MRV Communications Inc. (MRVC)

[FUNMAN]

... Cash Dividend ... Very interesting.


Karen Singer and Lloyd I. Miller, III Support Boston Avenue Capital's Demand that MRV Communications Pay a Cash Dividend to Its Stockholders
PR Newswire
Posted 9:01 AM 06/30/11


FORT LEE, N.J., June 30, 2011 /PRNewswire/ -- Karen Singer and Lloyd I. Miller, III, collectively beneficial owners of 6,948,705 shares of common stock of MRV Communications, Inc. (Pink Sheet: MRVC), yesterday sent a letter to the board of directors of MRV Communications expressing their support of Boston Avenue Capital's recent demand that the Company declare and pay a special cash dividend to its stockholders. Mrs. Singer and Mr. Miller informed the board that, if it fails to respond to Boston Avenue's demand by taking action in the best interests of its stockholders (i.e., by paying a special dividend), Mrs. Singer and Mr. Miller would explore their options, including, but not limited to, seeking representation on the board of directors.

Contact:
Philip Mandelbaum
Singer Children's Management Trust
2200 Fletcher Avenue, 5th Floor
Fort Lee, NJ 07024
[phone]

SOURCE Singer Children's Management Trust

[FUNMAN]

This is very positive.

More than 65% of today's trades were initiated as buys.

http://ih.advfn.com/p.php?pid=trades&symbol=MRVC

[FUNMAN]

Re management & directors: Does you have an opinion about the people in those positions?

[adamski]

8-K out:

Item 1.01 Entry into a Material Definitive Agreement



On September 10, 2010, MRV Communications, Inc. (the “Company”) and its wholly-owned subsidiary, Source Photonics, Inc., entered into a Settlement and Cross License Agreement (the “Agreement”) with Finisar Corporation. Pursuant to the Agreement, the parties resolved the claims and counterclaims asserted in Civil Action No. CV 10-00032 WHA filed in the Northern District of California, and further resolved issues raised in an arbitration involving a patent license agreement previously entered into between Finisar and a company subsequently acquired by MRV in 2007.



Pursuant to the Settlement Agreement, Source Photonics shall pay a license fee to Finisar in the amount of $14.5 million for a fully paid-up license through December 31, 2015, to be paid by September 30, 2010. The Settlement Agreement also provides a license to Finisar of certain Source Photonics patents through December 31, 2015. The agreement also contains a covenant not to sue for certain products currently made or sold by Source Photonics through December 31, 2015. If Source Photonics is subject to a change of control, the license fee will cover sales up to an annual growth of 20% per year, and provides for a 5% royalty on products exceeding this amount which may be exercised at the sole discretion of Source Photonics or its assignee.



The Company estimates that the portion of the Settlement Agreement attributable to past damages is approximately $4.3 million. During the second quarter of 2010, the Company recorded an accrual related to this litigation of $1.4 million and disclosed a range of potential loss of $1.4 million to $8.1 million, based on the settlement discussions at the time. Accordingly, the Company expects to report an additional expense in the third quarter of 2010 of approximately $2.9 million in selling, general and administrative expenses related to this settlement.



Other terms and conditions of the Settlement Agreement apply. The foregoing description of the Settlement Agreement is not complete and is qualified in its entirety by the full text of such agreement, which is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference herein.



Item 8.01 Other Events



On September 10, 2010, the Board of Directors of the Company approved a repurchase of shares of Common Stock of the Company in an amount up to $10,000,000 under a stock repurchase program operated in accordance with the requirements of Rule 10b-18 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Upon review of the Company’s financial position, business needs and recent prices of shares of the Company’s Common Stock, the Board determined that it was in the best interests of the Company and its stockholders to authorize a repurchase of the Company’s Common Stock from time to time at prevailing market prices by means of open market purchases, privately negotiated transactions, or otherwise. This authorization expires on December 31, 2011.

[investorguy]

Excellent news out today

Reports Net income of $3.6 Million/ $0.02 Per Share

MRV Announces First Quarter Fiscal Year 2010 Financial Results
MRV COMMUNICATIONS, INC. (Pink Sheets:MRVC), today announced financial results for its first quarter ended March 31, 2010.

“I am pleased to announce that we continued to make operational improvements across all of our operating segments, gross margin improved for the fourth consecutive quarter and we achieved profitability for the second consecutive quarter,” commented Noam Lotan, chief executive officer of MRV.

“We believe we are well positioned in the market and we see initial signs that our markets are improving, yet our environment remains challenging and competitive. It is a pivotal time for MRV as we execute upon our strategy and focus on innovation, technology leadership and profitability,” said Lotan.

Consolidated Results

Revenue for the first quarter was $109.1 million, compared with revenue of $124.4 million in the preceding quarter and $103.6 million in the first quarter of the prior year. The sequential decline in revenue is due primarily to normal seasonality.

Gross margin continued to improve both sequentially and year-over-year. First quarter 2010 gross margin was 36 percent, compared with 33 percent in the prior quarter and 20 percent reported in the first quarter of 2009.

The company reported net income from continuing operations attributed to MRV stockholders of $3.6 million in the first quarter of 2010, or $0.02 per diluted share, which included share-based compensation charges of $0.4 million, and depreciation and amortization of $2.4 million. This compares with net income from continuing operations attributable to MRV of $24.7 million, or $0.16 per share in the prior quarter. The prior quarter net income included share-based compensation charges of $0.6 million, depreciation and amortization of $3.1 million, and $24.0 million in income from one-time items comprising a gain of $20.5 million attributed to a settlement agreement, which decreased the potential deferred consideration related to the acquisition of Fiberxon, Inc., and a gain on the sale of our investment in Dune Networks, Inc. of $3.5 million. Net loss from continuing operations attributed to MRV stockholders was $15.4 million, or $0.10 per share, in the first quarter of 2009, which included share-based compensation charges of $0.6 million, and depreciation and amortization of $2.5 million.

Operating Segment Results

The Network Equipment group reported revenue of $30.0 million, compared with $29.7 million in the prior quarter and $24.9 million in the first quarter of 2009.

The Network Integration group reported revenue of $32.7 million, compared with $41.2 million in the fourth quarter of fiscal 2010, and $33.1 million in the first quarter of fiscal 2009.

The Optical Components group, consisting primarily of Source Photonics, Inc., reported revenue of $49.5 million in the first quarter 2010, compared with $56.6 million in the prior quarter and $48.1 million in the first quarter of 2009.

Conference Call

MRV will host a conference call to discuss its first quarter financial results today at 5:00 p.m. Eastern time (2:00 p.m. Pacific time). For parties in the United States and Canada, call 877-941-8418 to access the conference call. International parties can access the call at 480-629-9809. MRV will offer its live audio broadcast of the conference call, along with the financial presentation, on the MRV Investor website at http://ir.mrv.com. For replay information, please visit the MRV Investor website.

[manchester united]

i am only visitor here but I really like this stock.It looks very solid.Good luck all

[ZoZoStockWatch]

&

[Shabow]

This chart looks solid.

[ClayTrader]

MRVC - yep... does look like it'd been working on chipping out a bottom...

[pro_trader]

MRVC has bottomed. Buyers cam into the stock in size today.Closed above its 13 day moving average on heavy volume. Looks to maybe test $1.50 by the end of the week. Shaes should be accumulated now!!

[I- B- N]

MRVC LOL Should have know some of you Gus/Gals would have been on this one also ! Good work .. GLTA

[AugustaFriends]

Come back!!! I'm here follow MRVC at Cancun Party Bash we are in since .81 cents weeeeeeeeeeeee

http://investorshub.advfn.com/boards/board.aspx?board_id=12753

[I- B- N]

MMMM No one Home !

[kazcul]

MRV Introduces Industry's First 10G Ethernet Wireless Point-to-Point System
BusinessWire - April 28, 2008 9:00 AM ET

MRV COMMUNICATIONS, INC. (Nasdaq:MRVC), a leading provider of products and services for WDM and optical transport, metro Ethernet, fiber optic components, 10GE, out-of-band networking and other optical networking products, today announced the TereScope(R) TS-10GE, the industry's first wireless 10-Gigabit Ethernet system.

The system will make its public debut at MRV's booth at Interop (# 459), which runs from April 27 - May 2 in Las Vegas. The system has already been named a "Best of Interop" Finalist in the Wireless and Mobility category.

The line-of-sight TereScope provides enterprises and service providers with a cost-effective and high-bandwidth wireless solution for extending backbone networks between multiple buildings without a need for rights-of-way or a fiber-optic cable plant.

The patented TereScope TS-10GE has a range of up to 850 meters in clear weather. It connects to the LAN using a XFP interface with physical-layer and wavelength flexibility and distances up to 10 kilometers. The TereScope TS-10GE can be connected to an MRV 100Mb RF solution for back up in the event of heavy fog.

"The TereScope TS-10GE fills a void for enterprises moving to 10Gig Ethernet backbones, because it gives them the ability to cost-effectively extend their networks between buildings without dropping down to a lower speed solution," said Noam Lotan, president and CEO of MRV Communications. "The TereScope TS-10GE also complements MRV's OptiSwitch 930 10-Gigabit Ethernet demarcation device, allowing us to give carriers a full complement of access products at 10-Gigabit speeds."

Pricing and Availability

The 10GE TereScope TS-10GE will be available in the second half of 2008 with a list price of $45,000. More information about the TereScope family and its capabilities is on the MRV website at www.mrv.com.

About TereScope

The TereScope family of free-space optics (FSO) products provides cost-effective, high-speed wireless connectivity for a variety of last-mile applications. The TS-10GE uses MRV's patented passive air link (PAL) technology to improve optical coupling with the small area 10 GE detectors. This increases the overall optical budget, which increases link range and reliability. Operating at data rates of 1.5 Mbps to 10 Gbps, TereScope systems do not require right-of-way or government permits for installation and are deployable in a day, providing communication links for service providers or enterprises in hours instead of weeks or months. With more than 7,000 links deployed worldwide, MRV has the most experience in the market at selling, installing and servicing FSO equipment.

About MRV Communications, Inc.

MRV Communications, Inc. ("MRV") is a leading provider of network equipment and services, and optical components. MRV's networking business provides equipment used by commercial customers, governments and telecommunications service providers, and includes switches, routers, physical layer products and out-of-band management products as well as specialized networking products for aerospace, defense and other applications including voice and cellular communication. MRV's optical components business provides optical communications components for metropolitan, access and Fiber-to-the-Premises applications, through its wholly owned subsidiary SourcePhotonics, Inc. MRV markets and sells its products worldwide through a variety of channels, including a dedicated direct sales force, manufacturers' representatives, value-added-resellers, distributors and systems integrators. MRV also has operations in Europe that provide network system design, integration and distribution services that include products manufactured by third-party vendors, as well as internally developed and manufactured products. Publicly traded since 1992, MRV is listed on the NASDAQ National Market under the symbol MRVC. For more information about MRV and its products, please call [phone] or visit our websites at www.mrv.com and www.sourcephotonics.com.

SOURCE: MRV Communications, Inc.

MRV Communications, Inc.
David Rodewald
805-494-9508
[e-mail]

[kazcul]

CRG West Hosts NANOG42 in San Jose, California February 17 - 20, 2008
BusinessWire - February 15, 2008 12:01 PM ET

CRG West is proud to announce it will be the host sponsor of NANOG42, a meeting for both North American and International Internet visionaries, at the San Jose Fairmont Hotel February 17 - 20, 2008.

CRG West will also be holding a private event for clients, thought-leaders in the technology sector, and members of the media on February 19th from 6:00 - 8:30 p.m. The event will be hosted by CRG West at The Loft Bar and Bistro in downtown San Jose at 90 South 2nd Street and sponsored in part by Ekinops, MRV Communications, and Mzima.

"NANOG conferences bring the Internet's most gifted engineering and operations people together, bringing alignment to future innovation and global network development. For several days San Jose will become the center of world Internet thought leadership, and CRG West is honored to play a leading role in facilitating a creative and productive environment supporting the Internet community," said John Savageau, managing director, CRG West.

Working with CRG West to provide high levels of network connectivity is San Jose-based GNi. "It is a pleasure for GNi to be a service provider for NANOG42 because we believe this is a premier event for the network community to discuss pertinent issues related to networking technologies and best practices. We've found the insight from our peers at NANOG to be invaluable over the past six years and we are happy to do what we can to help get the conference online," said Derek Wise, founder and chief technology officer of GNi.

CRG West provides premier data center space and peering opportunities across the United States to more than 350 of the world's leading networks, enterprises and universities. In the San Francisco Bay Area, CRG West manages two data centers which can support up to 200 Watts/SF and are among the region's top peering points.

CRG West continues to grow its portfolio of premier data centers, currently offering carrier-neutral colocation space in Boston, Chicago, Los Angeles, Miami, New York, Northern Virginia, the San Francisco Bay Area, and Washington, D.C.

To RSVP for the private media and thought leader reception, please email Pam Devaney at [e-mail].

About CRG West

CRG West is a world-renowned colocation and property management company. Established in 2001, CRG West provides colocation, connectivity services, remote hands support and the fast growing Internet exchange, the Any2 Exchange, to its growing client base. Now with ten data center locations, CRG West manages carrier-neutral data centers in Boston, Chicago, Los Angeles, Miami, New York, Northern Virginia, the San Francisco Bay Area, and Washington D.C. CRG West provides data center space and peering opportunities across the United States to over 350 of the world's leading networks, enterprises and universities. For more information, please visit www.crgwest.com.

SOURCE: CRG West

for CRG West
Pam Devaney, 858-692-9240
[e-mail]

[kazcul]

MRV Communications to Report Fourth Quarter and Fiscal Year End of 2007 Financial Results on February 28, 2008
BusinessWire - February 04, 2008 8:30 AM ET

MRV COMMUNICATIONS, INC. (Nasdaq:MRVC), today announced that it plans to release the financial results of its fourth quarter and fiscal year end of 2007 on Thursday, February 28, 2008 after the close of regular trading.

MRV will host a conference call to discuss its fourth quarter and fiscal year end of 2007 financial results on Thursday, February 28, 2008 at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time). For parties in the United States and Canada, call 800-240-6709 to access the conference call. International parties can access the call at 303-275-2170. A financial presentation designed to guide participants through the call will also be available. MRV will offer its live audio broadcast of the conference call, along with the financial presentation, on the MRV Investor website at http://ir.mrv.com. For replay information, please visit the MRV Investor website at http://ir.mrv.com.

About MRV Communications, Inc.

MRV Communications, Inc. ("MRV") is a leading provider of network equipment and services, and optical components. MRV's networking business provides equipment used by commercial customers, governments and telecommunications service providers, and includes switches, routers, physical layer products and out-of-band management products as well as specialized networking products for aerospace, defense and other applications including voice and cellular communication. MRV's optical components business provides optical communications components for metropolitan, access and Fiber-to-the-Premises applications, through its wholly owned subsidiary Source Photonics, Inc. MRV markets and sells its products worldwide through a variety of channels, including a dedicated direct sales force, manufacturers' representatives, value-added-resellers, distributors and systems integrators. MRV also has operations in Europe that provide network system design, integration and distribution services that include products manufactured by third-party vendors, as well as internally developed and manufactured products. Publicly traded since 1992, MRV is listed on the NASDAQ National Market under the symbol MRVC. For more information about MRV and its products, please call [phone] or visit our websites at www.mrv.com and www.sourcephotonics.com.

SOURCE: MRV Communications, Inc.

MRV Communications, Inc.
Investor Relations, 818-886-MRVC (6782)
[e-mail]
or
The Blueshirt Group for MRV
Rakesh Mehta, 415-217-7722
[e-mail]

[kazcul]

MRV OptiSwitch Solution Proven in First-Ever Multi-Vendor Mobile Backhaul Interoperability Showcase

Feb 6, 2008 16:23:02 (ET)

CHATSWORTH, Calif., Feb 06, 2008 (BUSINESS WIRE) -- MRV COMMUNICATIONS, INC. (MRVC, Trade ), a leading provider of products and services for out-of-band networking, WDM and optical transport, metro Ethernet, fiber optic components, 10GE and other service aware networking products, today announced that Ethernet demarcation and aggregation devices from its OptiSwitch(R) product line have demonstrated interoperability as part of the world's first mobile backhaul interoperability demonstration at MPLS and Ethernet World Congress 2008 (Feb. 5-8 in Paris) that is organized by EANTC and supported by IP/MPLS Forum and the Metro Ethernet Forum (MEF).

The multi-vendor interoperability demonstration highlighted Circuit Emulation Services in the radio access network, packet-based backhaul, MPLS transport services backhaul and Ethernet operations, administration and management (OAM) tools to maintain and measure SLAs. MRV demonstrated the MEF standards-based carrier Ethernet features of three of its OptiSwitch products that enable mobile operators to differentiate their services portfolio with advanced service level agreements (SLA).

"With wireless networks approaching 'broadband' bandwidth speeds, carriers are turning to optical Ethernet to deploy the highest bandwidth and lowest-cost infrastructure available to backhaul this increase in traffic," said Stan Hubbard, senior analyst for carrier Ethernet services and equipment markets for Heavy Reading. "This interoperability demonstration shows that carrier Ethernet can be broadly deployed for this application. MRV's participation shows it is a leader in supporting the standards that make interoperability possible."

"This interoperability demonstration is an important step toward widespread adoption of carrier Ethernet for mobile backhaul and is a clear indication that an increasing number of vendors are capitalizing on this trend," said Noam Lotan, president and CEO of MRV Communications. "Our OptiSwitch line is designed with the rich feature set that can work cross-functionally with other equipment to bring carrier-grade services to the demarcation and aggregation points of any backhaul network."

MRV's OptiSwitch OS9024-M demonstrated MPLS / hierarchical-VPLS multipoint-to-multipoint transport services and compliance to standard-based traffic engineering, signaling and sub 50ms service protection in a first-mile MPLS aggregation network. For the end-to-end transport connectivity, MRV provided multicast (E-Tree) services according to an MEF draft version of Ethernet Service Definitions, Phase 2. The demonstration involved the OptiSwitch OS910-M acting as a root in an E-Tree that facilitated and enabled point-to-multipoint service.

Additionally, MRV demonstrated the OptiSwitch OS910-M by using the MEF-8 specification to encapsulate TDM traffic arriving at an E1/T1 interface over a packet switched network (PSN). The emulated circuit used a standard point-to-point Ethernet (E-Line) transport service across a provider backbone bridge with traffic engineering (TBB-TE) metro network, the MPLS core and the MPLS metro networks. In a separate test, an MRV OptiSwitch304 was used as a cell site CPE to successfully backhaul voice and data traffic from a WCDMA base station across a packet-based access network to an aggregation switch.

Native Ethernet fault management and measurements are essential for delivery of high-quality end-to-end services to business customers and mobile stations. By incorporating a wide spectrum of end-to-end Service OAM tools to monitor SLAs, MRV successfully demonstrated standard-based connectivity fault management (IEEE802.1ag connectivity check, loopback and link trace), performance measurement (ITU-T Y.1731- latency, jitter and loss) and Ethernet in first mile OAM (IEEE802.3ah discovery, loopback and dying gasp).

About OptiSwitch

MRV's OptiSwitch(R) family is an award-winning line of compact carrier Ethernet switching platforms that range from the OS9000 Metro Aggregation series to the OS900 /OS300 demarcation series. OptiSwitch products provide service providers with a full suite of carrier-grade Ethernet services along with high-availability, enhanced quality of services, security, TDM Circuit Emulation and Ethernet Operation, Administration and Maintenance (OAM) support. The uniqueness of a full suite of OAM tools creates flexible service awareness and rigid SLAs. OptiSwitch products meet IEEE, ITU and MEF standards, offering complete control to simplify deployment and management, while maintaining full interoperability and visibility into customer and provider networks.

EANTC Boilerplate

The European Advanced Networking Test Center (EANTC) offers vendor-neutral consultancy and test facilities for network equipment manufacturers, service providers and enterprise customers. Primary business areas include interoperability, conformance, and performance testing for IP/MPLS, Carrier Ethernet and Triple Play technologies and applications. For more information contact Carsten Rossenhovel, Managing Director, at +49.30.3180595-0 or via e-mail at [e-mail].

IP/MPLS Forum Boilerplate

The IP/MPLS Forum is an international, industry-wide non-profit association of service providers, equipment vendors and enterprise users. The focus of the Forum is to advance the deployment of multi-vendor, multi-service packed-based networks, associated applications and interworking solutions for telecommunications and networking. The forum is driving the convergence of ATM, Frame Relay and IP/MPLS technologies in the global telecom industry through interoperability initiatives, implementation agreements and educational and marketing resources and programs. For more information, contact Alexa Morris, Executive Director, at [phone] or via e-mail at [e-mail]. http://www.ipmplsforum.org .

About MRV Communications, Inc.

MRV Communications, Inc. ("MRV") is a leading provider of network equipment and services, and optical components. MRV's networking business provides equipment used by commercial customers, governments and telecommunications service providers, and includes switches, routers, physical layer products and out-of-band management products as well as specialized networking products for aerospace, defense and other applications including voice and cellular communication. MRV's optical components business provides optical communications components for metropolitan, access and Fiber-to-the-Premises applications, through its wholly owned subsidiary SourcePhotonics, Inc. MRV markets and sells its products worldwide through a variety of channels, including a dedicated direct sales force, manufacturers' representatives, value-added-resellers, distributors and systems integrators. MRV also has operations in Europe that provide network system design, integration and distribution services that include products manufactured by third-party vendors, as well as internally developed and manufactured products. Publicly traded since 1992, MRV is listed on the NASDAQ National Market under the symbol MRVC. For more information about MRV and its products, please call [phone] or visit our websites at www.mrv.com and www.sourcephotonics.com .

SOURCE: MRV Communications, Inc.

MRV Communications, Inc.
David Rodewald
805-494-9508
[e-mail]

[kazcul]

NEW YORK, Jan 6 (Reuters) - MRV Communications' (MRVC.O: Quote, Profile, Research) plan to take its optical-equipment business Source Photonics Inc public should unlock the company's "tremendous value," Barron's reported on Sunday.

Last month, Source Photonics filed with U.S. regulators to raise up to $130 million in an initial public offering.

It's a tangible sign MRV "finally is going to force the street to value the separate entities at their respective multiples, which we believe will unlock tremendous value," Leo Saraceno, director of North American equities at Sun Life Financial -- which has nearly 10 million MRV shares -- told Barron's.

Saraceno told Barron's that Source Photonics has a value of $338 million, based on a multiple of 1.5 times 2008 sales, which are estimated to be about $225 million.

Its core network products unit might be worth another $230 million and its third-party network-integration segment is worth $95 million, Saraceno told the weekly newspaper.

Factoring in net cash, MRV could rise to $4.50 a share, Saraceno told Barron's, up from its Friday closing price of $2.11 each. (Reporting by Justin Grant, editing by Martin Golan)

[kazcul]

MRV COMMUNICATIONS, INC. (Nasdaq:MRVC), a leading provider of products and services for WDM and optical transport, metro Ethernet, fiber optic components, 10GE, out-of-band networking and other optical networking products, today announced the network it provided to the Mesquite Independent School District (MISD) has won The Best Solutions Award at the GTC Southwest expo being held this week.

The Best Solutions Showcase is a component of Government Technology's GTC expos featuring successful solutions implemented in government organizations. The Mesquite school district's implementation of an OptiSwitch solution garnered recognition as a best solution in the Southwestern Region (Texas, Arkansas, Oklahoma, New Mexico or Louisiana). The program was open to all GTC Southwest exhibitors, with winners being recognized at the show in Austin, TX, January 28-31.

The Mesquite Independent School District of Mesquite, Texas, serves more than 33,000 students and employees each day through its 53 facilities--31 elementary schools, nine support facilities, eight middle schools, and five high schools. When faced with the choice of continuing to pay service providers or installing its own fiber and network equipment, the MISD decided to move from multiple leased data circuits to its own Gigabit Ethernet network in order to meet growing bandwidth demands. The district chose MRV's OptiSwitch(R) 304 optical termination unit as a key element of its network design.

"The flexibility of this solution enables it to perform all the functionality of either CWDM or DWDM but on either a single fiber or a pair, letting customers tailor a solution that most closely fits their exact district, campus or enterprise network needs," said Noam Lotan, president and CEO of MRV Communications. "The network visibility offered by the digital diagnostics built into the OptiSwitch product line was the key component in allowing the school district to implement its own private fiber network--a necessary step in its continuing battle to maintain enough bandwidth to match its growth rate."

MISD's collaborative network implementation effort included local engineering and network consultant Cactus Computer, Inc., value-added reseller Mercury Networks and MRV. The OptiSwitch-based network consists of a 144-strand fiber ring delivering redundant one Gigabit Ethernet service to each campus. The MISD monitors the network through another MRV product, MegaVision Pro(R), a full-featured, SNMP-based management application that reduces operational cost and complexity.

About OptiSwitch

The OptiSwitch family consists of five enterprise-class chassis and two telco-optimized chassis that can host more than 90 types of modules for a wide range of networking applications. The OptiSwitch family's unique modular architecture offers a wire-speed, non-blocking switching solution designed for fiber-optic interfaces, VDSL connectivity, optical wireless links and TDM voice over Ethernet. The systems are ideal for large enterprises and carriers (broadband service providers) that offer communications services and are looking for fast ROI and a scaleable solution design. OptiSwitch solutions provide flexible options that enable building layer-two transport networks that maintain the security, QoS and traffic policing rules implemented at the higher layers.

About MegaVision Pro

MRV Communications' MegaVision Pro is a full-featured, SNMP-based network management system (NMS) that provides comprehensive management and control for all of MRV's managed products including Fiber Driver, OptiSwitch(R), TereScope(R) and LambdaDriver(R). The MegaVision Pro product also includes the EventHorizon Fault Management system and combines complete end-to-end network viewing and performance monitoring with robust configuration and fault management features. In addition, it automatically detects and monitors any SNMP or TCP/IP compliant device from any vendor.

About MRV Communications, Inc.

MRV Communications, Inc. ("MRV") is a leading provider of network equipment and services, and optical components. MRV's networking business provides equipment used by commercial customers, governments and telecommunications service providers, and includes switches, routers, physical layer products and out-of-band management products as well as specialized networking products for aerospace, defense and other applications including voice and cellular communication. MRV's optical components business provides optical communications components for metropolitan, access and Fiber-to-the-Premises applications, through its wholly owned subsidiary SourcePhotonics, Inc. MRV markets and sells its products worldwide through a variety of channels, including a dedicated direct sales force, manufacturers' representatives, value-added-resellers, distributors and systems integrators. MRV also has operations in Europe that provide network system design, integration and distribution services that include products manufactured by third-party vendors, as well as internally developed and manufactured products. Publicly traded since 1992, MRV is listed on the NASDAQ National Market under the symbol MRVC. For more information about MRV and its products, please call [phone] or visit our websites at www.mrv.com and www.sourcephotonics.com.

SOURCE: MRV Communications, Inc.

MRV Communications, Inc.
David Rodewald, 805-494-9508
[e-mail]

[SteveSchiets]

Very nice indeed. It is in line with TXP Corporation (txpo.ob) for triple play services. Why did this board started so late? It seems they have a lot of products to sell. I will check it out. skidos

[RJ Trotts]

What is new with this company?

[RJ Trotts]

anything new with this company?? RJ

[RJ Trotts]

Interesting company here...just wanting some thoughts on it. Thanks for some new opinions! RJ