out CORL...in TERN @ 62 5/8...holding SVNX. TERN had intraday high of 66ish ..good news out today...oversold here
Siemens Atea and Terayon to Provide IP Backbone Solutions Worldwide
11:21
Business Editors/High-Tech Writers
SANTA CLARA, Calif.--(BUSINESS WIRE)--July 6, 2000--To better
serve the communications needs of the growing small office/home office
(SOHO), small-to-medium enterprise (SME) and corporate network
markets, Terayon Communication Systems Inc. (Nasdaq:TERN) and Siemens
Atea have signed a cooperation agreement to jointly develop and supply
backbone IP solutions to provide enhanced, added-value voice and data
services with end-to-end Quality of Service (QoS) capabilities to
ensure the highest level of performance.
Siemens customers worldwide will deploy Terayon's HighLink(TM)
routers, which provide bandwidth management, traffic prioritization,
security, Virtual Private Networking (VPN) and routing capabilities.
HighLink will enhance Siemens' IP-based backbone infrastructure and
allow the implementation of end-to-end QoS services for a wide
spectrum of applications at the end users' premises.
"In order to be successful in the provisioning of real-time voice
and multicast applications to the end user's desktop, the 'best
effort' data delivery services that were good enough for typical IP
applications are no longer acceptable. That is why we looked at how we
could deliver the differentiated Quality of Service, present in the
core of the backbone and campus networks, straight to the desktops at
the edge of the network," said Dirk Steel, director of Network
<25>Solutions and Communication Services for Siemens Atea. "By integrating
Solutions and Communication Services for Siemens Atea. "By integrating
Terayon's HighLink routers into our Surpass, Unisphere and HiPath
solution portfolio we ensure the Quality of Service implementation in
IP networks in a consistent way, all the way across the backbone
network to the end user that is making use of the provisioned IP
services."
"Siemens has made network-based IP services a reality and we are
delighted to work together to provide solutions that offer businesses
the next wave of value-added Internet services," said Jonathan Lison,
vice president of sales for Terayon's Integrated DSL systems.
"Together, Siemens Atea and Terayon have created a cost-effective,
flexible and scalable IP-based solution that can deliver VPNs and
managed firewalls with end-to-end Quality of Service at application
levels, enabling service providers and corporations to provide
enhanced services to their customers and employees."
HighLink routers use a powerful packet classifier to identify
criteria, such as source or destination address, for end-to-end QoS
services. This capability is crucial for Voice over IP (VoIP) and
Video over IP applications. Network control, privacy and
predictability are effectively ensured by the definition of policy
criteria, and through a powerful firewall with different levels of
prioritization and bandwidth reservation capabilities.
<47> The use of HighLink routers will allow customers to enjoy the
The use of HighLink routers will allow customers to enjoy the
benefits of VPNs with a cost-effective, single box and easily
controllable solution without routing and addressing conflicts.
HighLink's IPSec-based VPN capabilities ensure optimum security, with
authentication, authorization, data and reply protection, and
encryption.
Terayon's HighLink routers are ideal for ISPs, SOHOs and SMEs
requiring LAN-to-LAN or Internet connectivity over ISDN, Frame Relay,
leased line and PSTN. Its dual LAN models can be connected to
broadband modems and provide connectivity over cable television,
wireless LAN or xDSL. Easy to install and use, the HighLink line's
powerful IP/IPX-based routing capabilities and remote auto
configuration features make them ideal for networks with growing
needs.
About Siemens Information and Communications
Siemens Information and Communications segment comprises three
divisions worldwide: namely Information and Communication Networks
(51,500 employees, turnover $10 billion), Information and
Communication Mobile (20,000 employees, turnover $5 billion) and
Siemens Business Services (34,000 employees, turnover $5.5 billion).
Siemens Atea (turnover 393 million Euro) is responsible within the
Information and Communications segment for the development,
production, sale and installation of total voice and data network
solutions and products, fixed and mobile, for operators, companies and
organizations. As well as on the home market, the company is active in
more than 70 export countries, where it achieves more than 40% of the
total turnover. Siemens Atea has more than 2200 employees, of whom
more than 700 are in research and development. As well as the head
office in Herentals, the company has R&D centers in Grand-Hornu and
Ghent, sales centers in Brussels and Huizingen and a production center
in Colfontaine.
<81> About Terayon
About Terayon
Terayon Communication Systems provides innovative broadband access
systems for delivering advanced voice, data and video services over
cable, DSL and satellite networks. The company's broadband cable and
DSL systems have been deployed by the world's leading cable and
telecommunications carriers. Terayon, headquartered in Santa Clara,
Calif., has sales and support offices worldwide, and is traded on the
Nasdaq under the symbol TERN. Terayon can be found on the web at
www.terayon.com.
"Safe Harbor" Statements under the Private Securities Litigation
Reform Act of 1995:
Except for the historical information contained herein, this news
release contains forward-looking statements, estimates, and
assumptions by the Company and other parties that involve risks and
uncertainties, including the Company's ability to gain new business,
the expansion of operations by the Company's customers and the
deployment of the Company's products in specific markets, as well as
the other risks detailed from time to time in the Company's filings
with the SEC.
Note to Editors: Terayon, the Terayon logo, TeraPro, TeraLink, and
<104>TeraComm are registered trademarks of Terayon Communication Systems,
TeraComm are registered trademarks of Terayon Communication Systems,
Inc. TeraView, CherryPicker, HighLink, IPTL, IPAIR, VDAS3000 and
VDAS300 are trademarks of Terayon Communication Systems, Inc. All
other trademarks are property of their respective owners.
--30--pm/sf* dc/sf
CONTACT: Terayon
John Giddings, 408/486-5223 (Press Contact)
<113> jgiddings@terayon.com
jgiddings@terayon.com
John Hamburger, 408/486-5273 (Investor Contact)
johnh@terayon.com
or
Benjamin Group
Stephanie Chiu, 310/996-7449
stephanie_chiu@benjamingroup.com
KEYWORD: CALIFORNIA INTERNATIONAL EUROPE
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS INTERNET NETWORKING
TELECOMMUNICATIONS MARKETING AGREEMENTS
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