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


To: Wallace Rivers who wrote (1933)8/9/2008 6:57:57 PM
From: rrufff  Respond to of 1944
 
I believe you're correct re ADCT. I've been buying a bit here for that reason. The business is good. Management shouldn't have tried to get that extra short percentage but others made the same mistake. As you suggest, these losses may not actually occur.



To: Wallace Rivers who wrote (1933)8/13/2008 10:31:06 AM
From: rrufff  Read Replies (1) | Respond to of 1944
 
ADCT 10.28 + .12

ADC Signs Wireless Distribution Agreement with Canadian DistributorLast update: 8/13/2008 7:00:01 AMCrossover Distribution.com Corp to Promote ADC's InterReach Fusion and InterReach Unison Systems in Canada MINNEAPOLIS, Aug 13, 2008 (BUSINESS WIRE) -- ADC (ADCT) () today announced that it has signed a wireless distribution agreement with Crossover Distribution, a major Canadian distributor of wireless, telecom and CATV solutions based in Mississauga, Ontario. Through this agreement, Crossover Distribution will help expand ADC's market footprint in Canada through its nationwide network of certified VARs and resellers. Crossover Distribution will promote ADC's InterReach Unison(R) and InterReach Fusion(R) in-building cellular products, including a new version of InterReach Fusion designed exclusively for Canadian markets (see ADC Introduces InterReach Fusion System for Canadian Market press release, July 8, 2008).

"We are seeing growing demand for reliable, cost-effective in-building cellular solutions across Canada as our customers increase their reliance on wireless voice and data networks," said Darin Gibbons, vice-president of sales and marketing for Crossover Distribution. "ADC's solutions will allow us to enhance cellular coverage in large enterprise buildings and public venues, and will also give us the ability to provide multi-carrier solutions, as these are requirements our current offerings do not address."

"ADC is recognized as a global leader in providing network infrastructure products and services to the service provider community and they are a natural fit for Crossover's growing cellular business," said John Taylor, president of Crossover Distribution.

ADC's market-leading, in-building cellular systems have been deployed in over 12,000 locations worldwide. InterReach systems offer active, hub-and-spoke architecture that offers consistent signal strength at each remote antenna and enables full, end-to-end monitoring.

"Our new Fusion system supports all major Canadian carrier frequencies, and is being deployed to support the 2010 Winter Olympics in Vancouver," said John Spindler, vice president of product management for ADC. "This new partnership with Crossover Distribution will help accelerate our market growth for this system and other ADC solutions in Canada."

About Crossover Crossover Distribution.com Corporation is a value-added distributor of wireless broadband, in-building cellular, telecom and CATV technologies to the North American marketplace. These technologies are purchased by telephone companies, Internet service providers, cable TV operators and a national network of integrators, certified dealers, value-added resellers and contractors. Crossover provides full service sales, engineering, technical support and training for their key vendor partners. They have a breakthrough, secure, password protected E-Commerce website that resellers can use to place and track orders, as well as review ordering history and pricing rates. With offices in Toronto, Vancouver and Montreal, they offer nationwide coverage and smooth order fulfillment. For more information, please visit About ADC Network Solutions ADC's Network Solutions Business Unit offers products that deliver high-performance wireless coverage and capacity to business and consumer subscribers in any indoor or outdoor location. ADC is the global leader in advanced in-building wireless solutions and compact network systems, and is a leader in solutions that enhance coverage in macro networks. About ADC ADC provides the connections for wireline, wireless, cable, broadcast, and enterprise networks around the world. ADC's innovative network infrastructure equipment and professional services enable high-speed Internet, data, video, and voice services to residential, business and mobile subscribers. ADC (ADCT) has sales into more than 130 countries. Learn more about ADC at .

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Such forward-looking statements include expectations and beliefs related to ADC's future financial performance. The statements made by ADC are based upon management's current expectations and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include those identified in the section captioned "Risk Factors" in Item 1A of ADC's Annual Report on Form 10-K for the year ended October 31, 2007, as may be updated in Item 1A of ADC's subsequent Quarterly Reports on Form 10-Q or other filings ADC makes with the SEC. ADC disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. SOURCE: ADC