DZS Sells Service Assurance and WiFi Management Software Portfolio to AXON Networks Transaction expands the strategic partnership between both companies and enables DZS to focus on its category-defining Broadband Networking, Connectivity and Cloud Edge portfolio DALLAS and IRVINE, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) -- (OTC: DZSI), a global leader of Networking, Connectivity and Cloud Edge software solutions and (AXON), a global leader of advanced Service Management and Orchestration solutions, today announced the acquisition of DZS’ Service Assurance and WiFi Management software p...
Beanfield Leverages DZS Velocity Technology to Bring Up to 8 Gig Broadband Speeds to Canadian MDUs Long-time DZS customer leverages Velocity fiber access platforms and Helix ONTs to bring Canada’s fastest broadband speeds to its subscribers DALLAS, Oct. 07, 2024 (GLOBE NEWSWIRE) -- (OTC: DZSI), a developer of Networking, Connectivity, and Cloud Automation and Orchestration solutions enabling broadband everywhere, today announced that , owner and operator of the largest independent fiber network in Toronto and Montreal, has deployed latforms and (ONTs) to deliver among the fastest inte...
DZS Announces CFO Departure Misty Kawecki to step down as CFO in September; Brian Chesnut to become interim CFO DALLAS, Sept. 13, 2024 (GLOBE NEWSWIRE) -- (OTC: DZSI), a developer of Networking and Connectivity solutions enabling broadband everywhere, today announced that Chief Financial Officer (CFO) Misty Kawecki will step down at the end of September following the successful completion of the company’s financial restatement. “The Board of Directors and I appreciate Misty guiding us through the completion of our restatement process,” said Charlie Vogt, President and CEO, DZS. “W...
DZS Files Q2 2024 Financial Results DALLAS, Sept. 03, 2024 (GLOBE NEWSWIRE) -- (OTC: DZSI), a developer of Networking and Connectivity solutions enabling broadband everywhere, today announced it has filed Q2 2024 financial results. “The second quarter of 2024 represented a defining period for DZS,” said Charlie Vogt, President and CEO, DZS. “Foremost, we are now current with all restated and delayed Form 10-Q and 10-K filings with the SEC through Q2 2024. From a sales and financial performance perspective, we continue to make progress with our key priorities of 1) creating high-quality,...
DZS to Host Call to Discuss Q2 2024 Financial Results and Recently Filed Financial Reports DALLAS, Texas, Aug. 27, 2024 (GLOBE NEWSWIRE) -- (OTC: DZSI), a developer of Network Edge, Connectivity and Cloud Software solutions enabling gigabit broadband everywhere, today announced that it will host an earnings call to discuss its financial results for all of 2022, 2023, and for the first and second quarters of 2024. Conference Call Details:Date: Thursday, September 5, 2024Time: 11:00 a.m. EDTParticipant Toll-Free: (800) 715-9871Conference ID: 3713874Webcast: About DZS (OTC: DZSI) is a ...
DZS Files Q1 2024 Financial Results DALLAS, Aug. 20, 2024 (GLOBE NEWSWIRE) -- (OTC: DZSI), a developer of Network Edge, Connectivity and Cloud Software solutions enabling gigabit broadband everywhere, today announced that it has filed its Q1 2024 financial results. “As previously disclosed, we completed the restatements with respect to 2022 and the first quarter of 2023, as well as the reports for the remaining periods in 2023 and now completed the delayed filing for Q1 2024,” said Charlie Vogt, President and CEO, DZS. “Our priority throughout this process has been thoroughness and accu...
DZS Completes Restatement of 2022 and Q1 2023 Financial Results and Files Reports for Remaining Periods in 2023 DALLAS, Aug. 13, 2024 (GLOBE NEWSWIRE) -- (OTC: DZSI), a developer of Network Edge, Connectivity and Cloud Software solutions enabling gigabit broadband everywhere, today announced that it has filed with the SEC its restated financial results for the periods from the first quarter of 2022 through the first quarter of 2023 as well as its remaining periods in 2023. DZS is now current with its Form 10-Q and 10-K filings with the SEC through 2023. “We took an extremely thorough a...
DZS Receives Expected Delisting Notice from Nasdaq Company continues to work diligently toward filing restated financials and delayed reports DALLAS, Aug. 06, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: DZSI), a developer of Network Edge, Connectivity and Cloud Software solutions enabling gigabit broadband everywhere, announced today, as expected, it received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Nasdaq Hearing Panel (“the Panel”) has determined to delist the common stock of the Company from Nasdaq (the “Decision”). The Decision indicates that the Company faile...
DZS to Demonstrate Groundbreaking Remote In-Band Management Capabilities for 100G/400G Optical Transport at Fiber Connect 2024 Breakthrough solution disrupts economics of edge transport by enabling remote management of compact QSFP-DD DCO optics on the Saber 4400 Optical Edge Transport platform DALLAS and NASHVILLE, Tenn., July 29, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: DZSI), a developer of Network Edge, Connectivity and Cloud Software solutions enabling gigabit broadband everywhere, today announced another milestone in its mission to revolutionize the business case for coherent optics dep...
DZS Completes NetComm Acquisition Acquisition creates comprehensive broadband networking, connectivity and cloud software company focused on Americas, Europe, Middle East, Africa and Australia/New Zealand DALLAS, June 03, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: DZSI), a developer of Network Edge, Connectivity and Cloud Software solutions enabling broadband everywhere, today announced it has completed its acquisition of NetComm Wireless Pty Ltd. (NetComm). “The NetComm acquisition underscores our commitment to provide communications service providers and enterprise customers with a comprehen...
Tachus Fiber Internet Leverages DZS Broadband Technology to Win Multiple National Awards for Broadband Service Excellence Texas-based fiber Internet service provider recognized as best regional and local broadband provider THE WOODLANDS, Texas and DALLAS, Texas, May 29, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: DZSI), a global leader of Network Edge, Home/Enterprise Connectivity and Cloud Software solutions that enable broadband everywhere, today announced that its longtime customer, The Woodlands-based (Tachus) was recognized as the top broadband experience provider in the Southwestern U.S. ...
DZS Inc. Receives Expected Nasdaq Notice Regarding Late Form 10-Q Filing DALLAS, May 17, 2024 (GLOBE NEWSWIRE) -- (“DZS” or the “Company”) (Nasdaq: DZSI), a global leader of broadband networking and software-defined cloud solutions, announced today that on May 14, 2024, as expected, it received a delinquency notification letter from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with the continued listing requirements under Nasdaq Listing Rule 5250(c)(1) (the “Rule”) because the Company did not timely file its Quarterly Report on Form 10-Q for the...
DZS to Acquire Subscriber Access Technology Leader NetComm NetComm’s Subscriber Access portfolio to enhance and accelerate DZS broadband networking and cloud software portfolio, and adds marquee customers across North America, Europe, Australia and New Zealand DALLAS, May 06, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: DZSI), a global leader of broadband networking and software-defined cloud solutions, today announced a binding agreement to acquire NetComm Wireless Pty Ltd. (NetComm). The acquisition of NetComm’s Fiber Extension, Fixed Wireless Access (FWA), Home Broadband and Industrial Intern...
DZS Appoints Scott St. John as Chief Customer Officer Former ADVA Chief Sales Officer to lead global sales, drive revenue growth DALLAS, April 25, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: DZSI), a global leader of broadband networking and AI-driven cloud software solutions, today announced it has appointed Scott St. John as Chief Customer Officer, reporting directly to CEO Charlie Vogt. Mr. St. John will be responsible for leading global sales for DZS and will be focused on driving accelerated revenue growth across the Americas and Europe, Middle East and Africa (EMEA) and Australia/New Zeal...
DZS Receives Favorable Nasdaq Listing Decision Extension through August 5th to file restated financial statements and delayed periodic reports DALLAS, April 24, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of broadband networking and AI-driven cloud software solutions, today announced that by decision dated April 23, 2024, the Nasdaq Hearings Panel (the “Panel”) granted the request of DZS Inc. (the “Company”) for continued listing on The Nasdaq Stock Market (“Nasdaq”), subject to the Company’s compliance with Nasdaq’s filing requirement by August 5, 2024, among other con...
DZS Appoints Brian Chesnut as Chief Accounting Officer DALLAS, April 22, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: DZSI), a global leader of broadband networking and AI-driven cloud software solutions, today announced that Brian Chesnut has been appointed as the company’s Chief Accounting Officer (CAO), reporting directly to Chief Financial Officer (CFO), Misty Kawecki. Mr. Chesnut will be responsible for working closely with the CFO, senior leadership and the company’s new independent public accounting firm, BDO USA, overseeing all corporate accounting functions including reporting, governance ...
DZS Completes Divestiture of Asia Business DZS emerges as Broadband Networking, AI-Driven Software pure play focused on Americas and EMEA, eliminates approximately $43 million of debt DALLAS, April 05, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: DZSI), a global leader of broadband networking and AI-driven cloud software solutions, today announced it has completed the divesture of its Asia business to DASAN Networks, Inc. (DNI), enabling the company to focus its go-to-market strategy, technology and innovation on the Americas, Europe, Middle East and Africa (AEMEA), and Australia/New Zealand (ANZ...
The City of Cabot and Connect2First Bridge Digital Divide in Arkansas with Help from DZS and Irby Initiative to enable multi-gigabit broadband connectivity across the state’s first city-owned fiber internet and telephony network; wins “Plan of the Year” from Arkansas Chapter of the American Planning Association DALLAS, March 25, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, and its strategic partner (Irby) today announced that they are working with , a subsidiary of First Electric Cooperative, and the , Arkansas to ...
DZS and Infinera to Demo Game-Changing ICE-X Coherent Pluggable Solutions for Mobile xHaul and Advanced Business Services at OFC Integrated solution combines new DZS Saber 2200 with Infinera’s ICE-X 400G Intelligent Coherent Pluggable to deliver high density aggregation, high bandwidth, low latency services while slashing CapEx and OpEx costs DALLAS, March 20, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, and , a global supplier of innovative open optical networking solutions, today announced that the two companies a...
DZS Further Transforms Economics of Optical Edge with Launch of Saber 2200 Coherent xHaul Ethernet Switch Compact, hardened Layer 2 mobile xHaul and Ethernet business services switch expands Saber portfolio, supports standard 100G direct detect, coherent OpenZR+ and XR optics DALLAS, March 18, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, today introduced its next expansion of the category-defining Saber portfolio – the DZS Saber 2200 transport switch. This hardened, high capacity, low latency, Layer 2 solution trans...
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