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

To: Trader J who wrote (1381)	12/15/1998 8:14:00 AM
From: Roy F	Respond to of 3299

Hongkong Telecom Extends Contract With Advanced Fibre Communications December 15, 1998 08:02 AM PETALUMA, Calif., Dec. 15 /PRNewswire/ -- Advanced Fibre Communications(R), Inc. (AFC) AFCI announced today a three year contract extension with Hongkong Telecom (HkT) for its UMC 1000 access products. The original supply contract between AFC and HkT was signed in 1996. The contract extension enables HkT to continue to deploy AFC's access platform, the UMC 1000 3rd Generation Digital Loop Carrier(TM), throughout their networks to support POTS and leased line services. "We are extremely pleased that HkT have extended their contract," comments Bob Jaeger, AFC's regional managing director, China. "We look forward to continuing to provide access solutions for HkT's existing and future networks." The contract between the two companies has been extended through the year 2001. 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. 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. SOURCE Advanced Fibre Communications, Inc.