ADVA Optical Networking Ushers in New Era of Timing Distribution and Assurance

ADVA Optical Networking Ushers in New Era of Timing Distribution and Assurance  Strategic Acquisition of Oscilloquartz SA Now Complete  MARTINSRIED/MUNICH, Germany, April  8, 2014 (GLOBE  NEWSWIRE) -- ADVA  Optical  Networking announced today  the successful  completion of  its acquisition  of  Oscilloquartz SA from the Swatch Group.  The acquisition is a major  milestone  for ADVA  Optical Networking  as it  continues its  rapid expansion  into  the  synchronization business. The acquisition now provides ADVA Optical Networking with a complete end-to-end solution for  the delivery and assurance of  highly  accurate timing - a first within the industry. This end-to-end solution is  of  vital importance to an  increasingly broad market. It's  not only critical  in  the development  of mobile  broadband networks  but also  to a  wide range  of  enterprises,  including   financial  organizations,   utility  companies   and  government institutions.  "There can be no question  that timing delivery and  assurance will be one  of  the most important technologies  in our industry, in  our networks," said  Gil  Biran, senior vice president, Corporate Development and Strategy, ADVA Optical Networking and  designated  management  leader,  Oscilloquartz.  "It  will  be  crucial to the development and, ultimately, the success of so many businesses, especially for mobile network operators seeking to leverage the  opportunities  of TD-LTE and LTE-Advanced (LTE-A).  With the acquisition of Oscilloquartz  we  have a unique advantage over anyone  else in the industry. The scalability  of  our solution from the core  to the last mile of  the network, the accuracy  of  our clock recovery and the  experience of our team  is second to none.  Timing  distribution and assurance is an end-to-end technology and not just needed  in  the core or at the edge of a network. Our combined solution is a game changer, a true competitive edge."  To be fully integrated into  ADVA Optical Networking's Syncjack(TM)  solution,  Oscilloquartz' technology  provides a  unique  differentiator. It's  the  most  established within the industry and has gathered a significant footprint  over  its long history. However, the  unique integration of ADVA Optical  Networking  and  Oscilloquartz  immediately  opens  up  major  new  business  and  revenue  opportunities. What's more,  these opportunities are  only going to  increase,  fueled by the transition to packet-based network infrastructure. Consider  the  evolution  of  mobile  backhaul  or  the  development  of  synchronization  in  enterprise networks. We're at the very start of critical network developments. The next  few  years will  clearly  highlight  the strategic  vision  of  this  acquisition.  "Accurate delivery and assurance  of timing is required  for the evolution  of  mobile broadband networks from 3G  to LTE to LTE-A and  TD-LTE and on to 5G  -  smooth cell-to-cell handoffs in dense  small cell environments or fast  moving  cars and trains will not work  without it," stated Michael Howard,  co-founder  and principal analyst,  Infonetics Research. "It's  about time:  Oscilloquartz  has been a pioneer and key player in atomic clocks, timing and synchronization for decades. The addition of Oscilloquartz to ADVA Optical Networking forms  a  strong team  that addresses  all timing  and synchronization  areas of  packet  networks."  Watch ADVA Optical Networking's new video on AnyCell(TM) Connectivity to learn more: http://adva.li/anycellvideo.  About ADVA Optical Networking At ADVA Optical  Networking we're  creating new  opportunities for  tomorrow's  networks,  a   new   vision   for   a   connected   world.   Our   intelligent  telecommunications hardware,  software  and  services have  been  deployed  by  several hundred service providers and thousands of enterprises. Over the  past  twenty years, our innovative connectivity  solutions have helped to drive  our  customers' networks forward, helped to drive their businesses to new levels of success. We forge close working relationships with all our customers. As  your  trusted partner we ensure  that we're always ready  to exceed your  networking  expectations. For more information on our products and our team, please  visit  us at: www.advaoptical.com.  Published By: ADVA Optical Networking SE, Martinsried/Munich and Meiningen, Germany www.advaoptical.com  For Press: Gareth Spence t +44 1904 699 358 public-relations(at)advaoptical.com  For Investors: Karin Tovar t +1 201 940 7212 investor-relations(at)advaoptical.com  HUG#1774803  
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