Advanced Fibre Communications Signs New Agreement With SBC Communications
AFC to Provide SBC With DSL-Ready Remote Access Solutions
PETALUMA, Calif., Oct. 26 /PRNewswire/ -- Advanced Fibre Communications®, Inc. (AFC®) (Nasdaq: AFCI - news) today announced it has signed a new agreement with SBC Communications Inc. (NYSE: SBC - news), a global communications provider, to deploy AFC's industry-leading, remote broadband access solutions. The agreement continues AFC's relationship as one of the suppliers for SBC's $6 billion Project Pronto initiative.
Under the terms of this agreement, which extends through April 2004, AFC will provide SBC with DSL-ready remote access equipment. SBC is the nation's leading provider of DSL service. The agreement also includes deployment of AFC's services to states in SBC's Ameritech region such as Illinois, Michigan, Ohio, and Wisconsin, adding to existing services provided to SBC in Arkansas, California, Connecticut, Kansas, Missouri, Nevada, Oklahoma and Texas.
``Our entire organization has been committed to SBC's vision of near-ubiquitous DSL service to its customers across America,'' commented John Schofield, president and CEO for AFC. ``SBC's next-generation network is highly sophisticated, and will require remote access equipment that is equally as sophisticated yet easily manageable, scalable and cost effective.''
AFC will provide SBC with its DMAX1120(TM) and EMAXplus(TM) multi-service access platforms, as well as AFC's environmentally hardened 240D and 672D outside plant cabinets. AFC's DMAX1120 and EMAXplus systems will allow SBC to quickly and cost-effectively modernize existing infrastructure and narrowband digital loop carriers (DLCs) throughout its outside plant network, providing a full suite of narrowband, broadband and wideband services which can be fed over fiber or copper transmissions.
This announcement does not alter the projections AFC made during its public conference call held on Tuesday, October 24, 2000. Such call can be replayed by dialing 888-203-1112 and entering passcode 611991 through October 31, 2000, or by accessing AFC's website at www.afc.com.
About AFC
Advanced Fibre Communications, Inc. (AFC) designs and manufactures worldwide broadband access solutions for the last mile. AFC's OmniMAX(TM) is a global product family consisting of industry-leading multi-service access platforms with integrated optics and intelligent customer premises equipment. AFC's OmniMAX products can quickly and cost-effectively upgrade legacy networks, ubiquitously delivering narrowband, wideband and broadband services to all subscribers regardless of their geographic location from their carrier's central office.
AFC's OmniMAX product portfolio consists of: AccessMAX(TM), a variety of broadband multi-service access platforms that provide local loop voice, data and broadband solutions; PremMAX(TM), a series of integrated access devices (IADs) that provide integrated voice and data at the customer premises; and TransMAX(TM), a Sonet/SDH optical transport system for metro ring solutions. AFC is also a leading designer and manufacturer of environmentally hardened outside plant cabinets and technology, ranging from 48 to 2,048 lines, as well as indoor cabinets ranging from 48 to 480 lines.
AFC is a corporate member of NMSDC (National Minority Supplier Development Council), a member of TIG (Telecommunications Industry Group) and a participant in the Northern California Supplier Development Council.
Except for historical information contained in this press release, the foregoing contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those indicated by such forward-looking statements based on a variety of risks and uncertainties, including the risks and uncertainties relating to actual quantities and timing of any orders received under the contract and the successful development and market acceptance of AFC's new products. Information about potential factors that could affect AFC's financial results is included in AFC's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which have been filed with the Securities and Exchange Commission.
NOTE: AFC, the AFC logo, and the UMC1000 are registered trademarks of AFC. ADSL x+y, EMAX, EMAXplus, DMAX, PremMAX, OmniMAX, TransMAX, and AccessMAX are trademarks of AFC. All other products or service names mentioned herein are the property of their respective owners.
SOURCE: Advanced Fibre Communications |
