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PennyStockChaser.com: Zhone Technologies, Inc. (NASDAQ: ZHNE) Hot Stock on the Move!

Wed. May 20, 2009; Posted: 11:17 AM
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May 20, 2009 (M2 PRESSWIRE via COMTEX) -- ZHNE | Quote | Chart | News | PowerRating -- PennyStockChaser.com is pleased to offer a hot stock alerts service. Investors can receive FREE Stock Alerts by visiting the following link: http://www.pennystockchaser.com/join-now/

Today's news alerts include: Zhone Technologies Joins Full Service Access Network (FSAN) Group

Zhone Joins Leading Telecommunications Service Providers, Test Labs and Equipment Suppliers to Advance Next Generation Optical Networks

OAKLAND, Calif., May 20, 2009 -- Zhone Technologies, Inc. (NASDAQ: ZHNE), a global leader in multi-service access solutions, announced today its membership in the Full Service Access Network (FSAN) Group, an industry interest group including more than 70 of the world's leading telecommunications services providers, independent test labs, and equipment suppliers. FSAN members collaborate to ensure multi-vendor interoperability and guide technology evolution and architecture options for next generation PON systems.

"As growth in GPON adoption continues to accelerate worldwide, the need for multi-vendor coordination to validate interoperable adherence to the ITU -T G.984 Series standards grows with it," noted Kent McCammon, current FSAN chair. "We are pleased to extend our membership to include new vendors like Zhone who have demonstrated both their commitment to fully standards-compliant implementations, as well as the experience in access innovation required to contribute to the definition of the next generation of PON standards."

"FSAN is an essential catalyst for adoption of GPON worldwide," said Steven Glapa, Zhone's VP of product management and marketing. "Since we've designed our GPON implementations with multi-vendor interop in mind from the start and have already shown the value of strict adherence to standards in multi-vendor deployments in the field, we look forward to contributing this experience as part of the FSAN team."

About Zhone Technologies -- Access for a Converging World

Zhone Technologies, Inc. (NASDAQ: ZHNE | Quote | Chart | News | PowerRating) is a global leader in multi-service access solutions, serving more than 700 of the world's most innovative network operators. The company offers the industry's only fully-integrated portfolio of MSAP, FTTx, EFM and Wi-Fi access technologies, improving network agility and reducing the costs of delivering the full spectrum of access services, including residential and business broadband, VoIP, and High-Definition IPTV -- over copper, fiber, and wireless. Zhone is headquartered in California, and its MSAP products are all manufactured in the USA, in a facility that is emission, waste-water, and CFC free.

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