| An SI Board Since November 1999 |
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TSTN |
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Web site: turnstone.com
From the S-1:
We are a leading provider of loop management solutions that enable local exchange carriers to rapidly deploy and efficiently maintain Digital Subscriber Line, or DSL, services. Loop management is the term we use to describe the automation and remote control of installation, qualification and maintenance of copper telephone lines. The Copper CrossConnect CX100, our first product, is currently being installed in telephone company central offices by Competitive Local Exchange Carriers, or CLECs, to speed their deployment of DSL services. We believe that our CX100 and our CrossWorks software represent the first commercially available loop management solution designed and built to meet the requirements of local exchange carriers deploying DSL. The CX100 product family enables the rapid and efficient deployment of high-speed digital services on existing copper telephone lines.
As of October 31, 1999, our products have been deployed by Bluestar Communications, Covad Communications, DSL.net, Jato Communications, MGC Communications, Network Access Solutions and Rhythms NetConnections. We have formed an original equipment manufacturer relationship with Lucent Technologies, which has chosen to sell the CX100 as a co-branded system. For the nine months ended September 30, 1999, we recognized $14.7 million in revenues and shipped over 1,500 CX100 systems.
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