8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

October 22, 2007

(October 18, 2007)

Date of Report (Date of earliest event reported)

SYCAMORE NETWORKS, INC.

(Exact name of registrant as specified in its charter)

Delaware	000-27273	04-3410558
(State or other jurisdiction of incorporation)	(Commission file number)	(IRS Employer Identification No.)

220 Mill Road

Chelmsford, MA 01824

(Address of principal executive offices)

(Zip code)

Registrant’s telephone number, including area code:   (978) 250-2900

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

ÿ  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

ÿ  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

ÿ  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

ÿ  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(d)

Sycamore Networks, Inc. (the “Registrant”) today announced that effective as of October 18, 2007, Craig Benson was elected to its Board of Directors.

In connection with his election to the Board of Directors of the Registrant, Mr. Benson has been granted a stock option to purchase 90,000 shares of common stock of the Registrant pursuant to the Registrant’s 1999 Non-Employee Director Stock Option Plan.

On October 22, 2007, the Registrant issued a press release announcing the election of Mr. Benson, which is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.

Item 9.01: Financial Statements and Exhibits.

(d)Exhibits

Exhibit Number	Description
99.1	Press Release of Sycamore Networks, Inc., dated October 22, 2007.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Sycamore Networks, Inc.

By:	/s/ Alan R. Cormier
	Alan R. Cormier
	General Counsel and Secretary
	(Duly Authorized Officer)

Dated: October 22, 2007

EX-99.1

CONTACT:
Press Inquiries	Investor Inquiries
Scott Larson	Bob Travis
Sycamore Networks, Inc.	Sycamore Networks, Inc.
978-250-3433	978-250-3460
scott.larson@sycamorenet.com	investor.info@sycamorenet.com

SYCAMORE ELECTS INDUSTRY VETERAN CRAIG BENSON TO BOARD OF DIRECTORS

CHELMSFORD, Mass., October 22, 2007 – Sycamore Networks, Inc. (NASDAQ: SCMR), a leader in intelligent bandwidth management solutions for fixed line and mobile network operators worldwide, today announced that Craig Benson has been elected to the Sycamore Networks Board of Directors. As founder of one of the most successful companies in the networking industry, Benson brings extensive management and business development expertise to Sycamore Networks.

As former Chairman and Chief Executive Officer at Cabletron Systems, Benson was responsible for overseeing one of the largest and most successful computer networking companies. Benson co-founded Cabletron in 1983, growing the company from a two-man start-up operation to one of the world's leading providers of networking solutions. Inc. Magazine named Benson "Entrepreneur of the Year" in 1991, and in 1995 he was inducted into the Academy of Distinguished Entrepreneurs.

“We are very pleased to welcome Craig Benson and his expertise to Sycamore’s Board of Directors," said Daniel E. Smith, president and CEO, Sycamore Networks. “Craig’s proven experience, valuable insights, and high energy will be of great value to both our Board and the Company as we continue to move Sycamore forward.”

In 2002 Benson was elected the Governor of New Hampshire, winning with a strong majority and delivering on his commitment to use technology and greater efficiency to save money in state government. As 79^th governor of the state, Benson successfully introduced a number of ground breaking initiatives in the area of health care, education reform, and government operations. During his tenure, Benson was recognized by the CATO Institute as the best newly elected governor and the second best governor in the country.

"I am honored and excited to be working with Dan and the Sycamore team," said Benson. "The company has a history of delivering industry leading innovation and is in a strong position as network operators introduce best-in-class technology to optimize their networks for dynamic new services."

Benson graduated from Babson College with a degree in finance and completed an MBA in operations management from Syracuse University. He currently sits on two non-profit boards and teaches courses on Entrepreneurship at Babson College.

About Sycamore Networks

Sycamore Networks, Inc. (NASDAQ: SCMR) is a leading provider of intelligent bandwidth management solutions for fixed line and mobile network operators worldwide. From multiservice access networks to the optical core, Sycamore products enable network operators to lower overall network costs, increase operational efficiencies, and rapidly deploy new revenue-generating services. Sycamore's global customer base includes Tier 1 service providers, government agencies, and utility companies. For more information, please visit www.sycamorenet.com.

We wish to caution you that certain matters discussed in this news release constitute forward-looking statements regarding future events that involve risks and uncertainties. Readers are cautioned that actual results or events could differ materially from those stated or implied in forward-looking statements. These risks and uncertainties include, but are not limited to, the findings, including possible tax liabilities and penalties resulting from the audit of certain of the Company’s income tax returns by the Internal Revenue Service, risks relating to the formal investigations commenced by the Securities and Exchange Commission and the U.S. Attorney’s office with respect to certain stock options granted by the Company, and additional actions and findings that may result from the ongoing investigation into such stock options and the accounting therefor, including the restatement of previously issued financial statements, certain purported shareholder derivative actions filed against the Company and certain of its current and former officers and its directors. Certain additional risks are set forth in more detail in the section entitled “Risk Factors” in the Company’s most recent Quarterly Report on Form 10-Q and Annual Report on Form 10-K filed by the Company with the Securities and Exchange Commission. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future results or otherwise.