Panja(TM) and Global Crossing Telecommunications Forge Distribution and Marketing Agreement
- Creates New Residential Channel for Home Internet Entertainment Gateway
- Extends the Internet beyond the PC
DALLAS, and ROCHESTER, New York, March 6 /PRNewswire/ -- Panja (Nasdaq: PNJA) today announced that it has forged an agreement with Global Crossing Telecommunications to bundle Global Crossing's DSL services and the Panja 1000 product line. Panja will package the Panja 1000 Internet Home Entertainment Gateway with SDSL (symmetrical digital subscriber line) access provided by Global Crossing to Global Crossing's Internet Protocol (IP) backbone.
The Panja GC 1000 package includes the Panja 1000 Internet Home Entertainment Gateway with the Broadband Blast service, an always-on, high-speed Internet access connection -- resulting in the industry's first residential gateway product that delivers streaming audio, video and other rich Internet content directly to home entertainment systems and non-PC devices.
"We believe this literally blows the roof off of how people will think about Internet connectivity. It gives our customers access to the cloud services and networking infrastructure for which Global Crossing is known and which is crucial to the expansion of home and business automation and networking," said Panja CEO Joe Hardt.
"Global Crossing fully supports Panja's vision to extend the Internet beyond the PC to cell phones, screen phones, remote controls, pagers, televisions, stereos and the full range of devices possible in the home and enterprise," said David Pugliese, vice president of marketing for Global Crossing.
"The networked home is the point of digital convergence; the place where consumers are realizing the benefits of appealing new applications and content," said Boyd Peterson, vice president of the Yankee Group. "I believe the relationship Panja and Global Crossing have struck is significant as consumers seek increased access to Broadband and seek to access the Internet from anywhere in their homes."
About Panja Inc.
Panja is a new kind of Internet company, linking home and business appliances seamlessly and meaningfully to Internet content and services. Panja's (www.panja.com) leading-edge technology today is slashing the bonds of the PC. Panja is creating a whole new market for home and enterprise automation and networking. Panja products serve consumer and enterprise markets, from boardrooms to classrooms to living rooms. In delivering rich Internet content to non-PC devices, Panja is opening new doors for content providers, people who build broadband infrastructure ... and users. It's a new world.
About Global Crossing Telecommunications, Inc.
Global Crossing Telecommunications, Inc. is a wholly-owned subsidiary of Global Crossing Ltd. (Nasdaq: GBLX) and one of the leading providers of integrated communications solutions -- including Internet, IP and data applications, long distance, local telephone and conferencing -- to business customers. Global Crossing Telecommunications utilizes the Global Crossing Ltd. global fiber optic network with 97,200 announced route miles, serving five continents, 24 countries and more than 200 major cities. The Global Crossing Network and its telecommunications and Internet product offerings will be available to over 80% of the world's international communications traffic. Global Crossing Telecommunications has 50 offices in 26 states with principal offices in Rochester, New York. For more information visit www.globalcrossing.com.
Statements made in this press release that state the Company's or management's intentions, beliefs, expectations, or predictions for the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to complete systems within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price competitive marketplace; changes in the nature of telecommunications regulation in the United States and other countries; changes in business strategy; the successful integration of newly-acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission.
SOURCE Panja Inc.
CO: Panja Inc.; Global Crossing Telecommunications, Inc.; Global Crossing Ltd.
ST: Texas, New York, Bermuda
IN: MLM TLS
SU: JVN |
