Corning’s Optical Innovations Garner Awards Globally

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Corning’s Optical Innovations Garner Awards Globally

Corning’s Optical Innovations Garner Awards

News Releases
Corporate Communications
Corning’s Optical Innovations Garner Awards Globally
Corning’s Optical Innovations Garner Awards Globally
CORNING, N.Y. | Corning Incorporated | October 26, 2017

Corning Incorporated (NYSE: GLW) announced today that its innovative optical communications products and solutions recently received six awards in markets in Europe, the Middle East, Africa, the Asia Pacific region, and North America.

In Asia, Corning took top honors in two categories in the NetworkWorld Asia 2017 Readers’ Choice/Rising Star Awards. The Optical Network Solution category recognizes network solutions employing fiber optics. The second award recognizes Corning as a “rising star” in data center infrastructure solutions.

The two awards are based on votes from readers of NetworkWorld Asia, Asia Cloud Forum, Security Asia, and Storage Asia. Criteria include a company’s reputation in the marketplace, widespread acceptance of its technology, and user feedback on the company’s solutions and their deployment.

“Our readers have high expectations for performance, efficiency, and value in networking solutions,” said Victor Ng, enterprise group editorial director of Questex Asia, publisher of NetworkWorld Asia. “These Readers’ Choice Awards attest to Corning’s growing reputation in Asia and the Pacific as a leader in fiber optic innovation and a first-class provider of data center infrastructure solutions.”

In Europe, Corning recently claimed top honors in the Data Center Leader category at the IT Future Awards in Warsaw, Poland. That award recognizes Corning’s EDGE8data center solution, the industry’s first tip-to-tip, preterminated optical cabling systems designed for data centers employing a future-ready Base-8 design. Finalists for the competition were chosen by a public online vote, then winners were determined by a panel of senior IT leaders in the fields of banking and industry.

The awards in Europe and Asia follow three gold-level awards Corning received in the United States in September from the Cabling Installation and Maintenance Innovators Award Program. Those awards, announced at the fall conference of the Building Industry Consulting Service International in Las Vegas, recognized three of Corning’s innovative products. Corning’s EDGE8 solution, ALTOS® cable with binderless FastAccess® technology, and ALTOS Lite cable with FastAccess® technology were recognized by a judging panel consisting of cabling and communications system specifiers, designers, integrators, and managers with extensive professional experience.

“Winning these awards in Asia and Europe, as well as North America, validates the reputation for quality and value that our products enjoy around the globe,” said Kim Hartwell, senior vice president and chief commercial officer for Corning Optical Communications. “We’re pleased that customers and industry experts are finding value in our EDGE8 solution, which fills a need for highly efficient, forward-looking infrastructures with emphasis on total cost of ownership. Its success grows out of our ongoing collaboration with customers all over the world.”

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 Corning Incorporated

Corning (www.corning.com) is one of the world's leading innovators in materials science, with a 166-year track record of life-changing inventions. Corning applies its unparalleled expertise in glass science, ceramics 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.