vice president of international sales. "CIENA's ability to win several high-profile international customers offers proof not only of an emerging market for DWDM at growing competitive carriers worldwide, but also demonstrates the leverage of CIENA's proven DWDM field experience." Telecom Developpement is responsible for operating and maintaining the network for Cegetel. Cegetel, a French carrier, offers a full range of telecommunications services both domestically and internationally. It started commercial operation in February, 1998, and is the second largest global operator in France. Cegetel's decision to become a global telecommunications operator has resulted in a commitment to install its own long distance telecommunications network asking TD to invest approximately 5 billion francs (approximately $800 million U.S.) over the next three years. This investment will focus on establishing a high-capacity network that will support a comprehensive range of new services as well as a dedicated data transport network. CIENA will partner with CS Telecom France for the installation of the DWDM systems in TD's network. <center>### </center> <bold>NOTE TO INVESTORS </bold>Forward-looking statements in this release, are based on information available to the Company as of the date hereof. The Company's actual results could differ materially from those stated or implied by such forward-looking statements, due to risks and uncertainties associated with the Company's dependence on its major customers and their spending patterns, including specifically the impact on the Company's near term operating results of WorldCom's recently announced change in purchasing practices, the challenge of transitioning to the manufacture of multiple product lines in fiscal 1998, and the overall management of its expansion. The risks associated with the recently announced merger with Tellabs may also affect actual results. The forward-looking statements should be considered in the context of these and other risk factors disclosed in the Company's Form 10-Q, filed with the Securities and Exchange Commission on May 21, 1998. <bold>ABOUT CIENA </bold>Based in Linthicum, Maryland, CIENA Corporation is a worldwide market leader of open architecture, dense wavelength division multiplexing (DWDM) systems for long-distance and local exchange carriers. CIENA's DWDM solutions include the MultiWaver 1600 long-haul transport system, WaveWatcherr network management software, the MultiWave Optical Add/Drop Multiplexer, the MultiWave SentryT enhanced long-distance transport system and the new MultiWaver Firefly and MultiWave MetroT short-haul systems. Through its Alta subsidiary, based in Norcross, GA, CIENA provides a range of engineering, furnishing and installation (EF&I) services for telecommunications service providers in the areas of transport, switching and wireless communications. CIENA's DWDM equipment expands the carrying capacity of fiber optic networks by dividing the optical signal into several separate optical channels or wavelengths. An optical fiber without DWDM technology carries a single color of laser light, or a single wavelength, on which travels approximately 32,000 voice or data transmissions. CIENA's DWDM technology divides the single wavelength into multiple colors, or channels, thereby multiplying the capacity of the fiber by the number of channels and enabling service providers to expand bandwidth without the expensive process of adding more fibers. On June 3, 1998, CIENA announced an agreement to merge with Tellabs, Inc. Details regarding the merger can be found in the Company's Form 8-K Report, filed with the SEC on June 3, 1998. Additional information about CIENA can be found on its World Wide Website: ciena.com.

To: John Carragher who wrote (2611)	6/25/1998 11:28:00 AM
From: Beltropolis Boy	Read Replies (1) \| Respond to of 7342

>Are we talking about switching your phone line completely over to cable? john. indeed. and if you like, sooner than you think, your cable guy could be your isp boy and your local and long-distance booty call girl. er, sorry. Tekstar Selects Tellabs' CABLESPAN System for Integrated Cable Telephony And Data Services June 9, 1998 12:29 PM LISLE, Ill., June 9 /PRNewswire/ -- Tellabs TLAB announced today that Tekstar Cablevision, Inc., a regional cable operator in Minnesota, USA, has selected the CABLESPAN(R) 2300 universal telephony distribution system for commercial deployment of integrated telephone and data services over its hybrid fiber/coax cable network. Using the CABLESPAN system, Tekstar plans to offer integrated delivery of telephone and high speed IP data for access to the Internet and on-line services throughout its eight-county service area. ...CABLESPAN system provides direct high-speed data connectivity to serve a host of applications, including residential access to the Internet, small office/home office (SOHO), corporate Intranet connectivity, and remote office/branch office (ROBO). investor.msn.com