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Zhone Technologies Partners with Fujitsu in Creating a Fiber Optic Network for Kit Carson Electric Cooperative(Thomson Reuters ONE Via Acquire Media NewsEdge) Contacts Aurora Arlet Zhone Investor Relations Edelman for Zhone Public Relations Tel: +1 510.777.7013 Tel: +1 404.460.8578 Fax: +1 510.777.7001 E: [email protected] E: [email protected] Zhone Technologies Partners with Fujitsu in Creating a Fiber Optic Network for Kit Carson Electric Cooperative Zhone's products enable gigabit broadband services for rural counties in Northern New Mexico Oakland, CA -July 9, 2014- Zhone Technologies, Inc. (NASDAQ: ZHNE), a global leader in FTTx network access solutions, has partnered with Fujitsu Network Communications, Inc., in the development of a Fiber-to-the-Home (FTTH) Network for Kit Carson Electric Cooperative (KCEC). As the network systems integrator with overall project management responsibility, Fujitsu worked with KCEC to select Zhone for its ability to meet the standards of the FCC's National Broadband Plan, delivering affordable high-speed broadband service in excess of 100 Mbps to residents and 1 gigabit per second broadband service to anchor institutions like schools, hospitals and government offices. Using Zhone's MXKs and zNIDs, the GPON network will connect 29 communities comprised of roughly 24,000 households and businesses, 183 critical community institutions, and two Native American pueblos within a 2,951 square mile underserved area in the Taos, Colfax and Rio Arriba counties in Northern New Mexico. The entire area will be serviced with the new fiber network and is proposed to be built in four phases, to be completely built out in approximately two years. "Kit Carson Electric Cooperative will use the new fiber network to bring high- speed broadband to rural New Mexico, and connect regional institutions such as schools and hospitals," said Brian Caskey, chief marketing officer at Zhone Technologies. "The network will enable affordable connectivity in previously unserved or underserved areas, providing advanced broadband services that consumers desire." The fiber optic network will span 2,400 miles along KCEC's existing electric distribution right-of-way. The company will also construct a secure network facility within its existing corporate headquarters. The first phase will include four sites with four MXKs and 1,500 zNID-GPON-4220 set to reach 5,900 homes, with a goal of reaching 19,000 homes over the next two years. In addition to video, voice and data, the fiber network will also enable "Smart Grid" technologies like Substation Automation (SA) and advanced metering infrastructure (AMI) technology. "As the network systems integrator, we're thrilled to have Zhone provide the last mile access solution that will give Kit Carson Electric Cooperative's members and broadband providers a reliable, resilient and high-speed fiber network with the required bandwidth to satisfy their needs," said Greg Manganello, senior vice president and head of services, Fujitsu Network Communications. "Zhone's FTTH products were selected because they met this project's selection criteria for future-proofing, security, interoperability and management." Zhone's MXK platform is a fully redundant, carrier-grade all-IP platform and the industry's first terabit access concentrator. Featuring industry-leading density, scalability and switching capacity, the MXK provides non-blocking capacity of up to 3,600 100 Mbps GPON subscribers or 360 1G Active Ethernet subscribers. Zhone continues to provide innovative access solutions, delivering voice, video and data services over copper and fiber. For more information on Zhone's FiberHome(TM) portfolio please visit http://www.zhone.com. About Zhone Technologies Zhone Technologies, Inc. (NASDAQ: ZHNE) is a global leader in all IP multi- service access solutions, serving more than 750 of the world's most innovative network operators. The IP Zhone is the only solution that enables service providers to build the network of the future.today, supporting end-to-end Voice, Data, Entertainment Social Media, Business, Mobile Backhaul and Mobility service. Zhone is committed to building the fastest and highest quality All IP Multi-Service solution for its customers. Zhone is headquartered in California and its products are manufactured in the USA in a facility that is emission, waste-water and CFC free. Zhone, the Zhone logo, and all Zhone product names are trademarks of Zhone Technologies, Inc. Other brand and product names are trademarks of their respective holders. Specifications, products, and/or product names are all subject to change without notice. Forward-Looking Statements This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "goal," "intend," "may," "plan," "project," "seek," "should," "target," "will," "would," variations of such words, and similar expressions are intended to identify forward-looking statements. In addition, forward-looking statements include, among others, statements that refer to financial estimates; projections of revenue, margins, expenses or other financial items. Readers are cautioned that actual results could differ materially from those expressed in or contemplated by the forward-looking statements. Factors that could cause actual results to differ include, but are not limited to, commercial acceptance of the Company's products; intense competition in the communications equipment market; the Company's ability to execute on its strategy and operating plans; and economic conditions specific to the communications, networking, internet and related industries. In addition, please refer to the risk factors contained in the Company's SEC filings available at www.sec.gov, including without limitation, the Company's annual report on Form 10-K for the year ended December 31, 2013 and the Company's quarterly report on Form 10-Q for the quarter ended March 31, 2014. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. The Company undertakes no obligation to update or revise any forward-looking statements for any reason. ### This announcement is distributed by GlobeNewswire on behalf of GlobeNewswire clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Zhone Technologies, Inc via GlobeNewswire [HUG#1819031] |