IJNT- I KNOW YOU ARE WAITING FOR THIS
BSNS WIRE) IJNT.net Announces Rollout of Next-Generation Unified Networ
IJNT.net Announces Rollout of Next-Generation Unified Network Solution;
Contract in Excess of US$37 Million to Allow IJNT.net to Offer Customers
High-Speed Access Based on DSL Technology
Business/Technology Editors
HOUSTON--(BUSINESS WIRE)--August 3, 1999--IJNT.net, Inc. (OTC BB:
IJNT), a leading high-speed Internet access provider, today announced
it has entered into a deal with Nortel Networks valued at over $37
million to provide a next-generation Unified Networks solution. Nortel
Networks' Unified Networks portfolio will help accelerate IJNT.net's
ability to bring advanced Internet and telecommunication services to
its customers.
Nortel Networks will provide IJNT.net an end-to-end unified
network, including Nortel Networks' 1-Meg Modem for high-speed
Internet and telecommunications access. The 1-Meg Modem offers
subscribers the ability to access the Internet at up to 1.3 megabits
per second - more than 20 times faster than a 56k modem, with
simultaneous voice and fax service. The 1-Meg Modem is based on
Digital Subscriber Line (DSL) technology but does not require costly
service calls or the installation of a voice/data "splitter," and
eliminates the need for in-line filters at most phone jacks.
The end-to-end network being deployed by IJNT.net is based on
Nortel Networks' optical networking, solutions including fiber optic
rings linked with Passport 15000 VSS ATM-based multiservice edge
switches, DMS-500 telecommunications switches for voice and data
traffic, and Nortel Networks new Star Hub access nodes to bring
traffic beyond the edge of the network. From there, the 1-Meg Modem
takes the power of Internet networking and a range of
telecommunications solutions to businesses and homes.
"We are confident in the capability of Nortel Networks' products
and technology to realize the scalable network we have envisioned,"
said Jon Marple, Chairman and Chief Executive Officer of IJNT.net.
"This network will allow us to deliver exciting 1-Meg Modem DSL
solutions to customers today, as well as accommodate a full range of
broadband services to meet future high-speed access needs. Nortel
Networks will also provide financing for the first phase of our
network rollout. We are gratified to have Nortel back up its
commitment with favorable financing terms."
"Nortel Networks leads the industry in providing easily
deployable DSL solutions, so that service providers like IJNT.net can
offer high-speed Internet and telecommunication services at an
affordable price. Our plug-and-play design allows quick service
activation and ensures customer satisfaction," said Steven Schilling,
Senior Vice President of Carrier Packet Solutions, Nortel Networks.
"Given other costly and complex high-speed access solutions, the 1-Meg
Modem has become the choice of home users and small businesses."
IJNT's subsidiary, UrJet Backbone Network ("UBN") will initially
offer 1-Meg Modem service in Los Angeles, San Francisco, San Diego,
and Orange County, California and Phoenix, Arizona. Shortly
thereafter, the company plans to extend the service to Dallas and
Houston, Texas, followed by 14 additional markets within 18 months.
IJNT and UBN project an October 1999 service launch for initial target
markets.
IJNT.net provides high-speed, wireless Internet access, wired
broadband solutions, and telecommunication services to homes and
businesses. The company's subscriber base is growing rapidly as the
company diversifies its offerings and expands its network across the
U.S. and internationally. IJNT also provides web site development,
online advertising, and e-commerce services as well as dial-up
Internet access throughout the U.S. and internationally. The company's
rapid growth is the result of aggressive marketing and sales, internal
development, acquisitions, and strategic alliances.
Nortel Networks, the Nortel Networks Globemark, How the World
Shares Ideas, Unified Networks, AccessNode, Passport, DMS, Star Hub
are trademarks of Nortel Networks Corporation
This press release may contain forward-looking statements made
pursuant to the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. Investors are cautioned that such
forward-looking statements involve risks and uncertainties, including,
without limitation, continued acceptance of the Company's products,
subscriber growth, product demand, competition, and other risks and
uncertainties detailed from time to time in the Company's periodic
reports, including Quarterly Reports on Form 10-Q and Annual Reports
on 10-K. This and additional information can be found on the Company's
website at www.ijnt.net or can be obtained from the Company upon
request.
--30--kc/bos*
CONTACT: Nortel Networks IJNT.net
Ann Fuller Brandon Powell
613-768-4512 949-723-2183
afuller@nortelnetworks.com bpowell@ijnt.net
KEYWORD: TEXAS
INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS
INTERACTIVE/MULTIMEDIA/INTERNET
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(BSNS WIRE) IJNT.net Announces Rollout of Next-Generation Unified Networ
IJNT.net Announces Rollout of Next-Generation Unified Network Solution;
Contract in Excess of US$37 Million to Allow IJNT.net to Offer Customers |
