|Tuesday, 12 June 2012, 22:25 HKT|
Source: Zhone Technologies
|FTTH specialist appointed to influential board of directors|
Oakland, CA, June 12, 2012 - (ACN Newswire) - Zhone Technologies, Inc. (NASDAQ: ZHNE), a global leader in FTTx network access solutions, today announced Alfie Martin, independent FTTH market expert, has been chosen for the FTTH Council Africa board of directors. As a specialist in the design of integrated GPON-based triple-play networks and a consultant on the complete feasibility, design, product selection and implementation of FTTP deployments, Martin's knowledge and expertise will be a great asset to the board and also benefit the company in a rapidly growing market.
"The continued growth of the FTTH industry and the consistent growth of the FTTH Council Africa have resulted in us reviewing how we, as an industry organization, can best support the interests of our members," enthused Richard Came, president of FTTH Council Africa. "With that in mind, we embarked on the search to expand our existing board of directors. Our vision remains the same, and we value the efforts of every member that not only believes in the FTTH Council Africa, but also promote its interests on a daily basis. It is clear to us that Martin is just such an advocate, and we are delighted to welcome him to the board."
The board of directors will actively promote the fiber industry and will dedicate some of their time to engage on behalf of industry at all levels of public and private sector. The FTTH Council Africa believes that the development and deployment of fiber based broadband access networks will enhance the quality of life for South African citizens and Africa as a whole, and provide African countries with an infrastructure that will allow its companies to increase their effectiveness and competitiveness within the global marketplace. The council's charter is to educate Africa governments, policy makers and political leaders on why and how high speed fiber connectivity can be delivered to citizens within the next years.
"This appointment of Martin to the FTTH Council Africa is a symbol of our investment in all fiber markets," said Brian Caskey, chief marketing officer of Zhone. "Martin is considered to be one of the pioneers of FTTH networks in South Africa and was responsible for the design and implementation of the country's first pre-standards triple-play PON (Passive Optical Network) system in 2005. We are delighted he agreed to represent Zhone on this board as a voice for us and our customers in the FTTH market of Africa."
For information about Zhone's solutions or to learn about various applications, please visit the Zhone FiberHome(TM) or Zhone FiberCell(TM) portfolios on the Zhone website.
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.
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 and the Company's quarterly report on Form 10-Q for the quarter ended March 31, 2012. 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.
Edelman for Zhone Public Relations
Tel: +1 404.908.3186
Zhone Investor Relations
Tel: +1 510.777.7013
Fax: +1 510.777.7001
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Source: Zhone Technologies, Inc via Thomson Reuters ONE
Copyright (c) Thomson Reuters 2012. All rights reserved.
June 12, 2012
Topic: Press release summary
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