SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Warren Gates who started this subject11/3/2000 11:10:36 AM
From: voyagers_stocktips   of 12823
 
Industry Related:

news.moneycentral.msn.com

Sorrento Networks Announces Deployment of Regional Optical Networking Solution
November 03, 2000 09:30:00 AM ET

SAN DIEGO--(BUSINESS WIRE)--Nov. 3, 2000--Sorrento Networks, a leading provider of optical networking solutions, today announced that United Pan-Europe Communications (UPC) has selected Sorrento's newly introduced GigaMux(tm) Long Reach product portfolio to provide a regional Dense Wave Division Multiplexing (DWDM) link between Paris and Lyon, France.

Sorrento Networks is a subsidiary of Osicom Technologies FIBR.

This 556-km link between Paris and Lyon will include add/drop connections in Souppes/Loing and Nevers. In addition, an easterly link will connect Meudon, Epinay and Colombes.

"Our technology team made a thorough evaluation of the DWDM vendors," said UPC Chief Operating Officer Gene Musselman. "Sorrento Networks has demonstrated it can deliver the performance and value to meet both our metro and regional networking requirements."

"This is an example of a more agile company like Sorrento Networks winning over the large long-haul vendors," Dr. Xin Cheng, chairman and CEO of Sorrento Networks, said. "We were able to demonstrate a superior ability to meet the regional networking needs of UPC in terms of design and cost-effectiveness. We look forward to supporting UPC's regional backbone deployments going forward."

The system is designed to grow -- while in-service -- up to 32 wavelengths at SDM-16 (the SONET equivalent of OC-48) per channel.

"This means that we can add more bandwidth, as needed, without disrupting existing customer communication," said UPC's Musselman. "This, of course, is very important to our customers and to us."

Extending its metro optical capabilities to a regional solution is a strategic coup for Sorrento Networks that greatly expands its market opportunity.

"There is no absolute distinction between metro and regional DWDM networks in the Carrier Markets we serve," Dr. Cheng said. "Being the first to implement a regional solution for an actual customer is a very important step."

Sorrento Networks GigaMux was the first metro DWDM product in the marketplace and has been proven in metropolitan network applications since 1997. Sorrento Networks has all the necessary components in its portfolio to address the regional DWDM market including optical amplifiers (EDFAs) and dispersion compensation modules.

The Paris to Colombes link is expected to be in service by December with the Paris-Lyon link operational shortly thereafter.

About Sorrento Networks

Sorrento Networks, headquartered in San Diego, provides optical networking solutions that address high-speed applications and network requirements for metropolitan and regional bandwidth service providers. Sorrento Networks' products support a wide range of protocols, network traffic speeds and changing traffic patterns.

Sorrento Networks' existing customer base and market focus includes communications carriers in the telecommunications, cable TV, fixed wireless and utilities markets. The Storage Area Network market is addressed though a strategic alliance with INRANGE Technologies. Recent news releases and additional information about Sorrento Networks can be found at www.sorrentonet.com. Except for historical information contained herein, the matters discussed in this release are forward-looking statements that involve risks and uncertainties. Words such as "plans," "expects," "intends," and variations of such words and similar expressions are intended to identify such forward-looking statements. The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The occurrence of actual events may differ materially due to a variety of factors, including without limitation the following: (1) unanticipated technical problems relating to the Company's products; (2) the Company's ability, or lack thereof, to make, market and sell optical networking products that meet with market approval and acceptance; (3) the greater financial, technical and other resources of the Company's many, larger competitors in the marketplace for optical networking products; (4) changed market conditions, new business opportunities or other factors that might affect the Company's decisions as to the best interests of its shareholders; (5) other risks detailed from time to time in the Company's parent corporation's reports filed with the U.S. Securities and Exchange Commission.

© 2000 BusinessWire

--------------

JMHO, FWIW ....

V~
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext