Corning Incorporated (NYSE: GLW) has received a Technology & Engineering Emmy® award from The National Academy of Television Arts and Sciences for its 1970 invention of low-loss optical fiber.
The award honors breakthrough innovations that materially affected television engineering. Corning received the award in the category of Pioneering Invention and Deployment of Fiber Optic Cable at the 68th Annual Technology & Engineering Emmy awards in Las Vegas.
“The ability to view high-quality video at any time of the day, from almost any place on a variety of connected and mobile devices, is commonplace today. But it would not be possible without the broad deployment of optical fiber,” said Corning Executive Vice President Clark Kinlin. “It’s impossible to imagine the television industry today without the virtually limitless bandwidth capability of optical fiber. It was born in Corning labs in 1970, and our scientists haven’t stopped improving it since.”
Corning scientists Drs. Robert Maurer, Donald Keck, and Peter Schultz developed the first low-loss optical fiber capable of maintaining the strength of laser light signals over significant distances. The breakthrough helped solve the problem network carriers then faced in handling the growing volume of information with the transmission limitations of copper lines.
The invention – which earned the scientists many honors including a National Medal of Technology in 2000 – unleashed a communications revolution, with data traveling at the speed of light.
Today, optical fiber – with the bandwidth to stream two million high-definition videos at the same time – is the ideal enabler of advancements in high-speed communication.
Because even wireless signals must interconnect with a network, optical fiber has become the key element in a world where streaming media on the move has become the norm.
When coupled with the powerful optical fiber infrastructure, other Corning glass technologies – like smart surfaces that come to life with multi-functionality – are presenting a host of other new possibilities. Just a few examples: smarter, more connected cars; faster, more efficient communications; richer entertainment experiences; and more effective health care.
“As was envisioned in our ‘A Day Made of Glass’ videos, our portfolio of glass products both redefine the simplest of today’s activities and make new things possible,” Kinlin said. “We’re grateful to be recognized by The National Academy of Television Arts & Sciences and, just as we’ve always done, we remain committed to bringing glass-related innovations to the continuously evolving communications and entertainment industries.”
Forward-Looking and Cautionary 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 effect of global political, economic and business conditions; conditions in the financial and credit markets; currency fluctuations; tax rates; product demand and industry capacity; competition; reliance on a concentrated customer base; manufacturing efficiencies; cost reductions; availability of critical components and materials; new product commercialization; pricing fluctuations and changes in the mix of sales between premium and non-premium products; new plant start-up or restructuring costs; possible disruption in commercial activities due to terrorist activity, armed conflict, political or financial instability, natural disasters, adverse weather conditions, or major health concerns; adequacy of insurance; equity company activities; acquisition and divestiture activities; the level of excess or obsolete inventory; the rate of technology change; the ability to enforce patents; product and components performance issues; retention of key personnel; stock price fluctuations; and adverse litigation or regulatory developments. These and other risk factors are detailed in Corning’s filings with the Securities and Exchange Commission. 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.
Digital Media 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 intends to use 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. 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 The National Academy of Television Arts & Sciences
The National Academy of Television Arts & Sciences (NATAS) is a professional service organization dedicated to the advancement of the arts and sciences of television and the promotion of creative leadership for artistic, educational and technical achievements within the television industry. It recognizes excellence in television with the coveted Emmy® Award for News & Documentary, Sports, Daytime Entertainment, Daytime Creative Arts & Entertainment, Public & Community Service, and Technology & Engineering. NATAS membership consists of over 16,000 broadcast and media professionals represented in 19 regional chapters across the country. Beyond awards, NATAS has extensive educational programs including Regional Student Television and its Student Award for Excellence for outstanding journalistic work by high school students, as well as scholarships, publications, and major activities for both industry professionals and the viewing public. For more information, please visit the website at www.emmyonline.tv
About Corning Incorporated
Corning (www.corning.com) is one of the world’s leading innovators in materials science. For more than 160 years, Corning has applied its unparalleled expertise in specialty glass, ceramics, and optical physics to develop products that have created new industries and transformed people’s lives. Corning succeeds through sustained investment in R&D, a unique combination of material and process innovation, and close collaboration with customers to solve tough technology challenges. Corning’s businesses and markets are constantly evolving. Today, Corning’s products enable diverse industries such as consumer electronics, telecommunications, transportation, and life sciences. They include damage-resistant cover glass for smartphones and tablets; precision glass for advanced displays; optical fiber, wireless technologies, and connectivity solutions for high-speed communications networks; trusted products that accelerate drug discovery and manufacturing; and emissions-control products for cars, trucks, and off-road vehicles.