HANOVER, Md. -- (BUSINESS WIRE) -- Salt River Project (SRP), an Arizona public power utility and water supplier, will modernize its backbone network with Ciena® Corporation’s (NYSE: CIEN) converged packet optical platform to improve network resiliency, reduce costs, and increase capacity. This upgrade will enable SRP to support the surging demand for high-bandwidth services driven by supervisory control and data acquisition (SCADA), grid automation and storage traffic. In addition, SRP’s network will be able to support more dynamic applications, such as smart meters and substation automation, to enable real-time information monitoring and control, and provide increased electric-system reliability, improved power quality and faster service restoration capabilities.
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About Salt River Project
SRP is the nation’s third-largest public power utility and the largest provider of power and water to the greater Phoenix metropolitan area, serving more than 990,000 electric customers and delivering raw water to more than 2 million people living in central Arizona. To find out more please visit www.srpnet.com.
Ciena (NYSE: CIEN) is the network specialist. We collaborate with customers worldwide to unlock the strategic potential of their networks and fundamentally change the way they perform and compete. Ciena leverages its deep expertise in packet and optical networking and distributed software automation to deliver solutions in alignment with its OPn architecture for next-generation networks. We enable a high-scale, programmable infrastructure that can be controlled and adapted by network-level applications, and provide open interfaces to coordinate computing, storage and network resources in a unified, virtualized environment. For updates on Ciena news, follow us on Twitter @Ciena or on LinkedIn http://www.linkedin.com/company/ciena. Investors are encouraged to review the Investors section of our website at www.ciena.com/investors, where we routinely post press releases, SEC filings, recent news, financial results, and other announcements. From time to time we exclusively post material information to this website along with other disclosure channels that we use.
Note to Ciena Investors
Forward-looking statements. This press release contains certain forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties. These statements are based on information available to the Company as of the date hereof; and Ciena's actual results could differ materially from those stated or implied, due to risks and uncertainties associated with its business, which include the risk factors disclosed in its Report on Form 10-Q, which Ciena filed with the Securities and Exchange Commission on March 7, 2014. Forward-looking statements include statements regarding Ciena's expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. Ciena assumes no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.