Zhone Technologies Joins Open Networking Foundation, Investing in Standards for Next Generation SDN Network Innovations
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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: aurora.arlet(at)edelman.com E: investor-relations(at)zhone.com
Zhone Technologies Joins Open Networking Foundation, Investing in Standards for
Next Generation SDN Network Innovations
Zhone joins forces with leading innovators for the promotion and adoption of SDN
through open standards development
Oakland, CA - October 2, 2013 - Zhone Technologies, Inc. (NASDAQ: ZHNE), a
global leader in FTTx network access solutions, today announced its membership
in the Open Networking Foundation (ONF). ONF, formed in March 2011, is a user-
driven organization dedicated to accelerating the adoption of open Software-
Defined Networking (SDN). Zhone will work alongside 90+ member companies
including global giants and startups with a variety of expertise, bringing
together diverse perspectives from silicon to systems and software to computing
for a variety of users.
SDN is a new approach to networking where network control is directly
programmable. This results in an extremely dynamic, cost-effective and adaptable
architecture that gives administrators unparalleled programmability, automation
and control.Implementing SDN through an open standard allows impressive agility
while reducing service development and operational costs for providers.
"The Open Networking Foundation believes that end-user needs should drive SDN
standards, and we are especially happy to see new domains of end-user operation
adopting open SDN," said Dan Pitt, executive director of ONF. "Organizations
need to achieve better business value from today's networks. They require a
standards-based approach to SDN that will allow them to simplify networking
operation, tailor networking to business objectives, and operate heterogeneous
multi-party networks that free them from networking-vendor lock-in."
ONF's development process is open and collaborative, driven from the perspective
of the end-user. ONF is the steward of the OpenFlow(TM) standard, the first and
only vendor-neutral, standard communications interface between the control and
forwarding layers of an SDN architecture. The OpenFlow standard supports traffic
steering which allows more efficient use of network resources. It helps
enterprises and service providers alike improve their OPEX savings by
provisioning and managing their own services. It is programmable and a uniform
Cloud API supports the transition of carrier services to the cloud. ONF
continues to evolve OpenFlow to ensure that the benefits of SDN continue to
expand.
"Operators have long sought the freedom and flexibility that Software-Defined
Networks bring," said Brian Caskey, chief marketing officer at Zhone
Technologies. "Zhone Technologies continues to analyze SDN requirements, while
evolving and maturing its commitment to the OpenFlow Standard and other evolving
SDN standards to address the needs of its commercial and service provider
customers and their deployments on a global basis."
It is clear that SDN has practical value for a wide range of networks, but
carriers want to understand how to take advantage of SDN and also leverage their
current CAPEX investments. There are three approaches that carriers can take
when looking to transition to SDN: overlaying SDN in an existing network,
setting up a new service offering based on OpenFlow and deploying SDN and
OpenFlow into the company's IT organization to streamline data center
operations.
For more information on ONF, please visit its website at
https://www.opennetworking.org/. For more information on Zhone Technologies,
please check out Zhone's FiberHome Portfolio at 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
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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, 2012 and the Company's
quarterly report on Form 10-Q for the quarters ended March 31, 2013 and June
30, 2013. 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.
###
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Source: Zhone Technologies, Inc via Thomson Reuters ONE
[HUG#1732966]
Unternehmensinformation / Kurzprofil:
Datum: 02.10.2013 - 15:06 Uhr
Sprache: Deutsch
News-ID 302223
Anzahl Zeichen: 7814
contact information:
Town:
Oakland, California
Kategorie:
Business News
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