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Technology Stocks : Orckit (ORCT)

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To: shlomi cohen who wrote (1232)	6/5/1998 9:17:00 AM
From: savolainen	Read Replies (1) of 1998

[hdsl deployment] hi shlomi thanks for the heads up... sounds like it might be dt... as last cc refered to an hdsl dt tender... wonder who the partner is? --- Friday June 5, 8:23 am Eastern Time Company Press Release SOURCE: Orckit Communications Ltd. Orckit DSL Products Selected for Multi-year Deployment in Europe TEL AVIV, Israel, June 5 /PRNewswire/ -- Orckit Communications Ltd. (Nasdaq: ORCTF - news) announced today that it was selected, together with a partner, by a major European telecom operator to supply High bit rate Digital Subscriber Line products. Orckit will supply its CopperTrunk(TM) HDSL equipment for broad deployment beginning in late 1998. Under the terms of the framework agreement, the customer will purchase minimum quantities equal to approximately $20 million over a period of two years. Digital Subscriber Line is a technology that enables high speed data transmission on regular copper telephone wires. biz.yahoo.com s

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