CORNING, N.Y. — Corning Incorporated (NYSE: GLW) today announced the general availability of a new mid-power remote and enhanced software that leverages the advanced capabilities of the company’s ONE™ Wireless headend and further extends the suitability of the ONE platform for projects with diverse topologies.
The mid-power remote unit (MRU) is a 6-band remote with an expansion port for future upgrades and offers several key benefits for carriers. It includes support for all bands (700, ESMR and cellular, PCS, AWS and WCS); easy setup, upgrades and commissioning; and improved scalability as new services or bands need to be added, all in a much smaller form factor that requires less power. In addition, the MRU can be combined with the low-power remote antenna unit (RAU) for cost-optimized coverage and capacity in any type of venue, both indoors and outside.
Corning will also demonstrate an enhanced management software tool.This new version offers improved tools for installation, set up, commissioning and serviceability. Corning’s ONE software provides a more secure system through enhanced authentication, as well as campus and site-view tools that better meet the needs of multi-building campuses or large public venues with diverse requirements.
“Carriers are asking for increased flexibility – to meet different sectorization schemes, to be easily upgradable as new bands are required, and for improved modularity and system visibility,” said Mike O’Day, vice president, Wireless Networks, Corning. “With Corning’s new MRU and software enhancements, we are helping carriers meet this complex set of needs.”
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.
About Corning Incorporated
Corning (www.corning.com) is one of the world’s leading innovators in materials science. For more than 160 years, Corning has applied its unparalleled expertise in specialty glass, ceramics, and optical physics to develop products that have created new industries and transformed people’s lives. Corning succeeds through sustained investment in R&D, a unique combination of material and process innovation, and close collaboration with customers to solve tough technology challenges. Corning’s businesses and markets are constantly evolving. Today, Corning’s products enable diverse industries such as consumer electronics, telecommunications, transportation, and life sciences. They include damage-resistant cover glass for smartphones and tablets; precision glass for advanced displays; optical fiber, wireless technologies, and connectivity solutions for high-speed communications networks; trusted products that accelerate drug discovery and manufacturing; and emissions-control products for cars, trucks, and off-road vehicles.
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