August 07, 2000 08:17
NorthPoint Canada Designates Efficient as CPE Provider Efficient Equipment to Facilitate NorthPoint Canada's Rapid Deployment Of DSL Service to Canadian Data and Internet Service Providers, Including Sprint Canada
DALLAS, Aug. 7 /PRNewswire/ -- Efficient Networks, Inc. (Nasdaq: EFNT), a leading worldwide provider of digital subscriber line (DSL) customer premises equipment (CPE) for the broadband access market, today announced its selection as a CPE provider for NorthPoint Canada, a Canadian broadband services company and the joint venture of NorthPoint Communications (Nasdaq: NPNT) and Call-Net Enterprises Inc. (Nasdaq: CNEBF).
"NorthPoint Canada is uniquely positioned to meet Canada's need for rapid deployment of DSL service throughout the country," said James Hamilton, executive vice president of sales and marketing for Efficient. "We are pleased to provide our superior DSL equipment to complement NorthPoint Canada's exceptional technology and expertise and to facilitate the widespread expansion of DSL into Canada."
NorthPoint Canada (www.northpointcanada.net) launched its high-speed DSL service in Toronto and markets its services to data and Internet Service Providers such as Sprint Canada Inc., Call-Net's wholly owned subsidiary. NorthPoint Canada is currently offering high-performance business-class symmetric DSL (SDSL) services to small and medium businesses at speeds up to 25 times faster than traditional dial-up modems, and plans to begin rolling out its ADSL platform before year-end. The new company leverages Call-Net's established Canadian network and strong base of business customers as well as NorthPoint's experience as one of the leading companies to pioneer the delivery of broadband services in the United States.
"We expect our DSL services to grow rapidly in Canada by the first quarter of 2001," said Jim Grainger, general manager of NorthPoint Canada. "The presence of industry-leading Efficient Networks and its solid, cost-effective customer premises equipment in Canada will strengthen our ability to bring DSL to the countless Internet users who have eagerly anticipated the arrival of our reliable, high-speed broadband service."
About Efficient Networks
Efficient Networks, Inc. is a leading worldwide provider of broadband access products that employ digital subscriber line (DSL) technology. The company's SpeedStream(R) family of DSL solutions provides high-performance remote access for small and medium businesses, branch offices, telecommuters, and consumers. Working globally with central office vendors, incumbent local exchange carriers, competitive local exchange carriers, international carriers and Internet service providers, Efficient's solutions enable next generation broadband applications. Efficient Networks is based in Dallas, Texas, with additional facilities in Asia and Europe. For more information, visit www.efficient.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release, which are not historical facts, may be deemed to contain forward-looking statements. Such statements are indicated by words or phrases such as "anticipate," "estimate," "projects," "believes," "intends," "expects" and similar words and phrases. Actual results may differ materially from those expressed or implied in any forward-looking statement as a result of certain risks and uncertainties, including, without limitation, the company's dependence on strategic third parties to market and resell its services, intense competition for the company's service offerings, dependence on growth in demand for DSL-based services, ability to raise additional capital and other risks and uncertainties detailed in the company's Securities and Exchange Commission filings. Prospective investors are cautioned not to place undue reliance on such forward-looking statements. The Company disclaims any obligation to update any of the forward-looking statements contained herein to reflect future events or developments.
SOURCE Efficient Networks, Inc.
/CONTACT: Scott Bender of Efficient Networks, Inc., 972-852-1000, or sbender@efficient.com/
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