DZS Press Releases

Zhone Technologies’ FiberLAN Helps Bank Improve Customer Connectivity

Zhone Technologies’ FiberLAN Helps Bank Improve Customer Connectivity

Tennessee Bank chooses Zhone solutions for increased security and reduced costs

Oakland, Calif. Feb. 10, 2015— Zhone Technologies, Inc. (NASDAQ: ZHNE), a global leader in the fiber access market, and Qypsys, a premier infrastructure integrator, today announced a new FiberLAN deployment with SouthEast Bank, located in Farragut, Tenn. Through strategic partnerships with TE Connectivity and Taylor Telecom Solutions, Zhone’s equipment will enable SouthEast Bank’s customers to access its services over super-fast fiber optic Internet through a secure, cost-efficient and greener alternative, FiberLAN technology.

In an era where technology has emerged as a solution to improve customer service and operational efficiency, it’s important for banks to constantly look for ways to improve their services. According to Gartner, the banking and financial services industry is close to the top of the IT spend list. Knowing that providing great customer service is important, SouthEast Bank looked to Zhone and TE Connectivity to help them build an advanced network at an affordable cost. One of the bank’s biggest concerns was saving space. Zhone’s FiberLAN was the perfect solution to fulfill their needs since it provides up to a 90 percent reduction in floor and rack space, optimizing the architecture.

“SouthEast Bank wanted to build a network infrastructure that would sustain business growth over the next 20 years while reducing physical space, electricity consumption and heat dissipation from the network,” said Jeff Gibbs, chief information officer at SouthEast Bank. “Zhone’s GPON allowed us to reduce space to one data room with no additional impact on cooling costs, while TE Connectivity’s shielded 6-strand fiber ensured our building is adaptable with no need for additional network runs.”

“Zhone, TE Connectivity and Qypsys worked with SouthEast Bank to identify the best solutions to improve their network capabilities for banking customers and prepare it for future adaptations,” said Monique Apter, vice president, FiberLAN at Zhone Technologies. “Zhone is dedicated to creating innovative products, such as FiberLAN, that meet the unique needs of customers in a wide range of industries, including banking, and help to improve services and operations for its customers.”

Zhone’s Fiber-based LAN is a high-performance, high-density GPON-based Passive Optical LAN solution delivering high speed data, voice and video to multi-level, multi-unit commercial and industrial complexes, including hotel rooms, bandwidth demanding desktops and work-stations. It can be deployed in offices, rooms, factories or other harsh industrial environments, delivering comprehensive connectivity for any Local Area Networking requirement.

The specific Zhone products leveraged in the deployment were its small form factor OLT and its 2804P in-wall ONTs, which SouthEast Bank liked because of the low profile design and functionality. TE Connectivity’s OLS solution was used for the project, alongside many of its other passive components.

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 http://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.

About Qypsys

Qypsys specializes in the design and deployment of advanced technology platforms. Through the combination of scalable installation forces, RCDD design staff, and certified network engineering capabilities, Qypsys is able to support complex infrastructure projects as a prime or a valuable subcontractor. Qypsys provides turnkey solutions for the distribution of voice, data, and video services across LAN, campus, and metro environments. Qypsys’ primary technologies are Passive Optical LANs (POL), WiFi, and Distributed Antenna Systems (DAS). This combination of wired and wireless access solutions makes Qypsys uniquely suited to support enterprise-wide infrastructure initiatives. In addition to turnkey solutions, Qypsys leverages its technical and installation capabilities as a service offering to strategic partners. By providing a la carte access to the various skill sets in our full integration offerings, Qypsys creates a strong value-add proposition for our business partners.

http://qypsys.com/

About TE Connectivity

TE Connectivity’s Optical LAN Solution (OLS) cabling system for Enterprise PON leverages the distance and bandwidth of singlemode fiber to deliver converged voice, video, data, and building automation over a single strand of fiber.  OLS contributes to measurable OpEx and CapEx savings with Green benefits.  For more information on TE’s OLS system, visit www.PONsource.com.

TE Connectivity is a global, $14 billion company that designs and manufactures approximately 500,000 products that connect and protect the flow of power and data inside the products that touch every aspect of our lives. Our nearly 100,000 employees partner with customers in virtually every industry—from consumer electronics, energy and healthcare, to automotive, aerospace and communication networks—enabling smarter, faster, better technologies to connect products to possibilities. More information on TE Connectivity can be found at http://www.TE.com.

About Taylor Telecom Solutions

Taylor Telecom Solutions is an independent consulting firm that provides its clients with a trusted source for the planning, design, and implementation of advanced voice and data communications systems. Our sole focus is on meeting the technology needs of our clients by providing high quality and practical advice and solutions ranging from traditional and Passive Optical Networks to Distributed Antenna Systems.

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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DASAN Zhone Solutions, the DASAN Zhone Solutions logo, and all DASAN Zhone product names are trademarks of DASAN Zhone Solutions, Inc. Other brand and product names are trademarks of their respective holders. Specifications, products, and/or products names are all subject to change without notice.

Contact

DASAN Zhone Public Relations
+1 760-814-8194
carla.vallone@portavocepr.com
DASAN Zhone Investor Relations
+1 510-777-7013
+1 510-777-7001
investor-relations@zhone.com