Peppe --
ATM statistics from recent financial reports:
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Recent FY and Q results:
WAN ATM revenue in the fourth quarter of fiscal 1998 - led by the Company's flagship platform and the industry's best selling ATM system, the MainStreetXpressT 36170 Multiservices Switch ----- was more than double the level achieved in the previous year's fourth quarter. WAN packet revenue for fiscal 1998 was approximately 70 percent higher than in fiscal 1997.
Q3:
Revenue for the Company's ATM products achieved record levels again in the third quarter of fiscal 1998 - the ninth consecutive record quarter for ATM revenue. ATM wide area network (WAN) revenue was more than double the level achieved a year ago; the principal contributor to this performance was the MainStreetXpress 36170 Multiservices Switch, for which revenue increased by more than 150 percent year over year.
Order intake for ATM equipment, driven principally by the MainStreetXpress 36170 product, increased by more than 80 percent compared with the corresponding quarter last year. Orders for the MainStreetXpress 36170 multiservices platform increased by approximately 125 percent compared with the corresponding quarter last year.
Q2:
The strong performance in WAN packet business was driven by the industry's flagship ATM system, the MainStreetXpressT 36170 Multiservices Switch, which also achieved record order intake, revenue and backlog again this quarter. Both order intake and revenue for this product increased approximately 50% sequentially. Orders received for the MainStreetXpress 36170 switch were almost six times the level achieved in the second quarter of fiscal 1997, while revenue was more than five times the second quarter fiscal 1997 level.
There were 80 customers for the MainStreetXpress 36170 switch in the second quarter alone, including 24 new customers. The product has now been sold to more than 130 customers, including many of the largest service providers throughout the world.
Q1:
The strong showing in WAN packet business was driven principally by the industry's flagship ATM system, the MainStreetXpress 36170 Multiservices Switch, which also achieved record revenue, order intake and backlog again this quarter. Both revenue and order intake for this product increased approximately 40% sequentially and were more than triple the revenue and order intake levels in the first quarter of fiscal 1997. There were more than 60 customers for the MainStreetXpress 36170 switch in the first quarter of fiscal 1998 alone, including 12 new customers. The product has now been sold to more than 120 customers throughout the world comprising many of the world's largest service providers.
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