Sonic Telecom Adopts Award-Winning Internet Telephony Products
A new deal / direction for GDC?
I don't know. But I'm...
Happily Long GDC,
Duke
(full story)
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HERNDON, Va. and WESTBORO, Mass., Nov. 11 /PRNewswire/ -- NETRIX
Corporation's (Nasdaq: NTRX) and OpenROUTE Networks, Inc.'s, (Nasdaq: OPEN)
award-winning Internet Telephony products have been adopted by Sonic
Telecommunications International, Ltd., (Sonic Telecom) as that company's
Voice over Packet Solution for voice and data services. Sonic Telecom, an
international digital communications solutions provider, has already begun the
implementation phase installing NETRIX/OpenROUTE equipment in several of its
major telecommunications points of presence with significant quantities of
additional NETRIX/OpenROUTE equipment to immediately follow.
Based in Chantilly, Virginia, Sonic Telecom provides seamless end-to-end
international multimedia service and billing by the byte for international
broadband communications over its ATM network. Sonic Telecom's state-of-the-
art network is designed and maintained to provide high-speed service for
video, voice and data traffic.
According to Sonic Telecom, Ltd. President and Chief Executive Officer
Todd Ruelle, "NETRIX/OpenROUTE's solutions provide a unique combination of
price and performance that allows Sonic Telecom to provide high quality voice
services over our international network. We consider their equipment to be a
strategic enabler and we expect to deploy in excess of $10 million of
NETRIX/OpenROUTE equipment over the next 12 months."
Steven T. Francesco, NETRIX Chairman and Chief Executive Officer,
commented, "We are pleased to have our solutions adopted by such a fast-
growing, innovative firm as Sonic Telecom. I believe this represents the start
of a trend of Service Providers merging NETRIX and OpenROUTE technologies that
will be key to delivering new services."
Todd Ruelle added, "We are excited about the new products that will be
coming out of the combined NETRIX/OpenROUTE company. We expect to see
significant requirements for the kinds of solutions that these two companies
can provide."
Bryan R. Holley, OpenROUTE Networks President and Chief Executive Officer
added, "A $10 million opportunity validates the strategy and direction of the
combined NETRIX/OpenROUTE company. The strength of our product sets merging
will provide Sonic and other Service Providers with a growth path for years to
come. If anyone needed evidence as to why NETRIX/OpenROUTE makes sense, this
is it in a nutshell -- and this is only scratching the surface."
About Sonic Telecom, Ltd.
Privately-held Sonic Telecom is an international digital communications
solutions provider of access, transport and termination for transmission of
video, data and voice on a single ATM network at a fraction of the cost -- and
with greater flexibility -- than private lines and frame relay services. It
has points of presence in Amsterdam, Brussels, Frankfurt, London, New York,
and Paris. The Chantilly, Virginia-based company plans service expansion
throughout North America in 4Q'99. General DataComm (NYSE: GDC) and Viatel
International, Inc. (Nasdaq: VYTL) are equity holders and strategic partners
in the company. More information on the Web at: www.sonictelecom.com.
About NETRIX
NETRIX Corporation is a worldwide provider of voice and data networking
products. NETRIX products are designed to transport voice over data networks
to enable its customers to realize significant cost savings. NETRIX's
customers include multinational corporations, emerging service providers, and
government agencies in over 60 countries worldwide. On September 30, 1999,
NETRIX announced it had signed a definitive agreement to merge with OpenROUTE
(Nasdaq: OPEN). This agreement still requires regulatory approval, as well as
the approval of the shareholders of both companies in order to be completed.
NETRIX corporate headquarters are located at 13595 Dulles Technology Drive,
Herndon, Virginia 20171. Additional information can be found on the company's
website at www.netrix.com.
About OpenROUTE
OpenROUTE Networks, a leading provider of Internet Access products, is
"Opening the Internet for Business." OpenROUTE commercialized the industry's
first multi-protocol router in 1985. All products feature OpenROUTE router
software, which is recognized by the industry as the best in its class.
OpenROUTE software is licensed by IBM, Digital, Ascend Communications,
Motorola and many leading vendors. Today, OpenROUTE software powers more than
200,000 routers worldwide. For more information, contact OpenROUTE Networks,
Inc., Westboro, Mass., at 800-545-7464 or on the World Wide Web at
openroute.com.
Safe Harbor Statement
This press release contains forward-looking statements that involve a
number of risks and uncertainties, including references to the success of new
products and the transition between the sale of old products and the sale of
new products. Readers are cautioned that all forward-looking statements are
subject to risks and uncertainties, including, without limitation, the timing
of new announcements or introductions by the Company and its competitors, the
hiring and retention of key employees, competitive pricing pressures, the
manufacturing of products, the need for capital, dependence on third parties
for manufacturing, components and products, general economic conditions in the
United States and international markets, and the risk factors detailed from
time to time in the Company's periodic reports and registration statements
filed with the Securities and Exchange Commission. Readers are cautioned not
to place undue reliance on these forward-looking statements that speak only as
of the date hereof. The Company undertakes no obligation to publicly release
the result of any revisions to these forward-looking statements that may be
made to reflect events or circumstances after the date hereof or to reflect
the occurrence of unanticipated events.
SOURCE NETRIX Corporation
-0- 11/11/1999
/CONTACT: Tony Morris of NETRIX/OpenROUTE, 703-742-6000 or
tmorris@netrix.com; or Brian Koma of Stratagem Marketing, 703-591-6400 or
bkoma@stratageminc.com/
/Web site: sonictelecom.com
/Web site: openroute.com
/Web site: netrix.com
(NTRX OPEN GDC VYTL)
CO: NETRIX Corporation; OpenROUTE Networks, Inc.; Sonic Telecommunications
International, Ltd.
ST: Virginia, Massachusetts
IN: CPR TLS
SU: CON |
