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 Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com
Aug-09-1999 08:13 GMT Symbols: US;EFNT Source BW Business Wire |