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Corning Incorporated: Corning and Altechna R&D Pursue New Laser Glass Processing Technologies

CORNING, N.Y., February 9, 2016 -
Corning Incorporated(NYSE: GLW) and Altechna R&D (Workshop of Photonics) today
announced that, effective Feb. 4, 2016, they have entered into a joint
development agreement to develop new laser glass processing technologies.

"The emerging opportunities for ultra-strong, ultrathin, and ultraclean glass
processing solutions, along with a need for greater glass processing
efficiencies, are driving the demand for laser processing technologies. We
believe this strategic relationship with Workshop of Photonics will enhance
our ability to deliver innovative laser processing solutions for glass," said
Michael Müller, managing director ofCorning Laser Technologies.

"This strategic partnership with the global specialty glass production leader
is recognition of the unique glass processing laser technology developed by
Workshop of Photonics," said Gintas Šlekys, board chairman ofAltechna R&D
(Workshop of Photonics). "We see this as a great opportunity to grow
alongside Corning Incorporated by providing laser application R&D services."

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.

Digital Media Disclosure

In accordance with guidance provided by the SEC regarding the use of company
websites and social media channels to disclose material information, Corning
Incorporated ("Corning") wishes to notify investors, media, and other
interested parties that it intends to use its website
(http://www.corning.com/worldwide/en/about-us/news-events.html) to publish
important information about the company, including information that may be
deemed material to investors. The list of websites and social media channels
that the company uses may be updated on Corning's media and website from time
to time. Corning encourages investors, media, and other interested parties to
review the information Corning may publish through its website and social
media channels as described above, in addition to the company's SEC filings,
press releases, conference calls, and webcasts.

About Corning Incorporated

Corning (www.corning.com) is one of the world's leading innovators in
materials science. For more than 160 years, Corning has applied its
unparalleled expertise in specialty glass, ceramics, and optical physics to
develop products that have created new industries and transformed people's
lives. Corning succeeds through sustained investment in R&D, a unique
combination of material and process innovation, and close collaboration with
customers to solve tough technology challenges. Corning's businesses and
markets are constantly evolving. Today, Corning's products enable diverse
industries such as consumer electronics, telecommunications, transportation,
and life sciences. They include damage-resistant cover glass for smartphones
and tablets; precision glass for advanced displays; optical fiber, wireless
technologies, and connectivity solutions for high-speed communications
networks; trusted products that accelerate drug discovery and manufacturing;
and emissions-control products for cars, trucks, and off-road vehicles.

About Workshop of Photonics

Workshop of Photonics (www.wophotonics.com) is an Altechna R&D brand dedicated
to laser micromachining solutions. The company specializes in a number of
fields ranging from feasibility studies to laser micromachining workstations
and state of the art technological solutions for industry applications. Since
2007 Workshop of Photonics has been heavily investing and carrying out
extensive research and development in the field of femtosecond laser
micromachining. The company most closely works with semiconductor, medical,
photovoltaic and other industry players. Workshop of Photonics follows the
open innovation culture and relies on a vast network of laser sector
companies, universities and worldwide partners to find new applications and
growth avenues.

Media Relations Contact:

Joe Dunning
(607) 974-5006

Investor Relations Contact:

Ann H.S. Nicholson
(607) 974-6716

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Corning Incorporated via Globenewswire


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