Orckit-Corrigent Selected as Winner at the 3rd Annual 2011 Golden Bridge Award for “Innovations in Information Technology.....
15 August 2011 - 11:00PM
Business Wire
Orckit-Corrigent Ltd, a leading Packet Transport Network (PTN)
vendor, announced today that it has earned the prestigious Golden
Bridge Awards titles for its CM-401x PTN access product line.
The coveted annual Golden Bridge Awards program encompasses the
world’s best in organizational performance, products and services,
executives and management teams, women in business and the
professions, innovations, case studies, product management, public
relations and marketing campaigns and customer satisfaction
programs from every major industry in the world.
“It is an honor to be named by the Golden Bridge Awards for this
esteemed industry award,” said Mr. Sharon Mantin, Vice President
Marketing and Products at Orckit-Corrigent. “CM-401x winning award
highlights Orckit-Corrigent's commitment to providing innovative
PTN technologies and products for SDH migration, Mobile backhaul
and Carrier Ethernet networking solutions. The awards also help us
build on our reputation in the PTN market as we continue to expand
globally and develop new businesses.”
Orckit-Corrigent’s CM-401x product line, awarded for best Access
Innovation in Information Technology, includes the CM-4011,
CM-4012, and CM-4013 PTN access switches. The products provide
complete access solution for legacy SDH and PDH migration, mobile
backhaul, and enterprise CLE and pre-aggregation applications. The
CM-401x portfolio is equipped with a broad mixture of Ethernet, PDH
and SDH interfaces, dual stack IP/MPLS and MPLS-TP, packet
synchronization and circuit emulation technologies.
More than 35 judges from a broad spectrum of industry voices
from around the world participated in the judging process and their
average scores determined the 2011 Golden Bridge Business Awards
winners. The winners were announced during the awards dinner and
presentation held on August 10, 2011 in New York and was attended
by the finalists, industry leaders, and judges.
About the Golden Bridge Awards
Golden Bridge Awards are an annual industry and peers
recognition program honoring Best Companies in every major industry
from large to small and new start-ups in North America, Europe,
Middle-East, Africa, Asia-Pacific, and Latin-America, Best New
Products and Services, Best Innovations, Management and Teams,
Women in Business and the Professions, Case Studies, Customer
Satisfaction, and PR and Marketing Campaigns from all over the
world. Learn more about The Golden Bridge Awards at
www.goldenbridgeawards.com
About Orckit Communications Ltd.
Orckit facilitates telecommunication providers' delivery of high
capacity broadband residential, business and mobile services over
wireline or wireless networks with its Orckit-Corrigent family of
products. With 20 years of field experience with Tier-1 customers
located around the world and sound leadership, Orckit has a firm
foothold in the ever-developing world of telecommunication.
Orckit-Corrigent's product portfolio includes Packet Transport
Network (PTN) switches - an MPLS and MPLS-TP dual stack based
portfolio enabling advanced packet as well as legacy services over
packet networks with a wide set of transport features.
Orckit-Corrigent markets its products directly and indirectly
through strategic alliances, as well as distribution and reseller
partners worldwide. Orckit was founded in 1990 and went public in
1996. Orckit is dually listed on NasdaqGM (ORCT) and the Tel Aviv
Stock Exchange and is headquartered in Tel-Aviv, Israel.
For more information, please visit www.orckit.com. Follow Orckit
on Twitter @ORCT
Certain matters discussed in this news release are
forward-looking statements that involve a number of risks and
uncertainties including, but not limited to, the Company’s history
of losses, dependence on a limited number of customers, risks in
product development plans and schedules, rapid technological
change, changes and delays in product approval and introduction,
customer acceptance of new products, the impact of competitive
products and pricing, market acceptance, the lengthy sales cycle,
exchange rate fluctuations, fluctuation in order size, proprietary
rights of the Company and its competitors, need for additional
financing, the ability to repay the convertible notes, risk of
operations in Israel, government regulation, dependence on third
parties to manufacture products, the effect of current global
economic conditions, as well as turmoil in the financial and credit
markets, and other risk factors detailed in the Company's United
States Securities and Exchange Commission filings. Actual results
may materially differ. Orckit assumes no obligation to update the
information in this release.
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