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Technology Stocks : ADC Telecommunications -- Ignore unavailable to you. Want to Upgrade?

To: Rainmaker who wrote (1331)	12/21/2000 8:07:20 PM
From: max power	Read Replies (1) \| Respond to of 1944

ADC and Open Telecom Bring Broadband Wireless Access Services to the Caribbean ADC’s Axity™ System to Provide Voice and High Speed Internet Services Over to Businesses and Consumer Customers in Trinidad MINNEAPOLIS – December 21, 2000— ADC (Nasdaq: ADCT; www.adc.com), a leading global supplier of fiber optics, network equipment, software and integration services for broadband, multiservice networks, and Open Telecom, a Caribbean wireless communications solution provider, today announced a purchase order to develop and deploy multichannel multipoint distribution service (MMDS) broadband wireless systems in the Caribbean. The initial deployment specifies two-way transmission facilities that will provide high-speed Internet services to the capital city of Port-of-Spain with additional deployments planned for the coming year. “We are excited to deploy ADC’s Axity™ system in Trinidad and the Caribbean and anticipate full deployments in each of the markets we operate,” said Nicholas Look Hong, operations manager of Open Telecom Ltd. “Axity will enable us to provide enhanced wireless broadband data services to our customers who are seeking faster and more reliable communication networks. ADC has a proven track record in wireless cable television, and we believe Open Telecom has found the right ally to take us into this new and exciting business.” Axity is a carrier-class solution that enables providers to deliver two-way high-speed voice and data over the MMDS spectrum. With experience in MMDS RF technology design and manufacture and its broad range of standards-compliant hardware and software, ADC provides an end-to-end solution for MMDS deployment, including network planning, design and integration services. "We are pleased that Open Telecom has recognized ADC's global leadership in broadband wireless access and the inherent benefits of our Axity system," said John Frederick, vice president and general manager of the Broadband Wireless Access Division. "Our strong technical and management team looks forward teaming up with Open Telecom with a rapid deployment of a pioneering carrier-class, two-way MMDS system in the Caribbean." About ADC ADC is The Broadband Company™. ADC's fiber optics, network equipment, software and integration services make broadband communications a reality worldwide by enabling communications service providers to deliver high-speed Internet, data, video and voice services to consumers and businesses. ADC (Nasdaq: ADCT) has annual sales of over $3.2 billion and employs more than 22,400 people worldwide. ADC's stock is included in the Standard & Poor's 500 Index and the Nasdaq-100 Index. Learn more about ADC Telecommunications, Inc. at www.adc.com .