CMTN News...
(BSNS WIRE) Copper Mountain Announces Deployed Port Capacity of More Than O
Copper Mountain Announces Deployed Port Capacity of More Than One Million DSL
Ports; One Million Port Milestone Achieved in February 2000
Business Editors/High-Tech Writers
PALO ALTO, Calif.--(BUSINESS WIRE)--April 10, 2000--Copper
Mountain Networks, Inc. (Nasdaq:CMTN), the market-share leader in
business Digital Subscriber Line (DSL) equipment, today announced that
as of the end of February 2000, its footprint of CopperEdge(R) DSL
concentrators represented a total port capacity of more than one
million DSL ports.
Copper Mountain is the market leader in total shipments of
business DSL ports, including Symmetric DSL (SDSL) and ISDN DSL
(IDSL), and it also sells G.lite (Asymmetric DSL) line cards that
support consumer DSL services.
"Several factors contributed to the rapid deployment of our DSL
concentrators in 1999," said Rick Gilbert, president and CEO of Copper
Mountain. "While Tier 1 service providers were the early adopters of
business DSL, Tier 2 and Tier 3 providers also began deploying our DSL
solutions nationwide. Sales to the multi-tenant unit (MTU) market also
ramped, and we have begun marketing our products internationally. In
addition to expanding our addressable markets, Copper Mountain also
increased support for in-demand services as Frame Relay, Voice over
DSL, and G.lite consumer DSL."
Multi-Service Capabilities Boost Sales
"Copper Mountain realized early on that the market needed an
intelligent platform that would allow carriers and service providers
to offer multi-service DSL," said Keith Higgins, director of marketing
at Copper Mountain. "During the past year we have added support for
Frame Relay services, virtual private network (VPN) services for
secure corporate communications over DSL, and for Voice over DSL
(VoDSL), which enable carriers to offer converged voice and data
services to subscribers. We also support new network-based IP
services, which are generating a lot of interest."
During the past year, Copper Mountain has emerged as the leading
supplier of DSL concentrators to Competitive Local Exchange Carriers
(CLECs). In 1999, Copper Mountain accounted for $108.1 million, or
42.5 percent, of total business DSL concentrator sales of $254.4
million, according to a report from the Dell'Oro Group (Feb. 2000).
The Dell'Oro report also states that Copper Mountain attained the
number-one position in business DSL ports shipped industry-wide,
accounting for 42.9 percent, or 295,000, of the total 687,900 business
DSL ports shipped in 1999.
"The growth rate of the DSL market is increasing rapidly," said
Beth Gage, senior broadband consultant of TeleChoice. "Copper Mountain
has consistently shown an ability to get to market with a broad range
of DSL solutions and to offer capabilities that service providers need
to address customer requirements. Add to that a large and growing list
of customers, and the company is well situated to maintain a leading
position in the DSL market."
More than 20 customers have deployed Copper Mountain concentrators
in 100-plus metropolitan areas throughout 40 U.S. states and one
Canadian province. Customers include the following companies:
Axessa
BTI Telecom Corp.
DSL.net
Fastwire.com
ICG Communications
InterAccess
Jato Communications
LightNetworks
Lynxus
Maverix.net
McLeodUSA
Mpower Communications
NetINS
NETMCR
Network Telephone
NorthPoint Communications
OnSite Access
Pacific Crest/Universal Access
Rhythms NetConnections
UUNET/WorldCom/MCI
Vanion
Wiznet Inc./WizTel
About Copper Mountain Networks
Copper Mountain Networks, Inc. (Nasdaq:CMTN) develops and markets
a comprehensive family of Digital Subscriber Line (DSL) solutions that
enable high-speed internetworking over existing copper facilities. The
company's mission is to enable carriers and other service providers to
offer a full range of high-performance, cost-effective data and voice
services over DSL that are easy to deploy, use and manage. Copper
Mountain's CopperRocket(R) CPE family addresses the bandwidth,
reliability, ease-of-use and cost concerns of remote offices and
users. Its CopperEdge(R) DSL concentrators, OnPrem(TM) multi-tenant
unit (MTU) concentrators, and CopperView(TM) network management
solutions offer a robust and scalable platform for carriers and
multi-tenant unit service providers to generate a high return on
investment while satisfying the ever-increasing user demand for
bandwidth. Customers wanting more information about Copper Mountain
products can contact Diana Helfrich at 650/687-3314 or visit the
company's World Wide Web site at coppermountain.com. For
investor relations information, call toll free 877/INFO-CMTN
(463-6268) or contact the company at IR@coppermountain.com.
Portions of this release contain forward-looking statements
regarding future events and are subject to risks and uncertainties.
Copper Mountain wishes to caution you that there are some factors that
could cause actual results to differ materially from the results
indicated by such statements. These factors include, but are not
limited to quarterly fluctuations in operating results attributable to
the timing and amount of orders for our products, the concentration of
our revenue in a small number of customers, factors affecting the rate
of DSL deployment by our customers, market acceptance of our products,
our ability to keep pace with rapidly changing product requirements,
and factors affecting the demand for DSL technologies. We refer you to
the documents Copper Mountain files from time to time with the
Securities and Exchange Commission, specifically the section titled
Risk Factors in our Registration Statement on Form S-1 (No.333-73153).
Note to Editors: Copper Mountain and all Copper Mountain product
names are trademarks of Copper Mountain Networks, Inc. All other marks
are the property of their respective owners.
--30--ah/sf* nj/sf
CONTACT: Copper Mountain Networks, Inc., Palo Alto
Diana Helfrich, 650/687-3314
dhelfrich@coppermountain.com
or
Gallagher PR
Lucy Suros, 510/749-6800 ext. 222
lucy@gpr.com
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: NETWORKING COMPUTERS/ELECTRONICS PRODUCT
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