Some of the information on this website may contain projections or other forward-looking statements regarding future events or the future financial performance of the company. These statements are based on current expectations, estimates, forecasts, and projections about the industries in which we operate and the beliefs and assumptions of our management. We use words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “goal,” “intend,” “may,” “plan,” “project,” “seek,” “should,” “target,” “will,” “would,” variations of such words, and similar expressions to identify forward-looking statements. In addition, statements that refer to projections of earnings, revenue, margins, costs or other financial items; anticipated trends in our business or key markets; improvements in the capital spending environment; future economic conditions and performance; anticipated performance of products or services or industry rankings; plans, objectives and strategies for future operations; future economic conditions or performance; and other characterizations of future events or circumstances, are forward-looking statements. We wish to caution you that these forward-looking statements are only predictions and that actual results may differ materially and adversely from those expressed in any forward-looking statements.

Factors that might cause such a difference include, but are not limited to, the economic slowdown in the telecommunications industry that has restricted the ability of our customers to purchase our products, commercial acceptance of our SLMS products, intense competition in the communications equipment market from large equipment companies as well as private companies with products that address the same networks needs as our products, higher than anticipated expenses that we may incur, and other risks factors discussed in our Forms 10-K, 10-Q and 8-K, which are on file with the SEC at www.sec.gov and are also available on this website at http://www.zhone.com/investors/. Zhone assumes no obligation and does not intend to update any forward-looking statements.

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