To: stockbug who wrote (23476 ) 5/14/1998 6:21:00 PM From: Glenn D. Rudolph Respond to of 36349
This is likely on here but just in case:Nortel Announces Integration Agreement With PairGain Technologies Business Wire - May 14, 1998 15:24 %PAIRGAIN-TECH %NORTEL PAIR %CALIFORNIA %GEORGIA %TELECOMMUNICATIONS %COMPUTERS %ELECTRONICS %COMED %PRODUCT %TRADESHOW V%BW P%BW ATLANTA--(BUSINESS WIRE)--May 14, 1998--Nortel (Northern Telecom) and PairGain Technologies Inc. Thursday announced that an agreement has been signed to use PairGain's market-leading HDSL (High-bit-rate Digital Subscriber Line) technology as a cost-effective, integrated feeder to Nortel's AccessNode Express platform. The integrated technology is available now -- enabling quick time-to-market and broader deployment for a wide variety of revenue-generating services via the AccessNode Express. The new AccessNode Express integrated HDSL feeder will be showcased at SUPERCOMM '98 in June. "The collaboration between Nortel and PairGain to provide an integrated HDSL solution will enable service providers to meet the bandwidth needs of even more customers and to accomplish this cost-effectively at very low line sizes," said Don Richmond, vice president and general manager, Access Networks, Nortel. HDSL allows data transmission at speeds up to 1.5 Mbps over standard copper twisted pair wires. Because HDSL delivers a T1 rate and does not need signal amplification or regeneration for distances up to 12,000 feet, it has become a very low-cost means to deploy T1 services. Integrated HDSL technology further benefits service providers via Nortel's new AccessNode Express 24L, a compact, 24-line, full-service remote. HDSL feeders can be used to cost-effectively satisfy even the smallest line size sites. "We are pleased to extend the reach of our HDSL technology to the many service providers deploying Nortel's AccessNode Express," said Howard Flagg, president, PairGain Technologies. "Low implementation and maintenance costs make HDSL ideal for low line size applications." Nortel's AccessNode Express, the first scaleable, combined voice and data product, cost-effectively extends AccessNode advanced voice and data services to small and medium serving areas -- delivering benefits such as service-adaptive access, flow-through provisioning, and remote inventory by means of Nortel's state-of-the-art OAM&P. AccessNode Express has enjoyed wide-spread market acceptance since deployment in November 1997 with more than 1,200 units in service to date. PairGain Technologies (Nasdaq:PAIR) is the world leader in the design, manufacture and marketing of advanced xDSL (high-speed Digital Subscriber Line) communications systems. PairGain's products allow telephone companies, independent carriers, Internet service providers, and private network administrators to rapidly deploy high-speed data, video, and voice applications to end users over the existing infrastructure of copper telephone lines. PairGain's HiGain, PG-Plus(TM), PG-Flex(TM), Megabit Access and campus area network products are marketed under the trademark CopperOptics(R), indicating their ability to provide fiber optic quality transmission over the "last mile" in both public and private networks worldwide. Nortel works with customers in more than 150 countries and territories to design, build and integrate their communications products and advanced digital networks. Customers include public and private institutions; Internet service providers, local, long-distance, cellular mobile and PCS communications companies; cable television companies, and utilities. Nortel had 1997 revenues of US$15.5 billion and has approximately 73,000 employees worldwide. CONTACT: Nortel, Atlanta Michelle Murray, 770/708-4434 E-mail: michelle_murray@nortel.com Web: www.nortel.com or PairGain Technologies Inc., Tustin, Calif. Kim Gower, 714/730-2330 E-mail: kim_gower@pairgain.com