fwiw to any interested. c-cor.net is rockin today on this news i expect....always like news of this sort.... to give a little boost to stocks that may benefit longer term as a result. i am interested in feedback on ccbl and svci if there is any gemmer out there with familiarity. <not familial hilarity> although i"m always up for a good chuckle. robert minshew
C-COR.net and SVCI Announce Initial Deliveries of Both Mini and Multiplexing Nodes for AT&T's LightWire(TM) Field Trial in Salt Lake City
PR Newswire, Wednesday, September 08, 1999 at 08:24
STATE COLLEGE, Pa., Sept. 8 /PRNewswire/ -- C-COR.net (NASDAQ:CCBL)
announced today that it has completed initial delivery of its new mini-fiber
nodes to AT&T Broadband & Internet Services (AT&T BIS) for deployment in the
Salt Lake City trial of AT&T's LightWire(TM) Neighborhood Broadband System.
Silicon Valley Communications, Inc. (SVCI), working together with C-COR.net on
this project, has also announced the first delivery of multiplexing nodes for
the field trial. Both node products form part of the foundation for the
experimental LightWire(TM) architecture developed by AT&T BIS and AT&T Labs.
The trial deployment in Salt Lake City will be used for concept testing of
this architecture.
Commenting on the trial and the participation of C-COR.net and SVCI, Tony
Werner, CTO of AT&T's Broadband & Internet Services, stated, "We are testing a
ground-breaking architecture based on the extensive use of optical technology
combined with a passive coax system to provide for unsurpassed reliability and
capacity. We believe C-COR.net's reputation for quality and responsive
support in the CATV industry will help us to explore this new vision in
meeting customer needs. We are pleased to work with and receive C-COR.net's
first shipment of mini-nodes, as well as the multiplexing nodes provided by
SVCI, both of which represent a new family of products developed for a new
system architecture."
Adding to this statement, David A. Woodle, President and CEO of C-COR.net,
observed, "We are proud to be working with SVCI as an AT&T BIS supplier of two
new products developed specifically for this significant field trial. We
believe AT&T BIS's next-generation design for high-speed broadband cable
systems will provide the bandwidth and reliability needed for interactive
information services. Our active participation in the Salt Lake City test
matches our own corporate strategy of providing the broadband communications
market with the tools and technical know-how to increase network capacity and
ensure network integrity." Mary Fong, Chairperson of SVCI, added, "We are
pleased to be cooperating with C-COR.net and supporting AT&T BIS in the
development of next-generation services."
About C-COR.net and SVCI Mini and Multiplexing Nodes
The mini-fiber node is a high-output receiver designed to serve
approximately 70-to-100 homes passed via a fully passive coaxial network. The
multiplexing node, an advanced, scalable, bi-directional fiber optic network
device, allows operators to provide high reliability network design. The
multiplexing node provides high segmentation flexibility and a future-proof
architecture that facilitate high-speed communications and give operators the
ability to provide customers with the newest advanced services. In Phase II
of the trial, the multiplexing node will allow the multiplexing of digital
transmissions to and from the mini-fiber node at rates of 2.5 Gb/s. These
data streams will be combined to provide a 40 Gb/s per fiber total throughput.
About C-COR.net and SVCI
C-COR.net, headquartered in State College, Pennsylvania, provides
products, services and support to customers as they plan, design, build and
maintain complex broadband communications networks. The company is a
developer, manufacturer and global supplier of robust, high-quality
distribution electronics for two-way HFC (Hybrid Fiber Coax) networks.
Supplementing its product lines, C-COR.net's Broadband Management Services
(BMS) group provides comprehensive customer services for the full HFC
broadband network life cycle. These services include network engineering and
design, technical field support, network optimization and management through a
24X7 Network Operations Center (NOC) and Help Desk, and the enabling of
Internet services over cable. Silicon Valley Communications, Inc.,
headquartered in Santa Clara, California, designs and manufactures fiber optic
transmission systems, including transmitters, receivers and Erbium-Doped Fiber
Amplifiers (EDFAs), for advanced HFC networks. In July 1999, C-COR.net and
SVCI announced that they had entered into a definitive merger agreement under
which SVCI will become a wholly-owned subsidiary of C-COR.net, subject to the
satisfaction of certain conditions set forth in the definitive merger
agreement. The merger transaction is expected to be completed in the fall of
1999.
C-COR.net, founded over 45 years ago, designs and manufactures robust,
high-quality network distribution products for two-way hybrid fiber/coax (HFC)
networks. C-COR.net's headquarters is in State College, Pennsylvania, with
production facilities in State College and Tipton, Pennsylvania; and Tijuana,
Mexico. C-COR.net maintains offices in Toronto, Canada; Almere, The
Netherlands; and Hong Kong. C-COR.net's common stock is listed in the Nasdaq
National Market under the symbol CCBL. C-COR.net's website is
c-cor.com. C-COR.net was named to Forbes Magazine's 200 Best Small
Companies in America List (1998).
Some of the information presented in this announcement constitutes forward
looking statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Although C-COR.net believes that its expectations are
based on reasonable assumptions within the bounds of its knowledge of its
business and operations, there can be no assurance that actual results will
not differ materially from its expectations. Factors which could cause actual
results to differ from expectations include the ability to consummate the
merger with Silicon Valley Communications, Inc. and integrate
Convergence.com's and Silicon Valley Communications' businesses; the timing of
orders received from customers; the gain or loss of significant customers;
changes in the mix of products sold; changes in the cost and availability of
parts and supplies; fluctuations in warranty costs; new product development
activities; the Company's ability to implement its strategies of product,
service, and global market expansion; economic conditions affecting domestic
and international markets; regulatory changes affecting the telecommunications
industry, in general, and the Company's operations, in particular; competition
and changes in domestic and international demand for the Company's products;
the Company's ability to assess the risks of the year 2000 issue, with respect
to its operations, and resolve them in a timely manner; and other factors
which may impact operations and manufacturing. For additional information
concerning these and other important factors which may cause the Company's
actual results to differ materially from expectations and underlying
assumptions, please refer to the reports filed by the Company with the
Securities and Exchange Commission.
SOURCE C-COR.net Corporation
-0- 09/08/1999
/CONTACT: Sally O. Thiel, Manager of Corporate Communications of
C-COR.net, 814-231-4402, or sot@c-cor.com/
/Web site: c-cor.com /
Companies or Securities discussed in this article:
Symbol Name
NASDAQ:CCBL C-Cor.Net Corp
NYSE:T At&T Corp
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