Menara Networks Honored by 2017 Lightwave Innovation Reviews Program
Dallas, Texas – March 15, 2017 – Menara Networks, a wholly-owned subsidiary of IPG Photonics Corporation, and a vertically integrated provider of IP/Ethernet DWDM transport solutions, today announced it was recognized by the 2017 Lightwave Innovation Reviews for three of its 100G products.
Presented annually by Lightwave, the Lightwave Innovation Reviews program distinguishes top products and solutions available within the optical networking industry as determined by a panel of third-party judges. Judges include industry executives and analysts from a wide variety of service providers, technology developers, industry analysts, and journalists.
"On behalf of the Lightwave Innovation Reviews, I would like to congratulate Menara Networks for its awards," said Lightwave Group Publisher Rob Stuehrk. "This competitive, unbiased program celebrates the most original and innovative products in the optical networking industry."
"The Menara team has a consistent track record of introducing innovative and unique products that streamline optical networking and deliver substantial cost savings to our customers,” said Dr. George BuAbbud, IPG Photonics Vice President of Telecommunications Products. “Having three products addressing 100G transport recognized is a testament to Menara Networks’ industry and product differentiation. Congratulations to the Menara team."
The three products recognized are the full C-band DWDM tunable Direct Detection 100G CFP for Data Center and Metro Interconnection, the 100G QSFP28 to CFP2 adapter; and the WaveMaster, Menara 100G Test-set and CFP diagnostic device. These products and newly designed ones will be showcased at Menara Networks booth # 3631 on the exhibit floor of the Optical Fiber Communications conference from March 21-23, 2017 at the Los Angeles Convention Center.
The Innovation Reviews are judged based on the following criteria:
- - Originality
- - Innovation
- - Positive impact on the customer
- - How well it addresses a new or existing requirement
- - Novelty of approach
- - Cost-effectiveness
About IPG Photonics Corporation
IPG Photonics Corp. - Founded in 1990, IPG pioneered the development and commercialization of optical fiber-based lasers for use in diverse applications, primarily materials processing, as well as telecommunications, medical and advanced applications. Fiber lasers have revolutionized the industry by delivering superior performance, reliability and usability at a lower total cost of ownership compared with conventional lasers, allowing end users to increase productivity and decrease operating costs. IPG has its headquarters in Oxford, Massachusetts, and has additional plants and offices throughout the world. For more information, please visit www.ipgphotonics.com.
About Menara Networks
Menara Networks - Menara Networks develops innovative products and solutions that greatly simplify today's layered optical transport networks. Leveraging the company's proprietary high speed ICs and its extensive expertise in optical networking and system design, Menara portfolio of OTN XFP, SFP+ and CFP modules provide optical networks with superior performance and improved service velocity while drastically reducing floor space, power consumption and overall network cost. The company’s unique solutions continue to save carriers CapEx dollars and eliminate the need for footprint, heat, and power associated with DWDM transponders in central offices and data centers around the world. Menara Networks is a wholly-owned subsidiary of IPG Photonics Corporation, the world leader in high-power fiber lasers and amplifiers. For more information, please visit www.menaranet.com.
For more than 30 years, Lightwave has delivered trusted technical, application and business insights to senior-level decision makers for optical communications worldwide. Lightwave serves technology vendors, communications carriers and major enterprises with a complete and nuanced picture of the optical communications business environment. Lightwave is a valued information source for information related to FTTx, networking, equipment design, MSO optics, and test and measurement for corporate executives, department heads, project managers, network engineers and others making strategic decisions that are critical to the success of their businesses. Lightwave is a unit of PennWell Corporation.
About The 2017 Lightwave Innovation Reviews Program
The Lightwave Innovation Reviews is in its fourth year of recognizing and celebrating the industry's most unique products and solutions that help optical communications professionals worldwide drive improvements and innovation in optical technology. Executives at from industry leaders were among the judges for the 2017 Innovation Reviews. Criteria used in the Innovation Reviews rankings include, first and foremost, unique technology or application thereof, innovation, ease of use, efficiency, reliability and contribution to profitability.
Safe Harbor Statement
Information and statements provided by IPG and its employees, including statements in this press release, that relate to future plans, events or performance are forward-looking statements. These statements involve risks and uncertainties. Any statements in this press release that are not statements of historical fact are forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties, including risks associated with the strength or weakness of the business conditions in industries and geographic markets that IPG serves, particularly the effect of downturns in the markets IPG serves; uncertainties and adverse changes in the general economic conditions of markets; IPG's ability to penetrate new applications for fiber lasers and increase market share; the rate of acceptance and penetration of IPG's products; inability to manage risks associated with international customers and operations; foreign currency fluctuations; high levels of fixed costs from IPG's vertical integration; the appropriateness of IPG's manufacturing capacity for the level of demand; competitive factors, including declining average selling prices; the effect of acquisitions and investments; inventory write-downs; intellectual property infringement claims and litigation; interruption in supply of key components; manufacturing risks; government regulations and trade sanctions; and other risks identified in IPG's SEC filings. Readers are encouraged to refer to the risk factors described in IPG's Annual Report on Form 10-K (filed with the SEC on February 26, 2016) and its periodic reports filed with the SEC, as applicable. Actual results, events and performance may differ materially. Readers are cautioned not to rely on the forward-looking statements, which speak only as of the date hereof. IPG undertakes no obligation to update the forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.