AFCI is one which recently had a nice RUN from $6.15 on Sept 3rd to $10. AFCI backed off but here is a nice announcement, I expect AFCI may take off again...
Thursday October 1, 8:02 am Eastern Time
Company Press Release
SOURCE: Advanced Fibre Communications, Inc.
Advanced Fibre Communications
Expands National Distribution
Channels Through One-Year Supply Agreement With
ALLTEL
PETALUMA, Calif., Oct. 1 /PRNewswire/ -- Advanced Fibre Communications(R), Inc. (AFC)
(Nasdaq: AFCI - news) announced today a definitive supply agreement with ALLTEL (NYSE: AT -
news), an information and technology company that provides wireline and wireless communications
services, and a leading distributor of communications and data networking equipment for data network
service providers and end users.
The supply agreement positions ALLTEL, through its ALLTEL Supply division, to be a national
distributor for the UMC 1000(R) family of access products. The relationship between the two
telecommunications providers broadens the scope of future UMC 1000 deployments both within
ALLTEL's networks and throughout their market segment.
The terms of the agreement enable ALLTEL Supply to sell and market UMC 1000 products to both
affiliates and non-affiliates of ALLTEL within the United States and Canada.
''The supply agreement creates a synergy between the long term goals of both companies,'' comments
Richard L. Stanfield, vice president, North American Sales at AFC. ''We are fully committed to
supporting ALLTEL's network growth by delivering cost-effective, flexible access solutions for the
networks of the future.''
''The UMC 1000 access system has proven to be a versatile and cost-effective solution in our
networks,'' said Robert Cori, senior vice president of sales and marketing for ALLTEL Supply. ''Our
supply agreement with AFC affirms our shared commitment to deliver dynamic end-to-end service
solutions to our customers.''
The agreement between AFC and ALLTEL gives each company a more diverse market presence and
provides an efficient channel to meet customer demand.
About AFC
AFC (Nasdaq: AFCI - news) is a leading manufacturer of telecommunications systems for the ''local
loop'' between telephone service users and public telephone networks worldwide. AFC has pioneered a
single platform that supports any network, any transport, and any service. AFC's flagship product, the
UMC 1000(R) 3rd Generation Digital Loop Carrier,(TM) provides any service from POTS to xDSL
over copper, fiber, HDSL, and radio transport media. Additional information about AFC can be found
on the web at fibre.com.
Third Generation Digital Loop Carrier, 3rd Generation Digital Loop Carrier, and 3GDLC are
trademarks, and Advanced Fibre Communications, AFC, the AFC logo, Universal Modular Carrier,
and UMC 1000 are registered trademarks of Advanced Fibre Communications, Inc.
About ALLTEL
ALLTEL Supply, a business unit of ALLTEL (NYSE: AT - news), is headquartered in Norcross, GA,
and is one of the nation's leading providers of telecommunications and data communications products.
ALLTEL Supply offers more than 50,000 products from 500 manufacturers through a professional
sales team and a network of nationwide distribution facilities and Communications Products Centers.
ALLTEL is a customer-focused information technology company that provides wired and wireless
communications and information services.
SOURCE: Advanced Fibre Communications, Inc.
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