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Technology Stocks : Advanced Fibre (AFCI) ** IPO -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Jordan who wrote (1036)	10/9/1998 12:56:00 PM
From: Roy F	Respond to of 3299

AFC Announces Litigation Victory Over Acer Netxus, Inc. October 9, 1998 12:20 PM PETALUMA, Calif., Oct. 9 /PRNewswire/ -- Advanced Fibre Communications(R), Inc. (AFC) AFCI announced today that is has favorably resolved its two-year litigation dispute with Taiwan-based Acer Netxus, Inc. Through a federal court complaint filed in September, 1996, and related arbitration proceedings, AFC had charged Acer Netxus with trade secret misappropriation and other legal violations arising from Acer Netxus' manufacture and sale of its AXC-2000 and AXS-3000 digital loop carrier systems. On the eve of a scheduled arbitration trial, Acer Netxus agreed to terminate its development, manufacture and sale of these two systems, and to entry of a federal court permanent injunction. On September 22, 1998, the United States District Court, Northern District of California, entered a Permanent Injunction And Final Judgment in favor of AFC that: 1. Enjoins Acer Netxus from selling any digital loop carrier system for at least one year; 2. Permanently enjoins Acer Netxus from developing, manufacturing, or selling any device that uses or derives from UMC 1000 technology, including its AXC-2000 and AXS-3000 systems; 3. Requires that Acer Netxus destroy all work product and inventory related to the AXC-2000 and AXS-3000 systems; and 4. Permanently enjoins Acer Netxus from developing, manufacturing, or selling any digital loop carrier product, except one that is the product of strict clean room development or based on licensed third party technology not derived from AFC's UMC 1000. AFC is a leading manufacturer of telecommunications systems for the "local loop" between telephone service users and public telephone networks worldwide. AFC has pioneered a single platform that supports any network, any transport, and any service. AFC's flagship product the UMC 1000(R) 3rd Generation Digital Loop Carrier(TM) provides any service from POTS to xDSL over copper, fiber, and wireless transport media. Additional information about AFC can be found on the Internet at fibre.com. NOTE: Third Generation Digital Loop Carrier, 3rd Generation Digital Loop Carrier, and 3GDLC are trademarks, and Advanced Fibre Communications, AFC, the AFC logo, Universal Modular Carrier, and UMC 1000, Any Network, Any Transport, Any Service are registered trademarks of Advanced Fibre Communications, Inc. SOURCE Advanced Fibre Communications