ADVA OPTICAL NETWORKING AND SPREAD NETWORKS PROVIDE LESS THAN 13.33MS LOW-LATENCY CONNECTIVITY BETWEEN NEW YORK AND CHICAGO
ADVA AG Optical Networking / ADVA OPTICAL NETWORKING AND SPREAD NETWORKS PROVIDE LESS THAN 13.33MS LOW-LATENCY CONNECTIVITY BETWEEN NEW YORK AND CHICAGO processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement.
Norcross, Georgia, USA and Martinsried/Munich, Germany. June 22, 2010.ADVA
Optical Networking
has been certified as a network
equipment provider by Spread Networks on the lowest-latency dark fiber network
available between New York and Chicago, setting a new standard for trading
applications. The network is of strategic importance for firms interested in
connecting Chicago with the stock equity exchanges in New York. Financial
institutions using the ADVA FSP 3000
Wavelength Division
Multiplexing (WDM
) low-latency optical
transport
solution over Spread
Networks' dark fiber will achieve speeds of 13.33 milliseconds on the shortest
possible New York-Chicago route.
"ADVA Optical Networking has been a trusted partner for financial institutions
globally since our inception more than 15 years ago, and this market represents
a significant portion of our global revenue. We understand well the
mission-critical network requirements of this market," said Brian Protiva, chief
executive officer at ADVA Optical Networking. "Our relationship with Spread
Networks, which delivers fiber connectivity on this critical New York-Chicago
trading route, shows the commitment of both companies to bringing increasingly
faster networks to the financial marketplace. Our customers seek partners they
can trust to deliver today, while remaining committed to the technological
innovation needed to ensure their networks remain competitive over time."
Protiva continued, "The combination of Spread Networks' shorter fiber route and
ADVA Optical Networking's low-latency technology
is being well received in
the industry, and the first customer deployments along the route have been
proceeding well."
Christoph Glingener, chief technology officer of ADVA Optical Networking added,
"ADVA Optical Networking employs a team of highly talented engineers, dedicated
to the task of delivering the lowest-latency solutions on the market. Our
engineers have shaved microseconds off the transport speeds on this vital route
using proprietary techniques that are built into all our systems and
continuously refined. We are committed to delivering the most state-of-the-art
solutions and partnering with other top-performing providers to create a
"low-latency ecosystem" that delivers the most for our customers in financial
trading centers around the world."
According to David Barksdale, chief executive officer of Spread Networks, "ADVA
Optical Networking has demonstrated that it is a company capable of providing a
solution that meets our customers' high expectations for low latency and a high
quality of service and support. We are pleased to have ADVA Optical Networking
as a certified optical equipment provider on our network."
"In today's financial marketplace, network speed has become paramount," said
Larry Tabb, founder and chief executive officer of TABB Group. "Financial firms
employing the lowest-latency networks have a distinct advantage in managing
their quotes, risk and profitability. Simply put, in the new business reality,
trading prowess is increasingly being measured in microseconds."
ADVA Optical Networking's low-latency solution is built on its flagship FSP 3000
platform, which has been successfully deployed by hundreds of enterprise
customers globally. In addition to industry-leading latency, the FSP 3000 also
offers protocol flexibility, including InfiniBand and multiple Fibre Channel
speeds, as well as 40G and 100G interfaces and third-party SAN
qualifications. For more
information about the ADVA FSP 3000, please click here
.
# # #
ABOUT ADVA OPTICAL NETWORKING
ADVA Optical Networking (FSE: ADV) is a global provider of intelligent
telecommunications infrastructure solutions. With software-automated
Optical+Ethernet transmission technology, the Company builds the foundation for
high-speed, next-generation networks. The Company's FSP product family adds
scalability and intelligence to customers' networks while removing complexity
and cost. With a flexible and fast-moving organization, ADVA Optical Networking
forges close partnerships with its customers to meet the growing demand for
data, storage, voice and video services. Thanks to reliable performance for more
than 15 years, the Company has become a trusted partner for more than 250
carriers and 10,000 enterprises across the globe. For more information, visit
www.advaoptical.com .
ABOUT SPREAD NETWORKS
Spread Networks sets a new standard for trading latency. Built from the ground
up, this flagship product offers a fresh supply of dark fiber on the shortest
route between New York and Chicago, bringing guaranteed round-trip latency of
13.33ms. Without the drag of traditional telecommunications offerings, Spread
Networks provides its customers with a private network to achieve a 'clean
speed' allowing data to run as close as possible to the true speed of light
through fiber.
PUBLISHED BY:
ADVA AG Optical Networking, Martinsried/Munich and Meiningen, Germany
ADVA Optical Networking North America, Inc., Norcross, Georgia, USA
ADVA Optical Networking (Shenzhen) Ltd., Shenzhen, China
www.advaoptical.com
FOR PRESS:
JC Elliott
t +1 469 774 7114 (U.S.)
t +44 1904 699 358 (Europe)
t +86 755 8621 7400 (Asia)
public-relations(at)advaoptical.com
FOR INVESTORS:
Wolfgang Guessgen
t +1 201 940 7212 (U.S.)
t +49 89 89 0665 940 (Europe)
t +86 755 8621 7400 (Asia)
investor-relations(at)advaoptical.com
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ADVA AG Optical Networking
Campus Martinsried, Fraunhoferstr. 9a Martinsried/Munich Germany
WKN: 510300;ISIN: DE0005103006;
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