MARTINSRIED/MUNICH, Germany; MAHWAH, N.J., Feb. 27, 2004 (PRIMEZONE) -- ADVA Optical Networking (FSE: ADV), a leading global provider of optical networking solutions, today announced that it has continued to lead at the forefront of the metro Wavelength Division Multiplexing (WDM) transport and switch market for the European, Middle East, and Africa (EMEA) region in 2003, according to a recently-published market share report by Infonetics Research.
Infonetics, an international market research and consulting firm specializing in the telecommunications sector, determined that ADVA captured 32% of the EMEA market in 2003 to be the #1 ranked vendor. This placed ADVA well ahead of its closest European competitor with 17% of the EMEA market. ADVA also captured 11% of the worldwide market in 2003, making it the #2 vendor of metro WDM optical networking solutions.
"ADVA executed extremely well in 2003 - no other vendor has accomplished a consistent record of quarter-after-quarter growth like this company. ADVA stays in tune with the market and its customers' requirements, and spends its R&D resources developing the right equipment at the right price points," commented Michael Howard, Principal Analyst and Co-Founder at Infonetics Research. "This customer-focused mentality combined with strong sales partnerships should enable ADVA to build on its growing momentum."
Brian P. McCann, Chief Marketing & Strategy Officer at ADVA, noted further: "As the metro market started to pick up speed in the second half of 2003, we demonstrated our ability to stay on top as the #1 leading vendor in Europe and #2 worldwide. We continue to win respect as a carrier-class company, most notably for our extensive customer base of more than 80 carriers worldwide and our technology-leading solutions. In 2004 we are focused on building on this market leadership position by expanding our addressable market opportunity and growing ADVA's presence in North America and Asia-Pacific."
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ABOUT INFONETICS RESEARCH
Infonetics Research (www.infonetics.com) is an international market research and consulting firm covering the data networking and telecommunications industries in North America, Europe, and Asia. Infonetics helps companies develop, market, and sell smarter by providing objective analysis of end-users, service providers, and product manufacturers. Infonetics has offices in Silicon Valley, the Boston Metro Area, and London.
ABOUT ADVA OPTICAL NETWORKING
ADVA Optical Networking is a leading global provider of optical networking solutions for rapid and cost-effective provisioning of high-speed data, storage, voice, and video services in the metropolitan area. ADVA's carrier-class Fiber Service Platform (FSP) product portfolio is explicitly designed to enhance services, simplify networks, and reduce the total cost of ownership. ADVA's solutions have been deployed at over 80 carriers and several thousand enterprises worldwide. ADVA's products are sold through an international network of blue-chip distribution partners in addition to its own direct sales force. For further information about ADVA, please visit our web site at www.advaoptical.com.