Corning Incorporated Completes TR Manufacturing, Inc. Acquisition

Corning Incorporated announced that it has completed the previously announced acquisition of TR Manufacturing, Inc.

With its main activities located in Fremont, Calif., TR Manufacturing is an industry-leading provider of fiber-optic and copper cable/component interconnects and electro-mechanical assemblies to OEMs (original equipment manufacturers) in a wide range of technology industries. TR Manufacturing will become a wholly owned subsidiary of Corning, reporting to Corning’s Optical Communications business segment.

“We welcome our talented new colleagues to Corning,” said Clark S. Kinlin, executive vice president, Corning Optical Communications. “Together, we look forward to extending Corning’s position as a leading provider of connectivity solutions to every edge of the communications network.”

Forward-Looking and Cautionary Statements

This press release contains “forward-looking statements” (within the meaning of the Private Securities Litigation Reform Act of 1995), which are based on current expectations and assumptions about Corning’s financial results and business operations, that involve substantial risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include: the effect of global political, economic and business conditions; conditions in the financial and credit markets; currency fluctuations; tax rates; product demand and industry capacity; competition; reliance on a concentrated customer base; manufacturing efficiencies; cost reductions; availability of critical components and materials; new product commercialization; pricing fluctuations and changes in the mix of sales between premium and non-premium products; new plant start-up or restructuring costs; possible disruption in commercial activities due to terrorist activity, armed conflict, political or financial instability, natural disasters, adverse weather conditions, or major health concerns; adequacy of insurance; equity company activities; acquisition and divestiture activities; the level of excess or obsolete inventory; the rate of technology change; the ability to enforce patents; product and components performance issues; retention of key personnel; stock price fluctuations; and adverse litigation or regulatory developments. These and other risk factors are detailed in Corning’s filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the day that they are made, and Corning undertakes no obligation to update them in light of new information or future events.