Zhone Technologies, Inc: Zhone Technologies Introduces MXK XG-PON1 Line Card at FTTH Stockholm 2014 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@example.com E: firstname.lastname@example.org Zhone Technologies Introduces MXK XG-PON1 Line Card at FTTH Stockholm 2014 Next generation XG-PON1 solution enables bandwidth speeds of up to 10 Gbps downstream and 2.5 Gbps upstream Oakland, CA - February 18, 2014 -Zhone Technologies, Inc.(NASDAQ: ZHNE), a global leader in FTTx network access solutions, today announced the introduction of the XG-PON1 Line Card for MXK. The card delivers up to 10 Gbps downstream and 2.5 Gbps upstream over a passive optical network, enabling service providers to deliver sophisticated applications and video services. Zhone will showcase the new solution at FTTH Stockholm 2014, February 18-20, 2014 (booth S33). Offerings such as online gaming, interactive E-learning, remote medical services, and Ultra HD TV are rapidly increasing bandwidth demand. GPON provides one of the most cost-effective ways for operators to deploy fiber-based services to the home or business. The MXK platforms' non-blocking architecture and intelligent processing enable GPON networks to deliver uncompromising quality for the full range of triple-play services. "Zhone's newest XG-PON1 line card is in preliminary test and trials with our customers now," said Brian Caskey, chief marketing officer at Zhone Technologies. "The new line card's scalable design helps service providers meet challenging and future demands on access networks. As Zhone's MXK continues to evolve with the needs of service providers delivering fiber services, the new line card helps to further position our customers, MXK and Zhone for the future in optical networking. Zhone's FiberHome portfolio brings together a diverse combination of products and solutions that enable service providers to offer the advanced broadband services customers desire." Zhone's MXK intelligent terabit access concentrator reflects a clean-sheet approach to multi-service architecture. Each of Zhone's solutions, including its MXK platforms, provide business and residential customers with unique fiber solutions that expand service offerings and increase value through future opportunity for network enhancement. For residential triple play and high-bandwidth business services over any FTTx architecture, the MXK solution sets a new performance benchmark. For more information about Zhone's FiberHome portfolio or to learn more about the XG-PON1 Line Card, please visitwww.zhone.comor visit the company's booth (#S33) atFTTH Stockholm 2014, February 18-20, 2014. Zhone will be displaying the new next generation PON card in their MXK at the show. 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 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, 2012 and the Company's quarterly report on Form 10-Q for the quarters ended March 31, 2013, June 30, 2013 and September 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. ### ------------------------------------------------------------------------------ This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX 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: Zhone Technologies, Inc via Globenewswire HUG#1762542
Zhone Technologies, Inc: Zhone Technologies Introduces MXK XG-PON1 Line Card at FTTH Stockholm 2014
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