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Ciena Corporation to Webcast Analyst Event


Linthicum, MD – 10/05/2006 - Ciena® Corporation (NASDAQ: CIEND*), the network specialist, will host a live webcast of its Analyst Day event to be held on Tuesday, October 10, 2006, beginning at approximately 8:30 AM Eastern and lasting through approximately 4:00 PM Eastern.

Ciena’s key differentiator has always been the practical application of technology and an appreciation of the business needs of our customers. In our day-long event, we will highlight how our network specialist approach is expected to continue to drive momentum and fuel growth in our business as service provider and enterprise networks alike transition to improve service delivery and enable the next-generation of services and applications.

The webcast will be listen-only and will be accessible and archived for replay at in the Events section.

*Effective as of 5:00 p.m. EDT on Friday, September 22, 2006, Ciena completed a one-for-seven reverse split of Ciena common stock. Ciena’s common stock began trading on a split-adjusted basis when the market opened on Monday, September 25, 2006. For a period of approximately 20 days, NASDAQ will append a “D” to Ciena’s stock symbol in order to inform the investment community of the reverse stock split.


Ciena Corporation is the network specialist, focused on expanding the possibilities for its customers’ networks while reducing their cost of ownership. The company’s systems, software and services target and cure specific network pain points so that telcos, cable operators, governments and enterprises can best exploit the new applications that are driving their businesses forward.


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 filed with the Securities and Exchange Commission on August 31, 2006. 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.


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