ACT Networks Receives $1 Million Order From Scientific Atlanta.CAMARILLO, Calif.--(BUSINESS WIRE)--Dec. 8, 1995--ACT Networks, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ANET) today announced that it has received at $1.0 million order from Scientific Atlanta (NYSE NYSE See: New York Stock Exchange :SFA See sales force automation. SFA - Sales Force Automation ). Combined with at $2.0 million order in September, ACT has now received over $3 million in orders from Scientific Atlanta and expects to complete delivery of these products before the end of fiscal 1996. Both orders are for custom low bit rate voice CODECs ("Coder-Decoder") for incorporation in Scientific Atlanta's SCPC-DAMA (Single Channel per Carrier, Demand Assigned Multiple Access  This article or section is in need of attention from an expert on the subject.Please help recruit one or [ improve this article] yourself. See the talk page for details. ) satellite networking system. The custom voice CODEC is the result of development contract established between Scientific Atlanta and ACT in 1992. ACT also announced today that it has entered into a new contract with Scientific Atlanta for the development of a cost reduced version of the same voice CODEC. The new product is scheduled for release in fiscal 1997. Martin Shum, Chairman and Chief Executive Officer, stated, "We believe that our relationship with Scientific Atlantic reflects the potential for growth for satellite-based communication services, especially in the emerging countries. Scientific Atlanta's SCPC-DAMA system is a new class of wireless networking See wireless network. solution ideally suited for rural telephony applications. We continue to view a strong market presence in the major emerging countries as strategic to ACT's long term business expansion." ACT Networks develops, manufactures, markets and sells integrated wide-area network access products which use frame relay A high-speed packet switching protocol used in wide area networks (WANs). Providing a granular service of up to DS3 speed (45 Mbps), it has become popular for LAN to LAN connections across remote distances, and services are offered by most major carriers. and time division multiplexing (communications) time division multiplexing - (TDM) A type of multiplexing where two or more channels of information are transmitted over the same link by allocating a different time interval ("slot" or "slice") for the transmission of each channel. I.e. and which support a broad range of end-user network applications. The Company's products incorporate advanced voice and data compression algorithms, voice and data access switching capabilities, and proprietary voice, data and facsimile integration technologies. The Company's products are designed to work with either terrestrial media or wireless media. Organizations worldwide use the Company's products to build cost-effective, bandwidth efficient, easy-to-manage wide are networks. CONTACT: ACT Networks, Inc. Martin Shum, 805/388-2474 Melvin L. Flowers, 805/388-2474 or Morgen-Walke Associates Doug Sherk/Chris Danne/Todd Friedman, 415/296-7383 Jill Ruja/Elissa Grabowski, 212/850-5600 |
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