MUNICH, Germany, Sept. 5, 2006 (PRIMEZONE) -- ADVA Optical Networking today announced that Deutsche Boerse, the operator of the Frankfurt Stock Exchange, on September 5, 2006 had decided to include ADVA Optical Networking in Germany's "Top 30" technology stock index, TecDAX. On September 18, 2006, the TecDAX index will be calculated the first time taking into account the ADVA Optical Networking stock. Major inclusion criteria were ADVA Optical Networking's free float market capitalization and on-exchange order book turnover.
ADVA Optical Networking expects significant value from its membership in the TecDAX index because it will increase the interest of investors, financial analysts and the media in the company. This is expected to pave the way for a further increase in the stock's liquidity and shareholder value.
Entry into the TecDAX index confirms ADVA Optical Networking's continued success in developing a sustainable business model offering best-of-breed, technology-leading Optical+Ethernet solutions and delivering significant value to its customers and shareholders alike.
About ADVA Optical Networking
ADVA Optical Networking (Frankfurt:ADV) is at the forefront of providing Optical+Ethernet solutions that advance next-generation networks for data, storage, voice and video services. ADVA Optical Networking's strength comes from passionate and dedicated employees, all sharing a common vision: a fast, customized response to customers' ever-changing needs. Our innovative Fiber Service Platform (FSP) and strong customer focus provide carriers and enterprises the ability to scale their networks and deliver intelligent, competitive new services. ADVA Optical Networking's solutions have been deployed at more than 180 carriers and 5,000 enterprises in more than 40 countries worldwide. For further information about ADVA Optical Networking: www.advaoptical.com.
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ADVA AG Optical Networking, Martinsried/Munich and Meiningen, Germany ADVA Optical Networking Inc., Mahwah, New Jersey, USA ADVA Optical Networking Corp., Tokyo, Japan www.advaoptical.com