I'm a lurker here with my first post, actually my first post on SI. I've been with DGIV since $3 and bought in at $5 5/8 and again at $6 3/16. Thanks to all who contribute to this thread. Looking forward to great future returns on DGIV.
Here's some news that I found when researching BAY. I don't quite know the relationship between OzEmail, Netro, and DGIV, but if its any at all relevant here, here it is...
To higher days ahead,
Charles
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Thursday May 28, 6:30 am Eastern Time
Company Press Release
SOURCE: OzEmail Limited
OzEmail Interline and Bay Networks Announce Internet
Telephony Partnership
SYDNEY, Australia, May 28 /PRNewswire/ -- OzEmail Limited (Nasdaq: OZEMY - news), the leading provider
of comprehensive Internet services in Australasia, today announced it has signed a Memorandum of Understanding
with Bay Networks (NYSE: BAY - news) to collaborate on the integration and promotion of their respective
Internet telephony technology, services and capabilities.
''Together we intend to provide Bay Networks' customers around the globe with the option of carrying voice calls
using Internet technology,'' said OzEmail Chief Executive Officer Sean Howard. ''OzEmail Interline will provide
call routing, termination, authentication and settlement services supporting Bay Networks' customers in establishing
Voice-over-IP (VoIP) services as part of their business.''
OzEmail Interline is pursuing a strategy of partnership with hardware suppliers, ISPs and telecommunications
providers around the world to expand its VoIP network. The deployment of voice-enabled Bay Networks
equipment will form a significant backbone for transporting the increasing Internet telephony traffic being generated
by affiliate members of the OzEmail Interline consortium, and facilitate the entry of new providers into the Internet
telephony market.
''Based on this agreement, Bay Networks and OzEmail Interline will be able to draw on each other's resources
and expertise to develop voice-over-IP solutions which will provide the greatest possible coverage of IP-based
telephony services to subscribers,'' said Paul Finke, Vice President and General Manager, IP Services, Bay
Networks Inc. ''By expanding the coverage for voice-over-IP we can increase the economy of scale, resulting in
an even more cost-effective service to subscribers.''
About Bay Networks
Bay Networks - Where Information Flows(TM). Bay Networks, Inc. (NYSE: BAY - news) is a leader in the
worldwide networking market, providing a complete line of products that serve corporate enterprises, service
providers and telecommunications carriers. The company offers frame and ATM switches, routers, shared media,
remote and Internet access solutions, IP services and network management applications, all integrated by Bay
Networks' Adaptive Networking strategy. With headquarters in Santa Clara, California, Bay Networks markets its
products and services around the world, providing 7x24 support coverage.
About OzEmail Interline
OzEmail's Internet telephony business -- Interline -- is a partnership between OzEmail Ltd (88%) and Ideata Pty
Ltd (12%), an Australian manufacturer of telecommunications equipment. Interline has developed and is operating
technology that allows the placement, routing and billing of high quality voice services over the internet, using
existing tone dial phones. Users need no special equipment, allowing individuals and corporations to place calls
from their own IP infrastructures or telephones providing significant cost savings on long distance and international
telephony. Interline recently announced that it has signed affiliates in The Netherlands, The People's Republic of
China and South Africa. They join affiliates operating in the USA, the UK, New Zealand, Hong Kong, Korea,
Japan and Australia.
About OzEmail Limited
OzEmail is the leading provider of comprehensive Internet services in Australia. The Company's Internet services
are designed to meet the different needs of its residential and enterprise customers ranging from low cost dial up to
high performance, continuous access services integrating the Company's ISDN offering and consulting expertise.
Certain statements made herein that are not historical are forward-looking within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements may differ materially from actual future events or
results. The future performance of the Company involves risks and uncertainties that could cause actual results to
differ markedly from those anticipated by such forward-looking statements. Such risks include but are not limited
to the following: a limited operating history for the Company; potential fluctuations in operating results; competition;
pricing pressure; dependence on third-party suppliers of hardware and software; shortage of modems; dependence
on telecommunications carriers; management of growth; limited market; a need for and risks of international
expansion; the existence of a new and uncertain market; customer retention issues; rapid technological change;
security risks; the risk of system failure; formal licensing and joint marketing agreements; patents and proprietary
rights; infringement claims; changes in government regulation; risks associated with providing content including
potential liability; dependence on key personnel and need to hire additional qualified personnel; uncertainty of
currency exchange rates; need for additional capital; enforceability of civil liabilities; antitakeover impact of
Australian foreign investment restrictions; control of the Company by the Board of Directors; and possible volatility
of ADS price. For a more complete description of certain of such risks and uncertainties, we refer you to the
documents that the Company has filed from time to time with the Securities and Exchange Commission including its
registration statement on Form 10-K dated May 15, 1998, and its 10-Qs for the first quarter 1998 dated May 21,
1998.
SOURCE: OzEmail Limited |
