(PR NEWSWIRE) Vianet Technologies and MRV Communications Form Alliance to Del Vianet Technologies and MRV Communications Form Alliance to Deliver Next- Generation Fiber-to-the-Home (FTTH) and Fiber-to-the-Business (FTTB) Vianet Voice, Video Compression and Streaming Solutions Round Out Next- Generation FTTH and IP Infrastructure Offerings for Broadband Networks PLANO, Texas, Oct. 19 /PRNewswire/ -- Vianet Technologies (OTC Bulletin Board: VNTK), an innovator in visual media communications and fiber access technologies, announced Wednesday it has completed mutual reseller agreements with world-class optical networking leader MRV Communications, Inc. (Nasdaq: MRVC). With this alliance, both companies are able to offer a cost-effective solution capable of delivering broadband voice, access and video over IP network equipment. The demand from leading national network IP providers for integrated broadband delivery solutions recently resulted in a request from a potential IP network customer for the two companies to demonstrate the combined solution on existing infrastructure. "By integrating our switching and fiber optics products and Vianet's video products to operate efficiently with the extensive networks currently being deployed, we are able to offer leading-edge home video solutions," said Noam Lotan, president and CEO of MRV Communications. The agreements grant the companies cross-licensing for the resale of one another's next-generation networking product lines. The Vianet products covered by the agreements include the Starpoint fiber optic multiplexers, protocol modules and transmission equipment, as well as video streaming and video compression systems. The MRV Communications fiber optic products covered by the reseller agreements include the OptiSwitch, Fiber Driver and FTTH products serving Internet infrastructure solutions. "The synergies of the relationship with MRV Communications clearly address the complex requirements of an all-IP network infrastructure," said Pete Ianace, executive vice president of business development for Vianet. "In today's all-IP optical network, providers not only deliver broadband access, they ensure the use of that bandwidth by streaming content that is already in demand, such as a movie or concert. Combining best-in-class compressed streaming video at DSL speeds with optical IP infrastructure and FTTH products provides Vianet and MRV with an undeniable competitive advantage in services for the all-IP network." MRV and Vianet are discussing future co-development projects for seamlessly integrating their products to further enhance services for IP network providers. In these pending projects, MRV will contribute experience and a reputation in equipment for all aspects of optical IP solutions, while Vianet will provide expertise in optical voice, T1/E1 and SONET/SDH solutions. About Vianet Technologies, Inc.: Vianet Technologies is an innovator in the development and integration of fiber network access and visual media delivery technology and systems. The company offers outstanding solutions in private and public networks, including network access, value-added services, e-commerce applications and visual media communications. The delivery of broadband services and deployment of new technologies continues to be restricted by bandwidth limitations in both the public (Internet) and private (intranet) sectors. Vianet is solving these issues with the development of next-generation networking equipment and bandwidth management technologies. Based in Plano, Texas, Vianet is a publicly held company traded under the ticker VNTK. For more information about the company, please visit the Web site at www.vianet.com or call toll- free (U.S.) at 888-595-6327. Except for the historical information contained herein, the statements in this announcement are forward looking statements which involve risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, the forward looking statements. Factors that might cause such a difference include, but are not limited to, those relating to the success of the Vianet's application for a NASDAQ SmallCap Market listing; general economic conditions in the markets in which the company operates; success in the development and market acceptance of new and existing products; dependence on suppliers, third-party manufacturers and channels of distribution; customer and product concentration; fluctuations in customer demand; maintaining access to external sources of capital; ability to execute management's margin improvement and cost control plans; overall management of the company's expansion; obtaining of necessary regulatory approvals; and other risk factors detailed from time to time in the company's filings with regulatory bodies. About MRV Communications, Inc.: MRV Communications is a world-class leader in optical network components and systems. The company has leveraged its early leadership in fiber optic transmission into a well-focused range of solutions, integrating switching, routing, access servers and optical transmission systems. As the Internet evolves into a single global communication network, MRV has launched the development of new technologies to drive the next-generation infrastructures. Such developments encompass optical access systems, subscribers' management systems and Linux-based solutions. MRV has initiated and funded cutting-edge start-up companies including Zaffire (formerly known as New Access Communications), Charlotte's Networks, Hyperchannel, Zuma Networks and, most recently, RedC Optical Networks. Visit MRV's Web site at mrv.com. This release may contain forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents filed by MRV with the Securities and Exchange Commission, specifically the most recent reports on Forms 10K and 10Q, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements, including potential fluctuations in operating results, dependence on new product developments, rapid technological and market changes, manufacturing risks, volatility of the company's stock price, financial risk management, and future growth subject to risks. The announcement of the anticipated filing of any registration statements contained herein does not constitute an offer of any securities for sale. Press Contacts: Company Contacts: Stephanie Mayo Pete Ianace Shelton Communications Group Bob Logan (972) 239-5119 Vianet Technologies, Inc. smayo@sheltongroup.com (972) 543-2700 pianace@vianet.com blogan@vianet.com Investor Contacts: Cathy Grittner Katherine Stubblefield Shelton Communications Group (972) 239-5119 (972) 239-2292 fax SOURCE Vianet Technologies, Inc. -0- 10/19/2000 /CONTACT: press, Stephanie Mayo, smayo@sheltongroup.com, or investors, Cathy Grittner or Katherine Stubblefield, all of Shelton Communications Group, 972-239-5119, or fax, 972-239-2292, for Vianet Technologies, Inc.; or company, Pete Ianace, pianace@vianet.com, or Bob Logan, blogan@vianet.com, both of Vianet Technologies, Inc., 972-543-2700/ /Web site: mrv.com vianet.com / (VNTK MRVC) CO: Vianet Technologies, Inc.; MRV Communications, Inc. ST: Texas, California IN: CPR MLM TLS SU: LIC *** end of story *** |