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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?


To: TechMkt who wrote (9089)11/16/2000 9:19:37 AM
From: Sawtooth  Respond to of 15615
 
I don't remember seeing this posted here, although it likely was:

Global Crossing and Lucent Technologies Begin Trial of a 40-Gigabit Optical Technology That is Four Times Faster Than Today's Systems
MURRAY HILL, N.J., Nov. 15 /PRNewswire/ --

Lucent Technologies (NYSE: LU - news) and Global Crossing Ltd. (NYSE: GX - news) today announced that they have begun a trial of Lucent's 40G optical technology, which is four times faster than today's fastest commercially available systems. Lucent's system, which delivers 40 gigabits per second (Gb/s) of capacity, can transmit approximately 8 million one-page emails per second.

The trial, which is running Nov. 13-17, is being conducted across a 71-kilometer fiber link connecting Brussels and Antwerp, Belgium, a critical component of Global Crossing's European network.

``Global Crossing continues to lead the way in the evaluation, testing and integration of next-generation optical technology that will ultimately benefit our customers through greater bandwidth availability,'' said Jan van Leerdam, Vice President, Technology for Global Crossing Europe. ``We're building the world's most extensive, seamless global fiber-optic network to give our customers the worldwide reach they need, and we're looking for the industry's best optical networking technology on which to build it.''

Lucent's 40G system is based on time division multiplexing (TDM) technology (OC-768/STM-256), which transmits voice, video and data, using a single laser over a single wavelength of light. Designed for both long-haul (core) and metro networks, Lucent's system provides 40-Gb/s transmission over a variety of fiber types and enables carriers to increase network speed and maximize fiber utilization while reducing cost, equipment and space requirements.

``Our customers expect us to lead the way in bringing the next generation of optical networking systems to the market, and we are doing just that,'' said Jeong Kim, president of Lucent's Optical Networking Group. ``Our industry is moving at light speed, and as it moves from 10G to 40G, customers are coming to Lucent because we have a technology that is ready for trials now.''

The results of the trial will be presented at the Telecom Transmission Networking 2000 conference in Barcelona, Spain, Nov. 28-30.

In addition to testing Lucent's 40G technology, Global Crossing currently is conducting live network testing of Lucent's WaveStar LambdaRouter. The LambdaRouter is the industry's first high-capacity, all-optical switch -- capable of routing 10 times more traffic than currently travels across the worldwide Internet each second.

About Global Crossing

Global Crossing Ltd. (NYSE: GX - news) is building and offering services over the world's most extensive global IP-based fiber optic network, which will have more than 101,000 route miles, serving five continents, 27 countries and more than 200 major cities. Global Crossing's operations are headquartered in Hamilton, Bermuda, with principal offices in Los Angeles, California; London, England; Amsterdam, The Netherlands; Madison, New Jersey; Rochester, New York; Sunnyvale, California; New York, New York; and Miami, Florida.

Visit Global Crossing at globalcrossing.com on the Web.

About Lucent Technologies

Lucent's Bell Labs has garnered more than 2,500 patents in optical technology alone. Lucent was first to market with a DWDM system in 1995, and has since shipped more DWDM systems than any other vendor. Lucent also was first to market with an all-optical switch - delivering the industry's first all-optical switch to a customer in July 2000. For more information about Lucent's Optical Networking Group, please visit its Web site at lucent-optical.com.

Lucent Technologies, headquartered in Murray Hill, N.J., USA, designs and delivers the systems, software, silicon and services for next-generation communications networks for service providers and enterprises. Backed by the research and development of Bell Labs, Lucent focuses on high-growth areas such as broadband and mobile Internet infrastructure; communications software; communications semiconductors and optoelectronics; Web-based enterprise solutions that link private and public networks; and professional network design and consulting services. For more information on Lucent Technologies, visit its Web site at lucent.com.

Statements made in this press release that state the Companies' or management's intentions, beliefs, expectations, or predictions for the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to complete systems within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price competitive marketplace; changes in the nature of telecommunications regulation in the United States and other countries; changes in business strategy; the successful integration of newly-acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission.

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