Heavy Reading Again Ranks Overture Networks No. 1 in Ethernet-over-TDM Market

Overture Maintains Highest Market Share Position in Fourth Quarter and Full Year 2009

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)-- Overture Networks, the industry’s trusted Carrier Ethernet solutions provider, today announced that it has strengthened its leadership position in the expanding Ethernet-over-TDM access circuit market. Leading research firm Heavy Reading estimates that Overture maintained its No. 1 share position in the competitive market segment in the fourth quarter and for the full year 2009.

Overture Networks reported an impressive 69 percent increase in overall bookings for its combined Ethernet over TDM access circuit and Ethernet over fiber access platform portfolio during 2009. The company’s achievements have extended to the overall Carrier Ethernet Access Platform market, which saw worldwide sales rise 11 percent to $1,023 million in 2009, according to Heavy Reading's latest Carrier Ethernet Access Platform Quarterly Market Tracker.

“Overture has experienced a great deal of success in that last year thanks to our market-leading Carrier Ethernet solutions for business services and mobile backhaul,” said Dave Stehlin, President of Overture Networks. “Overture stays ahead of the curve by offering our customers the industry's most complete set of Carrier Ethernet edge and aggregation solutions. Heavy Reading’s research reinforces our position as the influential leader in a market that has seen exciting and sustainable growth despite the general economic downturn.”

Heavy Reading projects the global Carrier Ethernet Access Platform market to increase at a combined annual growth rate (CAGR) of 16.6 percent between 2009 and 2013, reaching nearly $1.89 billion at the end of this period. Carrier Ethernet is expected to maintain a significant growth curve as the demand for applications that are both bandwidth intensive and requiring Ethernet service OAM drive service providers to migrate their networks beyond legacy SDH/ SONET and PDH technologies.

“The outlook appears to be very bright for Carrier Ethernet as vendors look to gain more control over capital and operating costs while boosting revenue numbers in the process,” said Stan Hubbard, senior analyst at Heavy Reading. “With the deployment of new Ethernet OAM capabilities on access platforms, carriers will leverage innovative solutions from companies like Overture to boost Ethernet services and optimize network management functions.”

About Overture Networks

Overture Networks is the preferred Carrier Ethernet edge and aggregation partner to more than 225 service providers and enterprise customers worldwide, including 10 of the top 15 US Carrier Ethernet service providers. Its innovative solutions have proven to be integral to a service provider’s ability to fully leverage Carrier Ethernet to multiply service revenues and streamline operational costs. Headquartered in Research Triangle Park, NC, with a technology center in Richardson, TX, Overture Networks is relentlessly focused on providing solutions at the ever-expanding edge of the network. With its patent-protected, award-winning family of products for both business services and cell site backhaul, Overture Networks uniquely combines the packet-switched and circuit-switched worlds into a single architecture—at cost points that make it extremely attractive to offer Carrier Ethernet services to any size location—over optical fiber or copper transport. For more information, visit http://www.overturenetworks.com.

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