SI
SI
discoversearch

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 : FORE Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Boris Reynov who wrote (8737)6/10/1998 9:15:00 AM
From: Pirate  Read Replies (1) | Respond to of 12559
 
>The following press release was issued over the wire at 8:00 AM, Tuesday,
>June 9, 1998:
>
>
>FORE Systems Contacts:
>Rich Borden/Jim Blew
>Public Relations
>Phone: (724) 742-4444
>Fax: (724) 742-7742
>Email: rborden@fore.com/jblew@fore.com
>
>FORE ATM GIVES LEGS TO TIME WARNER'S ROAD RUNNER HIGH-SPEED WEB ACCESS SERVICE
>
>High-performance WAN Solution Supports aVariety of Interactive Services for
>Florida Customers
>
>Atlanta, GA - June 9, 1998 - Crawling web pages, busy signals from Internet
>Service Providers (ISPs) and other roadblocks on the information highway
>are now a thing of the past for home PC users in the Tampa/St. Petersburg/
>Clearwater area, thanks to a high-speed cable Web access service from Time
>Warner Communications that runs over an asynchronous transfer mode (ATM)
>backbone provided by FORE Systems, Inc. (NASDAQ: FORE), a global supplier
>of networking solutions based on an Intelligent Infrastructure.
>
>The announcement was made today at the SuperComm '98 exhibition in Atlanta
>(Booth #7407).
>
>Time Warner's new ATM network supports the company's innovative Road Runner
>Web access service. Road Runner is a unique, two-way cable modem service
>that provides instantaneous Internet access, email and other services at
>speeds up to 100 times faster than conventional telephone modems.
>Introduced in August 1997, Road Runner is currently used by several
>thousand subscribers in the Tampa/St. Petersburg/Clearwater
>region-Time-Warner's second-largest service area.
>
>The network also will be used to support Time Warner's new Pegasus digital
>video service, offering more than 200 channels, scheduled for roll-out
>during the second quarter of 1998. In addition, the company plans to
>utilize the network for its impulse pay-per-view service-which will enable
>subscribers to interactively order movies and other events through their
>televisions-with roll-out targeted for the third quarter of 1998.
>
>Time Warner's Road Runner network runs over an OC-48 (2.5 Gbps) SONET that
>stretches over a 100-mile radius in the Tampa/St. Petersburg/Clearwater
>area. ForeRunner ASX-1000 ATM switches located in Time Warner's North
>Tampa data center anchor the ATM backbone. The system's 45 network
>servers, comprising more than 4 terabytes of data, are connected to the
>network over OC-3 (155 Mbps) fiber and are equipped with ForeRunner ATM
>adapter cards. Currently, 27 of the system's 70 local distribution hubs
>house ForeRunner ASX-200BX ATM switches, which connect to the data center
>over an OC-48 fiber backbone. Each distribution hub services approximately
>20,000 homes. Each neighborhood in a given distribution area, representing
>approximately 500 homes, is connected to a single port on the ForeRunner
>ASX-200BX, enabling Time-Warner to provide each home with
>10BaseT-equivalent service (up to 10 Mbps throughput).
>
>"ATM offers a number of inherent advantages that make it the logical
>backbone technology choice for Time Warner," says Mark Bailey, vice
>president and general manager, online services, for Time Warner
>Communications. "Aggregating traffic over the ATM backbone gives us fast,
>reliable, secure communication required for a wide range of services
>connected with Road Runner. It also gives us the bandwidth required to
>handle a much wider range of products over the same fiber-optic
>infrastructure. ATM allows us to utilize the bandwidth as we need it,
>without having to add costly new fiber."
>
>According to Bailey, ATM's inherent flexibility and scalability will enable
>Time Warner to leverage its infrastructure investment to generate
>incremental revenue growth from current customers and attract new subscribers.
>
>"We see the future of ATM as very bright in this industry," Bailey says.
>"The types of products operators will roll out in the future will be
>extremely bandwidth-intensive, and ATM's ability to scale to as much as
>OC-48 will be essential for getting these services to our customers. The
>ability to add these services and other new applications to our existing
>fiber ring via ATM enables us to not only justify the investment in
>fiber-optic, but to extend that investment's return well into the future."
>
>Bailey notes that FORE's ATM solution was selected based on both
>performance and price criteria.
>
>"FORE Systems has a reputation as a leader in ATM technology, the products
>to back up that claim, and they've been doing cell switching longer than
>anyone-while other vendors continue to push frame or packet traffic over
>ATM," says Bailey. "FORE's engineering team presented a compelling
>argument for price and performance, and the applications they have placed
>in the field demonstrate the trust that major companies have placed in
>FORE's products. The solution they've provided is top-notch, and their
>technical support adds an equally important comfort level. We're very
>comfortable with the relationship."
>
>"To see the future of high-performance networking, one need look no further
>than Time Warner Communications," says Ron McKenzie, vice president,
>strategic marketing, FORE Systems. "We're proud to provide the Intelligent
>Infrastructure that enables consumers to enjoy the convenience of low-cost,
>high-performance communication and entertainment services like Road Runner
>and Pegasus."
>
>About FORE Systems
>FORE Systems is a leading global supplier of networking solutions based on
>an Intelligent Infrastructure designed to handle the networked applications
>of today and tomorrow.
>
>FORE's Networks of Steel deliver the increased capacity, reduced complexity
>and unparalleled flexibility and scalability necessary to build networks
>that last. Thousands of enterprise and service provider customers
>worldwide have put FORE Systems' solutions at the heart of their networks.
>
>For more information on FORE's Networks of Steel, call (888) 404-0444 or
>visit the FORE Systems web site at www.fore.com.
>
>This press release contains forward-looking statements with respect to
>products, customers and other matters. Please refer to the Annual Report
>on Form 10-K filed by FORE Systems with the Securities and Exchange
>Commission in June, 1997 for a discussion of risks that could cause actual
>results to differ materially from such statements.
>
># # #
>
>All FORE Systems' editorial information and graphics can be found on
>NEWSdesk, the high-tech Internet Network at newsdesk.com.
>