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Sycamore Networks Announces Q1 Fiscal Year 2011 Financial Results Release Date and Webcast Information

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Posted November 23, 2010

CHELMSFORD, Mass.--(BUSINESS WIRE)-- Sycamore Networks, Inc. (NASDAQ: SCMR), a leader in intelligent bandwidth management solutions for fixed line and mobile network operators worldwide, today announced that the Company will report its first quarter fiscal year 2011 financial results for the period ending October 30, 2010, on Wednesday, December 1, 2010, prior to market open.

In conjunction with the release of its first quarter fiscal year 2011 financial results, Sycamore will host a conference call for investors at 8:30 a.m. ET on Wednesday, December 1, 2010. The call will be broadcast live over the Internet. To listen to the live Webcast, visit the Investor Relations section of Sycamore's Web site, located at www.sycamorenet.com. Interested investors are encouraged to log onto the live Webcast at least 15 minutes prior to the call. Participating in the call will be Daniel E. Smith, Sycamore's president and chief executive officer, Paul F. Brauneis, Sycamore's chief financial officer, and Kevin J. Oye, Sycamore's vice president of systems and technology.

About Sycamore Networks

Sycamore Networks, Inc. (NASDAQ: SCMR) develops and markets intelligent bandwidth management solutions for fixed line and mobile network operators worldwide. We also develop and market a mobile broadband solution designed to help mobile operators reduce congestion in mobile access networks. Sycamore products enable network operators to lower overall network costs, increase operational efficiencies, and rapidly deploy new revenue-generating services. Sycamore's global customer base includes Tier 1 service providers, government agencies, and utility companies. For more information, please visit www.sycamorenet.com.

We wish to caution you that certain matters discussed in this news release may constitute forward-looking statements regarding future events that involve risks and uncertainties. Risks and uncertainties in the Company’s business include, but are not limited to, reliance on a limited number of customers; industry pricing pressures; the Company’s decision to focus future development efforts on mobile broadband opportunities; the high cost of product development and keeping pace with evolving features and technologies desired by customers; unexpected difficulties in developing and marketing new mobile broadband products and the inability of new products to achieve market acceptance or to function as expected; the consolidation of both suppliers and customers in the telecommunications marketplace; and general economic conditions. Certain additional risks are set forth in more detail in the section entitled "Risk Factors" in the Company's reports filed on Forms 10-Q and 10-K with the Securities and Exchange Commission. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future results or otherwise.



CONTACT:

Sycamore Networks, Inc.
Investor Relations
Robert Travis, 978-250-3432
bob.travis@sycamorenet.com
or
Press Inquiries
Scott Larson, 978-250-3433
scott.larson@sycamorenet.com

KEYWORDS:   United States  North America  Massachusetts

INDUSTRY KEYWORDS:   Technology  Internet  Networks  Telecommunications

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