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Technology Stocks : Extreme Networks, Inc. (EXTR)
EXTR 17.52-0.7%3:59 PM EST

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To: Dave who wrote (548)2/12/2001 1:31:53 PM
From: A.L. Reagan  Read Replies (1) of 770
 
Ericsson and Extreme Networks Extend Ethernet Into Residential Market
PR Newswire - February 12, 2001 07:31

Leading Swedish Telco Skanova Provides Swedish Homes With Broadband Access for TV Broadcasting, Video and Internet Access

SANTA CLARA, Calif., Feb. 12 /PRNewswire/ -- Residents in Sweden will gain broadband Internet access through one of the world's first Ethernet network build outs. Extreme Networks (Nasdaq: EXTR) and Ericsson have been tapped by Skanova, a Swedish independent wholesale network provider within the Telia group, to provide a Gigabit Ethernet and IP switching foundation for the first global Ethernet infrastructure for homes in Sweden. Residents within the Telia Ethernet network will realize a broad portfolio of broadband access for TV broadcasting, video and Internet applications.

Ericsson, the world's leading communications supplier, will integrate Extreme Networks' award-winning IP Ethernet switch routers into its solutions for the Sweden-based residential Ethernet deployment. Extreme Networks has been a major Ethernet network solution supplier of choice for Ericsson for more than two years as it continues to expand its international telecom systems business.

"Extreme Networks enables us to build the world's communications systems," said Joran Hoff, President and CEO of Ericsson Business Innovation. "With Extreme Networks' leading IP Ethernet network solutions we are able to successfully serve Skanova and other leading telcos around the world and continue to advance the way people and businesses communicate."

The Skanova-based IP infrastructure deployment marks Extreme Network's second major breakthrough announcement specifically focused on extending Ethernet into markets where Ethernet has never before existed. Earlier this month, Extreme completed its acquisition of Optranet for extending Ethernet over WAN interfaces for the last mile as well as in-building Ethernet over voice grade cabling.

"Extreme Networks has built a strong business on the vision that Ethernet will be everywhere -- providing the efficient and dynamic exchange of information that businesses and homes will require," said Gordon Stitt, CEO, Extreme Networks. "Our Ethernet Everywhere strategy and our unparalleled technology development have enabled enterprise corporations, telcos, ISPs and service providers to expand, to better compete and to fulfill increasing customer demand. We recently announced the only first-mile Ethernet solution to enable small businesses to go broadband. And now, the residential market will reap the same benefits."

The new Extreme Networks modules offer telcos and large enterprises an advanced Ethernet Service Provisioning platform for Ethernet over multiple transport systems. This helps address today's problem of slow performing and costly legacy technologies that are the hurdle to providing users with fast, direct access.

"Ethernet based access will be an important part of our broadband access network," said Ove Alm, Vice President of Skanova, an independent wholesale network provider within the Telia group. "Ericsson's and Extreme Network's products target precisely this market and will provide us with the capabilities to offer our customers the best service on the market."

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