Movaz Networks awarded $14 million network contract by Chunghwa Telecom

January 29, 2003--Movaz Networks announced today the award of a $14 million optical network contract by Chunghwa Telecom (CHT) to build a nationwide optical infrastructure consisting of 21 metropolitan DWDM rings.

Jan 29th, 2003

Movaz Networks announced today the award of a $14 million optical network contract by Chunghwa Telecom (CHT) to build a nationwide optical infrastructure consisting of 21 metropolitan DWDM rings. Chunghwa Telecom is the national PTT in Taiwan with over 20 million subscribers for fixed and mobile phone as well as high-speed data services.

Working through a strategic relationship with Comtrend, a systems integrator in Taiwan, and Capahill Technologies, a technical sales consultancy that operates throughout Asia, Movaz was awarded the multi-phase project with deployments of several hundred RAYexpress optical add/drop multiplexers (OADMs) and RAYextender line amplifiers in interconnected optical rings to transport Gigabit Ethernet and storage area networking services over DWDM wavelengths.

"The CHT win is a tremendous achievement for Movaz, as we competed with incumbent optical equipment providers through several RFP processes over the span of a year," explains Bijan Khosravi, chairman and chief executive officer, Movaz Networks. "The opportunity to build a very large nationwide network of 21 metro DWDM rings exclusively using Movaz technology validates the progress we have made in product maturity and worldwide acceptance. The momentum of our revenue ramp, which grew in excess of 200% quarterly in 2002, is further accelerated and we are off to a great start for 2003," he adds.

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