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Technology Stocks : Nortel Networks (NT)

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To: chechaco who wrote (2681)5/12/1999 3:09:00 PM
From: Kenneth E. Phillipps  Read Replies (1) of 14638
 
Here are the two announcements. I have placed bold around the critical portion.

Ken

Nexabit's NX64000, the World's Fastest Multi
Terabit Switch Router, to be Demonstrated at
NetWorld+Interop
07:01 a.m. May 11, 1999 Eastern

LAS VEGAS--(BUSINESS WIRE)--May 11, 1999--Hot on
the heels of the recent announcement that Frontier
Communications is currently testing Nexabit's NX64000, and
after four successful presentations at ISPCON Spring '99 and
Hambrecht & Quist's 27th Annual Technology Conference,
Nexabit Networks will now showcase the strength of its
advisory board and its industry-leading NX64000 carrier-class
Multi-Terabit Core Switch/Router at Spring NetWorld+Interop
'99 in Las Vegas.

Two of the company's advisory board members, Professor of
Advanced networking architecture at MIT, Dr. David Clark
and Ohio State Professor Dr. Raj Jain, are scheduled to speak
at the conference. These speakers are representative of the
tremendous intellectual strength of Nexabit's revolutionary
switch/router, which delivers the highest capacity, lowest
latency and highest port density per chassis of any product
available today.

"We're pleased that these talented and distinguished technology
experts will have the opportunity to share their insights at the
conference," said Nexabit CEO Mukesh Chatter. "Their
knowledge and direction has helped Nexabit develop a
switch/router orders of magnitude faster than anything else on
the market. It should be interesting for everyone to hear what
they have to say."

Complimenting the great expertise that Drs. Clark and Jain will
add to N+I, Nexabit will offer conference attendees a peek at
the capabilities of the NX64000. Demonstrations at Nexabit's
booth (number 3357 in Start-Up City) will include live tests of
the NX64000 at OC-48, which also supports line rate
interfaces for OC-3, OC-12, OC-48 and an industry-first
16-channel OC-192 for high-speed DWDM connectivity.
Nexabit will be the only exhibitor demonstrating OC-192
hardware.


"To have a product of this nature in trials now represents a true
innovation in the networking and telecommunications industries,"
said Dr. David Clark, Professor Advanced networking
architecture, at MIT's Computer Science Lab. "The unique
architecture of Nexabit's NX64000 is a clear demonstration of
the 'out of the box' thinking that is needed to really revolutionize
an industry."

Nexabit's innovative solution offers unique Constant Bit Rate
(CBR) over IP and the ability to map ATM CBR to IP
CBR(TM). Also, Nexabit's NX64000 is the only switch/router
capable of ensuring IP CBR(TM), a critical QoS requirement
that allows service providers and carriers to preserve ATM
service levels as traffic is delivered through an IP-based
backbone.

"To emerge as a leader at the core, companies must offer
sophisticated QoS and interoperability features," said Dr. Raj
Jain, a Nexabit advisor and professor at Ohio State. "Nexabit's
NX64000 is the first implementation and the first solution in the
market that supports all ATM-like QoS features, including low
and predictable delay, delay variance, and intelligent and
efficient bandwidth management at wire rates."

At the conference, Nexabit will also be announcing the name of
one of several test customers that are currently in trials with the
NX64000. About Nexabit

Based in Marlborough, Mass., Nexabit Networks designs and
manufactures high-speed switch/router equipment for the core
of the carrier and service provider networks. The first in an
emerging class of super-switches, Nexabit's products scale far
beyond today's conventional solutions and are based on a
patented architecture. Per chassis, the NX64000 delivers in a
small footprint: the highest capacity, lowest latency, highest
density, superior QoS functionality, unmatched scaling power
and industry leading carrier-class availability. The NX64000's
unmatched capabilities enable service providers to increase
revenues, offer real-time services, and accommodate the
ever-increasing bandwidth demands. Additional information can
be found at www.nexabit.com.

Copyright 1999, Business Wire
Other top stories
Avici Systems Unveils Industry's First Terabit
Switch Router
11:21 a.m. May 11, 1999 Eastern

LAS VEGAS, May 11 /PRNewswire/ -- Avici Systems Inc.,
developer of revolutionary, next generation Internet backbone
platforms, today marked an industry milestone with the first
public demonstration of its Terabit Switch/Router (TSR(TM)).
This is the first time any vendor has exhibited terabit
switch/router infrastructure, the path to the "speed-of-light"
optical networking in IP networks such as the Internet.

The demonstration is taking place at Networld+Interop, where
an Avici TSR in Avici Booth #4623 is connected to a Nortel
Networks'* OC-192 transport node sending IP traffic across a
fiber connection to a Versalar* Terabit Switch Router 45000 in
Nortel Networks' Booth #4489.
The TSR will be available
through Avici Systems, Inc., and will also be available through
Nortel Networks under the Versalar TSR 45000 brand name.
Demonstrations will be ongoing through the show at the Las
Vegas Convention Center from May 11-14.

Built to support a vast number of multi-megabit, "always-on"
Internet connections, Avici's TSR is unlike any other product on
the market. It has the scalability, resiliency and flexibility
required to replace the circuit switches at the core of today's
public networks as carriers migrate to next generation,
IP-based technologies. The TSR is capable of supporting over
8,000 OC-3c or 560 OC-192c connections, at cost savings of
>50% over existing technologies. The bandwidth handled by
the TSR is equivalent to more than 72 million voice calls.

While such capacity isn't needed to carry voice traffic, carriers
predict it will soon be needed for data, based upon the growth
of data-intensive applications such as e-business and
e-commerce. To allow a smooth transition from a gigabit to a
terabit network, Avici's TSR supports as many as 40 modules
per unit and can mix and match speeds of OC-3c, OC-12c,
OC-48c and OC192c. Also, 14 TSR chassis can be
interconnected.

"The TSR goes beyond the limits of gigabit technology to
deliver the scalability and resiliency essential to an easy
transition to networks of the future," said Surya Panditi Avici
president and CEO. "While gigabit technology can suffice in
networks today, it won't be enough in the very near future.
We've built technology to last."

Avici Systems, Inc., headquartered in North Billerica, Mass., is
the premier developer of multi-terabit switch/router technology
aimed at providing the next generation of high-performance,
IP-based carrier networks for the 21st century. It is backed by
more than $72 million in first and second round financing,
including funds from Nortel Networks and some of the
industry's best known venture capitalists. Visit Avici's World
Wide Web site at avici.com.

TSR is a trademark of Avici Systems.

Nortel Networks and Versalar are trademarks of Northern
Telecom Limited. SOURCE Avici Systems Inc.

Copyright 1999, PR Newswire
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