OAKLAND, Calif., Jan. 13, 2015 /PRNewswire/ -- Zhone Technologies, Inc. (NASDAQ: ZHNE), a global leader in the fiber access market, today announced a new FTTx deployment with ICConnex, a Division of Internet Colorado, LCC. Through a strategic partnership with Team Telecom, Zhone's equipment will enable Internet Colorado to provide high-end and secure network services at affordable prices, saving customers money and giving them mobility outside their homes or businesses while operating on the same secure and encrypted network used for their landline connections.
Residential and business customers in Gunnison, Colo. will now have access to the advanced broadband-based services they desire at the speeds they need. Internet Colorado/ICConnex's new network, complete with Zhone Active Ethernet OLT and ONT's, along with Ruckus Wireless Mesh wireless access points, will provide an economic boost for the city, establishing necessary bandwidth speeds and ensuring the communications dollars are kept within the City of Gunnison, instead of being sent to other states.
"The biggest challenge to building the new fiber/wireless network was the installation, since it's difficult to build a network of this magnitude and keep it affordable and on an efficient timeline for both the fiber and wireless deployments," said Michael Fischer, senior vice president of sales for the Americas, Zhone Technologies. "Through our partnership with Team Telecom, we were able to provide Internet Colorado/ICConnex with a unique fiber solution to mirror big city connectivity within the Colorado mountain town."
Using the new fiber/wireless network, subscribers can have multiple devices connected to the same private network, and trust that the communications are completely secure and encrypted. Currently, bandwidth starts at 7MB and goes to 70MB on wireless and as high as 1200MB on fiber. Switches have been placed in alleys, supplying homes and businesses with dedicated access, and access points were placed every 320 feet, providing a flawless mobile wireless network experience.
"We've been told by customers that you get what you pay for," said Jason Swenson, owner of Internet Colorado. "The fiber network that Zhone was able to create for us is 700 times faster than options previously available to Gunnison residents and business owners. It's a luxury that has never before been offered to customers and we are excited to be able to meet their demands for increased bandwidth."
"Zhone's products are strong, powerful and affordable for a reliable fiber to the X delivery," said Michelle Hibbett, part owner of Team Telecom. "The staff was great to work with and they were able to stand behind the true quality of their products, while making sure the deployment was as efficient as possible."
Zhone continues to provide innovative access solutions, delivering voice, video and data services over copper and fiber. For more information on Zhone's FiberHome™ portfolio please visit www.zhone.com.
About Zhone Technologies
Zhone Technologies, Inc. (NASDAQ: ZHNE) is a global leader in the fiber access market, 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, wastewater 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, 2013 and the Company's quarterly reports on Form 10-Q for the quarters ended March 31, 2014, June 30, 2014 and September 30, 2014. 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.
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SOURCE Zhone Technologies, Inc.
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