MUNICH, Germany, Nov. 23, 2005 (PRIMEZONE) -- Light Reading's annual "Leading Lights" awards recognize ADVA's long-term growth potential and success for second year in a row Mahwah, New Jersey, USA, and Martinsried/Munich, Germany. November 23, 2005. ADVA Optical Networking today announced it has been named a finalist in the annual Light Reading "Leading Lights" awards competition in the "Best Investment Potential" category. Finalists were selected from hundreds of submissions and were chosen based on consideration of the candidate company's future growth potential, profitability, management, product offerings and macro telecom industry trends.
"You work hard all year to steer your company through challenges and position it for future growth and success. To have that success and long-term potential recognized by industry is an especially strong honor," commented Brian L. Protiva, ADVA's CEO.
"ADVA has a diverse customer base that benefits from our innovative Optical+Ethernet product portfolio and speed to service their needs," continued Protiva. "Our solutions help customers make the transitionto a next-generation network and solidify our market leading positionin Europe, while driving increased traction in the North American andAsian markets. Not to be dismissed, ADVA is a company that executes. We've shown seven consecutive quarters of growth and I thank the full ADVA team for their dedication, talent and hard work in driving our success."
Reviewing the Best Investment Potential candidates, Light Reading noted that all finalists' stocks were on a growth trajectory. Commenting that excitement is returning to particular parts of the telecom industry, Light Reading underscored that finalist companies have the opportunity to establish themselves in emerging markets and represent a strong value for investors.
Final winners will be announced on December 14, 2005, at a gala ceremony in New York City. Other candidates in the Best Investment Potential category include JDS Uniphase Corp., Motorola Inc., NeuStar Inc. and Redback Networks Inc.
ABOUT ADVA OPTICAL NETWORKING
ADVA Optical Networking (FSE:ADV) 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 100 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.
PUBLISHED BY:
ADVA Optical Networking Inc., Mahwah, New Jersey, USA ADVA AG Optical Networking, Martinsried/Munich and Meiningen, Germany ADVA Optical Networking Corp., Tokyo, Japan www.advaoptical.com
FOR PRESS: Christine Keck t +1 201 258 8293 (U.S.) t +49 89 89 0665 0 (Europe) t +81 3 5408 5891 (Asia) public-relations@advaoptical.com
FOR INVESTORS: Wolfgang Guessgen t +1 201 258 8300 (U.S.) t +49 89 89 0665 240 (Europe) t +81 3 5408 5891 (Asia) investor-relations@advaoptical.com
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