Market Overview

Grain Connect Teams with DZS to Expand Gigabit-Speed Fiber Network Throughout U.K.

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PLANO, Texas, Dec. 10, 2020 (GLOBE NEWSWIRE) -- DZS (NASDAQ:DZSI), a broadband access innovator and global market leader spanning fixed and mobile edge access and connected premises solutions for service providers and enterprises, today announced that it is helping Grain Connect (Grain) expand its hyper-fast nationwide fiber broadband network—one of the fastest and most advanced in the UK. By leveraging a point-to-point Ethernet architecture, Grain not only delivers speeds up to 25 times faster than the average of U.K. broadband downstream and upstream data rates, but increasingly valued symmetrical services with no drop in performance at peak times.

"As we look to rapidly grow our network, DZS fiber access technology has offered our residential customers superior density and exceptional reliability, which means less downtime and lower maintenance costs," said Rich Robinson, managing director at Grain. "Whether we are going into new or existing communities, we have been able to quickly and cost effectively deliver ‘true fiber' and symmetrical gigabit broadband – ensuring high customer satisfaction. This is even more important during the pandemic as households demand even higher levels of performance and reliability in the face of unprecedented network traffic volume driven by consumers who now work, attend school, play games and watch movies simultaneously from home."

As one of the global leaders in both PON and point-to-point Ethernet fiber access technologies, DZS fiber expertise provides advantage and extraordinary flexibility for service providers. In the case of Grain, the growing operator is leveraging point-to-point symmetrical services as a differentiator, as well as utilizing a variety of DZS active Ethernet systems that can support from 24 to over 500 gigabit-capable subscribers on a single system. Featuring the U.K.'s premier symmetrical service with superfast "ping" times for gamers, Grain brings its hyperfast service bundles to underserved communities, new housing developments, buildings, and individual homes throughout the country. With only 15% of the U.K. able to benefit from direct fiber connectivity today, Grain is just beginning to tap the region's potential market opportunity.

"Grain Connect is proving to be one of the most promising alternative providers in the U.K. market – building symmetrical fiber broadband networks across the country and emerging as a technology leader," said Charlie Vogt, President and CEO at DZS. "Today, they are distinguishing themselves as symmetrical gigabit service leaders, but they also see symmetrical 10 gigabit services clearly on the horizon and stand ready to make the shift as the market demands. We congratulate Grain on their success to date, and look forward helping them continue to innovative point-to-point fiber network, which is yielding best-in-market speed tests and supporting an enviable nationwide growth trajectory."

DZS has long been a champion of agile and innovative service providers around the world, striving to be at the forefront of technology innovation and aggressive growth and offering high-capacity, high performance and operationally efficient fiber access systems. For more information regarding DZS and its fiber access solutions, visit https://dzsi.com/fttx/.

About DZS

DZS Inc. (NSDQ: DZSI) is a broadband access innovator and global market leader spanning fixed and mobile edge access and connected premises solutions for service providers and enterprises. A pioneer in broadband access and mobile AnyHaul platforms with over 20 million products shipped, service providers and enterprises look to DZS for the innovation that leads to future-proof networks and outstanding performance. Over 1,000 service providers, operators, and enterprises in over 100 countries have leveraged DZS innovation, open solutions, and agility to arm them with the network resources and deployment freedom they need to lead in their markets and deliver an unrivaled communications experience. With manufacturing, engineering, service and support centers of excellence spread across the globe, DZS is positioned to bring next-generation technologies and world-class solutions to service providers and enterprises who are poised to transform, compete and win.

DZS, the DZS logo, and all DZS product names are trademarks of DZS Inc. Other brand and product names are trademarks of their respective holders. Specifications, products, and/or product names are all subject to change.

This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Private Securities Litigation Reform Act of 1995. These statements reflect the beliefs and assumptions of the Company's management as of the date hereof. Words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "goal," "intend," "may," "plan," "project," "seek," "should," "target," "will," "would," variations of such words, and similar expressions are intended to identify forward-looking statements. Readers are cautioned that these forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict. The Company's actual results could differ materially and adversely from those expressed in or contemplated by the forward-looking statements. Factors that could cause actual results to differ include, but are not limited to, those risk factors contained in the Company's SEC filings available at www.sec.gov, including without limitation, the Company's annual report on Form 10-K, quarterly reports on Form 10-Q and subsequent filings. In addition, additional or unforeseen affects from the COVID-19 pandemic and the global economic climate may give rise to or amplify many of these risks. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. DZS undertakes no obligation to update or revise any forward-looking statements for any reason.

For further information see: www.DZSi.com.
DZS on Twitter: https://twitter.com/dzs_innovation
DZS on LinkedIn: https://www.linkedin.com/company/DZSi/

About Grain Connect

Grain is a Gigabit full fibre broadband provider, delivering Hyperfast speed, reliable and consistent connections to new residential developments and existing residential properties across the U.K. We use the latest broadband technology to design, build, install and operate a brand new, true fibre network in each community. For more information, get in touch on hello@grainconect.com or visit our website, www.grainconnect.com.

Press Inquiries:
McKenzie Hurst, Thatcher+Co.
Mobile: +1 408.888.6787
Email: mhurst@thatcherandco.com


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