GLW Corning Inc

Corning Incorporated (NYSE: GLW) today announced that Verizon Communications Inc. has purchased Corning�s ClearCurve� rugged drop cable solution as part of the telecommunications company�s effort to roll out its FiOS services. Corning�s ClearCurve product suite helps overcome the installation challenges in multiple-dwelling units (MDUs) by providing a bend-resistant fiber optimized for the strenuous deployment conditions in apartment buildings and condominium complexes. Verizon qualified the ClearCurve technology as an optimal solution for MDU applications following a successful series of field trials. �This is the year that Verizon moves into high gear in deploying FiOS TV and FiOS Internet to apartment buildings, condos and similar multiple dwelling units,� said Claire Beth Nogay, senior vice president and chief network officer for Verizon Telecom. �Corning�s bendable optical fiber cable is particularly valuable in the tight spaces typical of these sorts of buildings. ClearCurve rugged drop cable is an initial product in what promises to be a family of specialized bendable fiber products we expect to use across our network going forward.� The ClearCurve fiber solution is hundreds of times more bendable than standard single-mode fiber. Featuring Corning�s breakthrough nanoStructures� technology, ClearCurve optical fiber can be bent around very tight corners with virtually no signal loss while maintaining backward compatibility. The robust design of ClearCurve rugged drop cable enables it to be handled in any way that copper communication cables are handled, such as pulling through wall studs and stapling to wood. For detailed Corning product information, visit www.corning.com/clearcurve. �With more than 25 million apartment buildings in the United States, the MDU market represents a tremendous opportunity for telecommunications carriers,� said Peter F. Volanakis, president and chief operating officer, Corning Incorporated. �We�re excited to associate with companies like Verizon to deliver breakthrough solutions that enable them to provide their customers with near-infinite bandwidth.� Verizon was the first major carrier certified by the Fiber-to-the-Home Council as providing all fiber-optic services directly to the home, including the FiOS Internet and FiOS TV services. About Corning Incorporated Corning Incorporated (www.corning.com) is the world leader in specialty glass and ceramics. Drawing on more than 150 years of materials science and process engineering knowledge, Corning creates and makes keystone components that enable high-technology systems for consumer electronics, mobile emissions control, telecommunications and life sciences. Our products include glass substrates for LCD televisions, computer monitors and laptops; ceramic substrates and filters for mobile emission control systems; optical fiber, cable, hardware & equipment for telecommunications networks; optical biosensors for drug discovery; and other advanced optics and specialty glass solutions for a number of industries including semiconductor, aerospace, defense, astronomy and metrology. Forward-Looking and Cautionary Statements This press release contains forward-looking statements that involve a variety of business risks and other uncertainties that could cause actual results to differ materially. These risks and uncertainties include the possibility of changes in global economic and political conditions; currency fluctuations; product demand and industry capacity; competition; manufacturing efficiencies; cost reductions; availability of critical components and materials; new product commercialization; changes in the mix of sales between premium and non-premium products; new plant start-up costs; possible disruption in commercial activities due to terrorist activity, armed conflict, political instability or major health concerns; adequacy of insurance; equity company activities; acquisition and divestiture activities; the level of excess or obsolete inventory; the rate of technology change; the ability to enforce patents; product and components performance issues; stock price fluctuations; and adverse litigation or regulatory developments. Additional risk factors are identified in Corning�s filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the day that they are made, and Corning undertakes no obligation to update them in light of new information or future events.