Corning Provides Fiber Optic Network Cabling and Connectivity for Final Presidential Debate
CORNING, N.Y.--(BUSINESS WIRE)-- Corning Cable Systems LLC, part of Corning Incorporated's (NYS: GLW) Telecommunications segment, is providing the fiber optic network cabling and connectivity for the final presidential debate on Oct. 22 at Lynn University in Boca Raton, Fla.
President Barack Obama and Mitt Romney, the Republican nominee, will discuss foreign policy issues for 90 minutes with CBS' Bob Schieffer serving as moderator.
The presidential debate will be aired on more than 10 major networks and covered by hundreds of media members, requiring a lightning-fast, high volume of bandwidth with proven connectivity. The final debate in the 2008 presidential election was watched by 56.5 million viewers, with a similar size audience expected to watch this year's final debate.
"Corning has stepped up to the plate and has brought forward a fantastic and cutting-edge solution for our debate infrastructure," said Chris Boniforti, Lynn University chief information officer. "This will permit us to run network equipment at 10GB speed and allow us to take advantage of high-speed networking equipment. We are really excited that this same key infrastructure will get re-used by our students after the debate. This is a wonderful partnership, and we are excited about our future with Corning."
"Corning is honored to be a critical part of this historic event, and we are confident that Lynn University will have the high-performing network it needs for the debate to be an enormous success," said Stuart Hoiness, senior vice president, Enterprise Networks, Corning Cable Systems. "The future-proof reliability and bandwidth potential of this infrastructure should serve the campus well for many years to come."
To meet the demand for more bandwidth, Corning has installed its LANscape® Solutions. The new fiber optic network will remain after the debate for the university to use. The network includes FREEDM® One indoor/outdoor fiber optic cable, newly designed Closet Connector Housings, UniCam® field-installable no-epoxy/no-polish connectors, and a UniCam® Connector Installation toolkit.
Corning has become an industry leader in expanding the communications capabilities in large venues such as M&T Stadium, home of the Baltimore Ravens, and for events such as Super Bowl XLVI, CTIA WIRELESS 2012, and multiple venues associated with the 2012 Democratic and Republican national conventions.
For additional information on Corning Cable Systems products and services, contact a customer service representative at 1-800-743-2675, toll free in the United States; or (+1) 828-901-5000, international; or visit the website at www.corning.com/cablesystems.
Forward-Looking and Cautionary Statements
This press release contains "forward-looking statements" (within the meaning of the Private Securities Litigation Reform Act of 1995), which are based on current expectations and assumptions about Corning's financial results and business operations, that involve substantial risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include: the effect of global political, economic and business conditions; conditions in the financial and credit markets; currency fluctuations; tax rates; product demand and industry capacity; competition; reliance on a concentrated customer base; manufacturing efficiencies; cost reductions; availability of critical components and materials; new product commercialization; pricing fluctuations and changes in the mix of sales between premium and non-premium products; new plant start-up or restructuring costs; possible disruption in commercial activities due to terrorist activity, armed conflict, political or financial instability, natural disasters, adverse weather conditions, or major health concerns; adequacy of insurance; equity company activities; acquisition and divestiture activities; the level of excess or obsolete inventory; the rate of technology change; the ability to enforce patents; product and components performance issues; retention of key personnel; stock price fluctuations; and adverse litigation or regulatory developments. These and other risk factors are detailed in Corning's filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the day that they are made, and Corning undertakes no obligation to update them in light of new information or future events.
About Corning Incorporated
Corning Incorporated (www.corning.com) is the world leader in specialty glass and ceramics. Drawing on more than 160 years of materials science and process engineering knowledge, Corning creates and makes keystone components that enable high-technology systems for consumer electronics, mobile emissions control, telecommunications and life sciences. Our products include glass substrates for LCD televisions, computer monitors and laptops; ceramic substrates and filters for mobile emission control systems; optical fiber, cable, hardware & equipment for telecommunications networks; optical biosensors for drug discovery; and other advanced optics and specialty glass solutions for a number of industries including semiconductor, aerospace, defense, astronomy, and metrology.
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