Verizon Purchases Corning(R) ClearCurve(TM) Cable Solution Following Successful Field Trials
07 Fevereiro 2008 - 7:01PM
Business Wire
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.
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