2012-11-20 09:19:38 -
MARTINSRIED, GERMANY and MUNICH, GERMANY -- (Marketwire) -- 11/20/12 -- ADVA Optical
Networking SE /
ADVA Optical Networking Makes Strategic Investment in Saguna Networks.
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The issuer is solely responsible for the content of this announcement.
USD 1 Million Investment Underlines Growing Demand for Content Caching in
Mobile
Backhaul Networks
ADVA Optical Networking today
announced that it has made a strategic investment in Saguna Networks
and its
Content Optimization Delivery Systems (CODS) technology. Saguna
Networks'
approach to optimizing content delivery in mobile backhaul
infrastructures
focuses upon transporting content directly from the mobile network base
station
straight to subscribers. This approach is unique within the mobile
industry and
enables operators to significantly improve resource utilization, enhance
user
Quality of Experience (QoE) and drive greater profitability by
monetization of
content.
"Mobile networks are evolving at a phenomenal pace, one that demands
mobile
providers keep pushing the boundaries of what's possible," said Brian
Protiva,
chief executive officer of ADVA Optical Networking. "Based on the strong
working
relationship we've developed with Saguna Networks, our USD 1 million
investment
clearly highlights our belief in its technology and in our shared
vision for
mobile networks. People want mobile content wherever they are and whenever
they
need it. To achieve this, cell site caching and mobile
optimization are
critical. This not only guarantees a greater user experience but also
enables
mobile operators to harness their existing infrastructures and
drive
profitability. That's why we're combining our technologies to build a
totally
unique solution."
Saguna Network'sCODS works by loading the integrated cache servers in the
cell
site gateway or network interface device with popular content. Since
this
content is already on the radio access network, the system saves time,
bandwidth
and money by enabling mobile operators to disperse traffic
efficiently and
ensuring mobile users access the data from the base station cache
servers
instead of directing them to the main cache servers in the mobile core.
This
translates into better user QoE, saves operators from the need to
expand
capacity by reducing popular content delivery traffic and reduces costs
by as
much as 70%, while enabling monetization by managed content revenues.
"ADVA Optical Networking's investment in our company and our technology
clearly
indicates a shared vision for the development of mobile networks,"
commented
Lior Fite, chief executive officer of Saguna Networks. "The fierce
growth in
mobile data demands new solutions, new ways of both addressing
users'
expectations and operators' needs to grow revenue. Our CODS technology
brings
cloud and over the top services directly into the mobile base station and
this
new partnership with ADVA Optical Networking creates a carrier-grade
platform
that delivers the right services exactly where they're needed - close
to the
mobile user."
With this investment, on a fully diluted basis, ADVA Optical Networking
acquired
a 10% stake in Saguna Networks, with the investment being accounted for
by the
equity method in ADVA Optical Networking's consolidated IFRS
financial
statements.
# # #
About ADVA Optical Networking
ADVA Optical Networking is a global provider of intelligent
telecommunications
infrastructure solutions. With software-automated Optical+Ethernet
transmission
technology, the Company builds the foundation for high-speed,
next-generation
networks. The Company's FSP product family adds scalability and
intelligence to
customers' networks while removing complexity and cost. With a flexible and
fast-moving organization, ADVA Optical Networking forges close partnerships
with
its customers to meet the growing demand for data, storage, voice and video
services. Thanks to reliable performance for more than 15 years, the
Company has
become a trusted partner for more than 250 carriers and 10,000 enterprises
across the globe. For more information, please visit us at
www.advaoptical.com :
www.advaoptical.com .
About Saguna Networks
Saguna Networks is an innovative provider of Radio Access Network
(RAN)
application acceleration and mobile content delivery on HSPA and LTE
networks.
Saguna Networks' Content Optimization Delivery System is a patented
application
acceleration and caching solution for mobile RAN. Saguna CODS™ is a
proven
solution to reduce data loads over the mobile backhaul by up to 70% and
improve
the Radio Interface efficiency by 20% to 30%. Saguna CODS substantially
improve
mobile network operator economics, while creating new level of service
delivery
and user experience in a transparent way. For more information,
please
visit www.saguna.net :
www.saguna.net .
Published By:
ADVA Optical Networking SE, Martinsried/Munich and Meiningen, Germany
www.advaoptical.com :
www.advaoptical.com
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Source: ADVA Optical Networking SE via Thomson Reuters ONE
[HUG#1658364]
For Press:
Gareth Spence
t +44 1904 699 358
public-relations(at)advaoptical.com
For Investors:
Wolfgang Guessgen
t +49 89 89 0665 940
investor-relations(at)advaoptical.com
