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Technology Stocks : Accord Networks Ltd. - ACCD -- Ignore unavailable to you. Want to Upgrade?


To: ToTradeWell who wrote (21)9/5/2000 9:36:13 AM
From: Jack Hartmann  Read Replies (1) | Respond to of 43
 
Accord Networks is the First Company to Achieve NEBS Certification for IP-based Voice and Visual Communications Products
Business Wire - September 05, 2000 09:16
ATLANTA--(BUSINESS WIRE)--Sept. 5, 2000--

Certification means Accord is the only viable IP visual and voice
communications solution for RBOCs, ISPs and ASPs
requiring NEBS compliancy
Accord Networks, the leading manufacturer of a family of IP, ATM, and ISDN visual and voice communications solutions including network switches, conference bridges, gateways and management systems, today announced that it has received NEBS (Network Equipment Building Systems) level 3 certification for IP-based voice and visual communications products. NEBS is a standard from Bellcore that is a major test of quality and that many service providers consider mandatory in order to place network equipment in the Central Office or local Point of Presence (POP). NEBS has become increasingly important in the Internet communications market as more and more "new generation" service providers, including ISPs and ASPs -- who often co-locate their equipment in Central Offices and local POPs -- are emerging at an increasing rate and looking to provide visual and voice services.

This certification gives Accord a huge advantage over its competition that has not received NEBS compliance, and makes Accord the best option for service providers deploying Internet or IP-based voice and visual communications networks and requiring this certification.

NEBS certified network equipment has passed an extensive suite of tests ensuring that the product will: operate reliably and be serviceable; not negatively affect other service providing equipment; operate properly in adverse environmental conditions; and not cause harm to the environment or personnel.

"We are very pleased with the NEBS certification. This puts even more space between us and our competition for product solutions required by the service provider marketplace, particularly in the ISP, CLEC and ASP sectors. This is just another reason for all organizations seeking out the best in IP voice and visual networking equipment to choose Accord's products," said Phil Keenan, executive vice president of worldwide sales and marketing at Accord.

About Accord Networks

Accord Networks is the leading manufacturer of networking products that enable Rich Media Communication, including real-time, interactive voice, visual and data collaboration, over IP, ATM, and ISDN networks. Accord's product family includes network switches, conference bridges, network gateways, protocol gateways and management systems that make it easy for two or more people to participate in a Rich Media Communication session without having to know the technical characteristics of their network or their video- or voice-enabled system. These systems today could be an Internet telephone, regular telephone, video-PC or videoconferencing system. When integrated into a network solution, Accord's products are uniquely positioned to solve many problems faced by network designers today such as dealing with multiple speeds and feeds, multiple protocols, multiple networks and QoS issues. All of Accord's solutions are managed and controlled under a common management suite. Accord's solutions are used both by end users and by service providers who are offering outsourced solutions to end users. Service providers offering these services include RBOCs, CLECs, ISPs and ASPs.

As well as being highly active on the industry bodies that drive new standards, Accord has repeatedly demonstrated its commitment to lead the industry with its own technology. For example, Accord's advanced transcoding technology is an industry first and is the underlying mechanism that makes rich media calls as easy to make as a telephone call. Other leading features such as allowing the caller to modify their screen layout to simultaneously display other callers video streams and collaborative data windows further enhance the user's productivity.

Accord is a registered trademark of Accord Networks, Inc.

Certain statements in this press release, particularly those anticipating future financial performance, business prospects, growth and operating strategies, sources of revenue and similar matters, and those modified by the words "believes," "expects," "anticipates," "intends," "estimates" or similar expressions, constitute "forward-looking statements" within the meaning of federal securities laws. These forward-looking statements reflect management's expectations and are based upon currently available information. These statements are not guarantees of performance and are inherently subject to risks and uncertainties, many of which cannot be predicted or anticipated. Future events and actual results, financial or otherwise, could differ materially from those expressed in or implied by the forward-looking statements. Important factors that could cause future events or actual results to differ materially include: quarterly fluctuations in results, general business conditions in the industry, changes in demand for products, the timing of orders, management of growth, technological changes in the industry, competition and other risks identified from time to time in the company's reports filed with the Securities and Exchange Commission, including Accord Network's Registration Statement on Form F-1 (Registration No. 333-38804), as declared effective by the Securities Exchange Commission on June 28, 2000. Copies of such filings also are available upon request from Accord Networks' investor relations department.

CONTACT: Accord Networks, Inc.
Mary Maguire Campbell
(508) 230-1806 - office
(508) 878-4059 - mobile
mary.campbell@accordnetworks.com


The conference call got me to buy in also.

Jack