ET-
Hope today's press release will bring ANTC to the trading point where I would like it to be. Read on:
Monday June 8, 8:30 am Eastern Time
Company Press Release
SOURCE: ANTEC Corporation
Cox Communications Selects ANTEC to Exclusively Supply Cornerstone
Cable Telephony in 8 Markets
Cable Telephony is Readily Available in Orange County, New England and Omaha
DENVER, June 8 /PRNewswire/ -- ANTEC Corporation (Nasdaq: ANTC - news) announced today that it has reached an
agreement with Cox Communications, Inc. (NYSE: COX - news) to supply the Cornerstone cable telephony system for Cox
systems in Orange County, Calif., New England (Metro Hartford, Conn. and Rhode Island), San Diego, Phoenix, Hampton
Roads, Va., New Orleans, Omaha and Oklahoma City. The five-year exclusive contract is valued in excess of $100 million.
This agreement represents the largest deployment of the Cornerstone system to date. Cornerstone is designed and
manufactured by Arris Interactive, a joint venture between ANTEC and Nortel.
''The deployment of cable telephony allows us to be a single, one-stop provider of total communications,'' said Chuck
McElroy, Vice President of Residential Broadband Services for Cox Communications. ''We really feel we have a partner with
ANTEC,'' added McElroy. ''We have a sincere interest on both sides, ours and theirs, to make this successful.''
''We are pleased to provide Cornerstone for Cox,'' said Bob Stanzione, President, ANTEC Corp. ''Cox Communications'
move into cable telephony is further proof that HFC telephony is absolutely real and a viable business opportunity for the cable
industry,'' said Stanzione. ''No other network can match broadband's capability.''
The Cornerstone system has already been deployed in Cox's Orange County, New England and Omaha markets. ANTEC will
continue to supply the Cornerstone system, as well as training and installation assistance.
Cornerstone is the most widely deployed cable telephony product in the world. It is comprised of two basic components: the
Host Digital Terminal and the Voice Port. At the headends/hubs, the Host Digital Terminal provides the interface to the digital
switch and the public switched telephone network. The Cornerstone Voice Ports provide digital intelligence at the subscriber's
premises and interfaces with their telephones, fax machines and computers, making it ideal for single-family dwellings,
multi-dwelling units and small businesses.
''By working with ANTEC, Arris and Nortel, we can connect the cable network, the switch and the Cornerstone Voice Port
on the side of the house, and we'll be able to track the operating systems that support those pieces of equipment to ensure that
they are integrated and working together effectively,'' said McElroy.
Based in Atlanta, Cox Communications, Inc. is among the nation's largest broadband communications companies, serving some
3.3 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; 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 also is an investor in numerous programming
networks including Discovery Channel. More information about Cox Communications can be accessed on the Internet at
cox.com.
ANTEC Corporation (http://www.antec.com) is an international communications technology company serving the broadband
information transport industries. ANTEC specializes in the manufacturing, materials management and distribution of products
for hybrid/fiber coax (HFC) broadband networks, as well as the design and engineering of these networks. Headquartered in
Norcross, Ga., ANTEC has sales offices in Europe, Asia/Pacific and Latin America; major divisional offices in Norcross, Ga.
and Denver; and manufacturing facilities in Juarez, Mexico, El Paso, Texas, Tinton Falls, N.J. and Rock Falls, Ill.
Cornerstone Fact Sheet
Cornerstone is the world's leading coax telephony system, using broadband hybrid fiber/coax (HFC) networks to provide
superlative phone service to residential and business customers. Cornerstone consists of telecommunications equipment and
services from Arris Interactive, a joint venture between ANTEC Corp. and Nortel (Northern Telecom).
Operator City Status Channel
Cox Communications Orange Co., CA In commercial service ANTEC
Cox Communications Omaha, NE In commercial service ANTEC
Cox Communications Hartford, CT In commercial service ANTEC
TCI Hartford, CT In commercial service ANTEC
Time-Warner Rochester, NY In commercial service ANTEC
Cablevision
Lightpath Long Island, NY In commercial service ANTEC
TBA US In trial ANTEC
TBA US In trial ANTEC
ITC Globe Newnan, GA In commercial service Nortel
Ironton Tel./Service
Electric Cable Pennsylvania In commercial service Nortel
COGECO Quebec, Canada In trial Nortel
NW Iowa Tel. Sargent's Bluff, IA In trial Nortel
TBA US In commercial service Nortel
TBA US In commercial service Nortel
Jupiter
Telecommunications
(TCI affiliate) Tokyo, Japan In commercial service Nortel
Titus Communications
(US West
Int'l affiliate) Tokyo, Japan In commercial service Nortel
VTR (UIH & SBC
affiliate) Santiago, Chile In commercial service Nortel
TBA Caribbean In trial Nortel
TBA Europe In trial Nortel
TBA Asia In trial Nortel
Market Status
-- More than 1.5 million Homes Passed
-- More than 33,000 Subscribers
-- Proven performance in 9 Global Markets
SOURCE: ANTEC Corporation
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Antec Corp (Nasdaq:ANTC - news)
Cox Communications Inc (NYSE:COX - news)
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