AcceLight Networks Announces Corporate Restructuring - Company Fine Tunes to Meet Current Market Environment and Satisfy Customer Demands.Business Editors BRIDGEVILLE, Pa.--(BUSINESS WIRE)--Oct. 8, 2002 AcceLight Networks today announced a corporate restructuring that will ensure the company's longevity longevity (lŏnjĕv`ĭtē), term denoting the length or duration of the life of an animal or plant, often used to indicate an unusually long life. while reinforcing its value proposition in the telecommunications market. In so doing, AcceLight has realigned its development teams to focus on the General Availability release of its products. The Company's resources have been reallocated to customer support and system integration efforts. "AcceLight, like all other systems companies, faces the challenges of a telecom industry in a major retracted re·tract v. re·tract·ed, re·tract·ing, re·tracts v.tr. 1. To take back; disavow: refused to retract the statement. 2. state," says Jim Fultz, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "This restructuring allows us to completely focus our resources on bringing our world-class products and technology to an industry which continues to demand innovative ways to reduce both operating and acquisition costs. We, like many of our counterparts, are rationalizing our infrastructure to ensure that we are in a position to provide this innovative technology well into the future." AcceLight Networks, Inc. is a privately held new generation designer and manufacturer of the industry leading PXS(TM) 540 Photonic Dealing with light (photons). See photon and photonics. Service Switch. The PXS 540 is an emerging network element that consolidates a B-DACS, Optical Cross Connect and MPLS (1) (MultiProtocol Lambda Switching) The earlier name for GMPLS. See GMPLS. (2) (MultiProtocol Label Switching) A standard from the IETF for including routing information in the packets of an IP network. switch into one multi chassis system. With integrated IP routing and common GMPLS (Generalized Multiprotocol Label Switching) In a WDM optical networking system, it is the ability to route a data transmission based on the wavelength of light that carries it. connection management the PXS 540 delivers switched metro services for the wavelength core. The company is headquartered in Bridgeville, PA, and has extensive R&D facilities in Ottawa, Canada. To find out more, visit www.accelight.com AcceLight Networks, AcceLight and PXS are trademarks of AcceLight Networks, Inc. |
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