…common stock. The reverse split will become effective as of 5:00 p.m. Eastern Time on September 22, 2006. At Ciena’s annual meeting on March 15, 2006, shareholders approved a proposal to authorize the Board, in its discretion, to effect a reverse split of Ciena’s outstanding common stock at one…

…stock, effective as of 5:00 p.m. Eastern Time on Friday, September 22, 2006. Ciena’s common stock will begin trading on a split-adjusted basis when the market opens today, September 25, 2006. For a period of approximately 20 trading days, NASDAQ will append a “D” to Ciena’s stock…

…Board of Directors approved accelerating the vesting of unvested “out-of-the-money” stock options for approximately 14.1 million shares awarded to employees, officers and directors under its stock option plans. Certain performance-based options held by executives were not subject to acceleration…

…had completed the public offering of 11 million shares of Common Stock at a per share price of $83.50 and the sale of $600 million of 3.75% Convertible Notes due February 1, 2008. The notes will be convertible into shares of common stock of the Company at a conversion price of approximately $104.38 per…

…and declared a two-for-one stock split of the Company?s common shares. Shareholders of record at the close of business on August 28, 2000 will receive a distribution of one new share for each share held. The distribution date for the split, being effected by way of a stock dividend, is September 18,…

…Registration Statement with the Securities and Exchange Commission relating to a proposed public offering of approximately 1 million shares of comm on stock by the Company and 9 million shares by certain selling stockholders. The offering is to be made through underwriters led by Goldman, Sachs & Co…

Ciena Corporation (NASDAQ: CIEN) announced today it has completed a public offering of common stock. A total of 9,110,622 shares were offered by The Company at an offering price of $44 per share. 8,110,622 shares were offered by selling shareholders, and one million shares were offered by The Company…

Ciena Corporation announced today that it has completed an initial public offering of common stock. The shares began trading today on the NASDAQ National Market under the symbol CIEN. The offering was for 5,000,000 shares, which were sold at an initial public offering price of $23 per share. Ciena Corporation…

…---- ----------- ----------- Stock-based compensation-product $ - $ 204 $ - $ 1,075 Stock-based compensation-services - 206 - 810 Stock-based compensation-research and development 356 938 4,404 5,057 Stock-based compensation-sales and marketing 147 706 4,404 3,415 Stock-based compensation-general and…

…end-user applications.” Separately today, Ciena announced that its Board of Directors has approved a one-for-seven reverse split of its common stock to be effective as of 5:00 p.m. Eastern Time on September 22, 2006. The results presented in this press release do not take into account the effect…