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Technology Stocks : Quantum Bridge Communications

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To: Bill who wrote (19)3/9/2000 12:04:00 AM
From: Techplayer  Read Replies (1) of 42
 
Quantum Bridge's Optical Access System Named 'Product of the Year' by the Massachusetts Telecom Council

Mar 8 2000 10:45AM

Business/Technology Editors

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--March 8, 2000--Quantum Bridge(TM) Communications Inc., the leader in Optical Access Networking, today announced that its Optical Access System has been named "Product of the Year" by the Massachusetts Telecommunications Council (MTC) at the organization's Fourth Annual Awards Ceremony last night. The award recognizes Quantum Bridge for its innovation and for "notably advancing the state of telecommunications technology."

"The theme of this year's awards, 'Architects of the Future,' reflects the central role that telecommunications has played in creating our new economy," said Katherine Raphaelson, executive director of the MTC. "Quantum Bridge is an excellent example of the innovation the council was founded to promote and foster. The company's Optical Access System is pioneering the delivery of optical networking to the last mile of the public network and represents the type of technological breakthrough necessary to fuel this new economy."

"We are honored to have our Optical Access System recognized by a respected organization like the Massachusetts Telecom Council," said Jeff Gwynne, a founder and vice president of marketing of Quantum Bridge. "When you consider the wealth of telecommunications talent and expertise that exists in Massachusetts, this award takes on even greater significance. The real thanks for the award go out to the talented team of professionals that make up Quantum Bridge. Without their dedication and perseverance, none of this would be possible."

The Quantum Bridge Optical Access System is currently conducting beta tests with Comcast Corporation. Over the coming months the company will be delivering equipment to several other leading service providers for continued testing. The Quantum Bridge Optical Access System will be generally available in Q2, 2000.

About the Massachusetts Telecommunications Council

The Massachusetts Telecommunications Council, founded in 1993, is a nonprofit industry association representing 300 telecom and affiliated companies in the state. The organization's mission is to promote Massachusetts as a world center for telecommunications by building on the extraordinarily high concentration of telecommunications organizations doing business in the state.

About Quantum Bridge Communications

Founded in 1998, Quantum Bridge Communications is a privately held company headquartered in North Andover, Mass., that has developed an innovative carrier-class Optical Access System designed to eliminate first mile bandwidth bottlenecks and to serve as the foundation of the e-Economy. Recently named one of the "Top Ten Companies to Watch in 2000" by Inter@ctiveWeek magazine, Quantum Bridge is comprised of a team of top talent from industry leading data communications and telecommunications companies such as Bell Laboratories/ Lucent Technologies (NYSE:LU), 3COM (Nasdaq:COMS), Bay Networks, Cabletron Systems (NYSE:CS), Newbridge Networks (NYSE:NN), Nortel Networks (NYSE:NT), and MIT Lincoln Laboratories. For more information, visit our web site at www.quantumbridge.com.

Quantum Bridge and the Quantum Bridge Logo are trademarks of Quantum Bridge Communications, Inc.
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