Jim,
I am having trouble interpreting this announcement and how it does or does not fit into the Amati puzzle. What do you think of it? -Eric
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ECI Telecom and Dassault A.T. selected by France Telecom as sole supplier of pair gain systems
PETAH TIKVA, ISRAEL--(BUSINESS WIRE)--May 20, 1997--ECI Telecom Ltd. (NASDAQ/NM:SYMBOL - news) in cooperation with Dassault Automatismes & Telecommunications have been chosen by France Telecom as sole supplier of Access Network pair gain systems.
ECI Telecom estimates that the framework agreement, awarded for an initial period of three years, could reach US $28 million, and the company has already received US $5 million in orders from France Telecom as part of this contract. Under the terms of the agreement, ECI Telecom and Dassault A.T. will supply ECI Telecom's Access Network pair gain systems; PCM2 and PCM11, specially adapted to conform to France Telecom's network interfaces. The systems will be used to expand and renew France Telecom's existing telecommunications infrastructure, enabling rapid deployment of increasing numbers of subscribers.
ECI Telecom and Dassault A.T. are concurrently designing additional options to be integrated into the pair gain systems, such as line testing capabilities, which will be available in the near future to France Telecom.
Mr. Uri Kashti, ECI Telecom's Corporate Vice President and General Manager, Access Network Products, said: ``We are very proud to add France Telecom to our growing list of distinguished customers for Access Network pair gain systems. Following the recently announced framework agreements of major supplier status with BT, Belgacom, and Deutsche Telecom, ECI emerges as the major supplier of Access Network pair gain systems (PCM2, PCM4, PCM11), in Western Europe. ECI Telecom's Access Network Business Unit looks forward to further cooperation and working together on development of products, with Dassault A.T., and to future success with France Telecom''.
Mr. Daniel Delpey, Dassault A.T.'s Telecommunications Division General Manager added: ``Dassault A.T.'s partnership with ECI Telecom provided the ground work for a close technical cooperation that made it possible to adapt the equipment to France Telecom's specifications in a quick and efficient manner. Further levels of cooperation with our new partner ECI Telecom can be foreseen, especially in the field of Access Networks.''
ECI Telecom is one of the international market leaders in the field of pair gain and
High-bitrate Digital Subscriber line (HDSL) equipment. ECI's pair gain equipment uses HDSL technology to convert copper pair subscriber lines into digital pipes capable of transmitting digital information at high speed and enabling service providers to exploit the local loop by multiplying the subscriber capacity by 2, 4, and 11 respectively.
About ECI Telecom:
A provider of integrated network solutions, ECI TELECOM designs, develops, manufactures and markets digital telecommunications and data transmission systems, enabling network operators to deliver cost-effective services. ECI TELECOM's systems provide capacity expansion, flexibility and management functions to more effectively utilize existing networks for voice, data, wide area and integrated networks.
About Dassault A. T.:
Dassault Automatismes et Telecommunications has been active in the telecommunications market for over 20 years and has accumulated substantial experience in the design and installation of telecommunications systems and products for public networks. Dassault A.T. products are mainly dedicated to subscriber Access Networks: various equipment for Wired Access including fiber optic networks, payphones, frame relay (ACT) and a large scope of systems devoted to Quality Service Automatic Testing. Dassault A.T. is also very active in the field of Wireless Access, thanks to its mobile radio communications networks and Radio
Local Loop systems.
This press release and additional information about the Company, is now available on ECI TELECOM's site on the World Wide Web: ecitele.com.
Certain statements contained in this release may contain forward-looking information with respect to plans, projections or future performance of the Company, the occurrence of which involves certain risks and uncertainties, including, but not limited to, product and market acceptance risks, the impact of competitive pricing, product development, commercialization and technological difficulties and other risks detailed in the Company's filings with the Securities and Exchange Commission. |
