CORNING, N.Y — Corning Incorporated (NYSE:GLW) today introduced the latest round of innovations in its award-winning Evolv® portfolio of network connectivity solutions. The new products provide network operators with greater flexibility and efficiency at every stage of fibre deployment - from planning to field installation to testing and monitoring.
Operators can leverage Corning's new Evolv solutions to streamline permitting, accelerate field installation and optimise network testing. Like all products in the Evolv portfolio, the newest solutions give operators the flexibility they need to deploy fibre networks on time and on budget - essential capabilities at a time of accelerating bandwidth demand and public investments in broadband.
The newest Evolv solutions touch every phase of deployment:
Planning: Corning's new augmented reality app allows operators to show how terminals will be placed prior to a deployment. This capability can help facilitate permit approvals - particularly in façade environments such as historic districts, where approval from the building owner is required.
Field installation: New, single-row 12-port Evolv terminals offer additional deployment flexibility. Paintable covers allow operators to deploy the terminals on façades with minimal aesthetic impact. The Evolv One-Fibre Pushlok™ Connection Kit lets operators easily connect Pushlok drops to each other, simplifying deployment.
Monitoring and testing: New Evolv terminal port reflectors can be paired with Optical Network Monitoring technology to enable automated monitoring throughout the network. This allows technicians to easily isolate segments of cable for preventive maintenance and troubleshooting.
“Corning is energised by the momentum we’re seeing for investments in broadband -- and we’re continuing to innovate in our Evolv portfolio to support this wave of network expansion,” said Bob Whitman, Vice President of Market Development, Carrier Networks, Corning Optical Communications. “More than ever, network operators are looking to deploy efficiently and cost-effectively, and this latest round of Evolv solutions provides new tools and new capabilities to meet those needs.”
Corning's compact, easy-to-install Evolv terminals can be deployed in the ground, on a pole or facade, or on a strand. Pushlok Technology enables simple one-handed drop installation, with tactile and audible feedback. The ease of installation and optimised field handling reflect Corning’s knowledge and experience gained from passing 70 million homes worldwide with its hardened connectivity solutions.
Corning experts will highlight the Evolv portfolio, including the newest solutions, at Connected Britain, September 20-21 in London, UK. Look for additional industry-leading innovations as Corning continues to add to the Evolv product portfolio. Learn more about Evolv solutions, see a video and sign up to receive exclusive updates on new products at our product information page.
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Although the Company believes that these forward-looking statements are based upon reasonable assumptions regarding, among other things, current estimates and forecasts, general economic conditions, its knowledge of its business, and key performance indicators that impact the Company, actual results could differ materially. Some of the risks, uncertainties and other factors that could cause actual results to differ materially from those expressed in or implied by the forward-looking statements include, but are not limited to: the duration and severity of the COVID-19 pandemic, and its impact across our businesses on demand, personnel, operations, our global supply chains and stock price; global economic trends, competition and geopolitical risks, or an escalation of sanctions, tariffs or other trade tensions , and related impacts on our businesses' global supply chains and strategies; changes in macroeconomic and market conditions, market volatility, interest rates, capital markets, the value of securities and other financial assets, precious metals, oil, natural gas and other commodities and exchange rates (particularly between the U.S. dollar and the Japanese yen, new Taiwan dollar, euro, Chinese yuan and South Korean won), consumer demand, and the impact of such changes and volatility on our financial position and businesses; product demand and industry capacity; competitive products and pricing; availability and costs of critical components, materials, equipment, natural resources and utilities; 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; disruption to Corning's, our suppliers' and manufacturers' supply chain, logistics, equipment, facilities, IT systems, operations or commercial activities due to terrorist activity, cyber-attack, armed conflict, political or financial instability, natural disasters, international trade disputes or major health concerns; loss of intellectual property due to theft, cyber-attack, or disruption to our information technology infrastructure; effects of acquisitions, dispositions and other similar transactions; effect of regulatory and legal developments; ability to pace capital spending to anticipated levels of customer demand; our ability to increase margins through implementation of operational changes, pricing actions and cost reduction measures without impacting revenues; rate of technology change; ability to enforce patents and protect intellectual property and trade secrets; adverse litigation; product and components performance issues; attraction and retention of key personnel; customer ability to maintain profitable operations and obtain financing to fund ongoing operations and manufacturing expansions and pay receivables when due; loss of significant customers; changes in tax laws, regulations and international tax standards; the impacts of audits by taxing authorities; the potential impact of legislation, government regulations, and other government action and investigations; and other risks detailed in Corning’s SEC filings.
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.
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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 (https://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 170-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 its customers capture new opportunities in dynamic industries. Today, Corning's markets include optical communications, mobile consumer electronics, display, automotive, and life sciences.
