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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here -- Ignore unavailable to you. Want to Upgrade?

To: lml who wrote (2410)	12/2/1998 11:49:00 AM
From: Kenneth E. Phillipps	Read Replies (1) \| Respond to of 12823

DataQuest sees cable modem shipments growing. nt.excite.com

To: lml who wrote (2410)	12/2/1998 12:07:00 PM
From: Kenneth E. Phillipps	Respond to of 12823

By mid 1999, Nortel will offer simultaneous voice and data over single twisted pair line at ethernet speed. That sound exciting! Nortel Networks to Integrate Elastic Networks' EtherLoop Technology onto Universal Edge 9000 Integrated Access Platform PR Newswire - December 02, 1998 10:16 ATLANTA, Dec. 2 /PRNewswire/ - Nortel Networks (NYSE: NT/TSE: NTL) and Elastic Networks today announced the integration of Elastic Networks' EtherLoop technology, which delivers high-speed data and voice on a single phone line, onto Nortel Networks' Universal Edge 9000 integrated access platform. The arrangement marks the first step towards offering EtherLoop multi-megabit Internet access on a carrier-grade voice and data platform. ''We are very pleased that Nortel Networks has elected to deploy our technology on such a world-class platform,'' said Phil Griffith, vice president, Sales & Marketing, Elastic Networks. ''This deployment is the realization of Elastic Networks' goal to enable equipment manufacturers to easily license and integrate our technology into high-speed access network elements.'' The Universal Edge 9000 is Nortel Networks' integrated access platform and gives service providers the ability to deploy multiple access technologies from a single, cost-effective platform. It is planned for alpha trials in the fourth quarter of 1998 and general availability in the second half of 1999. EtherLoop, which forms the basis of Elastic Networks' core technology, is Ethernet over twisted pair and enables simultaneous voice and data communications up to native rate Ethernet speeds over a single phone line without interfering with other services. Announced in September, Texas Instruments will integrate EtherLoop access technology onto its world-leading digital signal processing core technology, enabling network equipment manufacturers to develop flexible internal and external client-side devices and central office solutions to meet the ever-growing demand for connectivity. Elastic Networks provides solutions that stretch Ethernet out of the office LAN, following the trend towards increasingly distributed networks. By leveraging its technological differentiation in speed, deployability, and economics, and building strategic relationships with distribution, chip manufacturing, and data networking partners, Elastic Networks is dedicated to offering solutions that address the high-speed data needs of service providers throughout the world. Elastic Networks, a wholly owned subsidiary of Nortel Networks, is based in Alpharetta, Ga. For more information about Elastic Networks and its EtherLoop technology visit www.elastic.com or contact (678) 297-3100. SOURCE Northern Telecom Limited /CONTACT: Jeff Young, Nortel Networks, 978-916-4986, jeffyng(at)nortelnetworks.com; Frank McNally, Nortel Networks, 703-712-8374, fmcnally(at)nortelnetworks.com; Allison Roberts, Alexander Ogilvy, 404-897-2300, aroberts(at)alexanderogilvy.com; Or visit Nortel Networks' web-site at www.nortelnetworks.com or Elastic Networks' web-site at www.elastic.com; Nortel's press releases are also available through CNO-Call by fax at 800-758-5804, ext. 122158 or at prnewswire.com /Company News On-Call: prnewswire.com or fax at 800-758-5804, ext. 122158/