Osicom's GigaMux Wins 1999 Product InnovationAward from Industry Analysts Frost & Sullivan
May 27, 1999 08:28 AM
SANTA MONICA, Calif.--(BUSINESS WIRE)--May 27, 1999--
Frost & Sullivan Says That "The Introduction Of The GigaMux Has Set Osicom Apart From the Rest"
Osicom Technologies, Inc. FIBR , a market leader in Metro DWDM (Dense Wavelength Division Multiplexing) systems, today announced that its GigaMux(tm) DWDM product family has received the 1999 Market Engineering Product Innovation Award from international market research firm Frost & Sullivan of Mountain View, California. The award, announced by Frost & Sullivan in a press release dated May 25, was presented to Osicom for its ability to adopt new technology, to develop a well-designed product family and make significant contributions to the industry in terms of product performance. Each year, Frost & Sullivan presents Market Engineering Awards to the telecommunications industry to recognize companies that have worked hard to make a positive contribution to the U.S. Dense Wave Division Multiplexing industry.
"GigaMux has set Osicom apart from the rest of the players in the metro DWDM market," said Erica Henkel, telecommunications industry analyst at Frost & Sullivan. "The GigaMux product family distinguishes itself from the pack by featuring a flexible architecture, supporting virtually any type of network traffic, and offering sub-rate multiplexing capability."
According to strategic research by Frost & Sullivan, the U.S. DWDM System Market garnered $1.6 billion in revenues in 1998 and is forecasted to reach $2.2 billion by the end of 1999. DWDM systems are expected to be a high growth market, and it is likely that the market will be dominated by only a few strategically targeted companies. The study indicates that the next several years will likely be marked by an increasingly competitive environment, as DWDM systems manufacturers jostle for market share of this emerging technology. This is a highly dynamic industry that is marked by innovative product launches.
Osicom Chairman and CEO Par Chadha said, "We are pleased to be recognized by Frost & Sullivan as a DWDM leader for our product innovation and to be acknowledged as an industry pacesetter with such companies as Lucent, Ciena and Nortel. This award is definitely a tribute to the dedication and skill of the entire GigaMux development team."
"We saw early on," Chadha added, "that voice video and data networks were converging, while at the same time, new bandwidth intensive applications were emerging. With this vision of increased bandwidth consumption, we built our GigaMux product family to answer the growth needs of new and existing fiber optic networks."
About Frost & Sullivan
Frost & Sullivan is an international market engineering consulting, training company that monitors the telecommunications industry for market trends, market measurements and strategies. This ongoing research is utilized to update a series of online subscriptions such as the Telecommunications transmissions custom subscription www.frost.com/online, and to support industry participants with customized consulting needs.
For a copy of Frost & Sullivan's press release, visit: prnewswire.com. Visit the Frost & Sullivan Web site: frost.com
GigaMux Product Family
Osicom's GigaMux line of DWDM transforms a single 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 Mbps through 2.5 Gbps range.
GigaMux's breakthrough EPC(tm) 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. Osicom's Dense Wave Division Networking (DWDN(tm)) solutions enable direct optical interconnection of high-speed data and telecom equipment, such as multi-gigabit switches and routers, in campus and metropolitan area networks (MAN). DWDN removes protocol conversion steps, eliminating the network latency that is a key barrier to widespread deployment of IP telephony and real-time voice and video.
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.
GigaMux, EPC, and DWDN are trademarks of Osicom Technologies, Inc.
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.
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