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Technology Stocks : Lucent Technologies (LU)
LU 2.545-0.6%Dec 3 3:59 PM EST

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To: MRE who started this subject10/1/2002 9:59:35 AM
From: David Hansen   of 21876
 
Conversent Communications Selects Lucent Technologies to Help Expand Multi-service Network Throughout Northeast
Tuesday October 1, 7:49 am ET

MARLBOROUGH, Mass. and MURRAY HILL, N.J., Oct. 1 /PRNewswire-FirstCall/ -- Conversent Communications, an integrated communications provider, today announced it has signed an agreement valued at up to $35 million with Lucent Technologies (NYSE: LU - News) to expand its multi-service network throughout the Northeast.
Under the three-year agreement, Conversent will employ a broad portfolio of Lucent products and services that will enhance and expand the company's state-of-the-art facilities-based network. Conversent currently provides advanced voice, data, video and high-speed Internet services to more than 30,000 business customers from Maine to New Jersey.

"The fact that we are expanding our network underscores our commitment to customer satisfaction through superior service," said Robert Shanahan, president and CEO of Conversent. "This investment provides Conversent with the technology to further develop our network, allowing us to continue offering customers the most reliable, innovative and cost effective products and services."

"This agreement with Conversent accentuates the sheer depth and breadth of the Lucent product portfolio," said Gerry Cafaro, sales vice president for Lucent Technologies. "We are pleased to be able to provide the full range of our products to help further expand Conversent's network throughout the Northeast."

At the heart of Conversent's network is the Lucent 5ESS® Switch, which routes any type of call over any type of network, including local, long-distance, international and wireless networks. The AnyMedia® Access System and Stinger® DSL Platforms also provide Conversent with the opportunity to provide its customers with video, voice and Internet services.

Lucent's solution from the core to the edge of the Conversent network includes:

-- 5ESS(R) Switch -- one of the most reliable and versatile switches in
the industry.

-- AnyMedia(R) Access System -- will enable Conversent to expand the
reach of its basic voice service network and frame relay service.

-- Stinger(R) DSL Access Concentrator -- a carrier-class DSL access
concentrator platform that will provide Conversent customers the
highest quality of voice over DSL along with high-speed data,
Internet and video services over one copper connection.

-- The Metropolis(R) DMX Access Multiplexer -- an integrated
SONET/Ethernet metro access multiplexer that will enable Conversent to
cost-effectively meet its current metro-area access needs while
providing a solid foundation for future bandwidth and service growth

-- The PacketStar(R) (PSAX) Multiservice Media Gateways -- already widely
deployed in the Conversent network, PSAX aggregates voice and data
traffic and will deliver a wider range of frame-relay, IP and ATM
services to end users.

-- Lucent Navis(TM) Network Operations Software -- a centralized software
solution that provisions, controls and monitors Conversent's DSL
network.

About Conversent Communications

Conversent Communications was co-founded in 1998 by cable entrepreneur Robert Fanch and Conversent's president and CEO, Robert Shanahan. A facilities-based communications provider with six Class 5 telephone switches and 80 Data switches and more than 2000 miles of fiber optic network, Conversent designs and delivers bundled telecommunications and broadband services that meet the specific needs of individual businesses from small neighborhood companies to enterprise customers. The company provides its customers with a broad portfolio of voice, data and Internet services, including Web hosting and collocation, broadband, and virtual private network services. Conversent is committed to providing the highest level of customer service and the right communications solution to all its clients, with a focus on improving business productivity, performance, and managing cost. More information is available at conversent.com.

About Lucent Technologies

Lucent Technologies, headquartered in Murray Hill, N.J., USA, designs and delivers networks for the world's largest communications service providers. Backed by Bell Labs research and development, Lucent relies on its strengths in mobility, optical, data and voice networking technologies as well as software and services to develop next-generation networks. The company's systems, services and software are designed to help customers quickly deploy and better manage their networks and create new, revenue-generating services that help businesses and consumers. For more information on Lucent Technologies, visit its Web site at lucent.com .
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