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Technology Stocks : NHC COMMUNICATIONS (TSE:NHC) acquiring THE FIBER COMPANY

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To: Ciao who wrote (82)1/12/2000 9:59:00 PM
From: Lalit Jain  Read Replies (1) of 856
 
NHC Comm receives $800,000 VCCS order

NHC Communications Inc NHC
Shares issued 12,460,659 Jan 12 close $0.28
Wed 12 Jan 2000 News Release
Mr. Sylvain Abitbol reports
NHC Communications has received an order valued at more than $800,000 for
its VCCS (Virtual Cross-Connect System), which facilitates DSL testing and
deployment for telecommunications companies. The order was received from
one of the top 10 CLECs (competitive local exchange carrier) in the United
States.
Presently, two VCCS units have been deployed in the field, with very
convincing results. A third unit has been deployed in the CLECs laboratory,
where additional testing and development of possible applications is being
carried out. Nine additional VCCS units will be deployed during January and
February.
"In terms of both this customer and the telecommunications market in
general, this purchase order has opened the door to significant
opportunities, which we are currently pursuing," said Sylvain Abitbol,
president and chief executive officer of NHC. "We are confident that this
significant purchase order will be a catalyst for a ramping up of VCCS
sales."
DSL (Digital Subscriber Line) is a technology for bringing high-bandwidth
information to homes and business users over ordinary copper telephone
lines. Customers with access to DSL services can receive data at rates up
to eight megabits per second in optimal conditions, enabling continuous
transmission of motion video, audio, and even 3-D effects. The exploding
DSL deployment market is seen as a key element in widening access to
high-bandwidth Internet applications.
NHC's VCCS technology facilitates DSL testing and deployment by providing
state-of-the-art telecom grade automated cross-connect switching
capabilities as well as remote access. The VCCS solution is particularly
advantageous for CLECs, who can dramatically reduce their need to access
remote installations and collocation facilities by using NHC technology to
manage their DSL testing and provisioning needs.
"This contract represents a turning point for NHC, and is testimony to the
soundness of our decision to focus on switching solutions and, more
particularly, on the telecommunications market," said Mr. Abitbol. "With
the explosion of the Internet and the increasing demand for high-bandwidth
content and applications, NHC's position as a niche leader will result in
unprecedented growth opportunities," said Mr. Abitbol.
(c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com
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