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Technology Stocks : PairGain Technologies

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To: BWAC who wrote (36143)2/29/2000 1:25:00 PM
From: max power  Read Replies (1) of 36349
 
PairGain Announces HiGain Solitaire HDSL2 Deployment at Allegiance Telecom
PR Newswire - February 29, 2000 13:11

PairGain Extends HDSL2 Market Leadership

TUSTIN, Calif., Feb. 29 /PRNewswire/ -- PairGain(R) Technologies, Inc. (Nasdaq: PAIR), the power behind DSL access(TM), today announced that its HDSL2 solution, HiGain Solitaire(TM), is being deployed by Allegiance Telecom, Inc. (Nasdaq: ALGX), one of the nation's largest CLECs (competitive local exchange carriers). Dallas-based Allegiance Telecom provides businesses with single-source telecommunication solutions, including local, long distance and international calling, high-speed data transmission and Internet services. HiGain Solitaire enables Allegiance to offer small to medium-sized businesses more economical high-speed services because of the cost savings inherent to HDSL2. Allegiance Telecom is already using HiGain Solitaire in a number of the 20 markets the company currently serves and intends to utilize the PairGain solution as it expands into new markets. HiGain Solitaire leads the industry in commercial HDSL2 deployments and is fully compliant with the ANSI T1.418-2000 HDSL2 standard.

"HiGain Solitaire is a technologically advanced and economically efficient solution that is well-suited for many of our customers," said Dana Crowne, senior vice president and chief technology officer at Allegiance Telecom. "HDSL2 lets us expand our product portfolio to include the low-cost, high-speed symmetrical services that we know our customers want."

Allegiance is using the HiGain Wideband System 3190 (WBS-3190), a managed DS3-based access platform, to deploy HiGain Solitaire. The WBS-3190 provides a standards-based shelf from which to offer HDSL- and HDSL2-based services and is PairGain's latest HiGain system. The sale of HiGain Solitaire to Allegiance expands the business relationship between the two companies.

"Allegiance Telecom is a formidable player in the CLEC arena, and we're very excited that HiGain Solitaire is one of their preferred products," said Dennis Young, PairGain's executive vice president, GM Telco Systems. "We're especially pleased with how rapidly HiGain Solitaire is penetrating the high-growth CLEC market."

HiGain Solitaire

HiGain Solitaire is PairGain's standards-based HDSL2 solution that offers the same performance, reach and spectral compatibility of traditional two-pair HDSL. It enables service providers to immediately deploy a high-performance, low-cost solution for T1 delivery applications. The HiGain Solitaire family includes a system of central office (CO) shelves, line units and remote units available in all common T1 system form factors. A turnkey solution ideal for carriers of all sizes, HiGain Solitaire is designed to simplify the adoption and deployment of this new technology and comes with PairGain's comprehensive documentation, training and customer support.

Allegiance Telecom, Inc.

Based in Dallas, Texas, Allegiance Telecom is a facilities-based competitive local exchange carrier that offers businesses a complete package of telecommunications services, including local, long distance, international calling, high-speed data transmission and Internet services. The Company is targeting 36 major metropolitan areas in the U.S. with its "one-stop shopping" approach. Allegiance is currently operational in 20 markets: Atlanta, Baltimore, Boston, Chicago, Dallas, Denver, Detroit, Fort Worth, Houston, Long Island, Los Angeles, New York, Northern New Jersey, Oakland, Orange County, Philadelphia, San Diego, San Francisco, San Jose and Washington D.C. The Company's web address is www.allegiancetele.com.

PairGain Technologies, Inc.

PairGain is the leader in the design, manufacture, marketing and sale of DSL networking systems. Service providers and private network operators worldwide use PairGain's products to deploy DSL-based services such as high-speed Internet access, remote LAN access and enterprise LAN extension. On February 23, 2000 PairGain announced that it and ADC Telecommunications (Nasdaq: ADCT) had reached an agreement for the acquisition of PairGain by ADC.

For more than 10 years, PairGain has been recognized as a technology leader and industry innovator of telecommunications equipment. The Company offers the widest range of DSL-based systems available. Product lines include HiGain Solitaire(TM) HDSL2 solutions, HiGain(R) T1/E1 access systems, PG-FlexPlus(TM), PG-Flex(R) and PG-Plus(R) subscriber carrier systems, the Avidia(R) System, Megabit Modems(R) and Campus-RSTM DSL access products. More than 1.7 million PairGain DSL nodes are installed in over 100 countries. Additional information about the Company is available on the Internet at www.pairgain.com.

Except for the historical information contained herein, the matters discussed in this announcement are forward-looking statements which involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the Company's operations, markets, products, services and prices and other factors discussed in the Company's filings with the Securities and Exchange Commission. All trademarks within are the property of their respective manufacturers.

SOURCE PairGain(R) Technologies, Inc.

/CONTACT: Press and Industry Analysts: Stephen Moore of PairGain
Technologies, 714-730-2336, stephen_moore@pairgain.com; or Kristin Duskin-Gadd
of Interprose Public Relations, 703-359-0305, kduskin-gadd@interprosepr.com;
or Financial Media and Analysts: Kim Gower of PairGain Technologies,
714-832-9922, investor_relations@pairgain.com/

/Web site: allegiancetele.com

/Web site: pairgain.com

(PAIR ALGX ADCT)

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PAIR ALGX ADCT %TLS V%PRN P%PRN

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¸ 1999 TD Waterhouse. Click here for important legal information.
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