Siemens Announces Contract Between Efficient Networks and Bell
Canada;
Efficient Networks Earns Approved Vendor Status
DALLAS, Feb. 5 /PRNewswire/ -- Efficient Networks Inc., a subsidiary of Siemens Corp., today announced the signing of an agreement with Bell Canada -- Canada's leader in the Internet world -- that designates Efficient as an approved vendor. Bell Canada has one of the largest DSL 'footprints' among telcos in North America.
Under terms of the contract, Efficient Networks will provide the SpeedStream(R) Ethernet DSL modem for Bell Canada's residential Sympatico High Speed Edition Internet service. This modem is powerful, versatile and supports simple plug-and-play installation.
"Bell Sympatico is the leading Internet service provider in Canada, and with Efficient Networks' superior product quality and global reputation we will continue to offer customers a reliable connection to our high-speed Internet service," explained Tony Scandella, Bell Canada's DSL technology development director.
"As Bell Sympatico High Speed Service continues to expand into the Canadian residential market, we look forward to meeting Bell Canada's ongoing broadband requirements," said James Hamilton, president of Efficient Networks. "Our strategic partnership with the company reaffirms Efficient's commitment to meeting the evolving needs of this growing marketplace."
About Bell Canada
Bell Canada, Canada's national leader for communications in the Internet world, provides connectivity to residential and business customers through wired and wireless voice and data communications, high speed and wireless Internet access, IP-broadband services, e-business solutions, local and long distance phone and directory services. Bell Canada is owned by BCE Inc. (NYSE: BCE) of Montreal (80%) and by SBC Communications Inc. (NYSE: SBC) of San Antonio, Texas (20%).
About Efficient Networks
Efficient Networks Inc. is a leading global provider of broadband Internet access products that employ digital subscriber line (DSL) technology. The company's voice and data access solutions enable high-performance network services for both small to mid-sized businesses and consumers. As part of its complete broadband solution, Efficient Networks also provides network management systems that extend from the core of carriers' networks to the subscribers' desktops. Efficient Networks works closely with network equipment vendors, incumbent and competitive carriers, and Internet service providers around the world. The company's goal is to accelerate the adoption of broadband networks and services. Efficient Networks is based in Dallas, Texas. For more information, visit www.efficient.com .
About Siemens
Siemens Information and Communication Networks Inc. (ICN) is a leading provider of integrated voice and data networks and solutions for enterprises, carriers and service providers. Based in Boca Raton, Fla., Siemens ICN's subsidiaries include Siemens Carrier Networks LLC, Siemens Enterprise Networks LLC and Optisphere Networks Inc. Complementing these businesses is Unisphere Networks Inc., a Siemens affiliate that is a leading provider of IP infrastructure products to enable broadband data and voice services. For more information, visit www.icn.siemens.com .
Siemens AG (NYSE: SI), headquartered in Munich, is a leading global electronics and engineering company. It employs some 450,000 people in 193 countries, and reported worldwide sales of more than $74 billion in fiscal 2001 (10/1/00 - 9/30/01). The United States is Siemens' largest market, with nearly 80,000 employees and sales of $18.9 billion for fiscal 2001. For more information about Siemens in the U.S., go to www.usa.siemens.com .
Forward-Looking Statements:
This release contains forward-looking statements based on beliefs of Siemens' management. The words "anticipate," "believe," "estimate," "forecast," "expect," "intend," "plan," "should," and "project" are used to identify forward-looking statements. Such statements reflect the company's current views with respect to future events and are subject to risks and uncertainties. Many factors could cause the actual results to be materially different, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. Actual results may vary materially from those projected here. Siemens does not intend or assume any obligation to update these forward-looking statements.
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SOURCE Siemens Information and Communication Networks Inc.
-0- 02/05/2002
/CONTACT: media relations, Ontario, Andrew Cole, +1-888-482-0809, or +1-416-581-3311, or andrew.cole@bell.ca , or Quebec, France Poulin, +1-877-391-2007, or +1-514-391-2007, or France.poulin@bell.ca , both of Bell Canada; or Scott L. Bender of Siemens Information and Communication Networks Inc., +1-972-852-1000, or scott.bender@icn.siemens.com /
/Company News On-Call: prnewswire.com /
/Web site: icn.siemens.com
usa.siemens.com
efficient.com /
(SI BCE SBC)
CO: Siemens Information and Communication Networks Inc.; Bell Canada; Siemens
AG; Siemens Corp.; Efficient Networks Inc.; BCE Inc.; SBC Communications
Inc. ST: Texas, Germany, Canada, Florida IN: CPR MLM TLS SU: CON |
