Ethernet One, EXFO's centralized and integrated IP/Ethernet service
assessment solution, increases operational efficiency and optimizes
service delivery performance
QUEBEC CITY, June 23, 2014 /CNW Telbec/ - EXFO Inc. (NASDAQ: EXFO, TSX:
EXF) announced today it has received an order worth approximately US$2
million from a global tier-1 mobile network operator for the complete
assessment of its mobile backhaul network infrastructure, from turn-up
to real-time monitoring and advanced troubleshooting.
EXFO's Ethernet One solution, including BrixNGN service assurance
software, BV-3100 Verifiers, and FTB-1 field-portable platforms, was
awarded the order based on its ability to meet enhanced service
performance delivery, increased operational efficiency, and accelerated
time-to-revenue requirements of the global mobile network operator.
The bulk of the order will be recognized in fiscal 2015.
"I am really pleased with this significant deal as it demonstrates that
EXFO's centralized and automated end-to-end Ethernet One solution for
assessing the complete mobile backhaul network lifecycle is a winning
combination," said Claudio Mazzuca, Vice-President of EXFO's Transport
and Service Assurance Division. "This contract win with a global tier-1
mobile network operator also bodes well for the future, since the rapid
expansion of the mobile industry is clearly creating real-life
challenges for our customers and wonderful opportunities for an
innovation leader like EXFO."
Listed on the NASDAQ and TSX stock exchanges, EXFO is a leading provider
of next-generation test, service assurance and end-to-end quality of
experience solutions for mobile and fixed network operators and
equipment manufacturers in the global telecommunications industry.
EXFO's intelligent solutions with contextually relevant analytics
improve end-user quality of experience, enhance network performance and
drive operational efficiencies throughout the network and service
delivery lifecycle. Key technologies supported include 3G, 4G/LTE,
VoLTE, IMS, video, Ethernet/IP, SNMP, OTN, FTTx, xDSL and various
optical technologies accounting for more than 38% of the global
portable fiber-optic test market. EXFO has a staff of approximately
1600 people in 25 countries, supporting more than 2000 customers
worldwide. For more information, visit www.EXFO.com and follow us on the EXFO Blog, Twitter, LinkedIn, Facebook, Google+ and YouTube.
This press release contains forward-looking statements within the
meaning of the U.S. Private Securities Litigation Reform Act of 1995,
and we intend that such forward-looking statements be subject to the
safe harbors created thereby. Forward-looking statements are statements
other than historical information or statements of current condition.
Words such as may, expect, believe, plan, anticipate, intend, could,
estimate, continue, or similar expressions or the negative of such
expressions are intended to identify forward-looking statements.
In addition, any statement that refers to expectations, projections or
other characterizations of future events and circumstances are
considered forward-looking statements. They are not guarantees of
future performance and involve risks and uncertainties. Actual results
may differ materially from those in forward-looking statements due to
various factors including, but not limited to, macroeconomic
uncertainty as well as capital spending and network deployment levels
in the telecommunications industry (including our ability to quickly
adapt cost structures with anticipated levels of business and our
ability to manage inventory levels with market demand); future
economic, competitive, financial and market conditions; consolidation
in the global telecommunications test and service assurance industry
and increased competition among vendors; capacity to adapt our future
product offering to future technological changes; limited visibility
with regards to customer orders and the timing of such orders;
fluctuating exchange rates; concentration of sales; timely release and
market acceptance of our new products and other upcoming products; our
ability to successfully expand international operations; our ability to
successfully integrate businesses that we acquire; and the retention
of key technical and management personnel. Assumptions relating to the
foregoing involve judgments and risks, all of which are difficult or
impossible to predict and many of which are beyond our control. Other
risk factors that may affect our future performance and operations are
detailed in our Annual Report, on Form 20-F, and our other filings with
the U.S. Securities and Exchange Commission and the Canadian securities
commissions. We believe that the expectations reflected in the
forward-looking statements are reasonable based on information
currently available to us, but we cannot assure that the expectations
will prove to have been correct. Accordingly, you should not place
undue reliance on these forward-looking statements. These statements
speak only as of the date of this document. Unless required by law or
applicable regulations, we undertake no obligation to revise or update
any of them to reflect events or circumstances that occur after the
date of this document.
SOURCE: EXFO inc.
For further information:
Director, Investor Relations
(418) 683-0913, Ext. 23733