Corporation Supplies High Speed Access Corp. With IP Telephony Technology
August 17, 1999 08:07 AM
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Aug. 17, 1999--
Market Trials Begin With Phone-to-Phone Service, With Cable Telephony Plans to Follow
Clarent(R) Corporation CLRN , a worldwide leader in carrier-grade, phone-to-phone IP telephony solutions, and High Speed Access Corp. HSAC , a leading provider of high speed Internet access via cable modem to residential and commercial end users in exurban areas, announced today that HSAC will be implementing Clarent's IP telephony technology in a number of HSAC's service areas.
The service is currently being tested in three HSAC locations.
During the trial, HSAC will offer phone-to-phone prepaid service over its IP telephony network using Clarent gateways and the Clarent Command Center. HSAC's plan is to offer conventional IP telephony services today and is also evaluating plans to offer cable telephony services.
"As worldwide growth for IP telephony products and services accelerates, we see our products starting to be adopted by leading cable industry players such as HSAC," said Jerry Chang, president and CEO, Clarent Corporation. "We are pleased to partner with HSAC in this initial service offering and look forward to our continuing relationship as they evaluate IP voice applications via cable."
"We are very excited about the possibility of enhancing our product line by offering voice services to HSAC's cable modem customers," said Ron Pitcock, president, HSAC.
"Our market trials provide the opportunity for HSAC to build out its IP telephony customer, back-end network and back office function so that we have the infrastructure in place to support our customers with innovative cable telephony products. Clarent's technology, which is designed to support phone-to-phone, fax-to-fax, cable modem-to-phone based on open standards from CableLabs, and other IP telephony applications, is an ideal choice for HSAC. Clarent recently participated in the first Packet Cable interoperability event and successfully interoperated with equipment from multiple vendors."
Forward Looking Statements
This release may contain forward-looking statements regarding Clarent's products, business, customers or other factors that may affect future earnings or financial results. Such statements involve risks and uncertainties, including but not limited to potential issues relating to interoperability, inability to introduce new products, ability to retain key customers and other factors, which could cause actual results to vary materially from those expressed in or indicated by the forward-looking statements. These risks and uncertainties are described further in the risk factors section of the prospectus filed with the Securities and Exchange Agreement and effective June 30, 1999.
This release also may contain forward-looking statements that involve risks and uncertainties regarding HSAC's business activities. Any statement in this press release that is not a statement of historical fact may be deemed to be a forward-looking statement. Among the important factors which could cause actual results to differ materially from those in the forward-looking statements are our unproven business model, the possibility that our IP telephony trials may not lead to a viable Business opportunity or benefit us in any way, and other factors detailed in our filings with the Securities and Exchange Commission, including our recent registration statement on Form S-1.
About Clarent Corporation
Clarent Corporation is a premier provider of scaleable, IP telephony products to carriers and internet service providers around the world. Clarent's intelligent architecture and the Clarent Command Center enable Clarent products to route, manage, inter-connect and terminate high volumes of calls for service provider customers including the world's largest long distance telecommunication companies. According to a Cape Saffron report published in 1999, more minutes travel across Clarent-enabled networks worldwide than those of any other equipment supplier.(a)
Founded in July 1996, Clarent is headquartered in Redwood City, California and has offices in major cities in Asia, Europe, Latin America and North America. Additional information about Clarent is available at clarent.com.
About High Speed Access Corp.
High Speed Access Corp., www.hsacorp.net, is a leading provider of high speed Internet access via cable modem to residential and commercial end users in exurban areas. It enters into long term exclusive contracts with cable operators to provide the operators with its services. The Company typically pays its cable partners a portion of the monthly fees it receives from the end users in exchange for the opportunity to access and provide service to the cable partner's subscribers. High Speed Access Corp. completed its initial public offering on June 4, 1999 and is traded on NASDAQ under the symbol HSAC. The Company's investors include Vulcan Ventures, Inc., an affiliate of Microsoft co-founder Paul Allen. Mr. Allen also controls Charter Communications, Inc., the nation's fourth largest cable operator. Other significant HSAC investors include Microsoft Corp., Cisco Systems, Inc., and Com21, Inc.
Note to Editors: Clarent is a registered trademark of Clarent Corporation in the United States and other jurisdictions. All other company or product names mentioned may be trademarks or registered trademarks of the respective companies with which they are associated.
(a) Cape Saffron "Global IP Voice/Fax Market 1999". Cape Saffron is a UK-based research group focused on the international voice market. capesaffron.com
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