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Technology Stocks : Efficient Networks Inc - (Nasdaq- EFNT)

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To: Brian K. Winchell who wrote (232)8/9/1999 11:08:00 AM
From: Frederick Langford  Read Replies (1) of 675
 
Efficient Networks Joins Sprint in Delivering Comprehensive DSL Solutions



Business Editors

DALLAS and NEW CENTURY, Kan.--(BUSINESS WIREe)--Aug. 9, 1999--

Sprint North Supply To Provide Efficient Networks'
SpeedStream DSL Modems to North American Network Operators

To further streamline the process of rolling out DSL services,
Efficient Networks, Inc. (Nasdaq:EFNT) and Sprint North Supply today
announced a collaboration to deliver integrated ADSL solutions to
service providers nationwide.
Through this agreement, Sprint North Supply is now a nationwide
distribution channel and full-service integration company for
Efficient Networks' SpeedStream family of DSL customer premises
equipment (CPE). The combination of Efficient's compatible and
cost-effective DSL CPE with turnkey integration services from Sprint
North Supply enables service providers to rapidly deploy
infrastructure and offer DSL services.
"To accelerate DSL service offerings nationwide, best-of-class
products and turnkey integration services must be readily available,"
said Peter Bourne, director of product marketing at Efficient
Networks. "Sprint North Supply is a leader in DSL integration and
product fulfillment, and with the addition of our SpeedStream CPE, we
have enhanced their ability to deliver interoperable, standards-based
DSL solutions to their service provider customers."
Through its relationship with Efficient Networks and leading
central office equipment providers, Sprint North Supply offers
one-stop shopping for DSL service providers. Sprint North Supply
provides services including network design, product fulfillment,
installation, configuration, testing, management and support. This
full-service approach allows ILECs, CLECs and RBOCs to easily expand
their offerings using a cost-effective outsourcing strategy.
"Efficient Networks and Sprint North Supply both have strategic
agreements with top-tier central office equipment providers, which
enable customers to quickly roll out DSL services," said Gail Redmond,
director, Public Networks Division Marketing, Sprint North Supply.
"The combination of custom integration services with industry-leading
ADSL equipment translates into a faster time to profitability for DSL
service providers."
As part of the agreement, Sprint North Supply now offers
Efficient's SpeedStream 3060 internal ADSL PCI modem and the
SpeedStream 4060, a Universal Serial Bus external ADSL modem. These
SpeedStream products are certified compatible with leading DSLAMs and
multi-service access platforms, and are deployed in DSL networks
worldwide.
The SpeedStream DSL products provide a simple installation
procedure and pre-configuration capabilities, allowing service
providers to reduce installation times at the consumer residence or
business. Advanced diagnostics within the CPE enable service providers
to quickly isolate and resolve network issues and maximize DSL service
availability for their customers.

About Sprint North Supply

Sprint North Supply is a leading provider of equipment and
distribution services to the communications and securities industries.
The company operates 11 distribution centers nationwide with inventory
of more than 38,000 products from 1,300 manufacturers. Sprint North
Supply's annual sales exceed $1.3 billion.

About Sprint

Sprint is a global communications company -- at the forefront in
integrating long-distance, local and wireless communications services,
and one of the world's largest carriers of Internet traffic. Sprint
built and operates the United States' first nationwide, all-digital
fiber-optic network, and is a leader in advanced data communications.
Sprint has $17 billion in annual revenues and serves more than 20
million business and residential customers.

About Efficient Networks

Efficient Networks, Inc. is a leading, independent supplier of
DSL voice and data access products for the customer premises. The
company furnishes service providers and small to mid sized businesses
with its SpeedStream DSL CPE product line, which includes a suite of
external and internal routers and modems all designed for simple,
rapid installation and seamless compatibility. As a recognized
worldwide leader in the ATM/DSL market, Efficient Networks is a member
of the ATM Forum and the ADSL Forum. With headquarters in Dallas,
Texas, Efficient Networks has sales and support offices throughout the
United States, and in Amsterdam and Singapore. For more information,
see Efficient's World Wide Web home page at www.efficient.com.

Efficient Networks and its logos are registered trademarks and
SpeedStream is a trademark of Efficient Networks, Inc. All other names
may be trademarks, services or registered trademarks of their
respective vendors.

This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended and
Section 21E of the Securities Exchange Act of 1934, as amended. Such
forward-looking statements include, but are not limited to statements
concerning the combination of Efficient's DSL CPE with turnkey
integration services from Sprint North Supply which enables service
providers to rapidly deploy infrastructure and offer DSL services.
Actual results may differ materially. Important factors that may cause
actual results to differ include the market for DSL services or for
Efficient Networks' products which may not develop or mature. For a
further discussion of the risks facing our business, please refer to
the company's reports filed with the Securities and Exchange
Commission, including, but not limited to, its initial public offering
prospectus. Efficient Networks undertakes no obligation to update
forward-looking statements to reflect events or circumstances
occurring after the date of such statements.

--30--cs/sf*

CONTACT: Efficient Networks, Inc.
Lori Hicks, 972/991-3884
E-mail: lori@efficient.com
or
Sommerhauser Public Relations
Charles Sommerhauser, 925/417-5227
E-mail: charles@trivalley.com
or
Sprint North Supply
Gail Redmond, 913/791-7686
E-mail: kerri.allen@mail.sprint.com
or
Sprint North Supply
Linda Parker, 913/791-6894
E-mail: linda.parker@mail.sprint.com

KEYWORD: TEXAS KANSAS
INDUSTRY KEYWORD: TELECOMMUNICATIONS COMED COMPUTERS/ELECTRONICS
INTERACTIVE/MULTIMEDIA/INTERNET
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Aug-09-1999 08:13 GMT
Symbols:
US;EFNT
Source BW Business Wire
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