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Technology Stocks : NHC COMMUNICATIONS (TSE:NHC) acquiring THE FIBER COMPANY -- Ignore unavailable to you. Want to Upgrade?


To: Lalit Jain who wrote (317)3/31/2000 2:07:00 PM
From: Lalit Jain  Read Replies (1) | Respond to of 856
 
NHC selects Allcom Telecomunicazioni as its new DSL market value-added integrator in Italy


MONTREAL, March 31 /CNW/ - NHC Communications Inc. (TSE: NHC), a leading
provider of carrier class test access and deployment solutions for the Digital
Subscriber Line (DSL) service market, today announced that it has signed an
Agent Agreement with Allcom Telecomunicazioni. Allcom will be the exclusive
representative for the sale of NHC's VCCS products in Italy.
"Italy and the European Community countries are key markets in the global
DSL industry," said Mr. Bernard Sarrade-Loucheur, Vice President of NHC
Europe, a subsidiary of NHC. "DSL technology is being deployed at a quicker
pace than originally expected by many industry forecasters. As a result, we
are moving to consolidate our presence in the principal European countries
through strategic distribution partnerships such as this arrangement with
Allcom Telecomunicazioni."
The speed of DSL penetration in Europe is being influenced strongly by
the announcement of several major ventures deploying DSL technology in most
European countries. These initiatives will help to create a sound DSL
infrastructure throughout the continent.
"NHC's VCCS(TM) products complement our existing range of offerings and
provide unique solutions to today's and tomorrow's needs," said Ottimo
Valentini, Chief Executive Officer of Allcom Telecomunicazioni. "We are
evaluating the deployment of VCCS(TM) on a number of our current and potential
products and look forward to a long and fruitful relationship with NHC."
In addition to strengthening its distribution network in Europe, NHC is
growing its overseas business by leveraging its North American customer base.
Major U.S. Competitive Local Exchange Carriers (CLECs), who aligned their
business development strategies to offer global DSL services, have recently
announced plans to expand throughout Europe. The CLECs will compete against
local phone carriers and regional DSL providers.
"Our intention is to grow with our customers," said Mr. Sylvain Brossard,
NHC's Vice-President Finance and Operations. "A major element of NHC's
strategy is to provide technology support to major internationally focused
CLECs as they expand around the world. Our customers will need relationships
with strong partners such as NHC who are experienced in supplying timely and
reliable DSL solutions."
The Allcom Telecomunicazioni agreement will establish a template for
other distributor agreements in Europe. NHC is actively seeking out other
qualified distributors to complete its network and expects to make further
announcements throughout 2000.
Allcom Telecomunicazioni is one of Italy's leading consulting firms in
telephony networks and services including architecture, integration,
implementation and support. Created in 1994, Allcom, is located in Milan,
Italy. Among its clients are ABBOTT Italia, Banco Italo-Rumena, Citibank,
Credit Suisse, Deutsche Bank, MCI-WORLDCOM, SIA (Milan Stock Exchange), NORTEL
NETWORKS and Telecom Italia.
NHC Communications Inc. specializes in developing products that increase
the competitive edge of its customers by applying innovative technology to the
delivery of high-speed mixed media networks. NHC is committed to delivering
superior solutions for physical layer network infrastructures. NHC sells
through leading resellers supported by sales locations in Montreal, Boston,
Chicago, Medford (NJ), and Paris (France).
NHC may be contacted through its web site: www.nhc.com
%SEDAR: 00001989EB

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For further information: Sylvain Brossard, CA, Vice-President Finance
and Operations, NHC Communications Inc., Email: s.brossard@nhc.com,
Telephone: 1-800-361-1965, Fax: (514) 735-8057; Odile Wicker, Marketing
Director, NHC Europe, Email: o.wicker@nhc.com, Tel: 011-331-41999920,
Fax: 011-331-41999921; Ing. Lorenzo Caligaris, Directeur technique, ALLCOM
telecomunicazioni, Email : support@allcomtlc.com, Telephone:
011-39-02-22478154, Fax: 011-39-02-22478177