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To: SteveG who wrote (2028)	3/25/1998 8:58:00 AM
From: Mark Oliver	Respond to of 4134

Cox Communications and Positron Fiber Systems Sign SONET Access Supply Agreement biz.yahoo.com PFS to become Main Supplier of SONET Access Systems for Cox Communications, Inc., Agreement to provide Cox with Integrated Voice and LAN delivery platform MT LAUREL, N.J.--(BUSINESS WIRE)--March 25, 1998-- Positron Fiber Systems Corporation (PFS), today announced that it has signed a long term supply agreement with Atlanta-based Cox Communications. Terms of the agreement identify PFS as Cox's main supplier of SONET OC3/OC12 Broadband Access Systems. Furthermore, PFS will provide Cox with the Positron OSIRIS(tm) Broadband Access Multiplexer, Positron MIST(tm) SONET Transmultiplexer and Positron OSIRIS-VUE(tm) Management and Provisioning System. ''PFS products are an ideal fit for Cox's goal of becoming a 'one-stop' shop for complete telecommunications services'' said Mark Davis, director of telephony engineering for Cox Communications, Inc. ''They provide a range of cost-effective solutions including integrated LAN and voice delivery over SONET. These solutions allow us to deliver multiple customer services on the same platform while integrating directly with our 'Ring-in-Ring' architecture which provides our customers with nearly 100 percent network reliability.'' To provide Cox with top level service, PFS will open a support facility in Atlanta, complete with lab testing equipment and support staff. ''We feel this new facility underscores PFS' continuing commitment to their customers,'' added Davis. ''In concrete terms, this type of customer support is the real foundation of our growth, in addition to providing latest-generation products,'' said Andrew Knott, PFS' vice president of Sales & Marketing. ''The OSIRIS system was specifically designed for competitive carriers to reduce their costs of deploying new services and to provide new revenue generating opportunities. Cox is pushing forward the boundaries of integrated service delivery in the U.S. and we are very excited to be working with them. We feel strongly that to be competitive in this market, integration is key.'' Based in Atlanta, Cox Communications, Inc. (NYSE: COX - news) is among the nation's largest broadband communications companies, serving more than 3.2 million customers. As a full-service provider of telecommunications products, Cox offers an array of services including cable television under the Cox Cable brand; local and long-distance telephone services under the Cox Digital Telephone brand; high-speed Internet access via Cox@Home; direct-to-home satellite television via PrimeStar by Cox; commercial voice and data services via Cox Fibernet and Cox@Work; and advanced digital video programming services under the Cox Digital TV brand. Cox is an equity partner in Sprint PCS, the nation's first national wireless personal communications service (PCS); and is an investor in numerous programming networks including The Discovery Channel. The editors of Cablevision magazine, a cable industry trade publication, recently named Cox ''Operator of the Year'' for the second time based on the company's quality of management, customer relations, community service and financial acumen. More information on Cox Communications can be found on the Internet at www.cox.com. Positron Fiber Systems Corporation (NASDAQ: PFSCF, MSE/TSE: PFS) is dedicated to providing innovative and highly reliable solutions for the SONET and SDH broadband access markets. PFS equipment is sold and supported worldwide. For more information on PFS, please contact Andrew Knott at +1-609-222-1288 or Ilene Adler at +1-201-461-1400. Home page: positronfiber.com. In this announcement, Positron Fiber Systems Corporation makes forward-looking statements within the meaning of U.S. federal securities laws that involve a number of risks and uncertainties, including statements regarding the company's expectations, beliefs, intentions or strategies regarding the future. Among the factors that could cause actual future results to differ materially from those anticipated are general competitive pressures in the marketplace, the company's success in developing, introducing and gaining market acceptance for new products, its customer and product concentration, its dependence on suppliers, third party manufacturers and distributors, its ability to manage expansion, its dependence on the success of an evolving industry and factors such as changes in general economic conditions or conditions in the specific markets for the company's products and government regulation. Such risk factors and others are discussed in the company's registration statement on Form F-1 as filed with the Securities and Exchange Commission. ------------------------------------------------------------------------ Contact: PFS Contacts: Andrew Knott Vice President, Sales & Marketing Positron Fiber Systems 609-222-1288 aknott@positronfiber.com OR Ilene Wiener Adler Public Relations Counsel PR@VANTAGE 201-461-1400 ilenew@pr-vantage.com OR Cox Contact: Bobby Amirshahi Cox Communications 404-843-7872 bobby.amirshahi@cox.com

To: SteveG who wrote (2028)	3/25/1998 3:16:00 PM
From: Mark Oliver	Respond to of 4134

Talks to merge cable modem leaders ended DENVER (Reuters) - Talks to create a giant cable Internet service combining cable-modem leaders Tele-Communications Inc affiliate AtHome and Time Warner's Road Runner have ended, an official said Tuesday. Tele-Communications President Leo Hindery confirmed recent news reports saying that the AtHome/Road Runner merger talks had failed. "I can confirm that the talks have been terminated," Hindery told reporters after addressing analysts and lenders at the company's annual conference. He declined to disclose why the talks had ended. Road Runner and At Home are the two leading cable television-owned Internet services. At Home is about 84 percent owned by TCI and minority stake holders include Cox Communications and Comcast.