{"id":783732,"date":"2023-09-13T08:56:13","date_gmt":"2023-09-13T12:56:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/dzs-secures-29-7-million-in-financing\/"},"modified":"2023-09-13T08:56:13","modified_gmt":"2023-09-13T12:56:13","slug":"dzs-secures-29-7-million-in-financing","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/dzs-secures-29-7-million-in-financing\/","title":{"rendered":"DZS Secures $29.7 Million in Financing"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">DALLAS, Sept.  13, 2023  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=tY56RraYNeuTXOIKjFyHe0kIKschKyvDRE8mbjGRlqFqqXO7RA-xWXN-wCIVAB5ABWMYq2AjPTz7ZTRh9c-rd6fyZ99E_YZBLnALc0w5nMjwKO0d7WXdB1boNjdNaE8LCR0fV_SfIpEL_gZTVh8wRq3NbD4pj3Jupr7Y6xnrMWjrk8S2cNWqgeEdO2QBbEjhWzOLWn5u5E3Ou4T-Iw-uVGN-LG9VHWka06bEIO0v8IshnBTTUVO2-l7ewp-fxrLGYklOUlj0B5RUnuLy4WqQsQhmvBp46SuvvZMjGE3MELdlWst5ibA0aMDyaKOuyXOC5h0R2J0enEDNJNE6c_RRNh1-15Ys86DR12iC_hks-ekFAp7AL5B_J-1oVanmqFajFt9NM0t0tdCFDZrCbsZcjRDNMVQYWEDq1LTQCL-9TL7y2ZjViaSTs-ys82TVZbRreESmdgM5ecLudYHXZA1kZrFsrnl4v6aVrRd2pJokZrqAJOxaQysgeW2ud8E_sySEgU-P4_9mqQU4HusvEIekjFssLcH1K6pZm23dPHG_1IjKkCH5WwaF9GVHQz1Ac_GAROjgvRg3P00vbtHKH7DDK5MDoCvmTGVwVhBCuII-aHob8yH41yDgnESb1K88l6emrjq4L__XYAl993qwDlsoBmJSz4zL5xmijVklCuzozyR4PrATobdnLLueE0pAoKiZ\" rel=\"nofollow noopener\" target=\"_blank\">DZS<\/a> (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, today announced it has secured $29.7 million in loans, including a $24.5 million 3-year term loan with 29% shareholder DASAN Networks, Inc. (DNI). The 3-year $24.5 million term loan with an annual interest rate of 8% complements approximately $5.2 million of short-term loans with South Korean bank financial partners. The cash will be used to pay off DZS\u2019 existing term debt facility and line of credit.<\/p>\n<p>\u201cAs a major shareholder of DZS since 2016, we are inspired by the progress the company has made since the Board of Directors appointed Charlie Vogt as President and CEO of DZS in August 2020,\u201d said Mr. Min Woo Nam, CEO of DNI. \u201cThe company\u2019s committment to innovation spanning fixed and mobile networks has generated exciting interest around the world. DNI is encouraged with the company\u2019s future prospects and remains committed to support DZS. DNI expects DZS to convert many of the active trials across North America and EMEA to new customer logo wins in 2023 and 2024 as well as implementing a disciplined focus on net operating income and free cashflow.\u201d<\/p>\n<p>\u201cThe new financing from DNI will ease our financial covenants, lower our interest cost basis and, together with the additional short-term loans secured or in final process, will fully pay off our existing loans,\u201d said Charlie Vogt, President and CEO. \u201cAdditionally, we plan to put a new ABL debt facility in place to fuel our growth as we enter 2024. The past three years have been transformational as we continue to execute a bold vision and strategy designed to disrupt the status quo within the broadband access and AI-driven cloud software market. Our mission has been laser focused on differentiated innovation and expanding our footprint in North America, EMEA and India. With technology advancements, the integration of two software acquisitions and IT systems, as well as the outsourcing of two legacy manufacturing facilities complete, we expect to lower our quarterly operating spend by nearly $10 million by the first quarter of 2024 compared with the first quarter of 2023, specifically, $24 million in Q1 2024 versus $34 million in Q1 2023.\u201d<\/p>\n<p>Mr. Vogt continued, \u201cWe recently attended Fiber Connect, one of North America\u2019s largest broadband conferences, where we showcased our new \u2018Build America, Buy America\u2019 (BABA)- FiberWay turnkey fiber broadband solution. FiberWay is comprised of our next generation access and optical edge systems and complemented by our AI-driven cloud software platform. Customer and prospective customer engagement meetings at this year\u2019s Fiber Connect represented a 50% increase compared with our 2022 Fiber Connect conference.\u201d<\/p>\n<p>DZS has been manufacturing broadband access solutions in the United States for the past two decades. The proposed \u2018Buy America\u2019 waiver for the Broadband Equity, Access and Deployment (BEAD) program announced on August 22, 2023 has clarified the guidelines for vendors to participate in the $42.5 billion Federal financial assistance program for broadband infrastructure. Assuming the current Limited General Applicability Nonavailability Waiver of the Buy America Domestic Content Procurement Preference as Applied to Recipients of BEAD Program stands as proposed, DZS is among a short list of technology suppliers meeting the requirements for Optical Line Terminals (OLTs), OLT Line Cards and Optical Network Terminals (ONTs).<\/p>\n<p>Communications service providers can purchase these products consisting of the environmentally hardened Velocity fiber access systems and a wide variety of Helix ONTs directly from DZS or its reseller channel partners today and be compliant with proposed BABA funding guidelines. The new award-winning Saber 4400 coherent optical edge platform, designed for last mile aggregation and middle mile transport is also being manufactured in the United States. Service providers can easily combine these solutions and complement them with the DZS industry-leading AI-driven Cloud software solutions in FiberWay packages optimized for rapid deployment in unserved or underserved communities.<\/p>\n<p>To learn more about DZS, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Bqn72Uf2LknVTrv7Jq7SU4SjN0Htw4dRvxtj3E-Dz74aEHOPiJi0BZyT0xIjus2UiH_GqIQlvVyd3d_ktpb641HiOCa-72al1BGgk9MnKgvCuTBwpaefBwswU1QTIsTKC27jZEslXsQF7XppTpS7WWzWTsjWY8gbvrYQkRESyVOWSBZ8l_50ral8Etrm8SdOvVj-UlkBNMOYFM10tJFRN9iCIaXR_kUTI3TRK25pgQ0o9yi5adx8PXEmlrdrjpldhEE5CFhi5aVeOA2I5k3Z-YpllhlsplYTmtyJIe7hPYoVewPXwaeIejVWbodeSse8fTS1E5Lhg1W53k0dR7Zq5F1KulCCbdO7fSlPQfF-EquhBElavIxbv0z0aohcWGWSbQuyEkIGOaeX8rZP2T74DBchGY5BE3cfMe_XyH7hi8xIhXKqZ83-85gxZ1YMmgyczHUI92y9g2vWQo5E9wjuMKUciQodVahOBMeIEpu3r7SJ4J2wqBEeph3cbgaGF72jlJdk18XvIJ9Ijk9ge3w-9kLSqIg304jsYCsTuvYBZ6my8QwNxF7WSa3veSCVcxkkGwhKSA8SEbj8KmhT7NS3f0iTKiQ7j6Q7lAPw-7E6CG8T4Pbm1pDewA5-FBoU9QyCocPJjwPqQsDD9lV-AYgzFAoiwSqKvlk_1YEcr0vPjBRpaH1qx2lvAF_wpGdSu4bEwnytdg3KZF6X15woVrzGdg==\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.dzsi.com<\/a>.<\/p>\n<p>\n        <strong>About DZS<\/strong>\n      <\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=1q4YSqql9mlyRp_zJMg-lytV2SlSG2Ozf5_a1QBVnuE9ZxuA7S8EjXBvj3U1NpWo8CZyLEJ4VGWRPLAHCULjKINkQ8lUQxarGyghJkfFQntvNLS99K-dwrzZjxo-5AY8pIKDsVmG7eI1gXxP2bMXnbvvGmqfl6NWNqjWc5wYSwS-RQvTaxg9PLU7jdYh3lyUs_fSwdORMFd2ZpUWdALw3kofzSa15-zBXdA1cLBfqV4YysI0zMODpHOg-9BRZCUqmr9tgcUDO3CbTbS3ge46CmaxE8FNLwOAxd74EsRliJR7Rh5CGHxPHwXLU39cJl1jUakgLI4ExL5jURSBnuElNbo5kco0Gu9s41nCUCAXGkNvbgz_JYH9apaO43XGHsIGSDunx_z_lhLIZxmyKaF-__2Gmf5aOtgN4G9ks-uB-qhEIdRKsK10XOastjCsLvZS0a6z1eTphVPr3ey3AICGZjbo92lRqDgPSDqKLf3SuLpA93RSuoEPxlHBZJaL2dmUHIdgSVt1meBWebknT26scWsfthog7o5QRGxFXes1O74khBTQfVRb5lB2rEiaPGTwcDo1phlbULAkP0KZ3W-QW3gRCzuBwomkFgCV_gq-EARjazCWKKcJpiaUbdgAKXPtDoqzJkM4Gr6ZWOqYwVmBxgWE3Tv1mptGSXz4JBa66sdRkoKC1b7ckPlxUYuG0-MX\" rel=\"nofollow noopener\" target=\"_blank\">DZS Inc.<\/a>\u00a0(Nasdaq: DZSI) is a global leader of access, optical and AI-driven cloud-controlled software defined solutions.<\/p>\n<p>DZS, the DZS logo, and all DZS product names are trademarks of DZS Inc. Other brand and product names are trademarks of their respective holders. Specifications, products, and\/or product names are all subject to change.<\/p>\n<p>This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Private Securities Litigation Reform Act of 1995. These statements reflect the beliefs and assumptions of the Company\u2019s management as of the date hereof. Words such as \u201canticipate,\u201d \u201cbelieve,\u201d \u201ccontinue,\u201d \u201ccould,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cforecast,\u201d \u201cgoal,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cplan,\u201d \u201cproject,\u201d \u201cseek,\u201d \u201cshould,\u201d \u201ctarget,\u201d \u201cwill,\u201d \u201cwould,\u201d variations of such words, and similar expressions are intended to identify forward-looking statements. Readers are cautioned that these forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict. The Company\u2019s actual results could differ materially and adversely from those expressed in or contemplated by the forward-looking statements. Factors that could cause actual results to differ include, but are not limited to, those risk factors contained in the Company\u2019s SEC filings available at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JjhSXu8vjBdhv837g9nDXIThusRjg0EvpB94Smk3lzNtqHKlpSSbgB3MqxOSlT0TSA9N2716YfaxiSka-Kiri1P9eqZKP5Zu_4dSf9iW0UDWIHzd7TLrNMLWCF8zJJ8rAr_AuVtFgXVNT-UWNAgQYfNaC81vU6_6AOrLbsnFdc-X9YfW0XlLJXqSDXCnmcvG4JulNPtdln-5JcBhlRIK3UGAKUsfigBbceymrDb_KsuzJjrQY8InftU6n1j_PGgl1pjjiO3VGwCaz7odZ0jhSkt8Huy9we6D_Y7JpSSM94vY6BxBZ0xIrAeYgx8DqYLTXYCYVa2-FrUL1ijFMSe4IbyIo0EMRmigyjN0_i6ThRMo3HSs57i0Hd0VrLPNZh_Khl1Lz5oRZWaRwFzUxk8Z0yZJ9ZI2sAFk2a4ZxYWLePUd9Up7snGZcwOGWrx7ub_Xonl3d2a4o9-0WwvI-QX_afgXUZuo5mFp5RXRRSzleT0tl324q6dN6iQiT7sAxpR6UGNOhoOkOrLJ3WdEQtv2gzmgk4QqG94NgDpJYm4-0stRILCag9UwfqJBu6QX2TprtD-deVG9SDwEBiri-C1kmLt2iqulNp9nEQsW_EYkwnG4CrX6kKJa7mPLkzlwEKmlotF2VkWt4dN6UTdnXrZF5MhLEAnxz5b-6Bm8sIj3GlqQd4kYIfRlwLGgHMtK91aD\" rel=\"nofollow noopener\" target=\"_blank\">www.sec.gov<\/a>, including without limitation, the Company\u2019s annual report on Form 10-K, quarterly reports on Form 10-Q and subsequent filings. In addition, additional or unforeseen affects from the COVID-19 pandemic and the global economic climate may give rise to or amplify many of these risks. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. DZS undertakes no obligation to update or revise any forward-looking statements for any reason.<\/p>\n<p>For further information see:\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=NYXV63nk5jDf-AJRC0zARCLH0iqsXQMBcmQkYQAmKEHMtUKE2QGe4zUzNoh7WN-3ZKhCFAgVrEMGBX-UqZ-n_SrW7qMQzvpdP2l-rPfnxSoJBWXTtK2wbss0gNamjeSkEqX0C08RcTLs45E5lGwqB17lsh3EFO-zDp_OKsUG7X4i1xqTh7dWzct00lmTSdAc3bzJny9qoHa26JrAueSyk2Fi9A_j_EormsLDP5lLN1Fyyv-oLPw17e7iUfhhGR5FXOOox4Bga2dPDoev9Jfy0oN1VLzwlCJtvf9zSZa3HhuM6z8NmjjU3xQjB875JBHwTVuchfQ175K3s6Ha8ZxQMo_mRKRYoZrUgPiDfxDglowauvqwpvhc52epWYcucknaa4hN-b4x_GPzp-KAqmTAHKZm01NreQZOK5aXUUn66YFvyuvUZ2COoPd3WFIVwP90pW656MvciB8yYn6SZP2pMXSglOg-AUK576sWklCH1KyEZCscAVljpq0zGPHbiBj8YUgw6TfLjXoJu1-m-IXk34yQPbkz8wyUaeU7WGipKI7kUFPag4vVIj5Uzqqre02daGA7FWvCJ2f9aJOIOnwjuk-ZO0ij5p6ea6X9-mcsDJVTEgylfK8FzWVk__RrG7tZLUCSrA0TLC5mnggwY9yq3Fol8JRY4lTChT7LpW3mJGlSbe3CPRD_AOaZc_qhklze\" rel=\"nofollow noopener\" target=\"_blank\">www.DZSi.com<\/a>.<br \/>DZS on Twitter:\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Bqn72Uf2LknVTrv7Jq7SU-xnKbgdGh4OBKZgsdAWLkE7KnO13f9uaXQgQ6OvPQZsc5lo3qjzDgdx9h2eeFkAHFZmER5SJh7IPCUOdw9jvHfJhC-BhDdSLycizP8XKxvDDRrbmwsSAThRLlDPIlO5CyKAnhSfnNa741f3nmUuRTKSFeNxMGLLh-S3jKOU6go9AM_kyYGIp_Cd5Q0a_muqtui5h3LCt9fIhHznnY6YzN2U5Fb4GTAejjaz2C7yffSpsXPyPTmB-E1gg9GqbJdbs5gaL3aWxiAopVydVL3H-KxoqnBwfwLgsEZZi0lCDoPI2o89a95JbPDXPiUoLwhrOuxgYxVO91nmrhECwaP7FWc_J-9T_FY8muqaXMyAHQGysuv8eOMsRjXF9rPGlZClqFRHkmh9xWT6Thunf7496Dr8Dzq6KhM6FDL_XtXSnzcoKpnRx9W2hNaNvdmg_SWbuSLTpxiMaNsRd3OH8T8P36gEp5ACEOJgLW_2JtruQgp_H-QsUl2Z8ogfsmq6VZX5iFFUMfSMJGhwRi9lw-Y606QJFtYH2xRgMIlL2jo-ZQos8tH6FfgDEzuZkLMdb_uBYTjnEvK4qBTB0b5Z6JIMKCFltK7kd9Wuj-rXlkyf5lEsZD-WiNgZNTPBOsgJUR7zLkjOfBS_BD_e3fJ6zTgtdLuaSHlbMocQxZaUq6fzDvOEI9WS16xhZfiNC8XJVRsu8mQxA0aiH74CaHLMCZ5cFi-7Jhl0uT12vL7wnu4LeZtO\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/twitter.com\/dzs_innovation<\/a><br \/>DZS on LinkedIn:\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Bqn72Uf2LknVTrv7Jq7SU-5mD2ZMSHP8TjPqQjM5sjUR8iNXUMb-N_PiiMHxN1SWR_ARIYfXU79Aq3D82jwedrbME9tC9baxNCJ7oY5Hr0NqI4jo12Ca87QOb78YTS4wIOUhq3xj4tnyeVlYNfvuiG1LX20pC6-jhr9ymZEaQvwq68wpg1IlobfFTuQbFQu3RblncoPdhy0iiNOD4RjYICoADHysHXnbyRj7lN3afqlWxK4FclwkejglxZJVAbt2csiHSpkx6eDWixs0g3hDA0JUW4VSgN4cw81Rcgzci9NH0In_M5V0VvgFxEXl4tTyVtfEh9GJY2dQBBGSW2uRwNUPOkvPYbnrO1GwewiHuR0QrKeV-klxENMrnpVmUSemSD1M7ifILP9Xku6Qo7Ka14nvltXhJuS1W2elmFBS2iqPnd1EoWhlJ-_sDeyfwX6IQe2b0CTNyXG5henicv9WMbIrEXnpwTGd7TwiuJ0W-CaV2Y33em4rb71AX1Czem3XSGXJ2nBrpmBtkYUyCpV4YCpmPcxYuaWfDPJZ0E4KbGYX747fiGrjQ0snAGay7Qk1eTxfnJRI5aqOhdxQwOtbwkYrtNS3Yne5E65MrggXeTttkkeFALUqX398Da0fM9SYazGp9veQGROPzpxLgob71wFSW-0qKZeQRus9Pk39qklk8PGZEzv8rz9b2_dtL1LH-l-dk5R6oQNU-WY6Zb1xRt_bEiGcnV4-uwY5uU315JU_jwwd-BTtYknrkguF9ADK\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.linkedin.com\/company\/DZSi\/<\/a><\/p>\n<p>Press Inquiries:<br \/>Kenny Vesey, Thatcher+Co.<br \/>Phone: +1.973.518.3644<br \/>Email:\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=DV3HtagHnW5PsnxFNys6B-ojgzR9DzaXUpBj2HuHsjERUtXpg1iCD6zd1BMU1-dZujU-Y5E3b-UeJ7ze-QdGSBBmOzTM90I_cto0Lz6UZrqTWhwJDOoMVryYkAvUB2bc\" rel=\"nofollow noopener\" target=\"_blank\">kvesey@thatcherandco.com\u00a0<\/a><\/p>\n<p>Investor Inquiries:<br \/>Ted Moreau, Vice President, Investor Relations<br \/>Email:\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=8hpHdxb4M0t59fGx8Rx-11h9MuK26nwmcCpNqgrrFrn1KbCJ0nY7PSJLeHKxEalzb17Lp5HOUoqIamjJDG5AqA==\" rel=\"nofollow noopener\" target=\"_blank\">IR@dzsi.com\u00a0<\/a><\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkyMTI3NCM1ODExMTc4IzIwMDc1NTk=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/NTM1YzExMWUtOWVkZi00OTFkLWFiZDUtOTNlNDhjYTdiYmRhLTEwMTkxMzI=\/tiny\/DZS.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Press Inquiries:\r\nKenny Vesey, Thatcher+Co.\r\nPhone: +1.973.518.3644\r\nEmail:\u00a0kvesey@thatcherandco.com\r\n\r\nInvestor Inquiries:\r\nTed Moreau, Vice President, Investor Relations\r\nEmail:\u00a0IR@dzsi.com<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>DALLAS, Sept. 13, 2023 (GLOBE NEWSWIRE) &#8212; DZS (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, today announced it has secured $29.7 million in loans, including a $24.5 million 3-year term loan with 29% shareholder DASAN Networks, Inc. (DNI). The 3-year $24.5 million term loan with an annual interest rate of 8% complements approximately $5.2 million of short-term loans with South Korean bank financial partners. The cash will be used to pay off DZS\u2019 existing term debt facility and line of credit. \u201cAs a major shareholder of DZS since 2016, we are inspired by the progress the company has made since the Board of Directors appointed Charlie Vogt as President and CEO of DZS in &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dzs-secures-29-7-million-in-financing\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;DZS Secures $29.7 Million in Financing&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-783732","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>DZS Secures $29.7 Million in Financing - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dzs-secures-29-7-million-in-financing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DZS Secures $29.7 Million in Financing - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"DALLAS, Sept. 13, 2023 (GLOBE NEWSWIRE) &#8212; DZS (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, today announced it has secured $29.7 million in loans, including a $24.5 million 3-year term loan with 29% shareholder DASAN Networks, Inc. (DNI). The 3-year $24.5 million term loan with an annual interest rate of 8% complements approximately $5.2 million of short-term loans with South Korean bank financial partners. The cash will be used to pay off DZS\u2019 existing term debt facility and line of credit. \u201cAs a major shareholder of DZS since 2016, we are inspired by the progress the company has made since the Board of Directors appointed Charlie Vogt as President and CEO of DZS in &hellip; Continue reading &quot;DZS Secures $29.7 Million in Financing&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/dzs-secures-29-7-million-in-financing\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-13T12:56:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkyMTI3NCM1ODExMTc4IzIwMDc1NTk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dzs-secures-29-7-million-in-financing\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dzs-secures-29-7-million-in-financing\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"DZS Secures $29.7 Million in Financing\",\"datePublished\":\"2023-09-13T12:56:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dzs-secures-29-7-million-in-financing\\\/\"},\"wordCount\":971,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dzs-secures-29-7-million-in-financing\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODkyMTI3NCM1ODExMTc4IzIwMDc1NTk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dzs-secures-29-7-million-in-financing\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dzs-secures-29-7-million-in-financing\\\/\",\"name\":\"DZS Secures $29.7 Million in Financing - 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