Osicom Sees Strong Demand For Its GigaMux Metro
DWDM; Ability To Deliver Bandwidth 'Where and When It
Is Needed' Is Key To Metro Demand
October 2, 1998
SANTA MONICA, Calif.--(BUSINESS WIRE) via
NewsEdge Corporation -- Osicom Technologies, Inc.
(NASDAQ:FIBR), today reported that it continues to
experience increasing demand for its GigaMux(tm)
Metropolitan DWDM (dense wavelength division
multiplexing) solution among CLECs, cable operators,
utilities, RBOCs, and other metro service providers.
GigaMux is the industry's first deployable metro DWDM
system.
These metro service providers view DWDM as a clear
alternative to the expense and delay of laying new fiber
to meet their customers' growing bandwidth demands.
Also, metro service providers are increasingly using
DWDM to plan and manage growth of new fiber
installations. Feedback from Osicom's current and
potential customers, as well as interviews with industry
analysts support this bullish outlook.
Osicom has recently begun shipping to two new CLECs,
thereby increasing its global roster of GigaMux
customers to five. In addition, there are more than
fifty-one potential metro customers - up from
twenty-one in May of this year - each at a different
stage of considering Osicom's GigaMux DWDM for
network deployment.
The two most recent metro customer additions are: TU
Communications Inc., a subsidiary of Texas Utilities
Company; and, one of the world's largest broadband
communications companies. They join RTC (Real Time
Centre), an information technology consortium of
several banks in Switzerland; a European-based
international telecommunications carrier; and, a major
bank in Spain. In fact, RTC has continually expanded
channel capacity since their initial GigaMux order early
this year.
"As a company that has been defining the metro
DWDM market, it is gratifying to see industry watchers
and customers accept our vision of a DWDM system
designed from the ground up to meet the unique needs
of metro service providers," said Dr. Xin Cheng,
president of Osicom. "Our growing success in the
marketplace is testament to our GigaMux DWDM
solution. We will continue to lead the metro market
through the expansion of our GigaMux family of
products exemplified by our recently introduced 512
sub-channel EPC. Furthermore, we are also extending
the use of our DWDM technology that will open new
opportunities for Osicom."
About GigaMux
Osicom's GigaMux line of DWDM transforms existing
fiber from a dedicated, single-application medium into a
versatile conduit capable of simultaneously transporting
up to 32 independent optical channels. It increases the
total bandwidth of a single fiber from 2.5 Gbps to 80
Gbps. GigaMux supports fault tolerant DWDM rings as
well as point-to-point network configurations. It is
protocol transparent and data rate independent in the
entire 51 Mb/s through 2.5 Gb/s range. GigaMux's
breakthrough EPC optical and electronic sub-rate
multiplexing technology provides 512 sub-channels with
direct optical and electrical interfaces to customer
premise equipment and carries voice, video and data
traffic.
About Osicom
Osicom Technologies is a leading provider of integrated
networking and bandwidth aggregation solutions for
enhancing the performance of existing data and
telecommunications networks. The Company combines
expertise across multiple disciplines to offer fiber
transport, remote access, virtual private networking,
video switching and transport, and network
systems-on-silicon to carrier and enterprise customers.
The Company brings value to its customers by offering
end-to-end, single vendor solutions as an integrated set.
Osicom's offerings feature open architectures, offer
complete scalability and fully support industry
standards. The Company's flagship products are the
GigaMux family of Dense Wavelength Division
Multiplexers (DWDM) for short-haul Metro
applications, the NET+ARM system-on-silicon for
network connectivity, and the IQX-200 family of
scaleable Remote Access Servers.
For additional company, product or financial
information, visit the Osicom website, www.osicom.com,
or call toll free 888-OSICOM8. For calls originating
outside the United States, call 301-317-7710.
Except for the historical information contained herein,
the matters discussed in this news release are
forward-looking statements that involve risks and
uncertainties. The forward-looking statements in this
release are made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995.
Actual results may differ materially due to a variety of
factors, including without limitation the company's
ability to develop, produce, and market products that
incorporate new technology on a timely basis, that are
priced competitively and achieve significant market
acceptance; higher expenses associated with the
development and marketing of new products; changes
in product mix; risks of dependence on third-party
component suppliers; inventory risks due to shifts in
market demand; the presence of competitors with
broader product lines and greater financial resources;
intellectual property rights and litigation; needs for
liquidity; and the other risks detailed from time to time in
the company's reports filed with the Securities and
Exchange Commission.
GigaMux is a trademark of Osicom Technologies, Inc.
All other brands and product names are trademarks of
their respective owners.
CONTACT: Osicom Technologies, Inc. | David Pawlak |
(619) 558-3960 | dpawlak@osicom.com | or | Boston
Communications Worldwide | Constantine
Theodoropulos | (617) 912-1100 | ctheo@bcww.com
[Copyright 1998, Business Wire]
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