Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: gbh who wrote (48127)	6/5/1998 12:38:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 61433

mPhase Calls Sprint's Fast Break a "Wake Up Call" for Broadband Delivery Business Wire - June 05, 1998 12:28 %MPHASE-TECHNOLOGIES XDSL %CONNECTICUT %COMPUTERS %ELECTRONICS %INTERACTIVE %MULTIMEDIA %INTERNET %COMED %TELECOMMUNICATIONS %PRODUCT V%BW P%BW NORWALK, CT--(BUSINESS WIRE)--June 5, 1998-- mPhase "Traverser" delivers MPEG II video After analyzing news releases concerning the recent Sprint Corporation (NYSE-FON) announcement of project FastBreak, mPhase Technologies Inc. (OTC-BB:XDSL) has concluded that Sprint's five-year, $2 billion national backbone effort, called the Integrated On-Demand Network, is a positive announcement for mPhase. Whereas the Sprint announcement deals with overall broadband delivery, the mPhase "Traverser" product line specifically addresses a cost effective way for households to receive Digital TV, high speed access to the Internet, along with traditional telephone services in an all-in-one billing solution utilizing a single pair of unshielded telephone wire from central office to customer premise. mPhase's unique, end-to-end solution also allows flexibility in partitioning the bandwidth for business users' specific needs. According to David L. Klimek, Director of Engineering for mPhase, "The Sprint announcement is seen as a positive for mPhase, as it should compel incumbent service providers to react more quickly to the competitive threat to their existing customer bases." In its press release, Sprint promises to "fundamentally alter telecommunications economics, as customers will be charged for the amount of data delivered, rather than measuring the numbers of minutes spent on the line." "The network will be available to business customers by mid-1999 and to consumers by the end of 1999," stated Sprint. However, the Sprint newly promised network does not address the "last mile" issue, which is who controls the local copper loop from the serving Central Office to the business or residential customer. "Sprint will have to rely on unprecedented cooperation from the local incumbent to get data into homes and offices," explained Mr. Klimek. "Sprint's network is 'data-only' referring only to video conferencing or video for the Internet and not real-time MPEG-2 video. On the other hand, the mPhase Digital Video and Data Delivery System allows ILECs, CLECs, and RBOCs to deliver multi-channel entertainment-quality, full-screen, real-time broadcast video and high-speed Internet access without disrupting normal telephone service. Not only is traditional dialtone preserved, but also the local switch is unburdened from Internet traffic congestion. mPhase has recently completed field testing of MPEG-2 digital video delivery via DS-3 over the SONET ring to the Central Office and MPEG-2 digital video delivery over traditional twisted pair from the Central Office to the customer," said Mr. Klimek. mPhase is exhibiting its proprietary technology at booth #1019 at SuperComm in Atlanta next week. CONTACT:Ronald A. Durando David L. Klimek President & CEO Director of Engineering mPhase Technologies Inc. mPhase Technologies Inc. 203-831-2250 404-894-0985 Fax: 203-853-3304 dklimek@mPhaseTech.com Email: rdurando@mPhaseTech.com mphasetech.com or Vicki Weiner VMW, Inc. 212-605-3140 Fax: 212-605-3146 Email: vmweiner@aol.com