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Press Release
CIENA Signs Reseller Agreement with Laurel
Networks
Encompasses Worldwide Marketing,
Sales and Support of Laurel's ST200 Service Edge Routers
September 10, 2003 - Linthicum, MD and Pittsburgh,
PA CIENA® Corporation (NASDAQ:
CIEN), a leading global provider of innovative network solutions,
today announced that the company has entered into a reseller agreement
to market, sell and support Laurel Networks' flagship ST200
Service Edge Router to service providers worldwide. Under the
terms of the agreement, CIENA also will integrate Laurel's ST200
into its LightWorks ON-Center® Management Suite.
Supporting CIENA's LightWorks Services portfolio
strategy, the partnership between CIENA and Laurel further enhances
CIENA's comprehensive set of network solutions designed to help
service providers capitalize on data and traditional service markets
with efficiency and profitability.
"Under this partnership, Laurel brings world-class
edge routing to CIENA's LightWorks Services initiative,"
said Gary Smith, president and CEO of CIENA. "By building
strategic partnerships with providers such as Laurel Networks,
we continue to enhance our innovative solutions, automating and
converging service-provider networks for profitable growth of
existing and emerging services."
"Our partnership with CIENA is a critical part of Laurel's
plan to rapidly grow market penetration in key global markets,"
said Atul Bansal, president and CEO of Laurel Networks. "CIENA
has a strong portfolio, a great reputation in the industry, and
an aggressive team committed to delivering data solutions."
Laurel's ST200 Service Edge Router further extends the reach of
CIENA's LightWorks portfolio and complements CIENA's existing
Layer 2 multiservice switching solutions with a Layer 3 implementation
of IP/MPLS networking. With Laurel's ST200 in its portfolio, CIENA
will be able to offer service providers an integrated solution
that supports a variety of services over an efficient, unified
MPLS infrastructure.
About the ST200 Service
Edge Router
The flagship product of Laurel Networks, the ST200
Service Edge Router is the only router designed from the ground
up with the features required at the edge of a service provider
IP/MPLS backbone. The ST200 combines Internet-class routing, complete
multi-service support, integrated service management and unprecedented
architecture flexibility to support current and evolving service
provider requirements - all at wire speed.
About CIENA
CIENA Corporation delivers innovative
network solutions to the world's largest service providers, increasing
the cost-efficiency of current services while enabling the creation
of new carrier-class data services built upon the existing network
infrastructure. Additional information about CIENA can be found
at www.ciena.com.
About Laurel Networks
Laurel Networks is leading the
creation of The New Service Delivery Architecture to enable profitable
delivery of data and IP services at the edge of carrier IP/MPLS
networks. Laurel's service edge routers and service management
software are evolving carrier architectures from multiple data
networks to a single packet-switched architecture with minimal
capital investment. Combining carrier-class routing, data switching,
advanced QoS and high availability, Laurel service edge routers
support both routed and switched services. This unmatched service
agility allows carriers to evolve their service portfolio to meet
changing market requirements. Laurel Networks was founded in 1999
and is headquartered in Pittsburgh, Pennsylvania. For more information,
visit www.laurelnetworks.com.
NOTE TO INVESTORS
This press release contains certain forward-looking statements
based on current expectations, forecasts and assumptions of CIENA
(the Company) that involve risks and uncertainties. Forward-looking
statements in this release, including but not limited to the features
and benefits of CIENA's products, 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 in such forward-looking
statements, due to risks and uncertainties associated with the
Company's business, which include the risk factors disclosed in
the Company's Report on Form 10-Q filed with the Securities and
Exchange Commission on August 21, 2003. Forward-looking statements
include statements regarding the Company's expectations, beliefs,
intentions or strategies regarding the future and can be identified
by forward-looking words such as "anticipate," "believe,"
"could," "estimate," "expect," "intend,"
"may," "should," "will," and "would"
or similar words. The Company assumes no obligation to update
the information included in this press release, whether as a result
of new information, future events or otherwise.
Contacts:
CIENA Corporation
Aaron Graham/Denny Bilter
877.857.7377
pr@ciena.com
Laurel Networks, Inc.
Kimberly Booth
412.809.4298
kbooth@laurelnetworks.com
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