Elastic announcement
FREMONT, Calif.--(BUSINESS WIRE)--Feb. 6, 2001--
Elastic Networks Integrates Amplify's IP Service Engine into the Storm
System of Intelligent IP over Ethernet Solutions
Amplify.net, a Silicon Valley startup specializing in broadband
service quality and management solutions, and Elastic Networks Inc.
today announced the full integration of Amplify's IP Service Engine
into Elastic Networks' Storm System family of intelligent, first mile
IP high-speed access solutions.
By internalizing Amplify's traffic shaping capabilities and
gigabit Ethernet interface directly into their BitStorm(TM) IP DSLAM,
Elastic Networks further strengthens their Ethernet end-to-end first
mile solution. The solution allows operators to easily and seamlessly
utilize existing copper plant to bridge metro optical gigabit Ethernet
networks with residential and corporate LANs. The fully integrated
solution is scheduled for general release in the third quarter of
2001.
Elastic Networks' Storm System of intelligent IP over Ethernet
solutions deliver bi-directional bandwidth at speeds up to 6 Mbps and
distances of 21,000 feet over existing copper telephone lines, without
the need for costly loop engineering or binder management. Comprised
of the BitStorm IP DSL Access Multiplexer, Layer 3 IP Switch,
Subscriber Management Gateway/Controller and the BitStorm Server, the
Storm System transforms regular telephone twisted pair wiring into a
high-speed, IP-based Local Area Network, capable of supporting
lifeline voice services as well as voice over IP, secure network-based
VPNs, multicast streaming audio and video, interactive gaming,
enhanced chat rooms, web caching, and localized web hosting for
business, consumer and entertainment services.
Amplify.net's IP Service Engine overcomes the limitations of
priority-based QoS schemes by providing advanced IP-based,
subscriber-oriented quality of service technology developed around
industry standards, capable of guaranteeing the delivery quality of
multiple, simultaneous sessions for voice, video as well as data to
each subscriber, based on pre- or dynamically-defined policy-based
service level agreements (SLAs). Amplify.net's IP Service Engine
provides IP intelligence all the way to the edge of the network in a
distributed network architectural environment.
"By integrating Amplify.net's IP Service Engine, we are providing
a complete solution for our service provider customers, with the most
effective Quality of Service (QoS) technology to deliver
Ethernet-based broadband services to their subscribers," said Guy
Gill, president and CEO for Elastic Networks.
"We are very pleased that Elastic shares our view on the necessity
of per-subscriber, policy-oriented quality of service in delivering
value-added services such as video distribution, video on demand and
voice over IP," said Didier Cop, vice president of marketing for
Amplify.net. "Our solutions enable broadband equipment manufacturers,
such as Elastic, to add advanced functionality to their equipment that
differentiates them from current broadband access products which only
focus on basic Internet Access."
"This is a perfect match between our two companies visions," said
Pauline Alker, president and CEO for Amplify.net. "While Elastic
Networks' EtherLoop(TM) technology extends the reach and facilitates
deployment of high-speed IP services over copper networks,
Amplify.net's IP Service Engine offers QoS capabilities that have been
designed to accommodate the high density of traffic flows and
increasing bandwidth requirements in the access network in a cost
effective way."
About Elastic Networks Inc.
Elastic Networks Inc. (NASDAQ: ELAS) is a leader in innovative,
next-generation last mile IP over Ethernet solutions enabling
telecommunications service providers to easily offer broadband
multimedia applications. By leveraging its technological
differentiation in speed, deployability, and economics, and by
building strategic relationships with distributor, chip manufacturing,
and data networking partners, Elastic Networks continues to increase
the pervasiveness of its innovative technology in markets throughout
the world. The company has offices in Alpharetta, GA, and Hong Kong.
For more information about Elastic Networks and its high-speed
access and subscriber management solutions, visit www.elastic.com,
www.speedupamerica.com, or contact the U.S. headquarters in
Alpharetta, Georgia, directly at (678) 297-3100. For investor
information, e-mail Elastic Networks at irinfo@elastic.com, or call
(678) 297-3100.
About Amplify.net, Inc. (http://www.amplifynet.com/)
Amplify.net is a broadband service quality and management
solutions company that offers advanced bandwidth management and IP
quality of service technologies and subscriber service management
systems for DSL, cable and wireless networks. Amplify.net's technology
boosts the revenue and profitability of service providers, enabling
them to deliver and guarantee "last mile" quality of value-added IP
services such as Voice over IP, Video and Audio on Demand and
data-rich streaming content. Amplify.net licenses its technology to
broadband equipment manufacturers as an "open system" IP Service
Engine that provides the foundation for next generation products, and
offers complete stand-alone systems to broadband service providers.
The company has offices in Fremont, CA, and Hong Kong.
For more information about Amplify.net, www.amplifynet.com, or
contact Amplify.net's U.S. headquarters in Fremont, CA, directly at
(510) 656-1680.
Elastic Networks forward-looking statements
Certain statements contained in this release are forward-looking
statements (rather than historical facts) that are subject to risks
and uncertainties that could cause actual results to differ materially
from those described. With respect to such forward-looking statements,
the Company seeks the protections afforded by the Private Securities
Litigation Reform Act of 1995. These risks include, without
limitation, (1) that the Company may fail to be competitive with
existing and new competitors, (2) that the Company may not maintain or
grow its level of revenues, given its currently limited customer base,
(3) that the Company's limited number of product offerings may fail to
achieve widespread market acceptance, (4) that negative changes in
customer demands and requirements regarding our prices, technology and
products may occur, (5) that DSL technology may fail to achieve
widespread market penetration, (6) that interruptions or disruptions
in our product shipments and/or our various arrangements with our
distributors, manufacturers or resellers may negatively impact our
ability to make sales and/or minimize our costs, (7) that the Company
may not adequately respond to technological and regulatory
developments impacting the telecommunications industry, (8) that
needed financing may not be available to the Company if and as needed,
(9) that a decline in the size and potential growth of the MTU,
carrier and international markets for our technology may occur, (10)
that a significant reversal in the trend toward increased usage of the
Internet may occur, (11) that a drastic, negative change in the U.S.
economy or market conditions may occur, and (12) that some other
unforeseen difficulties may occur from time to time. This list is
intended to identify certain of the principal factors that could cause
actual results to differ materially from those described in the
forward-looking statements included elsewhere herein. These factors
are not intended to represent a complete list of all risks and
uncertainties inherent in the Company's business, and should be read
in conjunction with the more detailed cautionary statements included
elsewhere in the Company's most recent filings with the SEC.
--30--ak/at*
CONTACT: For Amplify.net, Inc.
Neale-May and Partners
Nicholas Walsh, 650/328-5555 ext. 120 |
