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Zhone Technologies to Present at 10th Annual Needham Growth Stock Conference

Oakland, CA — January 3, 2008 — Zhone Technologies, Inc. (NASDAQ: ZHNE), a global provider of advanced communications equipment and a leader in VoIP, IPTV, and Ethernet over both copper and fiber access lines, today announced that Chairman and Chief Executive Officer Mory Ejabat will present at the 10th Annual Needham & Company, LLC Growth Stock Conference on Tuesday, January 8, 2008 from 2:00 to 2:30pm EST in New York at the New York Palace Hotel. Zhone will conduct a live webcast of the presentation. To access the webcast over the internet, please go to http://www.zhone.com/investors/. Rebroadcast of the presentation will be available shortly after the conclusion of the session and can be accessed over the internet at http://www.zhone.com/investors/.

About Zhone Technologies, Inc. -- Access for a Converging World

Zhone Technologies, Inc. (NASDAQ: ZHNE) is a provider of advanced communications equipment to more than 600 operators worldwide. The company’s broad line of access and transport networking solutions enables the full range of multi-play services, including residential and business broadband, VoIP, IPTV, and Ethernet. Zhone’s converged access platform improves network agility and reduces costs, allowing operators to rapidly deploy premium services on their existing copper and fiber infrastructure while providing a seamless migration path to an efficient, all-IP network. www.zhone.com

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