updated 10/13/2010 11:47:00 AM ET 2010-10-13T15:47:00

QUEBEC CITY, Canada, Oct. 13, 2010 (GLOBE NEWSWIRE) -- EXFO Inc. (Nasdaq:EXFO) (TSX:EXF) announced today that a Tier-1 European network operator has placed a follow-on order in excess of US$6 million for its AXS-200/635 Triple-Play Tester.

The European operator, which had shipments totaling US$5.3 million for the Triple-Play Tester in fiscal 2010, selected EXFO's solution to support the deployment of next-generation VDSL2 services over its hybrid network access architecture.

The AXS-200/635 is a complete, multilayer test solution designed for deploying, troubleshooting and repairing voice, ADSL2+, VDSL2, Ethernet, copper and triple-play services such as IPTV. Its ease of use, flexible architecture and comprehensive feature set benefit customers by reducing truck rolls and helping them save on capital expenditures.

At the start of this major initiative, this Tier-1 European operator recognized the need to significantly improve operational efficiencies as part of its next-generation access deployment. The AXS-200/635 delivers on this requirement by providing test automation and compliance to close out test procedures. This ensures the test process is done right the first time which significantly reduces truck rolls. In addition, the AXS-200/635 provides flexibility and reliability to integrate with operators' OSS and laptops, enabling a one-button Bluetooth operation to transfer job details and test results. Another key aspect is the automated remote firmware and test profiles management which is a major time-saving feature that further contributes to savings on operating expenditures.

The AXS-200/635 has proven itself to be an automated and easy-to-use handheld test set for this operator's field technicians and advanced field engineers, since it's capable of operating and troubleshooting on bare wire loops, ADSL and especially newer VDSL2 circuits up to the wideband frequencies used for triple-play and IP-video service deployments.

"Repeat business is a tell-tale sign that we exceeded customer requirements," said Etienne Gagnon, EXFO's Vice-President—Wireline Division and Corporate Marketing. "This large follow-on order demonstrates that EXFO is positioning itself as a leading supplier for the fiber-to-the-curb deployments, enabling operators to significantly improve their operating efficiency through test automation and OSS integration."

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, and we intend that such forward-looking statements be subject to the safe harbors created thereby. Forward-looking statements are statements other than historical information or statements of current condition. Words such as may, will, expect, believe, anticipate, intend, could, estimate, continue, or the negative or comparable terminology are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections or other characterizations of future events and circumstances are considered forward-looking statements. They are not guarantees of future performance and involve risks and uncertainties. Actual results may differ materially from those in forward-looking statements due to various factors including our ability to successfully integrate our acquired and to-be-acquired businesses; fluctuating exchange rates; consolidation in the global telecommunications test, measurement and service assurance industry and increased competition among vendors; capital spending levels in the telecommunications industry; concentration of sales; the effects of the additional actions we have taken in response to economic uncertainty (including our ability to quickly adapt cost structures with anticipated levels of business, ability to manage inventory levels with market demand); market acceptance of our new products and other upcoming products; limited visibility with regards to customer orders and the timing of such orders; our ability to successfully expand international operations; the retention of key technical and management personnel; and future economic, competitive, financial and market condition. Assumptions relating to the foregoing involve judgments and risks, all of which are difficult or impossible to predict and many of which are beyond our control. Other risk factors that may affect our future performance and operations are detailed in our Annual Report, on Form 20-F, and our other filings with the U.S. Securities and Exchange Commission and Canadian securities commissions. We believe that the expectations reflected in the forward-looking statements are reasonable based on information currently available to us, but we cannot assure you that the expectations will prove to have been correct. Accordingly, you should not place undue reliance on these forward-looking statements. These statements speak only as of the date of this press release. Unless required by law or applicable regulations, we undertake no obligation to revise or update any of them to reflect events or circumstances that occur after the date of this document.

About EXFO

Listed on the NASDAQ and TSX stock exchanges, EXFO is among the leading providers of next-generation test and service assurance solutions for wireless and wireline network operators and equipment manufacturers in the global telecommunications industry. The company offers innovative solutions for the development, installation, management and maintenance of converged, IP fixed and mobile networks — from the core to the edge. Key technologies supported include 3G, 4G/LTE, IMS, Ethernet, OTN, FTTx, and various optical technologies (accounting for an estimated 35% of the portable fiber-optic test market). EXFO has a staff of approximately 1600 people in 25 countries, supporting more than 2000 telecom customers worldwide. For more information, visit www.EXFO.com .

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