Wednesday December 6, 6:33 am Eastern Time
Press Release
NHC Communications Negotiating Contract With Major ILEC
MONTREAL--(BUSINESS WIRE)--Dec. 6, 2000--NHC Communications Inc. (TSE: NHC - news) today announced that it has received confirmation from a major incumbent local exchange carrier (ILEC) that, after proper evaluation, it has been awarded the bid as a result of a request for proposal for its ControlPoint(TM) remote controlled cross-connect solution.
NHC currently is in negotiations with the major ILEC to conclude an agreement for the provision of an undisclosed number of ControlPoint units to facilitate the deployment, provisioning and maintenance of copper based voice and data lines. Negotiations for the conclusion of contractual agreement are in their final stage.
Under the proposed terms of the agreement, the ILEC would use NHC's ControlPoint to fully automate and remotely manage the physical layer of voice and data cross-connections, such as POTS, T-1/E-1, ISDN and DSL. This will allow the ILEC to streamline its central office and collocation operations and increase the efficiency of service to its customers.
About NHC
NHC Communications Inc. (www.nhc.com) headquartered in Montreal and with offices in Manassas, Va., and Paris, is an international leader in the design and manufacture of innovative physical layer high-speed switched access solutions for established and next-generation voice and data networks. With a unique range of technologies developed from years of experience, NHC now is at the heart of today's corporate enterprise service market and the telecommunications industry.
Statements included here, which are not historical in nature, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including without limitation, statements as to managements' beliefs, strategies, plans, expectations or opinions in connection with the Company's performance, which are based on a number of assumptions concerning future conditions that may ultimately prove to be inaccurate. In addition, other forward-looking statements that may be included here must be qualified by important factors that could cause actual results to differ materially from those achieved in the past or those expected by the Company. These include: rapid technological change along with the need to continually develop new products; the Company's dependence on a dominant product line; competition; the Company's dependence on key employees; difficulties in managing the Company's growth; the Company's dependence upon certain customers and certain suppliers; the Company's dependence upon proprietary rights; risks of third party claims of infringement; and government regulation.
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