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Technology Stocks : Elastic Networks: ELAS (Nasdaq) ELAS

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To: teevee who wrote (69)10/13/2000 12:47:24 AM
From: russet  Read Replies (1) of 173
 
NHC Communications Inc NHC
Shares issued 12,910,659 Oct 11 close $15.45
Thu 12 Oct 2000 News Release
Mr. Sylvain Abitbol reports
Easynet France, a member of the Easynet Group, is using NHC's virtual cross
connect system and has unbundled France's first digital subscriber line
(DSL) copper loop with the NHC solution.
NHC's VCCS is the only any-to-any cross connect capable of remotely
performing four key requirements at the incumbent local exchange carrier
(ILEC) central office and the competitive local exchange carrier
co-location: loop qualification, provisioning, fallback switching and
service migration.
"NHC's VCCS allowed us to quickly and efficiently provision our first DSL
circuit. It is really nice to see how effortless provisioning will be using
this system," said Hervé Le Roy, telecom project manager at Easynet France.
The European DSL market is growing steadily as Europe's regulatory bodies
allow competitive carriers to provide DSL broadband Internet services
through the unbundling of existing copper loops. As this trend continues,
CLECs and other DSL service providers will be able to offer broadband
Internet access to meet growing customer demand for high-speed Internet
access. By July, 2001, it is expected that Europe will enjoy the
fastest-growing DSL marketplace in the world.
"This relationship with Easynet further established NHC's position in the
European marketplace," said Sylvain Abitbol, president and chief executive
officer of NHC. "NHC has been involved at the early stages of DSL
technology development in Europe, through its wholly owned subsidiary NHC
Europe, established in Paris, France, in 1997."
Competition among local carriers and local loop unbundling already exists
in Austria, Denmark, Finland and Germany. Similar plans are being
implemented in France, the United Kingdom, Italy, the Netherlands and
Sweden by January, 2001, and by July, 2001, Ireland is expected to complete
this process.
"Easynet is co-located in a rack environment in France Telecom's Turbigo
central office along with other well-known European CLECS," said Peter
Benisti vice-president of worldwide sales for NHC Communications. "It is a
privilege to be part of the unbundling of France's first copper loop for
DSL service."
NHC's relationship with Easynet follows a recent agreement with UUNET
Italia, a global leader in Internet communications, for the provision of
NHC's VCCS solution to aid in the deployment of high-speed Internet access
to its customers throughout Italy.
As part of its European marketing activities NHC will be participating in
the first DSLcon conference in Europe from Oct. 30 to Nov. 2 in
Coppenhagen.
WARNING: The company relies on litigation protection for "forward-looking"
statements.
(c) Copyright 2000 Canjex Publishing Ltd. stockwatch.com
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