Corning Wins Data Center Solutions Award for Sixth Consecutive Year

Corning Wins Data Center Solutions Award for Sixth Consecutive Year

Corning Wins Data Center Solutions Award

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Optical Communications
Corning Wins Data Center Solutions Award for Sixth Consecutive Year
Corning Wins Data Center Solutions Award for Sixth Consecutive Year
CORNING, N.Y. | Corning Incorporated | May 29, 2018
EDGE™ Mesh Module named Data Center Cabling & Connectivity Product of the Year

Corning Incorporated (NYSE: GLW) announced today that its EDGE™ Mesh Module has been named “Data Center Cabling & Connectivity Product of the Year” at the 2018 Data Center Solutions (DCS) Awards in London. This is the sixth consecutive year that a Corning product has won a DCS award.

Corning’s EDGE Mesh Modules have emerged as a critical enabler of future-ready data center networks. They provide operators of spine-and-leaf network architectures with an easily adaptable solution that improves deployment speed and network capability, supports current and future bandwidth requirements, and reduces total cost of ownership. Also, EDGE Mesh Modules require significantly less rack space than alternatives and will allow for higher port densities per switch, with lower power consumption and lower cost per 10G port.

“It’s a great honor to be recognized with a DCS award for the sixth year in a row because we know our customers count on us to provide what they need to get ahead,” said Kim Hartwell, senior vice president and chief commercial officer for Corning Optical Communications. “EDGE™ Mesh Modules have proven to be a highly-efficient solution to our customers’ technology challenges, mitigating much of the complexity associated with installing spine-and-leaf network architectures.”

EDGE Mesh Modules replicate the standard ratio of 1-to-1 spine-and-leaf topology, making deployment faster with reduced congestion. The Corning solution supports a wide range of connectivity options, including dedicated LC duplex-based single ports, parallel optical multi-fiber applications, 400GBase, and more.

“Each year the DCS Awards finalists represent the industry’s very best. Corning was voted outstanding by our readers to win the Data Center Cabling & Connectivity Product of the Year category," said Jason Holloway, director of IT publishing at Angel Business Communications, organizers of the DCS Awards.

“Along with my technical and commercial colleagues, we would like to extend our personal thanks to everyone who voted for Corning,” said Tony Robinson, Corning’s global marketing applications manager, Data Centers. “As ever, we’ve been humbled by the terrific support from our customers, distributors, and industry peers.”

A range of leading data center cabling technologies competed for the Data Center Cabling & Connectivity Product of the Year recognition. Products were evaluated on their ability to demonstrate a competitive advantage and a clear return on investment for users.

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 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 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.