Corning Awarded Outstanding Score in Cabling Installation & Maintenance 2018 Innovators Awards Program

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Corning Awarded Outstanding Score in Cabling Installation & Maintenance 2018 Innovators Awards Program
Corning Awarded Outstanding Score in Cabling Installation & Maintenance 2018 Innovators Awards Program
Corning, NY | Corning Incorporated | September 12, 2018

Corning Incorporated (NYSE:GLW) announced today that two of its innovative optical communications products received gold-level awards at the annual Cabling Installation & Maintenance Innovators Awards program held Tuesday, Sept. 11 at BICSI's 2018 Fall Conference in San Antonio, Texas.

Corning’s RocketRibbon extreme-density cable and the UniCam® high-performance toolkit 2 were recognized by a judging panel consisting of cabling and communications system specifiers, designers, integrators, and managers with vast professional experience.

“It is always an honor to receive this type of recognition from judges with broad experience in our industry,” said Kim Hartwell, chief commercial officer, Corning Optical Communications. “With increasing demand for applications such as augmented reality and artificial intelligence, along with the push toward 5G, we know our customers depend on us to help them develop and build next-generation networks.

“Both our RocketRibbon cable and UniCam toolkit allow our customers to increase deployment speed and network capability, while reducing their total cost of ownership. We are pleased to have these qualities recognized in the Innovators Awards.”

RocketRibbon extreme-density cable provides the density needed to support evolving networks in a small footprint, while also offering simple and easy cable handling, access, and installation. The next-generation ribbon cable provides capacity of up to 3,456 fibers – twice the fiber count in approximately the same footprint of existing central tube and stranded ribbon tube design cables. By leveraging Corning’s optical fiber cable design expertise, RocketRibbon cable allows operators to quickly install more capacity in the same duct space to accommodate increasing bandwidth demand. The cable enables up to 30 percent faster installation than other high-density ribbon cables designed for data center and carrier environments.

The UniCam high-performance toolkit 2 combines both proven reliability with quicker installation. Based on its proven UniCam no-epoxy, no-polish connector technology (which comes with a 100 percent yield guarantee), the toolkit cuts the number of steps required for connector installation from 18 to just 10, reducing the termination time by as much as 25 percent. Installation of an LC, SC or ST® compatible connector can be accomplished in approximately 45 seconds with the UniCam high-performance toolkit 2, a significant improvement when compared to traditional offerings. At the same time, the toolkit offers improved feedback and guidance throughout the termination process, so there is no trade-off between a quick, easy installation and a reliable installation.

“Corning is a perpetual innovator of technologies and products that advance the design, installation, and administration of networks and cabling systems,” said Patrick McLaughlin, chief editor of Cabling Installation & Maintenance (cablinginstall.com). “Our judging panel reserves gold-level recognition for innovations that demonstrate clear benefits, exhibit excellence, and make a substantial improvement over other products or technologies meant to serve similar needs.

“We are pleased that Corning makes these innovative products, the RocketRibbon extreme-density cable and the Unicam high-performance toolkit 2, available to cabling and networking professionals, to solve their jobsite challenges and improve the efficiency of their daily work.”

The 2018 Cabling Installation & Maintenance Innovators Awards Honorees are featured in the November Issue of Cabling Installation & Maintenance magazine as well as on http://www.cablinginstall.com.

 

Caution Concerning Forward-Looking Statements
This press release contains “forward-looking statements” (within the meaning of the Private Securities Litigation Reform Act of 1995), which are based on current expectations and assumptions about Corning’s financial results and business operations, that involve substantial risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include: the effects of acquisitions, dispositions and other similar transactions by the Company, the effect of global business, financial, economic and political conditions; tariffs and import duties; currency fluctuations between the U.S. dollar and other currencies, primarily the Japanese yen, New Taiwan dollar, euro, Chinese yuan, and South Korean won; product demand and industry capacity; competitive products and pricing; availability and costs of critical components and materials; new product development and commercialization; order activity and demand from major customers; the amount and timing of our cash flows and earnings and other conditions, which may affect our ability to pay our quarterly dividend at the planned level or to repurchase shares at planned levels; possible disruption in commercial activities due to terrorist activity, cyber-attack, armed conflict, political or financial instability, natural disasters, or major health concerns; unanticipated disruption to equipment, facilities, IT systems or operations; effect of regulatory and legal developments; ability to pace capital spending to anticipated levels of customer demand; rate of technology change; ability to enforce patents and protect intellectual property and trade secrets; adverse litigation; product and components performance issues; retention of key personnel; customer ability, most notably in the Display Technologies segment, to maintain profitable operations and obtain financing to fund their ongoing operations and manufacturing expansions and pay their receivables when due; loss of significant customers; changes in tax laws and regulations including the Tax Cuts and Jobs Act of 2017; and the potential impact of legislation, government regulations, and other government action and investigations.

For a complete listing of risks and other factors, please reference the risk factors and forward-looking statements described in our annual reports on Form 10-K and quarterly reports on Form 10-Q. Forward-looking statements speak only as of the day that they are made, and Corning undertakes no obligation to update them in light of new information or future events.

Web Disclosure
In accordance with guidance provided by the SEC regarding the use of company websites and social media channels to disclose material information, Corning Incorporated (“Corning”) wishes to notify investors, media, and other interested parties that it uses its website (http://www.corning.com/worldwide/en/about-us/news-events.html) to publish important information about the company, including information that may be deemed material to investors, or supplemental to information contained in this or other press releases. The list of websites and social media channels that the company uses may be updated on Corning’s media and website from time to time. Corning encourages investors, media, and other interested parties to review the information Corning may publish through its website and social media channels as described above, in addition to the company’s SEC filings, press releases, conference calls, and webcasts.

About Cabling Installation & Maintenance 
Published since 1993, Cabling Installation & Maintenance has provided practical information to professionals responsible for the specification, design, installation and management of structured cabling systems in enterprises, data centers and campuses. Cabling Installation & Maintenance's magazine, website (cablinginstall.com), email newsletters and webcasts help cabling professionals improve day-to-day operations and enable strategic planning for their networks' optimum long-term performance.

About The Cabling Installation & Maintenance 2018 Innovators Awards program 
The Cabling Installation & Maintenance 2018 Innovators Awards program reviews and recognizes the most-innovative applications of cabling and communications technology products and systems within the structured cabling industry. Platinum, Gold, and Silver Honorees were announced at BICSI's 2018 Fall Conference in San Antonio, TX on Tuesday, September 11, 2018. Criteria used in the Innovators Awards ranking included: innovation, value, sustainability, collaboration, and impactublished since 1993, Cabling Installation & Maintenance has provided practical information to professionals responsible for the specification, design, installation and management of structured cabling systems in enterprises, data centers and campuses. Cabling Installation & Maintenance's magazine, website (cablinginstall.com), email newsletters and webcasts help cabling professionals improve day-to-day operations and enable strategic planning for their networks' optimum long-term performance.

About Corning Incorporated
Corning (www.corning.com) is one of the world's leading innovators in materials science, with a more than 165-year track record of life-changing inventions. Corning applies its unparalleled expertise in glass science, ceramic science, and optical physics along with its deep manufacturing and engineering capabilities to develop category-defining products that transform industries and enhance people's lives. Corning succeeds through sustained investment in RD&E, a unique combination of material and process innovation, and deep, trust-based relationships with customers who are global leaders in their industries.

Corning's capabilities are versatile and synergistic, which allows the company to evolve to meet changing market needs, while also helping our customers capture new opportunities in dynamic industries. Today, Corning's markets include optical communications, mobile consumer electronics, display technology, automotive, and life sciences vessels. Corning's industry-leading products include damage-resistant cover glass for mobile devices; precision glass for advanced displays; optical fiber, wireless technologies, and connectivity solutions for state-of-the-art communications networks; trusted products to accelerate drug discovery and delivery; and clean-air technologies for cars and trucks.