News & Events

February 2017

DASAN Zhone's common stock to begin trading on adjusted basis on March 1, following one-for-five reverse split

__Oakland, Calif. - Feb. 28, 2017__ - [DASAN Zhone Solutions, Inc.](http://www.dasanzhone.com) (NASDAQ: DZSI), a global leader in fiber access transformation for enterprise and service provider networks, today announced that the previously announced reverse stock split of the company's common stock became effective on February 28, 2017 at a ratio of one-for-five, and that the company's common stock will commence trading on a post-split basis beginning on March 1, 2017. The company received the r... [...]

DASAN Zhone Solutions to Report Fourth Quarter 2016 Financial Results

__Oakland, Calif. - February 01, 2017__ - [DASAN Zhone Solutions, Inc.](http://www.dasanzhone.com) (NASDAQ: DZSI), a global leader in fiber access transformation for enterprise and service provider networks, today announced that the company will report its fourth quarter 2016 financial results on Tuesday, February 21, 2017, after the close of regular market trading. [...]

January 2017

DASAN Zhone Announces Plans for Reverse Stock Split

__Oakland, Calif. - Jan. 6, 2017__ - DASAN Zhone Solutions, Inc. (NASDAQ: DZSI), a global leader in fiber access transformation for enterprise and service provider networks, announced today that its Board of Directors has authorized a reverse stock split at an exchange ratio of between 1-for-3 and 1-for-5 and a corresponding decrease in the number of authorized shares of the company's common stock on a proportional basis. [...]

November 2016

DASAN Zhone Announces Receipt of Letter from Nasdaq Regarding Non-Compliance

[DASAN Zhone Solutions, Inc.](http://www.dasanzhone.com/) (NASDAQ: DZSI), a global leader in fiber access transformation for enterprise and service provider networks, today announced that on November 16, 2016, it received a letter from The Nasdaq Stock Market LLC ("Nasdaq") notifying the company that it was not in compliance with the periodic filing requirements for continued listing set forth in Rule 5250(c)(1) of the Nasdaq Marketplace Rules because its Quarterly Report on Form 10-Q for the qu... [...]

DASAN Zhone Solutions to Reveal Integrated Portfolio For First Time in Asia at ITU Telecom World 2016

__Oakland, Calif. - Nov. 14, 2016__ - DASAN Zhone Solutions, Inc. (NASDAQ: DZSI), a global leader in broad-based network solutions, will attend ITU Telecom World in Bangkok its first Asia event since Zhone Technologies acquired DASAN Network Solutions. The company will exhibit products and services including FTTH GPON, MSAN, G.fast, Mobile Backhaul and Ethernet Switching, at ITU Telecom World booth ITU-T Pavilion 2110.2. [...]

DASAN Zhone Announces Receipt of Decision Letter from Nasdaq for Continued Listing

[DASAN Zhone Solutions, Inc.](http://www.dasanzhone.com/) (NASDAQ: DZSI), a global leader in fiber access transformation for enterprise and service provider networks, announced that, on November 8, 2016, it received a letter from The Nasdaq Stock Market LLC ("Nasdaq") stating that the Nasdaq Hearings Panel (the "Panel") had granted the company's request for continued listing on Nasdaq, subject to the company evidencing compliance with the initial listing minimum bid or closing price requirement ... [...]

Pineapple Hospitality Selects FiberLAN from DASAN Zhone Solutions to Provide High-Speed Internet Access for Guests at The Alise Hotel in San Francisco

__Oakland, Calif. - Nov. 1, 2016__ - When Pineapple Hospitality, a property management company for boutique hotels on the West Coast, began planning the remodel of its historic hotel property, The Alise, the management team set out to update the Internet infrastructure. They needed to find a high-performance bandwidth solution that would support triple-play services and could be installed in a 100-year-old building. In addition, they wanted the Internet network to be live during the three-month ... [...]

October 2016

DASAN Zhone Solutions to Report Third Quarter 2016 Financial Results

__Oakland, Calif. - October 06, 2016__ - [DASAN Zhone Solutions, Inc.](http://www.dasanzhone.com) (NASDAQ: DZSI), a global leader in the fiber access transformation for enterprise and service provider networks, today announced that the company will report its third quarter 2016 financial results on Wednesday, November 9, 2016, after the close of regular market trading. [...]

September 2016

DASAN Zhone Announces Receipt of Delisting Determination Letter from Nasdaq

[DASAN Zhone Solutions, Inc.](http://www.dasanzhone.com) (formerly known as Zhone Technologies, Inc.) (NASDAQ: DZSI), a global leader in fiber access transformation for enterprise and service provider networks, today announced that on September 12, 2016, it received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), as anticipated and disclosed in the company's Current Report on Form 8-K filed on August 29, 2016, notifying the company that, because the company did not satisfy Nasdaq's initial... [...]

DASAN Zhone Announces Receipt of Letter from Nasdaq Regarding Non-Compliance

[DASAN Zhone Solutions, Inc.](http://www.dasanzhone.com) (formerly known as Zhone Technologies, Inc.) (NASDAQ: DZSI), a global leader in fiber access transformation for enterprise and service provider networks, today announced that on September 6, 2016, it received a letter from The Nasdaq Stock Market LLC ("Nasdaq") notifying the company that it was not in compliance with the periodic filing requirements for continued listing set forth in Rule 5250(c)(1) of the Nasdaq Marketplace Rules because ... [...]

Zhone Technologies Completes Acquisition of DASAN Network Solutions to Create Global Leader in Network Access Solutions

[DASAN Zhone Solutions, Inc.](http://dasanzhone.com) (formerly known as Zhone Technologies, Inc.) (NASDAQ: DZSI), a global leader in fiber access transformation for enterprise and service provider networks, announced that its acquisition of DASAN Network Solutions, Inc., a leading network solution provider, has been completed, resulting in the company emerging as a global leader in broad-based network access solutions. In connection with the acquisition, the company issued approximately 47.5 mil... [...]

August 2016

Case Study: Washington State University Saves $630,000

Washington State University (WSU) embarked on a long-term initiative to build and update its housing facilities and faced numerous challenges, including the high cost of installing new Internet infrastructures. For a more cost-effective solution, WSU selected FiberLAN from Zhone Technologies for its Global Scholars Hall, a new residential building on campus. WSU realized a savings of $630,000 by deploying the Gigabit Passive Optical Network (GPON) FiberLAN solution compared to a traditional copp... [...]

July 2016

Zhone Technologies to Report Second Quarter 2016 Financial Results

__Oakland, Calif. - July 5, 2016__ - [Zhone Technologies, Inc.](http://www.zhone.com) (NASDAQ: ZHNE), a global leader in the fiber access market, today announced that the company will report its second quarter 2016 financial results on Thursday, July 21, 2016, after the close of regular market trading. [...]

June 2016

Case Study: Billings Public Schools Saves $3 Million with Zhone Technologies FiberLAN Deployment at 26 School Sites

__Oakland, Calif. - June 20, 2016__ - Billings Public Schools' mission is to provide technology that allows students and staff to live, learn and work successfully in an increasingly complex and information rich society. To achieve that, Billings Public Schools in Billings, Montana is upgrading its aging, copper-based technology platform throughout the district's 26 school sites with Zhone Technologies' FiberLAN solution. In total, utilizing FiberLAN helped the school district save approximately... [...]

April 2016

ZHONE TECHNOLOGIES and DASAN NETWORK SOLUTIONS have signed a definitive agreement to merge the two companies

__Oakland, Calif. - April 12, 2016__ - [Zhone Technologies, Inc.](http://www.zhone.com/) (NASDAQ: ZHNE), a global leader in fiber access transformation for service provider and enterprise networks, today announced that it has entered into a definitive agreement to merge with Dasan Network Solutions, Inc., a leading global network solution provider that establishes end-to-end capabilities across carrier and enterprise markets and wholly owned subsidiary of DASAN Networks, Inc. [...]

Zhone Technologies to Report First Quarter 2016 Financial Results

__Oakland, Calif. - April 4, 2016__ - [Zhone Technologies, Inc.](http://www.zhone.com) (NASDAQ: ZHNE), a global leader in the fiber access market, today announced that the company will report its first quarter 2016 financial results on Wednesday, April 20, 2016, after the close of regular market trading. [...]

March 2016

Zhone Technologies Enters into an Amendment to Extend Maturity Date of Existing Credit Facility with Wells Fargo Capital Finance

__Oakland, Calif. - Mar. 23, 2016__ - [Zhone Technologies, Inc.](http://www.zhone.com/) (NASDAQ: ZHNE), a global leader in the fiber access market, today announced that Zhone entered into an amendment of its existing senior secured revolving credit facility with Wells Fargo Bank, National Association, which among other matters extended the maturity date of the facility from March 31, 2016 to March 31, 2019. The amendment also changed the financial covenants in the facility and reduced the intere... [...]

Zhone Technologies Enters into an Amendment to Extend Maturity Date of Existing Credit Facility with Wells Fargo Capital Finance

__Oakland, Calif. - Mar. 23, 2016__ - [Zhone Technologies, Inc.](http://www.zhone.com/) (NASDAQ: ZHNE), a global leader in the fiber access market, today announced that Zhone entered into an amendment of its existing senior secured revolving credit facility with Wells Fargo Bank, National Association, which among other matters extended the maturity date of the facility from March 31, 2016 to March 31, 2019. The amendment also changed the financial covenants in the facility and reduced the intere... [...]

February 2016

Case Study: Boutique Hotel Provides Free High-Speed Internet For Guests with FiberLAN Solution from Zhone Technologies

__Oakland, Calif. - Feb. 1, 2016__ - When The Gentian Group began designing The Durham Hotel in North Carolina, it set out to create a dynamic destination for locals and travellers alike. To achieve that, The Gentian Group decided to implement Zhone Technologies' FiberLAN solution in order to provide complimentary WiFi services to its guests, an option that many hoteliers charge for. In a case study titled "The Durham Hotel Implements Free High-Speed Internet For Guests with Zhone Technologies' ... [...]

January 2016

Case Study: Grace Christian School Supports Digital Learning with Zhone Technologies Passive Optical LAN Solution

__Oakland, Calif. - Jan. 19, 2016__ - Digital learning, connected devices, and cloud-based software and applications have become essential parts of classroom education at institutions ranging from elementary schools to universities. Grace Christian School, a K-12 school in Anchorage, Alaska, is no different. During the last three years, the school has purchased $100,000 of technology such as SMART Boards®, interactive projectors and Apple TV® modules as part of an initiative to prepare i... [...]

October 2015

Zhone Technologies Sets Earnings Announcement Date for Third Quarter 2015 Financial Results and Announces Preliminary Estimates of Third Quarter Results

[Zhone Technologies, Inc.](http://www.zhone.com/) (NASDAQ: ZHNE), a global leader in the fiber access market, today announced preliminary estimates of its financial results for the third quarter of 2015. Based on preliminary information, net revenue for the third quarter of 2015 is expected to be approximately $22.0 million. Despite the anticipated lower net revenue level, gross margins are expected to be approximately 40% and higher than the previously provided guidance of between 34% and 36%. ... [...]

July 2015

June 2015

Zhone Technologies Announces Establishment of 10b5-1 Trading Plan by Executive Chairman of the Board

[Zhone Technologies, Inc.](http://www.zhone.com/) (NASDAQ: ZHNE), a global leader in the fiber access market, today announced that its Executive Chairman of the Board of Directors, Morteza Ejabat, has established a pre-arranged stock trading plan to sell a portion of company stock held by him over a specific period of time. The stock trading plan is part of a long-term strategy for asset diversification and liquidity and was adopted in accordance with guidelines specified under Rule 10b5-1 of th... [...]

April 2015

January 2015

October 2014

Zhone Technologies Sets Earnings Announcement Date for Third Quarter 2014 Financial Results and Announces Preliminary Estimates of Third Quarter Results

[Zhone Technologies, Inc.](http://www.zhone.com/) (NASDAQ: ZHNE), a global leader in fiber access transformation for service provider and enterprise networks, today announced preliminary estimates of its financial results for the third quarter of 2014. Based on preliminary information, net revenue for the third quarter of 2014 is expected to be between $29 million and $30 million. Despite the anticipated lower net revenue level, gross margins are expected to be near the upper end of the previous... [...]

September 2014

Zhone Technologies to Present at the 5th Annual Craig-Hallum Alpha Select Conference

[Zhone Technologies, Inc.](http://www.zhone.com/) (NASDAQ: ZHNE), a global leader in fiber access transformation for service provider and enterprise networks, announced today that Chief Executive Officer Jim Norrod will present at the 5th Annual Craig-Hallum Alpha Select Conference on Thursday, September 18, 2014 from 2:50 p.m. to 3:20 p.m. EDT. To access the webcast over the Internet, please go to [http://www.zhone.com/investors/](http://www.zhone.com/investors/). A rebroadcast of the presentat... [...]

July 2014

Zhone Technologies Finishes Q2 2014 with Increased MXK Growth and Continued FiberLAN Momentum

[Zhone Technologies, Inc.](http://www.zhone.com/) (NASDAQ: ZHNE), a global leader in fiber network access solutions (FTTx), continues to demonstrate global growth and expansion for its industry leading [MXK](http://www.zhone.com/products/MXK/), surpassing more than 6,700 system deployments with more than 150 service providers around the globe. Additionally, Zhone continued to see a rise in the number of [FiberLAN](http://www.zhone.com/solutions/fiberlan/) Passive Optical LAN deployments. [...]

James Norrod Named CEO of Zhone Technologies

[Zhone Technologies, Inc.'s](http://www.zhone.com/) (NASDAQ: ZHNE) Board of Directors today announced that James Norrod has been named as the Company's new President and Chief Executive Officer. Mory Ejabat will remain as Executive Chairman to provide a seamless transition and deliver strategic guidance as it relates to the carrier access business and future product development. Mr. Norrod will also join the Board effective immediately. [...]

April 2014

January 2014

December 2013

Zhone Technologies to Present at the 16th Annual Needham & Company Growth Conference

[Zhone Technologies, Inc.](http://www.zhone.com) (NASDAQ: ZHNE), a global leader in FTTx network access solutions, announced today that Chairman and Chief Executive Officer Mory Ejabat will present at the 16th Annual Needham & Company Growth Conference on Wednesday, January 15, 2014 from 8:40 a.m. to 9:10 a.m. EST. To access the webcast over the internet, please go to [http://www.zhone.com/investors/](http://www.zhone.com/investors/). Rebroadcast of the presentation will be available shortly aft... [...]

October 2013

Zhone Technologies Closes Q3 with Continued Momentum

[Zhone Technologies, Inc.](http://www.zhone.com/) (NASDAQ: ZHNE), a global leader in FTTx network access solutions, continues to demonstrate global growth and expansion for its industry-leading [MXK™](http://www.zhone.com/products/MXK/) by exceeding a total of more than 5,300 system deployments with over 150 service providers in 40 countries by the close of Q3 2013. [...]

Zhone Technologies to Report Third Quarter 2013 Financial Results

[Zhone Technologies, Inc.](http://www.zhone.com/) (NASDAQ: ZHNE), a global leader in FTTx network access solutions, today announced that the company will report its third quarter 2013 financial results on Thursday, October 17, 2013, after the close of regular market trading. [...]