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Technology Stocks : Tellium -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (10)	12/14/1999 11:21:00 AM
From: Ray Smith Jr	Respond to of 55

Lucent Technologies Teams With Tellium to Offer Optical Switching Products for Advanced Data Networks OCEANPORT, N.J.--(BUSINESS WIRE)--Dec. 14, 1999--Lucent Technologies (NYSE:LU - news) and Tellium, Inc. today announced a strategic agreement with that will provide telecommunications carriers with a cost-effective solution for delivering information at the speed of light. The two-year agreement integrates Tellium's state-of-the-art optical switching products within Lucent's market-leading optical networking product portfolio--providing carriers with the optical switching solutions they need. Under the terms of the agreement, Lucent will distribute Tellium's Aurora optical switches, StarNet Restoration Software, and other software modules to the worldwide marketplace. When combined with Lucent's recently announced WaveStar(TM) LambdaRouter, Tellium's Aurora optical switch will help comprise a portfolio that enables service providers to choose the optical switching solution that best fits their needs during the course of the agreement. Many customers currently need such features as optical layer restoration, scalability beyond 400 terabits, grooming and wavelength interchange as currently provided by the Aurora optical switch. Optical layer restoration enables carriers to immediately reroute information in the event of a fiber cut. Grooming enables service providers to redirect different wavelengths within a fiber. Wavelength interchange allows carriers to take the information that enters the switch on one color--or wavelength--of light and send it out on another color. Other customers require the multi-terabit capacity, low power consumption and reduced footprint provided by the WaveStar LambdaRouter. This combined portfolio will enable carriers to build faster, more cost-effective optical data networks. ``Tellium's optical switching technology allows carriers to build optical networks at a fraction of today's cost and deliver better, faster optical data services for the IP-based world,' said Richard Barcus, President, Tellium. ``Along with developing leading-edge innovations of its own, Lucent brings a track record of service and breadth of distribution channels that will enable this collaboration to deliver the solutions that make true optical networking a reality for our customers. We are honored to work with a high caliber partner like Lucent.' ``Optical switching and routing will be cornerstone of tomorrow's all-optical networks,' said Harry Bosco, chief operating officer of Lucent's Optical Networking Group. ``Tellium shares our vision for networking in the 21st century, and we are excited to be working with this leading-edge company.' About Tellium Tellium designs and manufactures networking products that create intelligent optical networks. These products are used by large communications companies because today's public networks are struggling to support the explosion of bandwidth requirements for data services. Tellium products create a scalable optical network enabling reliable, fast, low cost delivery of data services. Tellium's Aurora 32 Optical Switch was the first-to-market in the telecommunications industry. Aurora Optical Switches, StarNet Restoration Software and the Gemini Element Management System are the cornerstone network elements of scalable, flexible optical networks. More information about Tellium can be found at tellium.com. About Lucent Technologies Bell Labs, the research and development arm of Lucent Technologies, has garnered over 2,000 patents in optical technology alone. With more than 4,000 systems installed worldwide, Lucent is the global leader in optical technology. According to KMI Corp., a leading market research firm, Lucent has the largest share of the $2.2 billion global DWDM (dense wave division multiplexing) optical equipment market. For more information about Lucent's Optical Networking Group, please visit its Web site at lucent-optical.com. Lucent Technologies designs, builds and delivers a wide range of public and private networks, communications systems and software, data networking systems, business telephone systems and microelectronics components. Bell Laboratories is the research and development arm of the company. For more information about Lucent Technologies, visit its Web site at lucent.com