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Technology Stocks : Osicom(FIBR) -- Ignore unavailable to you. Want to Upgrade?


To: CMS27 who wrote (8034)8/17/1998 12:55:00 PM
From: Elliott Dunwody  Respond to of 10479
 
August 17, 1998 12:46 PM

SANTA MONICA, Calif.--(BUSINESS WIRE)--August 17, 1998--Osicom Technologies, Inc. FIBRD , today announced its first sale of a GigaMux(tm) dense wave division multiplexing ("DWDM") system to a national telephone company in Western Europe. The purchase order, received from a Paris-based system integrator, calls for Osicom to install a system with the capacity to carry 10 Gigabits per second system (Gps) over a single fiber, expandable up to 80 Gps, as the first step in a potentially broader deployment of DWDM within the end-user's network. Osicom has not yet received approval to disclose the identity of the end-user, identifying it only as a Western European national telco.

Said Osicom President Dr. Xin Cheng, "This particular order is of significance to us because it represents the first time a national telephone company in Europe has adopted GigaMux as its Metro DWDM solution. This telco did not require a trial prior to its purchase decision, but instead relied on test data generated from the multiple GigaMux trials potential end-users have been conducting elsewhere in Europe this spring and summer."