To: QuietWon who wrote (108118 ) 11/8/1999 9:00:00 AM From: vagabond Read Replies (5) | Respond to of 119973
CMTN/DSLN deal... ==================== Monday November 8, 6:06 am Eastern Time Company Press Release DSL.net Selects Copper Mountain Equipment to Deliver Business-Class DSL Service Nationwide PALO ALTO, Calif.--(BUSINESS WIRE)--Nov. 8, 1999--Copper Mountain Networks, Inc., (Nasdaq:CMTN - news) today announced that DSL.net, Inc., (Nasdaq:DSLN - news) a direct provider of high-speed data communications and Internet solutions, is deploying CopperEdge(r) 200 DSL Concentrators in its network. It will also sell CopperRocket(tm) Customer Premise Equipment (CPE) and third-party CopperCompatible(tm) CPE. DSL.net will deploy Copper Mountain equipment as it rolls out its service to tier II and tier III metro areas nationwide in 1999 and 2000. ''We found three compelling reasons to select Copper Mountain's DSL solution,'' said David F. Struwas, president and chief executive officer of DSL.net. ''First, the CopperEdge platform is a stable product family that we can roll out quickly. Second, with the Copper Mountain solutions, DSL.net can offer a full range of services. And third, the variety of software-based network models implemented in the CopperEdge gives us a great deal of flexibility in delivering multiple services concurrently from one chassis.'' The CopperEdge networking models include Layer-1 and Layer-2 private virtual circuits (PVCs); a variety of wide area network (WAN) models such as IP, Frame Relay, and virtual WANs (VWANs); and CopperVPN(tm). ''Copper Mountain is dedicated to offering its customers a range of service capabilities that allow them to reach a broad spectrum of end users,'' said Rick Gilbert, president and chief executive officer of Copper Mountain. ''DSL.net is taking full advantage of these capabilities, building its business by providing a single source for all of its customers' Internet and data communications needs.'' In addition, as part of its strategic partnership with Staples Inc., the leader in the office supplies industry, DSL.net will showcase its technology through kiosks equipped with Copper Mountain CPE in select Staples retail superstores. The kiosks enable users to experience the always-on, high-speed advantages of the DSL technology. About DSL.net, Inc. Based in New Haven, CT, DSL.net, Inc. (NASDAQ: DSLN - news), is a high-speed data communications and Internet access provider that uses digital subscriber line technology to provide high-speed Internet access solutions to small and medium-sized businesses. DSL.net intends to establish services in second and third-tier cities throughout the United States. As of September 30, 1999, DSL.net had provided service or had installed equipment in 52 cities. For more information on DSL.net visit its Web site at www.dsl.net. About Copper Mountain Networks Copper Mountain Networks, Inc., (NASDAQ: CMTN - news) develops and markets a comprehensive family of DSL solutions that enable high-speed internetworking over existing copper facilities. The company's mission is to enable carriers and other service providers to offer a full range of high-performance, cost-effective data and voice services over DSL that are easy to deploy, use, and manage. Copper Mountain's CopperRocket(tm) CPE family addresses the bandwidth, reliability, ease-of-use, and cost concerns of remote offices and users. Its carrier-class CopperEdge(r) DSL concentrators and CopperView(tm) network management solutions offer a robust and scalable platform for carriers and multi-tenant unit service providers to generate a high return on investment while satisfying the ever-increasing user demand for bandwidth. Customers wanting more information about Copper Mountain products can contact Diana Helfrich at (650) 687-3314 or visit the Company's World Wide Web site at coppermountain.com . For investor relations information, call toll free 877-INFO-CMTN (463-6268) or contact the Company at IR@coppermountain.com. Portions of this release contain forward-looking statements regarding future events and are subject to risks and uncertainties. Copper Mountain wishes to caution you that there are some factors that could cause actual results to differ materially from the results indicated by such statements. These factors include, but are not limited to: quarterly fluctuations in operating results attributable to the timing and amount of orders for our products, the concentration of our revenue in a small number of customers, factors affecting the rate of DSL deployment by our customers, market acceptance of our products, our ability to keep pace with rapidly changing product requirements, and factors affecting the demand for DSL technologies. We refer you to the documents Copper Mountain files from time to time with the Securities and Exchange Commission, specifically the section titled Risk Factors in our Registration Statement on Form S-1 (No. 333-73153).