ADVA Optical Networking Wins Light Reading's Company of the Year (Public) Award

ADVA Optical Networking SE / ADVA Optical Networking Wins Light Reading's Company of the Year (Public) Award . Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

Leading Lights Honor Recognizes Company's Spectacular Financial Success and Key Technology Innovations

Austin, Texas, USA. May 24, 2016. ADVA Optical Networking announced today that it has won Light Reading's Leading Lights Company of the Year (Public) award. The company was chosen from a shortlist of major industry players, including AT&T, Cisco and Infinera. The award firmly underlines ADVA Optical Networking's incredible performance in 2015. Not only did the company drive phenomenal growth in revenue and profitability, but it also delivered a number of key technologies across multiple market segments. These included the ADVA FSP 3000 CloudConnect(TM) platform in the data center interconnect (DCI) space, the ADVA ConnectGuard(TM) for network security and its 100G metro solution. ADVA Optical Networking's network functions virtualization (NFV) strategy, including its Overture acquisition, also played a significant role in its award victory.

"2015 stands as a major milestone in our company's history. What our team achieved was nothing short of phenomenal and I'm proud of each and every one of them," said Brian Protiva, CEO, ADVA Optical Networking. "Every member of our team worked together to exceed the expectations of our customers, our shareholders and ourselves. Light Reading's recognition of this effort is a moment that I want our team to savor. This award belongs to no one individual; it belongs to us all. What's exciting, though, is that we're already focused on what comes next. DCI, NFV, network security - our team is working hard to ensure that our technology in these areas continues to help our customers succeed. This is what truly motivates us. We work closely with our customers to ensure they're always able to take the next big step."

Light Reading is widely recognized as one of the industry's most authoritative and insightful editorial organizations. For over 16 years, it has been a part of the networking industry, investigating key stories and highlighting technology trends. Now in its 11^th year, Light Reading's annual Leading Lights Awards recognizes major company achievement and technology innovation. ADVA Optical Networking's success as Company of the Year (Public) is a result of a strong financial performance in 2015. During this period, revenues rose by 30 percent and profits increased by 217 percent. The company also made a number of strategic acquisitions, including Overture. This purchase has helped to propel ADVA Optical Networking's NFV strategy forward. Now seen as an NFV powerhouse, ADVA Optical Networking is one of the few companies in the industry that can claim its NFV technology has been deployed.