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TMCNet:  North State Deploying Zhone Solution

[January 25, 2013]

North State Deploying Zhone Solution

(FinancialWire via COMTEX) -- January 25, 2013 (FinancialWire) -- Communications network equipment manufacturer Zhone Technologies Inc. (NASDAQ: ZHNE) recently announced that its ONT was deployed by North State, a broadband and entertainment provider based in High Point, North Carolina, to deliver IPTV and video services via fiber-to-the-home. North State reportedly maintains a network comprising more than 68,000 miles of high-capacity fiber delivering voice, video, broadband Internet for residential services and networking, IP services, and critical back-up and disaster recovery solutions for businesses.
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In July 2012, North State enhanced their Plex advanced TV offering, providing customers the highest quality interactive TV services available, according to Zhone. Supported by Zhone's ONTs with integrated residential gateway functionality, North State has since moved more than 5,000 live customers to the new platform, according to Zhone.

With Zhone as the access platform, the ONT acts as a smart device providing full gateway functionality, thus eliminating the requirement for a second device inside the home to control routing functionality needed to deliver enhanced features, Zhone officials noted.

Zhone Technologies (approx market cap. US$ 20.2 mil.), together with its subsidiaries, designs, develops and manufactures communications network equipment for telecommunications, wireless and cable operators worldwide. The company was founded in 1999 and is headquartered in Oakland, California.

========= ZHNE stock info: Last quote at close: $0.65 Last close vs. 50-day moving avg.: +25.0% Last close vs. 200-day moving avg.: +18.2% Last close vs. 52-wk high: -57.2% 3-mo. avg. daily volume: 59,713 shares Approx. avg. daily money volume: $31,051 ========= INDEPENDENT EQUITY RESEARCH for companies mentioned in the news is available through the Investrend Research Syndicate (at http://www.investrend.com/research/resources/).

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