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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?


To: Regis McConnell who wrote (13803)6/7/1999 4:24:00 PM
From: rascalbythesea  Read Replies (1) | Respond to of 42804
 
go2net.newsalert.com

Cienna got the big contract that MRVC should have gotten if we really have the great products we think we have.

Benny



To: Regis McConnell who wrote (13803)6/7/1999 4:59:00 PM
From: signist  Respond to of 42804
 
Here's just a few press releases today.
Competion seems really tough. I'd need a techie to understand all
this. Caution....alot of reading

(COMTEX) B: NORTEL NETWORKS INTRODUCES VERSALAR SWITCH
ROUTER 25000 AND CARRIER
NETWORKING SERVICES, KEY BUILDING BLOCKS FOR THE
NEXT-GENERATION Internet New
products expand the portfolio of Nortel Networks' leading IP solutions designed
specifically for service providers
*** unveiled new technology that allows a single hair-thin strand of*** (way down
the page)
fiber to carry 1.6 Terabits per second of high-speed data,
BOSTON, MA, Jun 7, 1999 /PRNewswire via COMTEX/ -- Nortel Networks
(NYSE/TSE: NT) today introduced the Versalar Switch Router 25000 and
Carrier Networking Services software suite. Developed specifically for
service providers, these solutions enable customers to offer the
next-generation services, such as Internet Protocol (IP) VPNs and IP
Telephony, by redefining thescalability, performance, and reliability
of IP networks. Coupled with Nortel Networks' industry-leading
DWDM/Optical and access products, the new products enhance the ability
of a service provider to build the next-generation Internet -the
Optical Internet.

''Nortel Networks continues to roll out the products and solutions that
carriers will need to have in their portfolios to effectively meet the
demands of their customers and profitably expand their business,'' said
Clarence Chandran, president, Carrier Packet Solutions, Nortel
Networks. ''The introduction of the Versalar Switch Router 25000 and
Carrier Networking Services reinforces Nortel Networks' commitment to
support service providers as they build the Optical Internet.''

Nortel Networks Versalar Switch Router 25000 is a next-generation
switch router built to address service providers' challenges. Designed
for both high-speed access and core applications, it is a
carrier-grade, quality of service (QoS)-capable solution that provides
industry-leading density while maintaining the flexibility and
scalability required for on-going, investment protection. With a
throughput of 240 Gbps, the Versalar Switch Router 25000 offers almost
10-times the capacity of any router installed today.

The Versalar Switch Router 25000 joins the previously announced
Versalar Switch Router 15000, a leading-edge carrier IP access device,
and the successful Passport portfolio of multiservice switches. Both
the Versalar and Passport products will run the new Nortel Networks
Carrier Networking Services to support common traffic engineering
capabilities, common management features, and common quality of service
applications.

''As we build an IP network to support our application portfolio,
weneed to deploy technologies that enable advanced business
applications and will scale up to support our growth. At the same time,
we must provide high reliability and performance,'' said Bill Willis,
vice president of Engineering at Interpath, a network-based application
service provider. ''An architecture, such as that implemented in the
Versalar Switch Router 25000, allows us to provide these
highly-reliable services while simplifying our network
anditsoperation.''

Nortel Networks is committed to the development of a better Internet -
an Internet that is far more reliable, scalable, and service-ready than
that of today. The Versalar Switch Router, running Carrier Networking
Services, is being deployed in the Internet2 research project and
DARPA's (Defense Advanced Research Projects Agency's) Next-Generation
Internet Project.

Worcester Polytechnic Institute is currently building an Internet2
Gigapop using the Versalar Switch Router 15000 and Carrier Networking
Services. ''To provide the services and reliability needed by
businesses, and expected by consumers, the next generation of the
Internet will need to rely on a new generation of routers,'' commented
Sean O'Conner, Network Operations manager, Worcester Polytechnic
Institute. ''Nortel Networks Versalar portfolio provides the
scalability, reliability, and advanced services needed to take the
Internet to the next level.''

To accommodate the exponential growth of IP traffic and services, next
generation IP networks must be capable of providing much higher
bandwidth than today's networks - higher by orders of magnitude. One
way to meettomorrow's bandwidth challenge is through the coupling of
routing and Nortel Networks' leading DWDM/optical networking solutions.
The Versalar switch routers will enable this integration and thereby
allow service providers to take advantage of the exponential growth in
optical bandwidth, to reduce network complexity, and to increase
network reliability.

''Under DARPA's Next Generation Internet Project, MIT Lincoln
Laboratory is working with Nortel Networks and others to develop a next
generation IP-over-WDM test bed. We plan to install Nortel Networks'
Versalar Switch Router 25000 into the test bed this fall. We are
excited to be working with Nortel Networks, the recognized leader in IP
optical networking,'' said Dr. Kristin A. Rauschenbach, associate head
of Communications and Information Technology Division of MIT Lincoln
Laboratory.

Nortel Networks' Versalar Switch Router 25000 is designed for both
high-speed access and core applications, with a switching capacity of
500Gbps and 240 Gbps of useable throughput. In addition, it provides
industry-leading density with up to 576 DS-3s in a half rack and 99.999
percent availability. Its custom-built, micro-programmable packet
processors can each support 24 million IP packets-per-second. These
packet processors are optimized forboth performance and flexibility.
They enable the Versalar Switch Router 25000to support port speeds from
DS-3 to OC-192 at full line-rate with quality- of-service enabled, and
are flexible enough to accommodate evolving protocol standards and
future applications. The industry-standard, quality-of-service features
on the Versalar Switch Router 25000 enable service providers to support
service level agreements and deploy tiered service offerings.

The Versalar Switch Router 25000 is competitively priced right from
2Gbps to 240 Gbps. With a full suite of SONET/SDH interfaces and
high-density features it is ideally positioned for both North American
and internationalmarkets.

''As we extend our IP services to include mission critical applications
such as voice and VPNs, we need IP routers that have a similar level of
reliability to today's optical transmission systems,'' said Terje
Nordahl, chief operating officer of Carrier1, Europe's leading long
distance carrier of IP and voice services. ''We also need
highly-scalable products that can take increasing amounts of traffic
without fork-lifted upgrades ever couple of years. The Versalar
portfolio allows Carrier1 to provide highly-reliable IP services and to
grow our network in a flexible manner.''

The Versalar Switch Router 25000 is being introduced today and is
scheduled for Beta trial in 3Q 1999. This new product shares software
and packet processors with the Versalar Switch Router 15000 whose
reliability and line-rate performance have already been proven in
service provider networks.

Positioned at the edge of the network, the Versalar Switch Router
15000is optimized for high-density T1/E1 access. In addition to
providing DS-3access and supporting over 2,500 T1s per rack, it enables
QoS on all links while maintaining line-rate performance. The Versalar
Switch Router 15000 is available today.

Carrier Networking Services, a software suite designed specifically for
carrier networks, operates across both Nortel Networks' Versalar switch
routers and Passport ATM multiservice switches. It takes advantage of
next-generation hardware to provide increased scalability, traffic
engineering capabilities, and reliability. Extensive traffic
engineering support, via MPLS, will allow carriers to more effectively
control the flow of traffic within their networks. With ultra-low
latency and enhanced accounting features, Nortel Networks Carrier
Networking Services is ideally suited to deploy advanced services such
as VPNs and IP telephony. This software suite supports non-service
affecting upgrades and simplifies operations through an
industry-standard command line interface. In addition, it works with
Nortel Networks' powerful Integrated Network Management (INM) system,
an end-to-end, open management solution for Optical, ATM, and IP
network elements.

Nortel Networks delivers value to customers around the world through
Unified Networks solutions, spanning mission-critical telephony and
IP-optimized networks. Customers include public and private enterprises
and institutions; Internet service providers; local, long-distance,
cellular and PCS communications companies, cable television carriers,
and utilities.

Nortel Networks' common shares are listed on the New York, Toronto,
Montreal, Vancouver, and London stock exchanges. Nortel Networks had
1998 revenues of US$17.6 billion and has approximately 75,000 employees
worldwide.

SOURCE Nortel Networks Corporation

(C) 1999 PR Newswire. All rights reserved.
prnewswire.com -0-
CONTACT: Ann Fuller, Nortel Networks, (613) 768-4512,
afuller@nortelnetworks.com; Or visit Nortel Networks'
website at
www.nortelnetworks.com
/Nortel Networks' press releases are also available
through CNO-Call by
fax at 800-758-5804, ext. 122158 or at
www.prnewswire.com
(NT. NT)


GEOGRAPHY: Massachusetts

INDUSTRY CODE: TLS

*** end of story ***
(PR NEWSWIRE) Nortel Networks OPTera Connect Family of Scalable Optical
Cross-Connects to
Deliver Flexible Services for the Optical Internet

*** unveiled new technology that allows a single hair-thin strand of
fiber to carry 1.6 Terabits per second of high-speed data,****

Supports network evolution from existing data, voice and multimedia
services to next-generation IP services at the least cost per bit

ATLANTA, GA, June 7 /PRNewswire/ - Nortel Networks (NYSE/TSE: NT),
which
recently unveiled new technology that allows a single hair-thin strand of
fiber to carry 1.6 Terabits per second of high-speed data, today announced the
introduction of a new global optical cross-connect portfolio - OPTera Connect
- that enables dynamic connection of high-capacity optical devices. OPTera
Connect seamlessly directs and manages the complex flow of digital traffic
through next-generation optical networks and will evolve to support
all-optical connectivity, allowing service providers to create a better
Internet.
''The explosive growth in the wide spectrum of optical network and
Internet data-centric services has resulted in the need for better traffic
management services and capabilities worldwide, and we're meeting these
needs,'' said Mike Unger, president, Optical Networks, Nortel Networks.
''Service providers are now looking for reliable solutions that will simplify
their operations and create new revenue opportunities with easily provisioned,
next-generation services.''
Today's networks need reliable optical networking devices that can handle
heavy traffic demands now while accommodating rapid changes in the type of
traffic and services supported in future. Nortel Networks OPTera Connect
portfolio, a new class of multi-service, high-density smart optical
cross-connects, provide the optimum balance between traffic/service mix and
cost-effective network operation, delivering transparent end-to-end managed
wavelength routing. OPTera Connect enables consistent traffic management for
both medium and large-size network hubs with flexible connectivity and
scalable capacity.
The first OPTera Connect products introduced, to be commercially available
from Nortel Networks next year, include Nortel Networks OPTera Connect DX and
OPTera Connect HDX. These two products will provide end-to-end, transparent
connection management for high-bandwidth optical services, flexible network
restoration that provides high reliability, and simplified network control.
With these capabilities, service providers can quickly implement an array of
services from 50 Megabits per second (Mbps) through 10 Gigabits per second
(Gbps), with flexible class of service ranging from best effort to
carrier-grade quality.
Wavelength management in the optical domain will enhance service
providers' ability to leverage their investment in Nortel Networks highly
successful 10 Gbps and open optical OPTera LH platforms. Networks around the
world which already rely on Nortel Networks optical technology can implement,
without service interruption, the OPTera Connect products to provide a
modular, scalable and evolvable solution. The optical cross-connects represent
next-generation evolution of optical networks to optical ring-based or 'mesh'
networks, delivering excellent cost efficiencies.
The announcement of this new technology is the latest in a series of new
capabilities introduced by Nortel Networks this year to enable a faster,
higher-capacity, highly reliable and manageable Optical Internet backbone.
Nortel Networks leads the global telecommunications industry with the
highest per-fiber capability of 1.6 Terabits per second per fiber with its
OPTera 1600G product and has open optical solutions on a 2.5 or 10 Gbps
platform delivered by its OPTera LH portfolio of products.
''The telecommunications industry and our customers' requirements are
changing dramatically, and we're responding to these changes by creating the
Optical Internet which will enable services and applications for the new
millennium,'' Unger said. ''The wavelength connection at the optical layer
that we're announcing today is another building block in creating a powerful
Optical Internet foundation.''
The OPTera Connect DX optical cross-connect serves as a multi-gigabit
connection manager providing service management capability and gateway
functions. It provides the following benefits to services providers:

- Cost-effective capacity growth from a minimum of 2304 STS-1 ports to a
maximum of 9212 STS-1 ports or approximately 0.5 terabits per second;

- Cost-effective capacity growth scalable to 9216 STS-1 ports or
approximately 500 Gigabits per second;

- Integrated connection management to ensure efficient traffic management
up to 10 Gbps, with add-drop capability;

- Migration to hundreds of terabits per second connection management
capability through interfacing with the OPTera Connect HDX platform;

- Innovative matched node hub network configuration to reduce the number
of network elements required;

- Support of multiple ring and mesh-based services operating at different
line rates (155 Mbps to 10 Gbps) for high reliability and network
efficiency;

- Global benefit of carrying both SONET and SDH signaling from the same
10 Gbps network element.

The OPTera Connect HDX is a new multi-terabit optical cross-connect
platform providing solutions for high capacity, high performance, reliable
core networks. It will allow service providers to increase the capacity on
their networks as needed, as well as providing improved service flexibility,
connection and network management and enhanced reliability for a new class of
Optical Internet.
OPTera Connect HDX allows interconnection of hundreds of routers, ATM and
SONET/SDH switches, as well as transparent wavelength services, through line
rates up to 40 Gbps and beyond. The new optical cross-connect platform permits
true optical wavelength connectivity, as well as traffic handling, traffic
collection or aggregation, and recovery from service interruption for
wavelength services within the network. It offers service providers the
following:

- Ability to simultaneously manage hundreds of 10 Gbps wavelength
services;

- Unprecedented multi-terabit capacity per bay using modular layered
building blocks, evolving to thousands of optical ports;

- Optical connection and network management capability

- flexible open interfaces adaptable to new line rate services plus
transparent wavelength connection management (2.5 Gbps, 10 Gbps and
higher rate services)

- Smart optical network connectivity with configurable end-to-end
wavelength connectivity through mesh and ring networks; optical layer
management (wavelength recognition and provisioning);

- Full management of express and local traffic;

- Carrier class reliability using a dual-plane design with a fully
protected core.

Nortel Networks Integrated Network Management (INM) platform will provide
end-to-end connection management of services and circuits. Through an easy to
use point-and click bandwidth management function, INM integrates the
technologies across the network to deliver ''best-in-class'' integrated end-to
end operations and maintenance (OAM) bandwidth and connection management.
Nortel Networks delivers value to customers around the world through
Unified Networks solutions, spanning mission-critical telephony and
IP-optimized networks. Customers include public and private enterprises and
institutions; Internet service providers; local, long-distance, cellular and
PCS communications companies, cable television carriers, and utilities. Nortel
Networks' common shares are listed on the New York, Toronto, Montreal,
Vancouver, and London stock exchanges. Nortel Networks had 1998 revenues of
US$17.6 billion and has approximately 75,000 employees worldwide.

Certain information included in this press release is forward-looking and
is subject to important risks and uncertainties. The results or events
predicted in these statements may differ materially from actual results or
events. Factors which could cause results or events to differ from current
expectations include, among other things: the impact of price and product
competition; the dependence on new product development; the impact of rapid
technological and market change; the ability of Nortel Networks to integrate
the operations and technologies of acquired businesses in an effective manner;
general industry and market conditions and growth rates; international growth
and global economic conditions, particularly in emerging markets and including
interest rate and currency exchange rate fluctuations; unanticipated impact of
Year 2000 issues; and the impact of consolidations in the telecommunications
industry. For additional information with respect to certain of these and
other factors, see the reports filed by Nortel Networks with the United States
Securities and Exchange Commission. Nortel Networks disclaims any intention or
obligation to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.

SOURCE Nortel Networks Corporation

-0- 6/7/99
/CONTACT: Alain Bourget, Nortel Networks, (514) 818-2596
boural@nortelnetworks.com; Or visit Nortel Networks' website at
www.nortelnetworks.com/
/Nortel Networks' press releases are also available through CNO-Call by
fax at 800-758-5804, ext. 122158 or at www.prnewswire.com/
(NT. NT)

CO: Nortel Networks Corporation
ST: Georgia
IN: TLS
SU:

-30-

*** end of story ***
(PR NEWSWIRE)
Nortel Networks and Jetstream Communications to Enter into OEM and Investment
Relationship

-Nortel Networks Teams with Jetstream to offer a
Voice over DSL Broadband Access Solution and
Participates in Jetstream's Recent Financing Round-

BOSTON, MA, June 7 /PRNewswire/ - Nortel Networks (NYSE/TSE: NT) and
Jetstream Communications announced today that they have agreed to enter into
an OEM reseller arrangement to distribute Jetstream's industry-leading Voice
over Digital Subscriber Line (VoDSL) technology. In addition, they announced
Nortel Networks' participation in Jetstream's most recent round of funding.
Nortel Networks will begin providing an end-to-end VoDSL solution that
includes Jetstream's CPX 1000 Voice Gateway, Jetstream's Integrated Access
Devices (IADs), and Nortel Networks' Universal Edge 9000 to its competitive
carrier customers worldwide. The combined solution provides a seamless
migration from circuit-based switching to next-generation packet-based access
for Nortel Networks' Competitive Local Exchange Carrier (CLEC) and Incumbent
Local Exchange Carrier (ILEC) customer base.
Nortel Networks and Jetstream will be demonstrating this end-to-end VoDSL
solution at the SuperComm'99 Annual Convention in Atlanta, GA, June 8-10, in
Jetstream booth number 1059 and Nortel Networks booth number 5309.
Narrowband digital loop carriers and multiple unbundled loops
predominantly serve today's CLEC collocation markets for delivering enhanced
voice and data services to small and medium size businesses. Nortel Networks'
and Jetstream's combined efforts to offer a VoDSL solution leverages existing
Class 5 local voice switches and DSL technology to enable CLECs to deliver
multiple telephone lines and continuous high-speed Internet access over a
single copper pair. VoDSL optimizes the use of collocation space by delivering
20 times the number of telephony lines currently served in the collocation
footprint. By evolving the collocation cage to support broadband services and
pushing the intelligence to the customer premises, a CLEC can reduce recurring
and operational expenses while offering new revenue generating services.
''We're thrilled that a company with the reputation and resources of
Nortel Networks has teamed with Jetstream to provide a complete Voice over DSL
solution,'' said S. Sundi Sundaresh, president and CEO of Jetstream. ''With
the addition of our VoDSL technology, Nortel Networks will now be able to
offer its carrier customers a comprehensive solution for delivering bundled
voice and data services to smaller line size customers.''
''With 62 percent market share, we are the market leader in the
collocation market space, said Don Richmond, vice president and general
manager, Nortel Networks' Access Networks Division. ''We are confident that
the combination of VoDSL and high-speed data will begin the next evolution of
the CLEC collocation cage. Through internal developments and agreements, such
as the one we have with Jetstream, Nortel Networks is driving intelligence to
the edge of the network to enable new IP services as part of a Unified
Networks solution.''
''Carriers are looking for new and creative approaches to deliver voice
and high-speed data services to their customers, as well as reduce their cost
structure. Voice over DSL presents just such an opportunity as it will enable
ICPs to offer bundled services to small business and work-at-home households.
Worldwide, service providers are seeking to expand the utility of copper
-Nortel Networks' global distribution will expand Jetstream's market reach,''
said Jeannette Noyes, a research manager at International Data Corporation.
Jetstream Communications Inc., the leader in Voice over DSL solutions,
develops, manufactures, and markets broadband access products for next
generation local telecommunications networks. Jetstream's products



To: Regis McConnell who wrote (13803)6/7/1999 9:00:00 PM
From: Dee Jay  Read Replies (1) | Respond to of 42804
 
OT OT - small correction: Mory Ejabat joined the Board of Directors and not as an employee...
(from their press release):
6/3/99 - CEO OF ASCEND COMMUNICATIONS JOINS CHROMATIS
NETWORKS AS BOARD MEMBER

Telecommunications Veteran Mory Ejabat Joins Provider of Next-generation Transport
Solutions for the Metro Network Environment