AFC and Positron Fiber SystemsAnnounce Agreement to Provide Integrated Residential and BusinessAccess Solutions for Carriers Worldwide
June 8, 1998 08:05 AM
ATLANTA--(BUSINESS WIRE)--June 8, 1998--
--OEM Agreement provides AFC with SONET/SDH capabilities,
enables provision of High Capacity Business Access solutions, Broadens PFS Market Penetration --
At SuperComm this week -- Positron Fiber Systems Corporation (PFS) announced that it has signed an original equipment manufacturer (OEM) agreement with Advanced Fibre Communications, Inc.(R) (AFC) AFCI , which will enable AFC to integrate the Positron OSIRIS(TM) Broadband Access Multiplexer family into its access product line which includes the UMC 1000(R) 3GDLC(TM). The products will be marketed under AFC's label as the AFC ANSR(TM) System.
"As local access networks worldwide become increasingly fiber-based, the demand for SONET and SDH technology in premier loop-access platforms such as AFC's UMC1000 platform is rapidly increasing" said Andrew Knott, PFS' Vice President of Sales and Marketing. "This agreement provides AFC with an integrated SONET and SDH solution allowing them to transport their wide range of access services (POTS, Data, xDSL based LAN delivery solutions, etc.) over highly resilient SONET or SDH based access rings and underscores PFS' continuing commitment to penetration of worldwide telecommunications markets through OEM partnerships."
"Our agreement with PFS provides our customer base with an integrated product solution for a number of SONET-based applications," said Gerry Sawchuk, Senior Manager of Product Line Management, at AFC. "It allows the UMC 1000 to leverage its 3GDLC(TM) capabilities with delivery of xDSL and Frame Relay/ATM data services to both business and residential users across SONET/SDH transport networks."
"The key to our "PFS Enhanced" OEM Partner strategy is to provide PFS Technology with access to new markets by integration of our products into major telecommunications manufacturers' solutions, enhancing both our horizontal and vertical market penetration. This exciting new relationship with AFC is a perfect example of this approach. Through its agreement with AFC, PFS now has a world class channel for our technology into the rapidly expanding NGDLC (Next Generation Digital Loop Carrier) marketplace as well as significantly enhancing our distribution in the US Independent Telephone Company and international marketplaces" added Knott.
Established in 1995, Positron Fiber Systems Corporation PFSCF is a leading manufacturer of innovative telecommunications equipment for high reliability and critical service applications. PFS provides solutions for the SONET and SDH broadband access markets with its Positron OSIRIS(TM) family of broadband access multiplexers, Positron MIST(TM) SONET transmultiplexer and Positron OSIRIS-VUE(TM) network management systems. OSIRIS provides Carriers with a flexible platform designed for both Central Office and Customer Premise applications and provides modular expansion from OC3 (155Mbps) to OC48 (2.5Gbps) in the field. OSIRIS' unique size, ease of installation, price and features allow Carriers to reduce the costs of broadband service provision while providing them with a cost-effective delivery vehicle for new service offerings. The Company's headquarters are in Montreal, Quebec, Canada. For more information on PFS, please contact Andrew Knott at +1-609-222-1288 or Ilene Adler at +1-415-288-0400. Home page: positronfiber.com.
AFC is a leading manufacturer of telecommunications systems for the "local loop" between telephone service users and public telephone networks worldwide. AFC has pioneered a single platform that supports any network, any transport, and any service. AFC's flagship product the UMC 1000(R) 3rd Generation Digital Loop Carrier(TM) provides any service from POTS to xDSL over copper, fiber, HDSL, and radio transport media. Additional information about AFC can be found on the web at fibre.com.
NOTE: Advanced Fibre Communications, AFC, the AFC logo, Universal Modular Carrier, and UMC 1000 are registered trademarks of Advanced Fibre Communications, Inc.
AFC Cautionary Language: Except for historical information contained in this press release, the foregoing contains forward looking statements that involve risks and uncertainties. Actual results may differ materially from the results predicted. The potential risks and uncertainties include, among others, that the combined solution will not provide the benefits described above, and that the alliance may not have a positive impact on AFC's financial results. More information about potential risk factors which could affect AFC's financial results is included in AFC's Form 10-K, which is on file with the Securities and Exchange Commission.
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.
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