Corning Incorporated (NYSE:GLW) today announced it was twice recognised at the recent Society of Cable Telecommunications Engineers (SCTE) gala dinner in London, U.K.
Dr. Merrion Edwards, director, Market and Technology Development, Corning Optical Communications, won the “2016 David Hall Award for Best Presentation” for her lecture titled “Smaller Cables: Bigger Possibilities” in which she showed how smaller cable form factors can simplify networks and increase capacity robustness. This individual award recognises exceptional achievement in the broadband industry.
“I’m proud of Corning’s leadership and of our innovative solutions for faster, revenue-generating infrastructure deployments,” Edwards said. “It is an honour to hear not only from our customers but from the SCTE that our work is having a significant impact in the industry.”
Named as runner-up for the “Best Broadband Network Transmission Solution” award was Corning’s MiniXtend® cable with binderless FastAccess™ technology, a product introduced last year to enable fast, low-risk cable access. The award is given for technological innovation in the broadband arena for a product, system, or concept.
“We are helping our customers deploy optical fibre deeper into access networks, and the idea that you can open a cable jacket in the field without sharp tools was a game changer,” said Mark Van de Velde, U.K. and Ireland sales manager, Corning Optical Communications. “Having SCTE acknowledge this accomplishment is validating as we continue exploring new ways to reduce the complexity and increase the speed of deployment.”
“This has been a fantastic year for our awards, with an impressive selection of entries showing the scope of innovation in the industry,” said Mike Thornton, president of SCTE. “We would like to express our congratulations to all of the entrants and winners for their broadband technology advancements, which are sure to have a great impact on our industry.”
Submissions for the SCTE awards were open to the entire broadband industry.
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.
About SCTE (www.theSCTE.eu)
Founded in 1945, the SCTE is an educational society and non-profit organisation whose aim is to raise the standard of broadband engineering in the telecommunications industry. The Society is dedicated to fostering training and career advancement for technical professionals in the field.
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.