Honduras: Dual Stack IP/MPLS and MPLS-TP, Packet Synchronization & Circuit Emulation Technologies

Orckit-Corrigent Ltd. (NasdaqGM: ORCT), a leading Packet Transport Network (PTN) vendor and TELSOL, a leading telecommunication group in Central America, announced that Cable Color, a leading telecommunication service provider in Honduras, has selected Orckit-Corrigent’s IP/MPLS and MPLS-TP based CM-4000 PTN switches and the accompanying CM-View network management system to introduce a networking environment for broadband and enterprise VPN services.

"Cable Color continues to operate a highly advanced network using state-of-the-art technologies to provide a wide range of broadband services to our customers," said Mr. Cesar Rosenthal - CEO of Cable Color. "Orckit-Corrigent's solutions aggregate DSLAMs and transport 10Gbit broadband with advanced traffic management and quality of service technologies to meet our specific technical and economical requirements. This investment is another clear evidence for our: More than a Cable company, providing an access to the world vision”

Orckit-Corrigent’s CM-4000 portfolio is a series of small, medium and large capacity Packet Transport Network switches that offer any combination of Ethernet, SDH and PDH services to facilitate migration towards a unified packet network. The products are based on dual stack IP/MPLS and MPLS-TP, packet synchronization and circuit emulation technologies, and are designed to scale up the delivery of residential, business and mobile backhauling services in next-generation telecom infrastructure networks.

"Orckit-Corrigent is pleased to include Cable Color in our growing global customer base,” said Mr. Izhak Tamir, Co-Founder and President of Orckit Communications. “This selection highlights the effectiveness of our solution for next-generation networks. We announced the first deployment of CM-4000 products about two years ago and have since then significantly increased our presence and customer base in Central and Latin America, the Asia-Pacific, and Europe, with the addition of both Tier-1 and Tier-2 service providers."

About Cable Color: More than a Cable Company , an access to the world Cable Color began operations in the city of Tegucigalpa. Due to rapid growth and acceptance, to date they operate in several cities of the country including: Valle de Angeles, Santa Lucia, Comayagua, Siguatepeque, Choloma, Omoa, Puerto Cortes, Villanueva, San Pedro Sula, Santa Rosa de Copan, La Ceiba and we continue to expand as the company expanded coverage and national growth.

They were the first company to transmit cable television through a fiber optic network in Honduras, the first private fiber optic cables running back to Puerto Cortes Tegucigalpa and now continue to work to provide our customers with innovative services to both communication and entertainment, including cable TV, internet, telephony, data transport and similar ones with the highest levels of quality, always at the forefront of technology and a continued focus on excellence in customer service.

Winning international recognition as Arroba Gold Bizz awards for quality and satisfied all of our subscribers primarily in cities around the country are those who attest to the commitment, quality and prestige of a national company such as Cable Color.

About TELSOL

TELSOL is one of the Central America’s largest telecommunications groups. The group operates subsidiaries in Honduras, Nicaragua, Guatemala and Panama, primarily in Honduras, Central America. It currently employs more than 30 employees around the Central America region and is a supplier of products and services in the fields of deployment and maintenance of cellular, alternative Carriers, ISP, VoIP Providers, Enterprises and wireless communications infrastructures, since 2010.

About Orckit Communications Ltd.

Orckit facilitates telecommunication providers' delivery of high capacity broadband residential, business and mobile services over wireline or wireless networks with its Orckit-Corrigent family of products. With 20 years of field experience with Tier-1 customers located around the world and sound leadership, Orckit has a firm foothold in the ever-developing world of telecommunication. Orckit-Corrigent's product portfolio includes Packet Transport Network (PTN) switches - an MPLS and MPLS-TP dual stack based portfolio enabling advanced packet as well as legacy services over packet networks with a wide set of transport features.

Orckit-Corrigent markets its products directly and indirectly through strategic alliances, as well as distribution and reseller partners worldwide. Orckit was founded in 1990 and went public in 1996. The company is active in APAC, Western and Eastern Europe, and America.

For more information, please visit www.orckit.com. Follow Orckit on Twitter @ORCT

Telefonica Selects TEL-NT for Multi-Vendor Repair

VALINHOS/SP, Brazil --(Business Wire) – TEL-NT, a subsidiary of Telmar (News - Alert) Network Technology and leader of third-party multi-vendor repair for telecommunications networks and equipment, announced it has been selected by Telefonica to provide multi-vendor repair services and management of its spare parts program for its optical, data and wireline networks in São Paulo state, Brazil.

TEL-NT will provide network-wide repair at Latin America's largest independent laboratory located in Valinhos, Brazil. In addition to repair services, TEL-NT has expanded its storage capacity by opening nine spare depots in São Paulo state, Brazil to manage quick access to and rapid deployment of 130,000 spare parts to Telefonica's networks across all São Paulo state.

"We're honored that Telefonica has chosen TEL-NT to manage its repair and logistics for their Brazilian market," said Steven Pickett, president and CEO of TEL-NT. "Our cost-effective services and delivery efficiencies will ensure that Telefonica's customers experience the same high-quality services they depend on."

"The services provided to Telefonica are turnkey: if a defective board is sent in for repair, we can provide a board from storage for quick deployment. This will ensure that Telefonica's service continuity is not disrupted," said Franklin Jimenez, CALA Operation Director for TEL-NT.

Telefonica Group is one of the largest communication conglomerates in the world with 270,000 employees, EUR 30,9 billion in revenues, and operations in 25 countries serving approximately 295 million customers. Established in 1998, Telefonica's Brazil operation is the largest in terms of customer numbers (80 million) and direct employees (more than 100,000). In terms of revenue, Brazil is second behind Spain. Telefonica's main companies in the national territory are Telefonica Brasil (Vivo and Telesp Integration), Atento (call center) and Terra (internet provider and portal). In March 2011, Telefonica Group Global President, Cesar Alierta, announced R$ 24,3 billion in investments during 2011-2014 on network expansion and modernization, as well as the launch of innovative services and products relating to telephony and broadband based on wireline, wireless and subscription TV (including residential optical fiber networks) technologies. With the R$ 24,3 billion in investments, the resources in Brazil will achieve R$ 177 billion in revenues by 2014, while keeping Telefonica among the largest private investors in the country over almost two decades.

TEL-NT, a subsidiary of Telmar Network Technology, delivers compelling solutions that maintain and sustain the life of critical network equipment network-wide multi-vendor repair, spare parts management, and extended life hardware and services solutions. The company is committed to upholding the highest standards of quality in its products and services to customers across Latin America. For additional information about TEL-NT, please visit: http://www.tel-nt.com.br/ .