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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: The Phoenix who wrote (47244)	1/25/2001 2:45:12 PM
From: The Phoenix	Respond to of 77400

Cisco not looking so sharp today. Here's some positive news..... maybe we can hold above $39. biz.yahoo.com Carrier1 Chooses Cisco Systems to Speed-Up Its IP Services LONDON--(BUSINESS WIRE)--Jan. 25, 2001--Cisco Systems, Inc., the worldwide leader in networking for the Internet, today announced its latest implementation at Carrier1, a pan-European facilities based provider of end-to-end Internet, voice, bandwidth, data centre and access solutions. Cisco will deploy several 12000 Series routers to upgrade the Carrier1 backbone. This upgrade will provide Carrier1 with a high-speed, stable and resilient backbone enabling it to transport IP services to its customers at much greater speed. Carrier1 has a presence in 12 European countries and provides an extensive range of IP services to telecommunications service providers across Europe. Due to increasing demand and an expanded service offering that embraces the ever-growing array of New World applications, Carrier1's existing backbone needed to scale. Carrier1 looked to Cisco to provide a rapidly deployed solution that would not only meet its needs today but also fulfil future requirements. Carrier1 took great care to ensure the solution it chose was right for its particular needs. Terje Nordahl, chief operating officer of Carrier 1 comments, ``Our company, and the telecom sector in general, has grown extensively in a short period of time and continues to do so. The ever-increasing traffic we have experienced as a result of this growth meant that we invested to sustain that demand. Our optical backbone across Europe currently operates at multiple 10 Gigabit level, and we will provision both 2,5 and 10 Gigabit services on this network, with extensions into our Metropolitan Rings. The Cisco 12000 series Internet routers are enabling our Internet backbone network to run at the 2.5 Gigabit level, achieving Tier 1 status across Europe and into the U.S.'' Carrier1 will use the Cisco 12000 Series Internet routers to enable key value-added services based on MPLS and real-time content delivery using Multicast. Duncan Mitchell, vice president, Network Service Providers, Cisco Systems EMEA comments, ``Carrier1 made it clear to Cisco it fully anticipates the growth in Internet to have a significant effect on its customers' requirements. It was therefore imperative that the solution it opted for be able to provide for today's services and yet have the capabilities to seize new opportunities as they arose. We are delighted Carrier1 has chosen Cisco to assist it in enabling the exciting services and applications that are sure to develop as data services begin to dominate service providers' agendas. The solution they have chosen will not let them down.'' Cisco's gold partner, NCR will assist it in the rollout of the solution at Carrier1. About Carrier1 Carrier1 International S.A. is a leading European provider of end-to-end Internet, voice, bandwidth, data-centre and access solutions to large users of communication services. Carrier1 provides its clients with carrier-grade transport and network solutions as well as end-user ready value added services. Carrier1 customers brand and market these solutions and services to their respective end-users. The Carrier1 pan-European, inter-city fiber network connects 12 countries and currently spans over approximately 14,000 contracted route kilometers, connecting points-of-presence in over 20 European cities. Carrier1 is operational in all 12 countries and has secured all the necessary interconnects and operational licenses that allow it to provide network solutions and end-user-ready, value-added services. Carrier1 has completed 2 metro ring fibre networks and is currently constructing 6 metro ring fibre networks and expanding one existing metro fibre network. Carrier1 plans to build/acquire at least 12 additional city-ring fiber networks. Carrier1 has space available for service in Digiplex data centre facilities and in 8 Carrier1 network service areas. These co-location facilities are marketed under the name ClearSpace. About Cisco Systems Cisco Systems, Inc. (Nasdaq:CSCO - news) is the worldwide leader in networking for the Internet. News and information are available at www.cisco.com. Note to Editors: Cisco, Cisco Systems, and the Cisco Systems logo are registered trademarks of Cisco Systems, Inc. and/or its affiliates in the U.S. and certain other countries. All other trademarks mentioned in this document are the property of their respective owners.