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Press Release -- October 3rd, 2011
Source: Overture Networks
Tags: Ethernet, Expansion, Merger

Overture Networks Extends Leadership Role in Making Carrier Ethernet Connectivity a Network Reality

Top-ranked Carrier Ethernet solutions provider sets new standard of excellence with services integration rollout, worldwide footprint expansion, best-in-class performance

Comptel-Plus - Orlando, FL, October 3, 2011Overture Networks, the industry’s trusted Carrier Ethernet solutions provider continues to raise the bar for Ethernet technology innovation and advancement. The company, which was again named the market’s dominant Carrier Ethernet edge and aggregation platforms provider in the latest quarterly “Carrier Ethernet Access Platforms" (CEAP) tracker published by respected analyst firm, Heavy Reading, has assumed a leadership role in the drive towards ubiquitous high-speed Ethernet connectivity.

“Carrier Ethernet has evolved and matured into a versatile, sophisticated technology that is an essential underpinning in today’s worldwide communications network,” said Kevin Sheehan, President Overture Networks. “As one of the industry’s recognized Carrier Ethernet Edge solution leaders, it is incumbent upon Overture to apply its expertise to the challenge of making global ‘anytime, anywhere’ Ethernet a true network reality.”

The first three quarters of 2011 mark a breakout period for Overture, which has successfully achieved multiple milestones, including its merger with fellow Carrier Ethernet market leader, Hatteras Networks. A host of new growth and cross-pollination sales opportunities generated by the merger have resulted in strong revenue growth, addition of many new customers and introduction of new solutions. The continued aggressive expansion of its global footprint, combined with the ability to reliably deliver the industries broadest range of access solutions to customers around the world have reinforced Overture’s momentum position as the predominant provider of next-generation Carrier Ethernet edge solutions.

“Our research puts Overture at the forefront of delivering compelling Carrier Ethernet solutions to service providers around the globe,” said Stan Hubbard, senior analyst, Heavy Reading. “Their comprehensive portfolio and solid reputation in the market, position them well to support the fastest-growing communications services and applications -- including enterprise Ethernet and access to cloud-based services, wholesale Ethernet access and mobile backhaul applications.”

Further bolstering Overture’s market leadership is the strategic integration of new service offerings and its relocation to new, larger corporate headquarters facilities. It is augmenting its rich product portfolio with new services, including expanded 24x7 technical assistance center with access to live Tier 3 engineer in 30 seconds. Complementing the company’s expanded footprint and services integration is its move to larger facilities in its home base of Research Triangle Park (RTP), North Carolina. With its ongoing personnel expansion and the opening of a new state-of-the-art development and test lab and customer service and support center

For more information about Overture Networks, please visit www.overturenetworks.com or follow @OvertureNews on Twitter.

About Overture Networks

Overture Networks is the preferred Carrier Ethernet edge and aggregation partner to more than 450 service providers and enterprise customers worldwide. The company’s flexible, high-quality and high-performance solutions help service providers fully leverage Carrier Ethernet to multiply revenue and streamline operational costs by cost-effectively enabling high-capacity Ethernet services over any physical media, including fiber, copper and TDM, for applications ranging from speeds of 1Mbps to 10Gbps. With an award-winning universal Ethernet services platform, Overture Networks gives providers a competitive edge for demanding applications, such as cloud computing and mobile communications that require greater bandwidth and smarter networks. Overture Networks is headquartered in Research Triangle Park, NC, with a technology center in Richardson, Texas. For more information, visit http://www.overturenetworks.com.

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