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Zhone Technologies Addresses Bandwidth Strain Caused by Mobile Devices at CTIA Wireless 2012(Thomson Reuters ONE (English) 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 Addresses Bandwidth Strain Caused by Mobile Devices at CTIA Wireless 2012 Global leader in fiber access solutions responds to the flood of mobile devices in the workplace and how to counter the growing bandwidth drain Oakland, CA - April 26, 2012 - Zhone Technologies, Inc. (NASDAQ: ZHNE), a global pioneer in FTTx network access solutions, today announced that it will be participating in CTIA Wireless 2012 in New Orleans, May 8-10, 2012 (booth #5213). During the conference, Brian Caskey, chief marketing officer of Zhone, will speak on the "Backhaul: Bandwidth to the Cell" panel (part of the Network Capacity & Convergence Track) to address how bandwidth-hungry devices are driving unprecedented demand for capacity at the cell site, and will review the new options for mobile backhaul. The presentation will take place on Wednesday, May 9, 2012, 2:45-3:45 p.m. CT. At the show, Zhone will also showcase its wireless infrastructure capabilities unveiling a new solution that helps companies effectively address the flood of mobile devices entering the workforce. "With mobile devices permeating consumers' lives - most recently in the workplace - corporate wireless networks are feeling the strain," Caskey said. "Juniper Research anticipates the market for cloud-based mobile applications will grow almost 90 percent from 2009 to 2014. In order to keep up with bandwidth demands and maintain consumer satisfaction, service providers and their customers are turning to fiber technology for speed, reliability and efficiency." Zhone's MXK platform is the cornerstone of the Zhone FiberHome(TM) and Zhone FiberCell(TM) solutions portfolios serving as core enablers for operators' broadband expansion efforts globally. For more information, please visit the Zhone website at www.zhone.com or booth #5213 at CTIA Wireless 2012. 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 inCalifornia and its products are manufactured in theUSA 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, 2011. 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 Thomson Reuters on behalf of Thomson Reuters 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 Thomson Reuters ONE [HUG#1606095] |