Corning's Latest Cabling Innovation Honored by 2017 Lightwave Innovation Reviews Program
(Thomson Reuters ONE) -
CORNING, N.Y., March 14, 2017 - Corning Incorporated (NYSE:GLW) today announced
that it was recently recognized by the 2017 Lightwave Innovation Reviews for its
MiniXtend(®) cable with binderless* FastAccess(®) technology.
Presented annually by Lightwave, the Lightwave Innovation Reviews program
distinguishes top products and solutions available within the optical networking
industry as determined by a panel of third-party judges. Judges include industry
executives and analysts from a wide variety of service providers, technology
developers, industry analysts, and journalists.
The recognized MiniXtend cables combine Corning's micro cabling solution with
its time-saving binderless FastAccess technology. Designed for installation in
microduct systems using air-assisted installation methods, the cables are up to
50 percent smaller than standard loose-tube cables and offer high fiber counts
in a small footprint. FastAccess technology is a groundbreaking innovation in
cable design that eliminates the use of a binder, waterblocking yarns, and
waterblocking tapes. It also enables up to 70 percent faster cable access and
reduced risk of buffer tube damage.
"On behalf of the Lightwave Innovation Reviews, I would like to congratulate
Corning on their score," said Rob Stuehrk, Lightwave Group publisher. "The
judges noted the MiniXtend cable's small diameter was particularly noteworthy
and beneficial to users. And, one of the judges commented that duct space is
rapidly vanishing, in no small part because installing new duct is becoming cost
- and regulation - prohibitive. The ability to fit 144 fibers into 8.1mm bodes
well for the MiniXtend cable and, of course, for the organizations that use it."
"Corning has once again developed a notable product that facilitates
installation in this growing market, and Lightwave is proud to have played a
part in its recognition," Stuehrk added.
"We are excited to receive this honor, and especially proud that such a
distinguished panel of judges recognizes the value our MiniXtend cable
provides," said John Igel, vice president and general manager, Corning Optical
Fiber and Cable. "We look forward to providing our customers with even more
groundbreaking products, helping to address the tough challenges they see
daily."
Corning will highlight its latest fiber and cabling innovations, including the
newest enhancement to the award-winning MiniXtend product family and FastAccess
technology portfolio, at the 2017 Optical Networking and Communication
Conference & Exhibition (OFC), March 21-23 in Los Angeles.
Forward-Looking and Cautionary Statements
This press release contains "forward-looking statements" (within the meaning of
the Private Securities Litigation Reform Act of 1995), which are based on
current expectations and assumptions about Corning's financial results and
business operations, that involve substantial risks and uncertainties that could
cause actual results to differ materially. These risks and uncertainties
include: the effect of global political, economic and business
conditions; conditions in the financial and credit markets; currency
fluctuations; tax rates; product demand and industry capacity; competition;
reliance on a concentrated customer base; manufacturing efficiencies; cost
reductions; availability of critical components and materials; new product
commercialization; pricing fluctuations and changes in the mix of sales between
premium and non-premium products; new plant start-up or restructuring costs;
possible disruption in commercial activities due to terrorist activity, armed
conflict, political or financial instability, natural disasters, adverse weather
conditions, 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; retention of key personnel;
stock price fluctuations; and adverse litigation or regulatory
developments. These and other risk factors are detailed 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.
Digital Media Disclosure
In accordance with guidance provided by the SEC regarding the use of company
websites and social media channels to disclose material information, Corning
Incorporated ("Corning") wishes to notify investors, media, and other interested
parties that it intends to use its website
(http://www.corning.com/worldwide/en/about-us/news-events.html) to publish
important information about the company, including information that may be
deemed material to investors. The list of websites and social media channels
that the company uses may be updated on Corning's media and website from time to
time. Corning encourages investors, media, and other interested parties to
review the information Corning may publish through its website and social media
channels as described above, in addition to the company's SEC filings, press
releases, conference calls, and webcasts.
About Corning Incorporated
Corning (www.corning.com) is one of the world's leading innovators in materials
science. For more than 160 years, Corning has applied its unparalleled expertise
in specialty glass, ceramics, and optical physics to develop products that have
created new industries and transformed people's lives. Corning succeeds through
sustained investment in R&D, a unique combination of material and process
innovation, and close collaboration with customers to solve tough technology
challenges. Corning's businesses and markets are constantly evolving. Today,
Corning's products enable diverse industries such as consumer electronics,
telecommunications, transportation, and life sciences. They include damage-
resistant cover glass for smartphones and tablets; precision glass for advanced
displays; optical fiber, wireless technologies, and connectivity solutions for
high-speed communications networks; trusted products that accelerate drug
discovery and manufacturing; and emissions-control products for cars, trucks,
and off-road vehicles.
About Lightwave
For more than 30 years, Lightwave (www.lightwaveonline.com) has delivered
trusted technical, application and business insights to senior-level decision
makers for optical communications worldwide. Lightwave serves technology
vendors, communications carriers and major enterprises with a complete and
nuanced picture of the optical communications business environment. Lightwave is
a valued information source for information related to FTTx, networking,
equipment design, MSO optics, and test and measurement for corporate executives,
department heads, project managers, network engineers and others making
strategic decisions that are critical to the success of their businesses.
Lightwave is a unit of PennWell Corporation.
About the 2017 Lightwave Innovation Reviews
The Lightwave Innovation Reviews is in its fourth year of recognizing and
celebrating the industry's most unique products and solutions that help optical
communications professionals worldwide drive improvements and innovation in
optical technology. Executives at Ciena, Intel, Lumentum, LightCounting Market
Research, and Adva were among the third-party judges for the 2017 Innovation
Reviews. Criteria used in the Innovation Reviews rankings include, first and
foremost, unique technology or application thereof, innovation, ease of use,
efficiency, reliability and contribution to profitability.
*Corning's proprietary binderless FastAccess technology refers to the
combination of a Corning FastAccess technology jacket with an innovative
technology used to bind cable construction through the manufacturing process
eliminating the use of binder yarns and waterblocking tapes to greatly expedite
and de-risk the cable access procedure.
Corning Optical Communications Contact:
Justin Nicolette
(828) 901-6994
nicolettj(at)corning.com
Media Relations Contact:
Joe Dunning
(607) 974-5006
dunningjm(at)corning.com
Investor Relations Contact:
Ann H.S. Nicholson
(607) 974-6716
nicholsoas(at)corning.com
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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Corning Incorporated via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 14.03.2017 - 13:30 Uhr
Sprache: Deutsch
News-ID 530093
Anzahl Zeichen: 9642
contact information:
Town:
Corning
Kategorie:
Business News
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"Corning's Latest Cabling Innovation Honored by 2017 Lightwave Innovation Reviews Program"
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