News / Blog
08.04.14 - 07:00

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




ADVA Optical Networking SE / ADVA Optical Networking Ushers in New Era
of Timing Distribution and Assurance . Processed and transmitted by
NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the
content of this announcement.

Strategic Acquisition of Oscilloquartz SA Now Complete

Martinsried/Munich, Germany. April 8, 2014. ADVA Optical Networking
www.advaoptical.com announced today the successful completion of
its acquisition of Oscilloquartz SA www.oscilloquartz.com/home
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
www.advaoptical.com/en/products/timing-and-synchronization.aspx -
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: 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
public-relations(at)advaoptical.com

For Investors:

Karin Tovar

t +1 201 940 7212

investor-relations(at)advaoptical.com
investor-relations(at)advaoptical.com

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: ADVA Optical Networking SE via Globenewswire

HUG#1774803

--- End of Message ---

ADVA Optical Networking SE

Campus Martinsried, Fraunhoferstr. 9a Martinsried/Munich Germany

WKN: 510300;ISIN: DE0005103006;

Listed: Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg,

Freiverkehr in Börse Berlin,

Freiverkehr in Börse Düsseldorf,

Freiverkehr in Bayerische Börse München,

Freiverkehr in Niedersächsische Börse zu Hannover,

Prime Standard in Frankfurter Wertpapierbörse,

Regulierter Markt in Frankfurter Wertpapierbörse;


www.advaoptical.com

(END) Dow Jones Newswires

April 08, 2014 03:00 ET (07:00 GMT)

 

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