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


To: E_K_S who wrote (1301)12/8/1998 7:07:00 PM
From: esterina  Read Replies (1) | Respond to of 3299
 
Glad I didn't sell any of my shares. Only bought more. This deal should be great for AFCI. Thought something was up with all this volume.



To: E_K_S who wrote (1301)12/8/1998 7:22:00 PM
From: esterina  Read Replies (1) | Respond to of 3299
 
This agreement with Sprint & Telabs is great. Found this old news article where AFCI (Advanced Fibre) has an agreement as well.

Advanced Fibre Communications' NGDLC
Access Platform Standardized By Sprint

PR Newswire - October 09, 1998 09:41

Jump to first matched term

Sprint North Supply and AFC Sign Supply Contract, Expanding
Distribution Channels

PETALUMA, Calif., Oct. 9, /PRNewswire/ --Advanced Fibre
Communications(R), Inc. (AFC) (Nasdaq: AFCI) announced today a 2
1/2 year national distribution contract with Sprint North Supply to
provide AFC's UMC 1000(R) access systems for Sprint's and other
carriers' local exchange networks.

The UMC 1000 has now been standardized at Sprint for higher density
line- size applications. The expanded standardization is a result of
AFC's response to a Next Generation Digital Loop Carrier (NGDLC)
request for proposal issued by Sprint earlier this year. Receiving larger
line size standardization is a clear victory for AFC and allows a much
broader deployment of the UMC 1000 within Sprint's local exchange
networks.

The contract also enables Sprint North Supply to distribute the UMC
1000 to all of its customers giving AFC further penetration into
emerging markets such as Competitive Local Exchange Carriers
(CLEC), Incumbent Local Exchange Carriers (ILEC), and other service
providers. The supply contract furthers the relationship between AFC
and Sprint by giving Sprint North Supply nonexclusive distribution
rights in the United States and Canada to the UMC 1000 product line.

"Today's announcement demonstrates the compatibility between the
strategies of AFC and Sprint for the networks of today and the network
of the future," comments Don Green, AFC's Chairman and acting CEO.
"Sprint has been deploying the UMC 1000 since 1996 as a low density
solution. We are pleased to transition into higher line sizes and to
continue our working relationship as they move forward building their
networks for the next generation of services."

"AFC's commitment to continued expansion of their product line has
provided an excellent solution for Sprint's networks and for all of our
customers nationwide," comments Bill Obermayer, Sprint North
Supply's President. "As networks are upgraded and expanded to handle
the convergence of voice and data services, we are committed to
providing our customers with products that are flexible and adaptable
to the networks of the future. The UMC 1000 access system offers an
excellent platform for that future. The system has been an ideal product
for our pre-engineered, pre-configured NGDLC program."

AFC's standardization as a strategic NGDLC vendor at Sprint,
combined with the 2 1/2 year distribution commitment, indicates a
significant evolution from small to large line size deployments of the
UMC 1000 access platform in Sprint's local exchange networks.

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 web at fibre.com.

Sprint North Supply is a leading provider of equipment and distribution
services to the communications and security industries. The company
operates 11 distribution centers nationwide with inventory of more than
38,000 products from 1,300 manufacturers. Sprint North Supply annual
sales exceed one billion dollars.

Sprint is a global communication company at the forefront of integrating
long distance, local and wireless communications services and one of
the world's largest carriers of Internet traffic. Sprint built and operates
the United States' only nationwide all-digital, fiber optic network and
is the leader in advanced data communications services. Sprint has $15
billion in annual revenues and serves more than 16 million businesses
and residential customers.

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 are registered trademarks of Advanced Fibre
Communications, Inc.