Zhone Technologies to Report Fourth Quarter 2012 Financial Results

Oakland, CA - January 3, 2013 -Zhone Technologies, Inc. (NASDAQ: ZHNE), a global leader in FTTx network access solutions, today announced that the company will report its fourth quarter 2012 financial results on Wednesday, January 23, 2013, after the close of regular market trading.

Zhone will conduct a conference call and audio webcast to discuss further details of its fourth quarter 2012 results at approximately 2:00 p.m. PT / 5:00 p.m. ET on Wednesday, January 23, 2013. This call is open to the public by dialing +1 (866) 713-8564 for U.S. callers, and +1 (617) 597-5312 for international callers, and then entering passcode 44964913. The audio webcast will be simultaneously available on the Investor Relations section of Zhone's website at http://www.zhone.com/investors/.

A recording of the conference call will be available after the original call by dialing +1 (888) 286-8010 for U.S. callers, and +1 (617) 801-6888 for international callers, and then entering passcode 17842684. An audio webcast recording will also be available online at http://www.zhone.com/investors/ for approximately one week following the original call.

About Zhone Technologies

Zhone Technologies, Inc. (NASDAQ: ZHNE) is a global leader in all IP multi-service access solutions, serving more than 750 of the world's most innovative network operators.

The IP Zhone is the only solution that enables service providers to build the network of the future…today, supporting end-to-end Voice, Data, Entertainment Social Media, Business, Mobile Backhaul and Mobility service.

Zhone is committed to building the fastest and highest quality All IP Multi-Service solution for its customers.

Zhone is headquartered in California and its products are manufactured in the USA in a facility that is emission, waste-water and CFC free.

Contacts:

Zhone Investor Relations
Tel: +1 510-777-7013
Fax: +1 510-777-7001
Email: investor-relations@zhone.com
Zhone Public Relations
Tel : +1 404-460-8578
Email: aurora.arlet@edelman.com

Zhone, the Zhone logo, and all Zhone product names are trademarks of Zhone Technologies, Inc. Other brand and product names are trademarks of their respective holders. Specifications, products, and/or product names are all subject to change without notice.

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