Corning Incorporated (NYSE:GLW) is celebrating the 10-year anniversary of its industry-changing OptiTap® connector this month. Designed for use in the network access and drop-cable portions of a pre-connectorized network, the OptiTap connector revolutionized fiber-the-the-home (FTTH) deployment, making installations faster, easier and less costly.
The connector was originally conceptualized by Corning Optical Communications in the late 1990s, and further evolved in 2002 in response to customer requests to simplify mass FTTH deployment. Drawing on more than 25 years of fiber optic solutions experience and the research of Corning Fellow, Dr. Otto Szentesi, the development team invented a future-proof solution. The OptiTap connector was first introduced in 2004 and became a keystone component that enabled many cost saving network access solutions.
“Our first large customer had a goal of 1 million homes passed by December 2004, so we did a 'student body right' and applied all our resources toward a solution,” remembers Marty Curran, Executive Vice President and Innovation Officer at Corning. “We hit 1 million homes; then 2 million and then 3 million each subsequent year. The rest is history, and a great example of a Corning Innovation helping a customer.”
Since then, the factory-terminated, environmentally robust single-fiber OptiTap connectors have set the bar for pre-connectorized network access solutions worldwide.
“Corning was one of the first to see the potential of FTTH technology,” added Dr. Bernhard Deutsch, vice president, product line management, Optical Connectivity Solutions for Corning. “The OptiTap connector not only transformed the way access networks are built around the world but also our company’s focus on connectivity solutions. As demand for bandwidth continues to explode, we continue shaping the next round of FTTH technology.”
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 Corning Incorporated
Corning Incorporated (www.corning.com) is the world leader in specialty glass and ceramics. Drawing on more than 160 years of materials science and process engineering knowledge, Corning creates and makes keystone components that enable high-technology systems for consumer electronics, mobile emissions control, telecommunications and life sciences. Our products include glass substrates for LCD televisions, computer monitors and laptops; ceramic substrates and filters for mobile emission control systems; optical fiber, cable, hardware & equipment for telecommunications networks; optical biosensors for drug discovery; and other advanced optics and specialty glass solutions for a number of industries including semiconductor, aerospace, defense, astronomy, and metrology.