NEWS ... $5Million Supply Contract with CLEC. From Yahoo: biz.yahoo.com
Tuesday March 28, 9:02 am Eastern Time
Company Press Release
SOURCE: Intelect Communications, Inc.
Intelect Signs $5 Million Supply Contract With NY CLEC
Intelect's Optical Networking Products to be Deployed for Bundled
Broadband Services
RICHARDSON, Texas, March 28 /PRNewswire/ -- Intelect Communications, Inc. (Nasdaq: ICOM - news), a leader in
intelligent optical networking solutions, today announced that Intelect Network Technologies has signed a $5 million,
three-year Master Supply Agreement with Hudson Valley DataNet, LLC, an Orange County, NY-based Competitive Local
Exchange Carrier (CLEC). Terms of the Master Supply Agreement were not disclosed for competitive reasons.
Hudson Valley DataNet will be deploying Intelect's OmniLYNX optical networking equipment from customer premises
through its fiber optic network backbone in order to deliver broadband converged data, video and voice services to
educational institutions, Internet service providers, county and state government facilities, commercial entities, non-profit
organizations, hospitals, utility companies and telecommunications services companies. Driven primarily by customers'
expanding communications operations and the increasing overall demand for data services, including Internet and
e-commerce, Hudson Valley DataNet sought technology that would meet the escalating requirements of its high-bandwidth
customers.
``We are delighted to select Intelect as our technology partner,' says John Galanti, president of Hudson Valley DataNet. ``The
OmniLYNX product line has historically demonstrated a high level of system integrity, thereby assuring our customers will
receive dependable service performance from the Hudson Valley DataNet network. Intelect's equipment is compact, flexible,
and scalable offering the complete functionality in one package needed to provide the bandwidth and level of service
required to exceed our customer's expectations.'
Using Intelect OmniLYNX equipment as the principal electronic system for its network nodes, Hudson Valley DataNet is
rapidly deploying an all-fiber network throughout Orange County, with expansion plans throughout New York's Hudson
Valley region in the near future. Hudson Valley DataNet will be in the unique position to provide its customers a total optical
solution using OmniLYNX products as part of the technology infrastructure throughout the entire network, which serves as a
high capacity backbone for the area.
``This relationship firmly establishes our OmniLYNX family of products in the CLEC arena,' says Bill Barnett, president of
Intelect Network Technologies. ``This purchase represents a clear validation of our OmniLYNX strategy. The OmniLYNX
product line is the ideal platform for Hudson Valley DataNet's business model. By offering a wide variety of protocols in a
single platform, Hudson Valley DataNet is able to profitably exploit the full value of OmniLYNX.'
With an installed customer base of more than 3400 systems for customers worldwide, Intelect's OmniLYNX product family
supports a wide array of data interfaces, allowing diverse types of systems to be easily integrated into one network. This
revolutionary access platform is designed to allow virtually any type of voice, data or video service to be delivered from one
piece of equipment. Enhanced by support for voice and video communications in the same network, OmniLYNX products
provide a single, more manageable system for traffic flow information control.
The advantage OmniLYNX provides for Hudson Valley DataNet includes a single network management system (NMS) that is
flexible and easily handled with no external system equipment requirements. It also allows Hudson Valley DataNet to offer a
superior solution to the traditional network platforms and remain responsive to its customers' present and future needs
efficiently and economically.
About Hudson Valley DataNet
Hudson Valley DataNet, LLC, a private company, was formed to build, market and provide affordable, high-speed,
broadband fiber optic data communication services throughout New York State. Hudson Valley DataNet is certified by the
New York State Public Service Commission as a competitive local exchange carrier (CLEC).
Hudson Valley DataNet's strategic focus is on providing world-class data communication services to small and mid-size
communities. The company offers customized network services to educational, commercial, non-profit, and government
entities. Hudson Valley DataNet's customers receive technologically sophisticated services traditionally reserved for large
metropolitan customers. Hudson Valley DataNet offers its customers the opportunity to improve their access to digital
networks, dramatically increase access capabilities to the Internet, and reduce costs by utilizing state-of- the-art fiber optic
networks. The Company provides bandwidth at speeds ranging from T1 (1.5 megabits/sec) to OC-48 (2.5 gigabits/sec) for
point-to- point circuits, multi-point networks, Internet transport and access, and virtual private Wide Area Networks (WANs)
with a SONET-based ring architecture. The network supports Ethernet, IP, ATM, frame relay, video, and traditional
telephony protocols.
About Intelect Communications
Based in Richardson, Texas, Intelect Communications is a leader in intelligent optical networks with the industry's only
multi-protocol fiber optic access solution that has built-in flexibility and sets the standard in simplifying network operation.
Delivering products today that others promise in the future, Intelect's products allow for a broad array of services and
bandwidth efficiency, providing carriers with a competitive time-to-market advantage. With network management software
supporting both TL-1 and SNMP, and a NEBS-compliant platform, the company's OmniLYNX product suite offers an
unprecedented range of protocols and services in a single shelf for both private and public networks. The OmniLYNX
architecture is designed to support SONET OC-1/OC-3/OC-12, SDH STM-1/STM-4, xDSL, ISDN-BRI, ATM transport,
IP-over-Sonet, DS1 and DS3. Services offered at the customer-premise include FXS/FXO/2W & 4W E&M, low speed data
(RS-232, RS-422, RS-449, V.35), Ethernet 10/100M and Video. Further information about Intelect Communications can be
accessed at intelect.com.
Except for historical information contained herein, the statements in this announcement are forward looking statements which
involve risk and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, the
forward looking statements. Factors that might cause such a difference include, but are not limited to, general economic
conditions in the markets in which the Company operates; success in the development and market acceptance of new and
existing products; dependence on suppliers, third party manufacturers and channels of distribution; customer and product
concentration; fluctuations in customer demand; maintaining access to external sources of capital; ability to execute
management's margin improvement and cost control plans; overall management of the Company's expansion; and other risk
factors detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact: Troy Ussery, Intelect Communications, Investor Relations,
214-455-ICOM ; tussery@intelectinc.com
Shanon Rust, Intelect Network Technologies, Media Relations
972-367-2119, srust@intelectinc.com
Tina Young, TechCom Partners, Media Relations 972-661-0331,
tyoung@airmail.net
SOURCE: Intelect Communications, Inc. |
