ADVISORY/ WaveSmith Networks to Speak on 'Multiservice Networking at the Edge' At Next Generation Networks 2001.Business/Technology Editors ADVISORY...for Mon.-Tues. (Nov. 5-6) --(BUSINESS WIRE) WaveSmith Networks, Inc. Who WaveSmith Networks, Inc. What Robert Dalias, president and CEO of WaveSmith Networks will present the technical details of multiservice networking at the edge, as well as focus on the technology and business issues involved in designing and deploying next generation multiservice networks. In addition, WaveSmith will be demonstrating its Distributed Node (DN)(TM) multiservice switch product family, which consists of the DN4100(TM) and DN2100(TM) at NGN 2001. The DN product family is designed to help carriers sustain the growth of their legacy systems such as ATM and Frame Relay, while providing the means to leverage that existing infrastructure into next-generation IP/MPLS services. Where NGN 2001 Boston Marriott Copley Place Boston, MA Booth # 119 When November 5-6, 2001 "Multiservice Networking at the Edge" Presentation Wednesday, November 7th 4:45 PM - 6:00 PM About WaveSmith Networks WaveSmith Networks, based in Acton, MA, is focused on redefining multiservice switching that enables carriers to build out their existing infrastructures by rapidly and more efficiently distributing today's new optical core capacity with telephony-grade reliability. WaveSmith's founding assumption is that the multiservice switching segment of the carrier network is in desperate need of a change. WaveSmith is targeting the growth of Regional Bell Operating Companies The Regional Bell Operating Companies (RBOC) are the result of the U.S. Department of Justice antitrust suit against American Telephone & Telegraph. History (RBOCs), Incumbent Local Exchange Carriers ILEC, short for incumbent local exchange carrier, is a local telephone company in the United States that was in existence at the time of the break up of AT&T into the Regional Bell Operating Companies (RBOCs) also known as the "Baby Bells". (ILECs), Interexchange Carriers (IXCs), Multiple System Operators (MSOs), and tier-1 Competitive Local Exchange Carriers (CLECs). WaveSmith is backed by leading East Coast, West Coast, and international venture capitalists Venture Capitalist An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding. Notes: Venture capitalists usually expect higher returns for the additional risks taken. . WaveSmith has raised over $54 million in funding to date. Lead investors include Atlas Venture Atlas Venture is an international early-stage venture capital firm that invests in communications, information technology, and life sciences companies. Atlas Venture has investing offices in Boston, London, Munich, and Paris, and its investments are evenly divided between the , Bessemer Venture Partners Bessemer Venture Partners is a private venture capital firm with offices in Silicon Valley, New York, Massachusetts, China, and India. It has backed such companies as Ciena, Flarion, Parametric Technologies, Skype, Staples, VeriSign and Veritas. , and Fidelity Ventures Fidelity Ventures is the venture capital arm of Fidelity Investments. Based in Boston and London, Fidelity Ventures invests in emerging technology companies in North America and Europe. . Other investors include Commonwealth Capital, GATX GATX General American Transportation Corporation Ventures, and Silicon Valley Bank. For more information, visit WaveSmith at www.wavesmithnetworks.com. |
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