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

To: Mohammad Khan who wrote (8387)	10/1/1998 9:52:00 AM
From: Robert Gordon	Respond to of 10479

Osicom Sees Strong Demand For Its GigaMux Metro DWDM Ability To Deliver Bandwidth "Where and When It Is Needed" Is Key To Metro Demand SANTA MONICA, Calif.--(BUSINESS WIRE)--Oct. 1, 1998--Osicom Technologies, Inc. (NASDAQ:FIBR - news), today reported that it continues to experience increasing demand for its GigaMux(tm) Metropolitan DWDM (dense wavelength division multiplexing) solution among CLECs, cable operators, utilities, RBOCs, and other metro service providers. GigaMux is the industry's first deployable metro DWDM system. These metro service providers view DWDM as a clear alternative to the expense and delay of laying new fiber to meet their customers' growing bandwidth demands. Also, metro service providers are increasingly using DWDM to plan and manage growth of new fiber installations. Feedback from Osicom's current and potential customers, as well as interviews with industry analysts support this bullish outlook. Osicom has recently begun shipping to two new CLECs, thereby increasing its global roster of GigaMux customers to five. In addition, there are more than fifty-one potential metro customers - up from twenty-one in May of this year - each at a different stage of considering Osicom's GigaMux DWDM for network deployment. The two most recent metro customer additions are: TU Communications Inc., a subsidiary of Texas Utilities Company [NYSE:TXU - news]; and, one of the world's largest broadband communications companies. They join RTC (Real Time Centre), an information technology consortium of several banks in Switzerland; a European-based international telecommunications carrier; and, a major bank in Spain. In fact, RTC has continually expanded channel capacity since their initial GigaMux order early this year. ''As a company that has been defining the metro DWDM market, it is gratifying to see industry watchers and customers accept our vision of a DWDM system designed from the ground up to meet the unique needs of metro service providers,'' said Dr. Xin Cheng, president of Osicom. ''Our growing success in the marketplace is testament to our GigaMux DWDM solution. We will continue to lead the metro market through the expansion of our GigaMux family of products exemplified by our recently introduced 512 sub-channel EPC. Furthermore, we are also extending the use of our DWDM technology that will open new opportunities for Osicom.'' About GigaMux Osicom's GigaMux line of DWDM transforms existing fiber from a dedicated, single-application medium into a versatile conduit capable of simultaneously transporting up to 32 independent optical channels. It increases the total bandwidth of a single fiber from 2.5 Gbps to 80 Gbps. GigaMux supports fault tolerant DWDM rings as well as point-to-point network configurations. It is protocol transparent and data rate independent in the entire 51 Mb/s through 2.5 Gb/s range. GigaMux's breakthrough EPC optical and electronic sub-rate multiplexing technology provides 512 sub-channels with direct optical and electrical interfaces to customer premise equipment and carries voice, video and data traffic. About Osicom Osicom Technologies is a leading provider of integrated networking and bandwidth aggregation solutions for enhancing the performance of existing data and telecommunications networks. The Company combines expertise across multiple disciplines to offer fiber transport, remote access, virtual private networking, video switching and transport, and network systems-on-silicon to carrier and enterprise customers. The Company brings value to its customers by offering end-to-end, single vendor solutions as an integrated set. Osicom's offerings feature open architectures, offer complete scalability and fully support industry standards. The Company's flagship products are the GigaMux family of Dense Wavelength Division Multiplexers (DWDM) for short-haul Metro applications, the NET+ARM system-on-silicon for network connectivity, and the IQX-200 family of scaleable Remote Access Servers.