Adam's Mark Selects Paradyne As Preferred DSL Vendor.Business Editors/Travel Writers/High-Tech Writers LARGO, Fla.--(BUSINESS WIRE)--June 25, 2003 Paradyne Networks, Inc. (Nasdaq:PDYN), a leading provider of broadband voice, data and video network access solutions, today announced that its BitStorm(TM) 4800 IP DSLAM (DSL Access Multiplexor) A central office (CO) device for ADSL service that intermixes voice traffic and DSL traffic onto a customer's DSL line. It also separates incoming phone and data signals and directs them onto the appropriate carrier's network. See DSL. has been selected for deployment by Adam's Mark Adam's Mark is a chain of five upscale hotels in the United States. The chain was founded in the early 1970s by Fred Kummer and the chain is currently owned by HBE, Inc., which was also founded by Kummer. Hotels, one of the largest independently owned and operated companies in the hospitality industry. Paradyne has installed a total of 500 rooms into 5 different properties to date. Adam's Mark is planning for an additional 2,500 rooms to be installed within the third quarter of 2003, and a total of 10,000 rooms to be installed by year's end. "Paradyne's BitStorm products enable the high-speed access services that we need to be competitive in today's market," stated Tim Rand, Vice President, Information Systems, Adam's Mark. "The built-in capabilities to expand the network and applications to include even IP Video made the vendor choice clear." "The Adam's Mark hotel is leading the hospitality market with the decision to enable the hotels infrastructure for broadband services, to support high-speed Internet See broadband. access today and high-value video, voice and data solutions being deployed in the future," stated William Cobb This article is about the engineer. For other persons by this name, see William Cobb (disambiguation) William L. "Bill" Cobb (1917 – December 17, 1990), was a designer and engineer of roller coasters, as the founder and head of William Cobb & Associates. , Vice President, Product Management and Marketing, Paradyne. "Adam's Mark will be in a outstanding position to leverage future broadband services because the BitStorm products were specifically designed to support in-building broadband voice, video and data applications." About BitStorm Product Family Developed specifically for in-building and hospitality deployments, Paradyne's BitStorm products enable the installation of high-speed access without rewiring the existing Infrastructure - making it easy and affordable to provide premium broadband services including High-speed Internet access, toll-quality voice over IP, high-quality broadcast video, Video-on-Demand, high-speed video conferencing See videoconferencing. (communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications. , interactive gaming and enhanced chat rooms, secure network-based Virtual Private Networks, and localized web hosting Making a Web site available on the Internet. Many ISPs host a few personal Web pages for an individual at no additional cost above the monthly service fee, but the address is subordinate to the ISP; for example, www.friendlyisp.com/pat_smith. . The BitStorm 4800 Stackable IP DSLAM provides 24 or 48 ports of standards-based ADSL See DSL. ADSL - Asymmetric Digital Subscriber Line in a compact 1U form-factor, making it ideal for deployment in small equipment or wiring rooms. Each port delivers up to 8 Mbps of throughput, enabling a wide variety of interactive applications. Units may be stacked as needed as needed prn. See prn order. up to a maximum of 384 ports. Since it supports off-the-shelf, low-cost ADSL modems, customers can install modems themselves, saving the service provider from having to dispatch a technician to install each customer. About Paradyne Paradyne is a leading developer of carrier-class, high-speed network access solutions for broadband voice, data and video. A recognized market leader in digital subscriber line See DSL. (communications, protocol) Digital Subscriber Line - (DSL, or Digital Subscriber Loop, xDSL - see below) A family of digital telecommunications protocols designed to allow high speed data communication over the existing copper telephone lines between end-users and (DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary ), service level management (SLM See service level management system and spatial light modulator. ), and Broadband Voice and Media Gateway solutions, Paradyne markets its award-winning GranDSLAM(R) and BitStorm(TM) DSL systems, ReachDSL(TM) and EtherLoop(R) products, Jetstream(R) Media Gateway systems and iMarc(TM)/FrameSaver(R) Service Level Management systems to service providers and business customers worldwide. More information may be obtained by visiting http://www.paradyne.com or by calling +1-727-530-8623. About Adam's Mark Adam's Mark Hotels & Resorts is one of the largest independently owned and operated companies in the hospitality industry, with 23 upscale hotels in 13 states. More information can be found by visiting http://www.adamsmark.com or by calling 314-567-9000. Information about Forward-Looking Statements: This press release contains forward-looking statements that involve a number of risks and uncertainties. These forward-looking statements are made pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 and are made based on management's current expectations and beliefs as well as on assumptions made by, and information currently available to, management. Among the factors that could cause actual future events to differ materially include: the uncertainty regarding the acceptance of new telecommunications services based on DSL technology; reduction or discontinuation dis·con·tin·u·a·tion n. A cessation; a discontinuance. Noun 1. discontinuation - the act of discontinuing or breaking off; an interruption (temporary or permanent) discontinuance of purchase of our products by NSPs; the failure of NSPs to incorporate our products into their infrastructure; the possibility that Paradyne's competitors may develop competing products that are superior in terms of quality, cost or both. For a detailed discussion of other risk factors that could affect Paradyne's business, please refer to the risks identified in Paradyne's Current Report on Form 10-K/A, dated March 24, 2003, and in Paradyne's other filings with the Securities and Exchange Commission. Editors Note: BitStorm, iMarc, and ReachDSL are trademarks of Paradyne Corporation. GranDSLAM, EtherLoop, Jetstream, FrameSaver, Paradyne, and the Paradyne logo are registered trademarks of Paradyne Corporation. All other service marks and trademarks are the property of their respective owners. |
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