Corning’s Evolv™ Solution with Pushlok™ Technology Wins Product Brand of the Year Category At the German Brand Awards 2021

Corning’s Evolv™ Solution with Pushlok™ Technology Wins Product Brand of the Year Category At the German Brand Awards 2021. The Evolv solution supports FTTP and 5G deployments in today’s increasingly space-constrained environments enabling operators to push their networks to go faster, go simpler, go smaller and go anywhere. This is the first product design award for Evolv Drops and Terminals.

 
Corning’s Evolv ™ Terminals and Drops recognized as the “Product Brand of the Year” with a special mention in “Telecommunication & IT”

 

 Corning Incorporated (NYSE: GLW) announced today that its Evolv™ Terminals and Drops with Pushlok™ Technology have been recognized as the “Product Brand of the Year” at the 2021 German Brand Award. The product line also received a special mention in the “Telecommunications & IT” category. This is the first award win for Corning’s solution.

Next-generation passive optical and 5G networks promise to deliver life-changing applications at ever-increasing speeds. Remote surgeries, autonomous cars and industry 4.0 require low latencies and a bandwidth only 5G can offer. However, these next-generation network architectures require advanced solutions to support increased bandwidth demands. Space is always an issue in urban areas and 5G requires more small cells to be discretely placed in already congested environments.

Evolv™ Terminals and Drops are the solution, supporting FTTP and 5G deployments in today’s increasingly space-constrained environments, especially where congested polls or ducts are an issue, space is a concern, and aesthetics are critical. The improved aesthetics allow operators to deploy terminals for any type of fiber-to-the-premises network with minimal visual impact. The Pushlok™ Technology also enables simple one-handed drop installation, with tactile and audible feedback.

“This is our first product design award for Evolv Drops and Terminals and we are very proud of our solutions as they enable operators to push their networks to go faster, go simpler, go smaller and go anywhere,” said Patricia Benlloch, EMEA Carrier Networks Marketing Manager, Corning Optical Communications. “Our world is getting smaller, as networks connect people and devices all over the globe. Next-generation passive optical and 5G networks promise to deliver life-changing applications at ever increasing speeds. These network architectures require advanced solutions to support increased bandwidth demands and that’s exactly what our Evolv portfolio offers.”

Entries in the “Product Brand of the Year” and “Telecommunication & IT” categories included a range of leading technologies. In 2021, the German Brand Awards were able to achieve a great international response with 1134 submissions from 17 countries. Products were evaluated on their innovation, design, unique features and benefits to customers. The German Brand Awards is organized by the German Brand Institute in order to strengthen brand management and honor excellence in both the German and the international market.

 

Forward-Looking and Cautionary Statements

This press release contains “forward-looking statements” (within the meaning of the Private Securities Litigation Reform Act of 1995), which are based on current expectations and assumptions about Corning’s financial results and business operations, that involve substantial risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include: the effect of global political, economic and business conditions; conditions in the financial and credit markets; currency fluctuations; tax rates; product demand and industry capacity; competition; reliance on a concentrated customer base; manufacturing efficiencies; cost reductions; availability of critical components and materials; new product commercialization; pricing fluctuations and changes in the mix of sales between premium and non-premium products; new plant start-up or restructuring costs; possible disruption in commercial activities due to terrorist activity, armed conflict, political or financial instability, natural disasters, adverse weather conditions, or major health concerns; adequacy of insurance; equity company activities; acquisition and divestiture activities; the level of excess or obsolete inventory; the rate of technology change; the ability to enforce patents; product and components performance issues; retention of key personnel; stock price fluctuations; and adverse litigation or regulatory developments. These and other risk factors are detailed in Corning’s filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the day that they are made, and Corning undertakes no obligation to update them in light of new information or future events.

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In accordance with guidance provided by the SEC regarding the use of company websites and social media channels to disclose material information, Corning Incorporated (“Corning”) wishes to notify investors, media, and other interested parties that it intends to use its website (http://www.corning.com/worldwide/en/about-us/news-events.html) to publish important information about the company, including information that may be deemed material to investors. The list of websites and social media channels that the company uses may be updated on Corning’s media and website from time to time. Corning encourages investors, media, and other interested parties to review the information Corning may publish through its website and social media channels as described above, in addition to the company’s SEC filings, press releases, conference calls, and webcasts.

About Corning Incorporated

Corning (www.corning.com) is one of the world's leading innovators in materials science, with a more than 165-year track record of life-changing inventions. Corning applies its unparalleled expertise in glass science, ceramic science, and optical physics along with its deep manufacturing and engineering capabilities to develop category-defining products that transform industries and enhance people's lives. Corning succeeds through sustained investment in RD&E, a unique combination of material and process innovation, and deep, trust-based relationships with customers who are global leaders in their industries.

Corning's capabilities are versatile and synergistic, which allows the company to evolve to meet changing market needs, while also helping our customers capture new opportunities in dynamic industries. Today, Corning's markets include optical communications, mobile consumer electronics, display technology, automotive, and life sciences vessels. Corning's industry-leading products include damage-resistant cover glass for mobile devices; precision glass for advanced displays; optical fiber, wireless technologies, and connectivity solutions for state-of-the-art communications networks; trusted products to accelerate drug discovery and delivery; and clean-air technologies for cars and trucks.

 

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