[Concentric]
Alex --
I missed your post earlier and once I saw the news on my newsalert service, I found it. Did you notice they're waiving the installation fees????
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CUPERTINO, Calif., Nov. 14 /PRNewswire/ -- Concentric Network Corporation (Nasdaq: CNCX), a leader in IP network innovation, today announced that it is offering ADSL-based Internet services to customers in certain Silicon Valley and East Bay Communities. This comes in the wake of Pacific Bell's limited commercial offering of DSL services.
ADSL is a new digital service that more cost-effectively allows
businesses, telecommuters and consumers to connect to the Internet or to a company LAN at speeds up to ten times faster than a 28.8 kbps modem while using their regular phone line. To offer DSL service to its customers, Concentric Network has established a connection to Pacific Bell's ATM network.
The trial service is currently available in Burlingame, Los Altos,
Mountain View, Palo Alto, Redwood City, San Jose, Santa Clara, Sunnyvale, Danville and San Ramon. To qualify for the service, the business or home must be within 2-3 miles of a central office and have an ADSL modem.
"Concentric Network believes DSL is a compelling networking technology and we're excited to be the first IP networking company to interconnect with Pacific Bell for this service," said Henry R. Nothhaft, president and CEO of Concentric Network. "We believe that our small- to mid-sized business customers will especially benefit, because now they can have the bandwidth only previously available at a higher cost. We intend to use the experience gained during this trial to build a complete suite of value-added DSL
services."
Concentric believes that DSL technology will dramatically change the price/performance equation for network services. Telecommuters, small offices and mid-sized businesses, will be able to more easily and cost-effectively have "big business" bandwidth through DSL technology. Customers will pay monthly charges from both Pacific Bell and Concentric Network. Concentric's charges are anticipated to range from $95 to $495 a month based on usage.
Installation charges are currently being waived. For more information contact Concentric at 888-493-6232.
About Concentric Network Corporation
A leader in IP network innovation, Concentric Network Corporation provides Wide Area Intranets and Extranets for the enterprise. These high performance, secure, cost-effective and reliable IP-based Virtual Private Network services connect enterprises with their remote sites, mobile users, business partners and customers. For the consumer market, Concentric Network offers a complete line of connectivity and hosting products. The Concentric network architecture is based on "super" points of presence (SuperPOPs), an advanced ATM backbone,
and distributed data centers which enable high functionality, low/fixed latency, high throughput and superior reliability to support a wide range of applications. Traded on Nasdaq under the symbol "CNCX," Concentric Network is headquartered in Cupertino, Calif. For more information, access the company's Web site at concentric.net or contact Katie Greene at 408-342-2885.
This press release contains certain forward-looking statements regarding the Company's DSL technology and services that involve risks and uncertainties. Actual results may vary materially due to a number of factors including, but not limited to, the ability of the Company's DSL services to remain competitive with other technologies or services and the risk that DSL technology fails to gain acceptance in a dynamic market.
NOTE: Concentric Network Corporation and the Concentric logo are
trademarks of Concentric Network Corporation.
SOURCE Concentric Network Corporation
/CONTACT: Neil Torres of Neale-May & Partners, 415-328-5555, ext. 129/
/Company News On-Call: prnewswire.com or fax, 800-758-5804,
ext. 152925/
(CNCX)>>>> |
