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Technology Stocks : Osicom(FIBR) -- Ignore unavailable to you. Want to Upgrade?

To: David Wise who wrote (9097)	1/11/1999 10:07:00 AM
From: Brian	Read Replies (2) \| Respond to of 10479

Osicom's GigaMux EPC Wins Data Communications 1999 HOT PRODUCTS Award SANTA MONICA, Calif.--(BUSINESS WIRE)--Jan. 11, 1999--Osicom Technologies, Inc. (NASDAQ:FIBR - news), a market leader in Metro DWDM (Dense Wave Division Multiplexing), today announced that its GigaMux™ EPC™ (Electric Photonic Concentrator) has been designated one of the 50 winners in the Seventh Annual Data Communications HOT PRODUCTS competition. Osicom's EPC enables a typical 2.5 Gbps 32-channel Metro DWDM system to deliver 512 subdivided channels. This allows customer premise equipment (CPE), such as Fast Ethernet switches and routers, to bypass costly SONET equipment and connect directly to a DWDM system. Considering that the average enterprise user today does not require a full 2.5 Gbps connection, Osicom's EPC enables CLECs and other metro service providers to sell DWDM-based services directly to corporate customers at much lower costs. This will further accelerate the deployment of DWDM in the Metropolitan Area Networks (MAN). The editors of Data Communications scoured the industry for the best, brightest products and services networking technology. After months of rigorous research, the editors selected 50 winners which boast a key technology differentiator that sets them apart from the competition. That differentiator results in clear and quantifiable financial benefits, e.g., increases productivity, cuts administrative costs, prevents theft, etc. And Data Communications increase to 50 HOT PRODUCTS awards -- from 40 a year ago indicates both that networks are becoming more complex and that vendors are getting better at designing technology that meets a clearly defined need or business case. Winners were selected in the following categories: IP Tools, Internetworking, WAN Services, Networks Software, WAN Gear, Security, Network Management/Analysis, LAN Gear and Carrier-Class Equipment. ''The 'HOT PRODUCTS' award is a significant endorsement of a new product or service's 'promise' in terms of the technological advancement or enhancements it intends to provide to networking professionals,'' according to Data Communications editor in chief, Lee Keough. ''Data communications readers, who design, build and manage the world's largest networks, recognize and respect the HOT PRODUCTS logo and use its distinction to help them make critical purchase decisions.'' ''EPC is a necessity for wide-spread deployment DWDM systems in Metropolitan Area Networks,'' explained Osicom president Dr. Xin Cheng, a pioneer in photonic networking. ''The overwhelming majority of all originating corporate data traffic is Ethernet based and converting it to SONET for transport adds cost, complexity, and latency. EPC eliminates such costly SONET aggregation equipment and brings DWDM technology closer to the end-user equipment.'' Osicom's executive vice president of worldwide sales and marketing Artie Trakas commented, ''We are very pleased that the editors of Data Communications have chosen EPC as one of the winners of its 1999 HOT PRODUCTS. We are equally excited about the high-level of interest EPC has generated in the press, as well as among a significant number of the 77 plus companies currently evaluating our GigaMux product. This interest in EPC stems from the promise of greater utilization and efficiency of the entire network achieved by bringing an optical connection down to the individual corporate customer, resulting in increased potential revenues and lower capital expenditures for telecom service providers.'' Trakas added, ''The benefits of deploying EPC will help us capture a significant share of the fast growing metro DWDM market, as well as open up new opportunities for our GigaMux product.'' Founded in 1972 as the world's first networking publication, Data Communications has been covering the enterprise networking market for over 25 years. Data Communications is part of the Business Technology Group at CMP Media Inc. biz.yahoo.com