Cygnal's Normex Telecom selected by AT&T
Cygnal Technologies Corp CYN
Shares issued 10,128,718 Feb 28 close $5.30
Tue 29 Feb 2000 News Release
Mr. Doug Young reports
Cygnal Technologies Corporation's Normex Telecom division has obtained a
contract from AT&T Broadband, the cable television arm of AT&T Corp., to
install the cable infrastructure for its newly constructed primary hub in
Everett, Wash. The contract is valued at approximately $750,000.
Normex will supply and install the cable backbone as well as install and
connect all RF equipment in a broadband cable head-end located in Everett.
To meet time constraints, Normex's engineering and installation staff built
a full-scale mockup of the Everett installation in a warehouse in Laval,
Que., where the backbone cabling and harnesses were assembled, test-fitted
for precision, and then disassembled for shipment to Everett for rapid
installation.
"This project represents a major opportunity for us," said Doug Young,
president and chief executive officer of Cygnal Technologies. "While our
primary focus has been and continues to be the Canadian market, further
penetration of the United States market remains one of our longer-term
goals. This is therefore an extremely attractive project because it not
only provides us with another opportunity to showcase our work in the U.S.
market, but also brings us in contact with industry leaders like AT&T
Broadband and extends our reputation for broadband expertise south of the
border."
AT&T Broadband is one of the leading providers of broadband services in the
U.S. Formerly known as Tele-Communications, Inc. (TCI) prior to its recent
merger with AT&T, AT&T Broadband is a business unit of AT&T that provides
cable television entertainment and information programming services to more
than 10 million customers across the U.S. The company also provides a host
of advanced services through AT&T digital cable offerings and its
high-speed cable Internet service AT&T@Home, and is actively developing
competitive local cable telephone services. AT&T Broadband is part of AT&T
Corp., the world's leader in telecommunications services and technology.
Normex Telecom Inc. is a Cygnal Technologies Corporation company that
designs and installs structured cabling, broadcast, and wireless
telecommunication systems. |
