Zhone Technologies, Inc. (NASDAQ:ZHNE), a global leader in FTTx network access solutions, today announced the immediate availability of its new zNID 24xx GPON Optical Network Terminals (ONTs). As part of ongoing efforts to increase cost efficiency and service differentiation, these new indoor zNID GPON ONTs with rich features and functionality are optimal for both Greenfield and expansion FTTx networks globally, and leverage features and best-in-class performance delivered by Zhone’s widely deployed 42xx series outdoor zNIDs. Zhone will showcase the new zNID ONTs at the FTTH Conference in Orlando, Fla., Sept. 26-30, 2011 and at Broadband World Forum 2011 in Paris, France, Sept. 27-29, 2011. “Zhone continues to leverage its deep experience in managing the complexity of multi-service access to build the industry's most comprehensive portfolio of FTTx customer premise equipment for GPON and Active Ethernet standards,” emphasized Brian Caskey, chief marketing officer of Zhone. “We believe ongoing product expansion, including the latest zNID GPON ONTs and the newly announced MXK 194 and MXK 198 1U GPON OLTs, will enhance Zhone’s leadership position in the industry and highlight our continued focus towards technology innovation. As the industry leverages high-bandwidth fiber, Ethernet and advanced copper connectivity to enrich user experience, Zhone is committed to introducing high performance FTTx products and solutions that will continue to differentiate the offerings of our customers globally. The new series of zNIDs provide a highly competitive price point while providing a compelling solution for complex triple-play applications.” With converged multi-service solutions for home and business needs, the new product line integrates and leverages Zhone’s FTTx product portfolio including Zhone MXK™, Zhone Management System (ZMS™) and Zhone EZ Touch Provisioning System™. The new zNID 24xx indoor residential ONT products, with support for the ITU-T G.984.5 enhancement band standard and built in wavelength blocking filters, ensure that service provider networks are next-generation GPON-ready. The new zNID GPON 24xx family now includes the following six products, all providing GPON uplinks, targeted at the indoor residential market segment:
- ZNID-GPON-2402: 2 GE LAN ports
- ZNID-GPON-2403: 2 GE LAN ports, RF Video
- ZNID-GPON-2424: 2 POTS ports, 4 GE LAN ports
- ZNID-GPON-2425: 2 POTS ports, 4 GE LAN ports, RF Video
- ZNID-GPON-2426: 2 POTS ports, 4 GE LAN ports, WiFi, USB
- ZNID-GPON-2427: 2 POTS ports, 4 GE LAN ports, WiFi, USB, RF Video
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, 2010 and the Company’s quarterly reports on Form 10-Q for the quarters ended March 31, 2011, and June 30, 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.