Zhone Technologies, Inc. (NASDAQ:ZHNE), a global leader in FTTx network access solutions, today announced the immediate availability of its new zNID 24xx GE Optical Network Terminals (ONTs). The new Active Ethernet indoor ONTs, part of the zNID 24xx series indoor ONTs, provide a cost-efficient, high performance solution for delivering high bandwidth services. Zhone will showcase the new family of zNID indoor ONTs at TelcoTV 2011 in New Orleans, Oct. 25-27, 2011. “Following the launch of the zNID GPON indoor ONTs last month, we are pleased to introduce our new zNID Active Ethernet indoor ONTs,” said Brian Caskey, chief marketing officer of Zhone. “We understand the increased competition, pricing pressures and budget limitations faced by our customers. On the other hand, the demands for high bandwidth services and applications keep growing. Understanding this position and leveraging our deep industry experience, we continue to provide robust, cost efficient FTTx products and solutions that differentiate the offerings of our customers globally. The new series of zNID Active Ethernet ONTs provide a highly competitive price point while providing a future-proof solution for complex media-rich applications.” Zhone’s zNID Active Ethernet indoor ONT portfolio is designed to meet the needs of the bandwidth intensive services being deployed to homes and businesses today, and in the future. Integrating and leveraging the Zhone Management System (ZMS™) and Zhone EZ Touch Provisioning System™, the new indoor ONTs are ideal for distances up to 20 kms, provide multiple POTS and GE port options, WiFi and IP Video support, wire-speed bridging and routing functionality and can be conveniently deployed on the desktop or wall-mounted. The new zNID GE/AE 24xx family includes the following three products, all providing Active Ethernet, targeted at the indoor residential market segment:
- ZNID-GE-2402: 2 GE LAN ports
- ZNID-GE-2424: 4 GE LAN ports
- ZNID-GE-2426: 2 POTS ports, 4 GE LAN ports, 802.11n WiFi, USB
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.