EXFO's solution was selected based on next-generation OTDR
technology and innovative software that bring the highest level of
automation to monitor nearly 3,000 km of mission-critical fiber
plant
QUEBEC CITY, Aug. 12, 2015 /CNW
Telbec/ - EXFO Inc. (NASDAQ: EXFO; TSX:
EXF) announced today it has obtained a multi-million dollar
order from a government entity in the Asia-Pacific region for a fiber monitoring
system that will monitor a mission-critical, high-speed, IP/MPLS
(Internet Protocol/Multiprotocol Label Switching) network spanning
over nearly 3,000 kilometers.
EXFO's fiber monitoring solution, branded as NQMSfiber, provides
real-time surveillance of an optical network 24 hours per day,
seven days per week. It is indispensable for detecting fiber bends,
fiber cuts and fiber degradations over time, all of which can
impede communications across a network.
NQMSfiber consists of optical time domain reflectometers
(OTDRs), in the form of remote test units, providing high
resolution and accurate loss measurements along fiber links. These
units are combined with a web-based element management system
(EMS), offering users a centralized access to results and an
intuitive interface to analyze alarms and other events. This order
is expected to be recognized into revenue in fiscal 2016.
"EXFO's next-generation OTDR technology and innovative software,
offering the highest level of automation and integration, played a
major role in securing this deal, since they ensure unmatched
network operation and maintenance," said Stephane Chabot, Vice-President of EXFO's
Physical-Layer Division. "The added capabilities of our fiber
monitoring system, with sophisticated functions like self-learning,
programmable alarm management and dashboard reporting on fiber
availability, placed our solution head-and-shoulders above the
competition. In short, our fiber monitoring solution not only
provides our customers with valuable, end-to-end visibility and key
performance indicators (KPIs), but it also saves them precious time
and money."
About EXFO
EXFO enables extraordinary experiences on
global networks. Our test, service assurance and network visibility
solutions allow equipment manufacturers and network operators to
deliver a wealth of services to consumers, while increasing network
capacity and reducing operating costs. From a company executive
holding a telepresence meeting with overseas staff to a runner
transferring data from wearable technology, EXFO's inherent
expertise and powerful analytics render these events commonplace.
Simply put, we have evolved over our 30-year history to ensure
unmatched quality of service and quality of experience on
next-generation fixed and mobile networks. EXFO has a staff of
approximately 1600 people in 25 countries, supporting more than
2000 customers worldwide. For more information, visit www.EXFO.com
and follow us on the EXFO Blog, Twitter, LinkedIn, Facebook,
Google+ and YouTube.
Forward-Looking Statements
This press release contains
forward-looking statements within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995, and we intend that such
forward-looking statements be subject to the safe harbors created
thereby. Forward-looking statements are statements other than
historical information or statements of current condition.
Words such as may, expect, believe, plan, anticipate, intend,
could, estimate, continue, or similar expressions or the
negative of such expressions are intended to identify
forward-looking statements. In addition, any statement that
refers to expectations, projections or other characterizations of
future events and circumstances are considered forward-looking
statements. They are not guarantees of future performance
and involve risks and uncertainties. Actual results may differ
materially from those in forward-looking statements due to various
factors including, but not limited to, macroeconomic uncertainty as
well as capital spending and network deployment levels in the
telecommunications industry (including our ability to quickly adapt
cost structures with anticipated levels of business and our ability
to manage inventory levels with market demand); future economic,
competitive, financial and market conditions; consolidation in the
global telecommunications test and service assurance industry and
increased competition among vendors; capacity to adapt our future
product offering to future technological changes; limited
visibility with regards to timing and nature of customer
orders; longer sales cycles for complex systems involving
customers' acceptances delaying revenue recognition; fluctuating
exchange rates; concentration of sales; timely release and market
acceptance of our new products and other upcoming products; our
ability to successfully expand international operations; our
ability to successfully integrate businesses that we acquire; and
the retention of key technical and management personnel.
Assumptions relating to the foregoing involve judgments and risks,
all of which are difficult or impossible to predict and many
of which are beyond our control. Other risk factors that may affect
our future performance and operations are detailed in our Annual
Report, on Form 20-F, and our other filings with the U.S.
Securities and Exchange Commission and the Canadian securities
commissions. We believe that the expectations reflected in the
forward-looking statements are reasonable based on information
currently available to us, but we cannot assure that the
expectations will prove to have been correct. Accordingly, you
should not place undue reliance on these forward-looking
statements. These statements speak only as of the date of this
document. Unless required by law or applicable regulations, we
undertake no obligation to revise or update any of them
to reflect events or circumstances that occur after the date of
this document.
SOURCE EXFO inc.