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Strategies & Market Trends : Angels of Alchemy -- Ignore unavailable to you. Want to Upgrade?

To: vagabond who wrote (4649)	7/7/2000 9:23:25 AM
From: SirRealist	Respond to of 24256

Thanks Vagabond! This QCOM news just may help us find a bottom in the wireless sector.

To: vagabond who wrote (4649)	7/7/2000 9:26:03 AM
From: vagabond	Read Replies (1) \| Respond to of 24256

SCMR/TSIX news... ======================= (COMTEX) 360networks First to Deploy Worldwide Intelligent Optical Mesh Network With Sycamore's Intelligent Optical Switch CHELMSFORD, Mass. & VANCOUVER, British Columbia, Jul 7, 2000 (BUSINESS WIRE) -- Sycamore Networks (NASDAQ:SCMR), a leader in intelligent optical networking, and 360networks (TSIX: NASDAQ and TSX: TSE), an international provider of broadband services, today announced an agreement targeting purchases of up to US $420 million. Over the course of the agreement, Sycamore will provide 360networks with its new SN 16000 intelligent optical switch, SN 8000 intelligent optical transport products and SILVX(TM) optical network management system. When deployed, 360networks will have an optical mesh network that exceeds the scope and magnitude of any network deployment of optical switches. "Our optical network will provide a new level of broadband services to telecommunications and data communications companies worldwide," said Greg Maffei, president and chief executive officer of 360networks. "Sycamore's equipment provides us two distinct competitive advantages," Maffei added. "It enables us to scale our network and provide high-speed bandwidth services much faster and more effectively than our competitors, as well as the ability to offer a unique set of services directly from the optical network such as optical virtual private networks, bandwidth on demand and dynamic wavelength switching." Sycamore's SN 16000 intelligent optical switch combines the BroadLeaf(TM) Network Operating System's innovative signaling and routing software with innovative hard optic technologies to create a flexible, intelligent platform for the delivery of high-speed services on demand. Built on a combination industry-standard OSPF routing and MPLS signaling and Sycamore's soft optics, the SN 16000 IP-centric BroadLeaf software platform has been designed to provide the scalability and interoperability required by today's large-scale applications and hybrid environments. Designed to switch services from STS-1 up to OC-192/STM-64 as well as Gigabit Ethernet, the SN 16000 enables service providers to maximize their networking resources to address new customer demand for high-speed services. "The intelligent optical network is rapidly being deployed as service providers seek innovative technology that will give them a competitive advantage in the market place," said Daniel E. Smith, Sycamore's president and CEO. "We look forward to developing our strategic relationship with 360networks, as they are the first to deploy a worldwide optical mesh network with Sycamore's intelligent optical switch. 360networks will be able to seamlessly offer a new level of broadband services directly from their optical network." In addition to deploying an intelligent optical network, 360networks plans to use Sycamore's BroadLeaf NOS to build and emulate a full-scale network in its corporate labs to test and manage actual traffic patterns, failure scenarios and changes in network capacity. This live network is accomplished by combining a SN 16000 intelligent optical switch with PC servers running the BroadLeaf(TM) Network Operating System. By running the same software on both the optical switches and the PC servers, it is now possible to actually test large optically switched networks. This will greatly accelerate 360networks' ability to move from lab tests directly to a full-scale network deployment. The SN 16000 with its BroadLeaf NOS brings a new level of networking intelligence and flexibility to the optical domain. Together with the SN 8000 network node and the SILVX(TM) ONMS optical network management system, the SN 16000 provides a complete intelligent optical network solution for rapid service scaling, provisioning and end-to-end lightpath management from access to backbone at the core of the public network. About 360networks 360networks offers broadband network and co-location services to telecommunications and data communications companies. 360networks is developing one of the largest and most technologically advanced fiber optic networks in the world. By the end of 2001, the network is expected to measure 91,000 kilometers (56,000 miles) and link 90 major cities with terrestrial routes in North America and Europe, undersea cables linking North America with South America and Europe, and nearly two million square feet of network co-location space. 360networks and its predecessors have been developing communications networks since 1988. More information is available at www.360.net. About Sycamore Networks Sycamore Networks develops and markets intelligent optical networking products that transport voice and data traffic over wavelengths of light. The Company combines significant experience in data networking with expertise in optics to develop intelligent optical networking solutions for network service providers. Sycamore's products are based on a common software foundation, enabling concentration on the delivery of services and end-to-end optical networking. Sycamore's products and product plans include optical transport, access and switching systems and end-to-end optical network management solutions. Contact Sycamore Networks at www.sycamorenet.com.