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

To: DAVID HU who wrote (1233)	11/23/1998 8:28:00 AM
From: Bill Fortier	Read Replies (1) \| Respond to of 3299

To All! Monday November 23, 8:01 am Eastern Time Company Press Release SOURCE: Advanced Fibre Communications, Inc. Advanced Fibre Communications and France Telecom Extend Supply Contract PETALUMA, Calif., Nov. 23 /PRNewswire/ -- Advanced Fibre Communications®, Inc. (AFC) (Nasdaq: AFCI - news) announced today that France Telecom [NYSE:FTE - news], the fourth largest telecommunications service provider in the world, has renewed its supply contract for AFC's UMC 1000® Next Generation Digital Loop Carrier (NGDLC), extending current supply commitments through December of 1999. AFC's UMC 1000 has been deployed throughout France Telecom's networks since September, 1996 to deliver POTS services over E1-HDSL. The renewed contract substantiates AFC's presence within France Telecom as a primary multiplexer vendor. ''We look forward to expanding our product and service offerings to France Telecom as we continue to provide industry leading solutions that address the needs of their growing customer base,'' says Gregory A. Peters, vice president of International Operations at AFC. The UMC 1000 fits France Telecom's strategic plans and allows them to fully utilize their current network without the expense of adding expensive copper cable. In an increasingly competitive market, it has become critical for France Telecom to maximize its network by deploying equipment that seamlessly transitions to meet emerging service requirements: AFC's UMC 1000 offers the ideal solution. The scaleable design of AFC's UMC 1000 allows telephone service providers to cost-effectively upgrade current networks to offer multiple service options over copper, fiber or wireless transport media. 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® 3rd Generation Digital Loop Carrier™, provides any service from POTS to xDSL over copper, fiber, HDSL, and radio transport media. Additional information on AFC can be found on the web at fibre.com. NOTE: 3GDLC and 3rd Generation Digital Loop Carrier are trademarks and Advanced Fibre Communications, AFC, the AFC logo, Universal Modular Carrier, and UMC 1000, are registered trademarks of Advanced Fibre Communications, Inc. SOURCE: Advanced Fibre Communications, Inc.