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Technology Stocks : PairGain Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Gary Korn who wrote (25563)	8/25/1998 12:02:00 PM
From: Bobby G.	Respond to of 36349

Gary, Only DSL news I could find so far: Tuesday August 25, 9:00 am Eastern Time Company Press Release SOURCE: Orckit Communications Ltd. Orckit Wins HDSL Contract in Czech Republic TEL AVIV, Israel, Aug. 25 /PRNewswire/ -- Orckit Communications Ltd. (Nasdaq: ORCTF - news) announced that SPT TELECOM, a.s., the national telecommunication operator of the Czech Republic, selected the CopperTrunk(TM) HDSL product line for deployment. In a competitive evaluation that took place in four different Czech Republic regions, Orckit's HDSL systems performed better in noisy environments than the other HDSL systems tested. In addition, Orckit's Network Management System enables SPT TELECOM to test, monitor and configure the systems remotely, giving the operator advantages in developing its network. ''This is a brand new account for Orckit, and we are looking forward to expanding into Central and Eastern Europe to meet the growing demand for telecom access and transport products,'' said Izhak Tamir, Orckit President. SPT TELECOM, a.s. is the leading telecommunications company in the Czech Republic and one of the largest commercial organizations in the country. It offers a wide range of voice and data services through its nationwide telephone network, as well as mobile phone services. SPT TELECOM's market capitalization makes it one of the largest publicly quoted companies in Central Europe. Orckit Communications is a leading company in the field of Digital Subscriber Line, or ''DSL,'' solutions, which enable telephone companies and Internet Service Providers to optimize the bandwidth utilization of the ''last mile'' of copper wire in the Local Loop. Orckit possesses both core silicon expertise and a wide range of DSL products, including its FastInterne(TM) DSLAM System with ADSL, and its CopperTrunk(R) HDSL and VDSL product lines. Orckit has key strategic alliances with several leading semiconductor companies and telecom equipment providers. For more information about Orckit and its DSL solutions, For more information about Orckit and its DSL solutions, visit Orckit's web site at orckit.com. Certain matters discussed in this news release are forward-looking statements that involve a number of risks and uncertainties including, but not limited to, risks in product development plans and schedules, rapid technological change, changes and delays in product approval and introduction, customer acceptance of new products, the impact of competitive products and pricing, market acceptance, the lengthy sales cycle, proprietary rights of the Company and its competitors, risk of operations in Israel, government regulation, dependence on third parties to manufacture products, general economic conditions and other risk factors detailed in the Company's United States Securities and Exchange Commission filings. SOURCE: Orckit Communications Ltd. Bobby G