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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here -- Ignore unavailable to you. Want to Upgrade?

To: Herc who wrote (6042)	11/21/1999 10:16:00 PM
From: Frank A. Coluccio	Read Replies (1) \| Respond to of 12823

I could be wrong, but it appears that Telocity is a recent startup, and their goals are similar to the other DSL plays, including the one I highlighted two days (New Edge Networks) in the second half of: techstocks.com ------- From Telocity's own web sites, telocity.com and telocity.net : Telocity, Inc. is the first broadband service company offering affordable, always-on DSL Internet access to the residential market. Customers can self-install the Telocity DSL system, eliminating annoying waits for installation appointments. The company will offer high-speed Internet access in 50 North American markets by the end of 2000. Founded in 1997 by former Octel cofounder Peter Olson, Telocity is managed by Patti Manuel-Hart, former President and COO of Sprint's Long Distance Division, assisted by a host of telecommunications and technology veterans. Red Herring magazine nominated Telocity as one of the hottest venture-backed companies for 1999, and Upside magazine selected Telocity as one of the 30 most innovative companies at Upside magazine's Digital Livingroom conference in June 1999 . Telocity's business philosophy is based on superior service supported by simplicity in all aspects of the customer relationship. The company's broadband service includes an easy to install residential gateway connected to an automated back office system that is, flexible enough to scale quickly as new demand grows and new IP and DSL services become available. Future features could include reduced-cost telephony, video conferencing, and home security systems. New Technology for Traditional Markets To bring advanced Internet services to the residential market, Telocity developed new technology and automation systems with economies of scale that allow quick and cost-effective deployment of DSL-based services. Telocity technology automates as many components of deployment and provisioning as possible to maximize operating efficiencies and support a competitive pricing platform. A key component of Telocity's solution is its self-installable residential gateway, an intelligent appliance that combines a xDSL modem and a microprocessor unit with parallel, USB and Ethernet connections to a computer. Upon order, the gateway is delivered to the customer's home. The user simply plugs the device into a phone jack and connects it to the appropriate computer port. It's as simple as connecting a printer. The second major component of Telocity's broadband service is its Open System Solution, often called "the back-office system," used to deploy and operate DSL-based service. The intelligent linkage between this back-office system and the customer gateway provides Telocity's high level, software-driven automation. Independent research houses predict a vast market for residential broadband providers. According to Cahners In-Stat, more than 3 million consumers will switch their ISP in 1999 to faster Internet connections. Forrester Research expects more than 15 million households will have high-speed Internet connection by the year 2002. Market research firms CIBC and The Yankee Group project today's market of 1.5 million broadband homes will reach between 12 million and 18 million households by 2001. Telocity's innovative, flexible technology is designed to accommodate such growth. Telocity is a venture-backed, privately held firm. Investors include August Capital, Bessemer Venture Partners, Comdisco Ventures, Mohr, Davidow Ventures, RRE Investors, Stanford University and private investors. Telocity In The News Since its launch in March of 1999, Telocity has struck a chord with leading technology and business publications including Inter@ctive Week, Red Herring, San Jose Mercury News and Telephony Magazine. Read all about what the industry analysts and pundits are saying about the uniqueness of Telocity's solution and how we are addressing and solving problems associated with residential DSL deployment.