Tellium Growing Faster Than Long-Haul Optical Switch MarketTellium Growing Faster Than Long-Haul Opt

Added: (Tue Dec 11 2001)

Pressbox (Press Release) - Infonetics Research Says Tellium Has 25 Percent of Third Quarter 2001 Market Share


OCEANPORT, N.J., December 11, 2001 – Tellium (NASDAQ: TELM), provider of the world’s first in-service intelligent core optical switch, today announced that Infonetics Research, a leading market research and consulting firm, has identified Tellium as a leader in the worldwide long-haul optical switching market, growing revenue faster than the market as a whole.

Tellium’s third quarter revenue grew by more than 30 percent over second quarter revenue as reported in Intelligent Optical Network Hardware, Infonetics Research’s quarterly worldwide market share and forecast service. In comparison, the total worldwide revenue for the third quarter 2001 long-haul optical switch market was approximately $161 million, an increase of 20 percent over second quarter 2001 totals of approximately $134 million.

The forecast also reported that Tellium has 25 percent of third quarter 2001 revenue market share in the long-haul optical switch market.

“Our market share and forecast service tracks the leading companies in the intelligent optical networking hardware arena,” said Michael Howard, Infonetics Research principal analyst and co-founder. “Among all long-haul optical switch makers, Tellium is a strong second based on their third quarter revenue, following Ciena.”

Since the fourth quarter of 2000, Infonetics Research has been providing the industry with its Intelligent Optical Network Hardware forecast. According to Howard, over the past four consecutive quarters, Tellium has been among the leaders consistently gaining revenues and capturing market share.

“Infonetics Research further validates Tellium’s position in the industry,” said Harry Carr, Tellium’s chairman and chief executive officer. “We’re pleased once again to be recognized as a company capturing market share.”

About Tellium
Tellium delivers high-speed, high-capacity, intelligent core optical solutions, that empower service providers around the world to create, run, control and optimize their networks. First in the world to provide in-service, intelligent optical switches, Tellium’s Aurora Optical Switch™ family and the StarNet Software Suite™ together offer service providers a simple and cost-effective evolutionary path to next-generation public networks. More information is available at www.tellium.com.

TelliumŪ…smarter, faster optical networks.™

# # #

This press release contains forward-looking statements based on current expectations, forecasts and assumptions of the Company that involve risks and uncertainties. Forward-looking statements in this release, including, but not limited to Tellium’s leadership position in the industry, are based on information available to the Company as of the date hereof. Forward looking statements are subject to risks and uncertainties associated with the Company's business that could cause actual results to vary materially from those stated or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, economic, customer, key employee, competitive, technological and vendor factors affecting the Company's growth, operations, markets, products, services and other factors and other risks and uncertainties discussed in the Company's filings with the Securities and Exchange Commission, particularly the “Risk Factors” section of the Registration Statement on Form S-1 filed on July 24, 2001. Forward-looking statements include statements regarding the Company's current expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as “anticipate”, “believe”, “could”, “estimate”, “intend”, “may”, “should”, “will”, “would”, “projects”, “expects”, “plans”, or other similar words. The Company assumes no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. Tellium, the Tellium logo, “Smarter, Faster Optical Networks”, “a Brilliant Reality”, Aurora, Aurora 32, Aurora Optical Switch, Aurora 128, Aurora Full-Spectrum, StarNet Software Suite, StarNet Operating System, StarNet OS, StarNet Wavelength Management System, StarNet WMS, StarNet Planner, StarNet Modeler, StarNet Design Tools and others are trademarks or registered trademarks of Tellium, Inc. in the United States and/or other countries. Other marks are the properties of their respective owners.

Media Contact:
Mike Deshaies
Director, Corporate Communications
Tel. 732-923-4160
Mobile: 732-558-3895
mailto:mdeshaies@tellium.com

Tom Topalian
Sr. Manager, Media Relations
Tel: 732-483-2991
Mobile: 732-558-3896
mailto:ttopalian@tellium.com



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· the inaccuracy or otherwise of any information contained in this Release; or
· any loss liability or expense which may be suffered by any party in consequence of acting or omitting to act as a result of any information contained in or omitted from this Release.; or
· any loss or suffering which may be caused by or to any party either as a result of the information contained in this Release or such information contained in this Release being inaccurate or otherwise misleading.

In the event that any information contained in this Release is inaccurate or misleading then please contact WebitPR.com at the above e-mail address.



Infonetics Research Says Tellium Has 25 Percent of Third Quarter 2001 Market Share


OCEANPORT, N.J., December 11, 2001 – Tellium (NASDAQ: TELM), provider of the world’s first in-service intelligent core optical switch, today announced that Infonetics Research, a leading market research and consulting firm, has identified Tellium as a leader in the worldwide long-haul optical switching market, growing revenue faster than the market as a whole.

Tellium’s third quarter revenue grew by more than 30 percent over second quarter revenue as reported in Intelligent Optical Network Hardware, Infonetics Research’s quarterly worldwide market share and forecast service. In comparison, the total worldwide revenue for the third quarter 2001 long-haul optical switch market was approximately $161 million, an increase of 20 percent over second quarter 2001 totals of approximately $134 million.

The forecast also reported that Tellium has 25 percent of third quarter 2001 revenue market share in the long-haul optical switch market.

“Our market share and forecast service tracks the leading companies in the intelligent optical networking hardware arena,” said Michael Howard, Infonetics Research principal analyst and co-founder. “Among all long-haul optical switch makers, Tellium is a strong second based on their third quarter revenue, following Ciena.”

Since the fourth quarter of 2000, Infonetics Research has been providing the industry with its Intelligent Optical Network Hardware forecast. According to Howard, over the past four consecutive quarters, Tellium has been among the leaders consistently gaining revenues and capturing market share.

“Infonetics Research further validates Tellium’s position in the industry,” said Harry Carr, Tellium’s chairman and chief executive officer. “We’re pleased once again to be recognized as a company capturing market share.”

About Tellium
Tellium delivers high-speed, high-capacity, intelligent core optical solutions, that empower service providers around the world to create, run, control and optimize their networks. First in the world to provide in-service, intelligent optical switches, Tellium’s Aurora Optical Switch™ family and the StarNet Software Suite™ together offer service providers a simple and cost-effective evolutionary path to next-generation public networks. More information is available at www.tellium.com.

TelliumŪ…smarter, faster optical networks.™

# # #

This press release contains forward-looking statements based on current expectations, forecasts and assumptions of the Company that involve risks and uncertainties. Forward-looking statements in this release, including, but not limited to Tellium’s leadership position in the industry, are based on information available to the Company as of the date hereof. Forward looking statements are subject to risks and uncertainties associated with the Company's business that could cause actual results to vary materially from those stated or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, economic, customer, key employee, competitive, technological and vendor factors affecting the Company's growth, operations, markets, products, services and other factors and other risks and uncertainties discussed in the Company's filings with the Securities and Exchange Commission, particularly the “Risk Factors” section of the Registration Statement on Form S-1 filed on July 24, 2001. Forward-looking statements include statements regarding the Company's current expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as “anticipate”, “believe”, “could”, “estimate”, “intend”, “may”, “should”, “will”, “would”, “projects”, “expects”, “plans”, or other similar words. The Company assumes no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. Tellium, the Tellium logo, “Smarter, Faster Optical Networks”, “a Brilliant Reality”, Aurora, Aurora 32, Aurora Optical Switch, Aurora 128, Aurora Full-Spectrum, StarNet Software Suite, StarNet Operating System, StarNet OS, StarNet Wavelength Management System, StarNet WMS, StarNet Planner, StarNet Modeler, StarNet Design Tools and others are trademarks or registered trademarks of Tellium, Inc. in the United States and/or other countries. Other marks are the properties of their respective owners.

Media Contact:
Mike Deshaies
Director, Corporate Communications
Tel. 732-923-4160
Mobile: 732-558-3895
mailto:mdeshaies@tellium.com

Tom Topalian
Sr. Manager, Media Relations
Tel: 732-483-2991
Mobile: 732-558-3896
mailto:ttopalian@tellium.com



THIS RELEASE HAS BEEN DISTRIBUTED BY WEBITPR (www.webitpr.com)

Disclaimer:

Whilst WebitPR.com Limited endeavour to ensure the accuracy of the information contained in this Release, WebitPR.com Limited cannot accept any liability for:-

· the inaccuracy or otherwise of any information contained in this Release; or
· any loss liability or expense which may be suffered by any party in consequence of acting or omitting to act as a result of any information contained in or omitted from this Release.; or
· any loss or suffering which may be caused by or to any party either as a result of the information contained in this Release or such information contained in this Release being inaccurate or otherwise misleading.

In the event that any information contained in this Release is inaccurate or misleading then please contact WebitPR.com at the above e-mail address.