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Technology Stocks : Covad Communications - COVD

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To: MangoBoy who wrote (29)1/28/1999 12:24:00 PM
From: MangoBoy  Read Replies (1) of 10485
 
[Lightning Internet Services Selects Covad Communications to Bring High-Speed Internet Access to the Northeast]

MINEOLA, N.Y., Jan. 28 /PRNewswire/ -- Lightning Internet Services L.L.C., a leading provider of advanced network services, recently completed the integration of a new Internet access technology -- LightningDSL. This new development provides the commercial marketplace with significant savings in high-speed Internet access by leveraging the latest xDSL technology that is priced more competitively than conventional T1 costs.

Working with Covad Communications Company, an operating subsidiary of Covad Communications Group, Inc. (NASDAQ:COVD), Lightning has dedicated itself to the overall growth of advanced network services while enabling the business community and smaller ISPs to benefit from high-speed data communications. Chris Kern, Vice President of Lightning Internet Services stated "Lightning Internet Services is one of the largest facilities-based ISPs in the northeast region. LightningDSL further proves our commitment to providing the latest corporate-class Internet technology to our clients by offering more cost-effective Internet bandwidth."

LightningDSL provides dedicated Internet connectivity and the same benefits as a T1 leased line, at a significantly lower cost, making this an excellent access solution for small to medium sized businesses and home-office market.

George Holland, President and General Manager for Covad's Tri-State Region, stated, "Lightning's reputation for quality of service and performance is stellar in the business community. We are very much looking forward to working with Lightning in bringing cost-effective, high-speed Internet access to the northeast region."

Backgrounder: Lightning Internet Services (http://www.lightning.net/) was founded in 1995 with a focus towards serving the business community and ISPs with customized turn-key Internet access solutions. Lightning's area of specialty includes enterprise LAN/WAN integration, Virtual Private Networks, Internet access, and server co-location. Lightning provides Internet services to some of the more prominent Internet players and information providers including; The NPD Group (Media Metrix), Pulver.com, Openlink Financial, Reuters, and Oxford Analytica. Lightning also serves many European ISPs and businesses with high-performance network access and integration services in the United States.
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