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Tellabs Oy Renamed as Coriant Oy

Name Change Underscores Continued Integration Efforts for Coriant

ESPOO, Finland, 03 November 2014 – Coriant, a global supplier of SDN-enabled end-to-end transport solutions, today announced that Tellabs Oy has been renamed Coriant Oy effective October 15, 2014. Key solutions developed in the Espoo R&D center include the Coriant 8600 Smart Router Series and the Coriant 8000 Intelligent Network Manager. The combined product offering enables full end-to-end support for service commissioning, monitoring and troubleshooting.

"Our Finland facility is one of Coriant's global R&D centers of expertise with an experienced team focused on building end-to-end, fully managed edge routing solutions optimized for next-generation mobile backhaul networks," said Hannu Jokinen, Managing Director, Coriant Oy. "These solutions are powered by advanced management capabilities and Software Defined Networking intelligence to help our global customers reduce operational expenses, increase network efficiencies, and introduce new revenue-generating services."

About the Coriant 8600 Smart Router Series:

This edge routing solution was developed to enable mobile backhaul networks to address the needs of the world's mobile operators who are faced with skyrocketing user demand for broadband services. Around the world, Smart Routers have boosted network performance, reined in costs, and offered new mobile services to more than 200 million subscribers. By offering 99.999% availability with carrier-class, built-in synchronization features on a single platform, the 8600 Smart Routers offer customers high-quality mobile Internet and video services wherever they travel.

About the Coriant 8000 Intelligent Network Manager:

The 8000 Intelligent Network Manager combines the best of element management systems with the capabilities of a comprehensive network management system. The result is detailed management of each element in the network and end-to-end service provisioning across the entire network. Advanced, automated tools make it easy to quickly provision new services and attract new customers while retaining existing customers.

About Coriant

Coriant, founded as an independent company in 2013, is an industry-leading supplier of dynamic metro-to-core transport solutions. We serve over 500 customers globally, including 90% of the world's top 50 service providers. Our packet optical, edge router and Software Defined Networking (SDN) solutions enable mobile and fixed line operators to reduce network complexity, increase service velocity, and improve resource utilization as transport networks scale in response to a new generation of high-bandwidth services and applications. The Coriant edge routing solutions portfolio includes the 8600 and 8800 Smart Router Series and the 8000 Intelligent Network Manager.

Coriant was formed from the distinguished technology heritage and proven networking expertise of Nokia Siemens Networks Optical Networks, Tellabs, and Sycamore Networks. The company operates worldwide in more than 48 countries, with R&D centers in Asia, Germany, Portugal, Finland, Canada and the United States, as well as a state-of-the-art production center in Berlin, Germany. Learn more at www.coriant.com.

Contact

Scott Larson Media Relations Coriant +1.978.250.3433 scott.larson@coriant.com

Ari HyvÖnen Coriant Oy +358.9.4131.3554 Ari.Hyvonen@Coriant.com

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