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Avanex Corporation Receives Tellabs, Inc. Value Engineering Award for 2008

^{Published on 2009-01-06 06:42:57, Last Modified on 2009-01-06 06:43:30 - Market Wire}
 

FREMONT, Calif.--([ BUSINESS WIRE ])--Avanex Corporation (NASDAQ:AVNX), a pioneering provider of intelligent photonic solutions that enable next-generation optical networks, announced today that it had received the Tellabs, Inc. Value Engineering Award for 2008. The award was presented to Avanex at the Tellabs Supplier Alliance Day event, held at Tellabs' headquarters and was given in recognition of Avanex's contributions to cost reduction through innovation, specifically for optical amplifier subsystem products.

Avanex Oasis platform modules and subsystems, now in their 4^th generation, provide a competitive edge by seamlessly integrating multiple optical functions including amplification, performance monitoring, wavelength switching, and dispersion compensation in low-cost optical subsystems. Through the collaborative development of subsystem linecards, Avanex delivers an improved cost structure while providing superior optical, electrical, and thermal performance to its customers.

Avanex President and CEO Giovanni Barbarossa commented, "The central technical challenge currently facing optical networking providers is to deliver next generation products with the lowest cost per bit and with differentiated, high performance features. We appreciate Tellabs' recognition of our ability to work with them to satisfy these requirements and to meet their aggressive schedules."

To learn more about Avanex Oasis products, please visit: [ www.avanex.com ].

About Avanex

Avanex Corporation is a leading global provider of Intelligent Photonic Solutions(TM) to meet the needs of fiber optic communications networks for greater capacity, longer distance transmissions, improved connectivity, higher speeds and lower costs. These solutions enable or enhance optical wavelength multiplexing, dispersion compensation, switching and routing, transmission, amplification, and include network-managed subsystems. Avanex Corporation was incorporated in 1997 and is headquartered in Fremont, California. Avanex Corporation also maintains facilities in Horseheads, New York; Shanghai, China; Villebon Sur Yvette, France; San Donato, Italy; and Bangkok, Thailand. To learn more about Avanex Corporation, visit our web site at: [ www.avanex.com ].