OTTAWA, ONTARIO--(Marketwire - April 3, 2008) - Enablence Technologies Inc. ("Enablence Technologies" or the "Corporation") (TSX VENTURE:ENA) issues the following no material change statement in light of recent activities:
The Corporation wishes to reiterate its view that the Fiber-to-the-Home (FTTH) market continues to grow at a healthy pace and that any changes in the distribution channels in the US are not projected to have a material effect on the Corporation's outlook or demand for its products.
The Enablence technology platform is interoperable with all standard FTTH systems including Gigabit Ethernet Passive Optical Networks (GE-PON), Broadband Passive Optical Networks (BPON) and Gigabit Passive Optical Networks (GPON) and is designed for deployment in North America and international markets. As such, Enablence currently contemplates no changes to its previously announced plans for developing its product lines or its plans for volume production and vertical integration.
About Enablence Technologies Inc.
Using its proprietary Planar Lightwave Circuit (PLC) "dispersion bridge" platform, Enablence Technologies is a developer of GE-PON, BPON and GPON products for the global rollout of Fiber-to-the-Home (FTTH). Enablence Technologies has product offerings in the access, metro and long haul markets and has two subsidiary companies; Albis Optoelectronics AG and ANDevices Inc.
Forward Looking Statements
The statements in this press release may contain forward looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Corporation's expectations and projections.
The TSX Venture Exchange has not approved this press release and does not accept responsibility for the adequacy or accuracy of this press release.