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Technology Stocks : XDSL mPhase tech: TV, Broadband Internet & Phone: 1 line!
XDSL 0.0002000.0%Oct 31 9:30 AM EDT

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To: Don Hand who wrote (178)11/10/1999 11:57:00 PM
From: Don Hand  Read Replies (1) of 292
 
Interesting article.
xdsl trialed a server at an Atlanta hotel that used Elastic
products along with Sanswire. This release did not mention servers
so it could be available to xdsl

Darwin Networks Announces $30 Million Agreement With Elastic Networks

Elastic will provide Darwin Networks high-speed connectivity solutions to meet their customer
demand for major hospitality contracts.

Susan Daw (Contact)
November 8, 1999

International Hotel/ Motel & Restaurant Show, New York, NY – Darwin Networks, a leading
provider of high-speed Internet access, today announced that it has signed a $30 million dollar supply
agreement with Elastic Networks, Inc., a spin-off of Nortel Networks. Under the terms of the
agreement, Elastic Networks will supply its burst-mode DSL hardware and innovative connectivity
software solutions to enable Darwin Networks to provide broadband services in the hospitality market.

Elastic Networks, named the primary supplier for Darwin hospitality awards, will begin immediate
shipments of its high-speed connectivity solutions to fulfill Darwin's recent hospitality contract wins to
over 1400 properties including Bass Hotels & Resorts, Allied Hospitality Group, Cavanaugh's, and
Stormont Trice Corporation. Darwin Networks will also explore Elastic Networks' product portfolio in
pending and future hospitality and multi-dwelling unit broadband services awards.

“The Elastic Networks solution is ideal for our hospitality properties,” said David Wigglesworth,
president of Darwin Networks' Hospitality Division. “Winning hotel contracts is only one part the
equation. Partnering with Elastic Networks enables us to deploy quickly and efficiently, utilizing the best
broadband technology available.”

Elastic Networks product portfolio addresses the needs of carriers, enterprises, and vertical markets
such as hospitality and multi-tenant housing. Elastic's core suite of high-speed copper access solutions
are based on EtherLoop burst-mode DSL technology, which provides multi-megabit access over regular
copper phone lines up to 21,000 feet. Elastic Networks portfolio also includes the YesWare software
suite, which provides integrated services management including plug and play connectivity without end
user laptop reconfiguration, billing, service branding, and system management for both EtherLoop and
Ethernet networks."We are pleased to solidify our partnership with Darwin Networks," said Guy Gill,
CEO, Elastic Networks. "Our solutions coupled with Darwin's leadership in broadband services
delivery are a powerful force in enabling high-speed Internet connectivity in both in-building and carrier
applications."

Darwin Networks will deploy Elastic Network's patented EtherLoop-based, burst-mode DSL solutions
including the Elite modem and the ELMo family of multiplexers that deliver 4 and 6 Mbps of
bi-directional bandwidth based on end-user applications. Darwin will also deploy Elastic Networks'
suite of software connectivity solutions - YesWare - that provide integrated services management.

About Darwin Networks

Darwin Networks provides broadband services to the hotels, apartment buildings, office buildings, and
telephone companies. Contracts included large Real Estate Investment Trusts, as well as Phone
Companies in more than 20 states.

Darwin Networks' venture capital investors include Broadband Solutions, LLC (led by Chrysalis
Ventures), Paul Allen's Vulcan Ventures, Richland Ventures, Lehman Brothers, River Cities Capital, and
associates of Moore Capital Management. For additional information, contact Kathy Martins, Director
of Marketing, kmartins@corp.darwin.net. Darwin Networks, Inc., 101 S. 5th Street, Suite 3650,
Louisville, KY 40201. Tel: 502.213.3358. Fax:502.213.3604. www.darwin.net

About Elastic Networks, Inc.

Elastic Networks provides high-speed connectivity without boundaries. Elastic Networks offers
Ethernet-based, burst-mode DSL hardware and innovative connectivity software solutions for the
enterprise and carrier markets, and is dedicated to simplifying the way people connect. By leveraging its
technological differentiation in speed, deployability, and economics, and by building strategic relationships
with distributor, chip manufacturing, and data networking partners, Elastic Networks continues to
increase the pervasiveness of its innovative technology in markets throughout the world.

Elastic Networks Inc., based in Alpharetta, GA, is a private company funded by Nortel Networks,
Texas Instruments and Pequot Capital. For more information about Elastic Networks and its high-speed
access and IP Mobility product suite, visit www.elastic.com or contact (678) 297-3100.

# # #

Media Contact:

Susan Daw
Elastic Networks
678-297-3061
sdaw@elastic.com


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