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Interspeed Announces $5 Million DSL Equipment Reseller Contract With Solunet
Nation's Premier Network Solutions Provider to Offer DSL Product; Interspeed's Integrated Access Routers Speed Sales Cycles To Service Providers
NORTH ANDOVER, Mass., Feb. 9 /PRNewswire/ -- Interspeed, Inc. (Nasdaq: ISPD), a leading provider of integrated, high-speed digital subscriber line (DSL) access solutions for building-centric Internet Service Providers, today announced a 12 month contract with Solunet Inc., to offer Interspeed's DSL product line. The value of the contract is expected to exceed $5 million. Effective immediately, Solunet, one of the nation's premier providers of telecommunications equipment and services, will begin offering Interspeed's complete family of DSL Access Routers to carriers nationwide. Interspeed's unique products include virtually every component required for DSL, saving significant cost and reducing the complexity of provisioning high-speed Internet services.
The contract expands the strategic relationship the two companies formed in November 1999, and should further position Interspeed as a leading DSL equipment supplier to central office and Multi-Tenant Unit service providers.
"DSL represents a significant market opportunity for Solunet," said Mike Wertheimer, President of Solunet. "As a total solution provider to ISPs and CLECs, we must offer products that are cost-effective and easy to use. Interspeed's family of integrated DSL Access Routers represents both. Solunet looks forward to working with Interspeed to enable service providers to capitalize on the strong demand for high-speed Internet services."
Added Steve Ide, President of Interspeed, "Carriers continue to tell Interspeed that our access platforms dramatically reduce the complexity of provisioning and managing DSL services. This is even more important for Solunet, which needs to quickly help its customers begin generating revenue with as little time-consuming support as possible. We believe our relationship with Solunet will help further position Interspeed's integrated offerings as the DSL platforms for choice for savvy service providers." |