OTCBB FTEL For Release August 13, 1996
FRANKLIN INTERNET (FNET) RECEIVES LATEST
FIBER OPTIC TECHNOLOGY THANKS TO GTE
Westlake Village, CA.> Franklin Telecom announced today that GTE is nearing completion of a project necessary to provide Franklin with fiber optic lines in order to handle the mushrooming demand for network and Internet access. Trenching from the spur to Franklin's headquarters is now complete. The fiber run and equipment phases are proceeding simultaneously. September 1st is the target completion date.
The project has necessitated substantial disruption to two major thoroughfares transversing the Westlake Village industrial area. Franklin's president and CEO Frank Peters says, "Other companies in the area have been very understanding about the torn up streets, the noise and commotion of all the backhoes and heavy equipment since a number of them are FNet subscribers. They realize the current disruption will result in an enhanced selection and quality of available services."
According to Operations Manager Michael Peters, "During the last six months, we have been inundated with orders for high-end internet access. From the beginning, unlike many ISP's we have focused on producing "Business Quality" service. We can't add T-1 lines rapidly enough. GTE's fiber optic cable will initially jump us up to OC3 (Optical Carrier) bandwidth level which will accommodate about 100 T1 spans of 24 channels each. This cable is not only state-of-the-art: it is designed to accommodate technical advances which are still on the drawing board at present. The actual cable is an OC 24 which could accommodate about 800 T1 circuits. "
Frank Peters continued, "We are very appreciative of GTE's timely response to the needs of our burgeoning business. The significant sum they are spending on this project shows their confidence in FNet's future. Franklin is looking forward to completion of the installation so FNet can continue to meet the needs of our expanding business customers."
More information can be obtained by contacting Helen West, Shareholder Relations at 805-373-8688, 800-372-6556, by fax at 805-373-7373, Internet: hq@ftel.com, or on the WEB ftel.com or by writing to Franklin at 733 Lakefield Road, Westlake Village, CA. 91361. Franklin Telecom, founded in 1981, designs and manufactures communications devices, high speed LAN & WAN access cards and software. Franklin has an installed base of over 100,000 nodes. Franklin is traded Over The Counter Market as "FTEL".
Pictures of the process! |