Finally green!!!!!!!! Thought this would have done it MUCH sooner; Toronto, Ontario, Jan. 05, 2000 (Market News Publishing via COMTEX) -- New Edge Networks, the fourth leading national wholesale DSL provider, announced it has selected Newbridge Networks to provide network equipment and service management capabilities for its nationwide network in smaller cities and rural areas. In an initial transaction valued at more than $200 million, New Edge Networks is purchasing the Newbridge 350 Integrated Versatile Services Nodes (IVSN) for DSL access, MainStreetXpress 36170 Multiservices Switches and the MainSteetXpress 46020 Network Manager. New Edge Networks selected the Newbridge 350 IVSN for DSL access based on its ability to combine DSL access delivery, ATM switching, quality of service guarantees, and high-speed transport. New Edge Networks already is installing Newbridge switches throughout its network. The Newbridge network management system offers New Edge Networks end-to-end network and service management capabilities from a centralized operations center at the company's headquarters in Vancouver, Wash. "The Newbridge 350 IVSN effectively consolidates our traffic and reduces our networking costs, making broadband and high-speed Internet access affordable and more readily available to customers located in the underserved cities we are targeting," said Steve Hensley, chief technology officer and co-founder, New Edge Networks. "The Newbridge 46020 Network Manager is in a class by itself, offering a wide range of capabilities, including point and click service provisioning and trouble shooting," Hensley said. Initially, New Edge Networks is designing and engineering its network to support high-speed Internet access and local area network (LAN) interconnection. Ultimately, the network will support voice services, broadcast quality video over DSL and a wide range of Internet protocol (IP) and multimedia services. New Edge Networks initiated DSL service last month in Vancouver, Wash. Since then the company has installed DSL equipment in 50 cities for one of the fastest DSL rollouts to date. New Edge Networks plans to be operating in all 50 states within two years. "We believe the New Edge name will become synonymous with the delivery of leading-edge DSL access to smaller markets across America," said Pearse Flynn, president and chief operating officer, Newbridge Networks. "New Edge's decision to select Newbridge DSL and ATM technology reaffirms our leadership position in a market where demand for high-speed Internet access is explosive." Using existing copper telephone lines to homes and businesses, breakthrough DSL technology can provide access to the Internet and corporate LANs at speeds up to 100 times faster than traditional analog modems. In addition to speed, other key benefits of DSL technology include continuous "on demand" connectivity, eliminating dial up or waiting; secure access using dedicated facilities; and, reliability because the network is monitored around the clock. Newbridge Networks designs, manufactures, markets and services wide area networking solutions for Internet service providers; local, long-distance, and wireless communications companies; cable television carriers; and corporate customers in more than 100 countries. The Company leverages its relationship with Newbridge affiliate companies and strategic alliances with numerous other networking companies to deliver complete end-to-end solutions. Newbridge customers include the world's 350 largest telecommunications service providers and more than 10,000 corporations, government organizations and other institutions. Founded in 1986, the Company employs more than 6,000 people on six continents. News and information are available at www.newbridge.com. Based in Vancouver, Wash., New Edge Networks is the fourth leading national wholesale player in the DSL provider market. The privately held company is focusing on building its network in under served smaller cities and rural areas and has filed for certification in all 50 states. Last July, New Edge Networks completed its first round of equity funding from three top-tier venture capital firms including Accel Partners, Palo Alto, Calif., Greylock, Boston, Mass., and Crosspoint Venture Partners, Woodside, Calif. The company's Web site address is www.newedgenetworks.com. Newbridge and logo are registered trademarks of Newbridge Networks Corporation. |