Advanced Switching Communications Sealed-bid Auction Deadline June 26 for Product Line, Domain Names.Business Editors/Hi-Tech Writers VIENNA, Va.--(BUSINESS WIRE)--June 20, 2002 Advanced Switching Communications, 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 :ASCX) is in the process of soliciting bids for its value-added product line of broadband access See broadband and wireless broadband. platforms, including product inventory, development and product support environment, customer lists, marketing materials, warranty and maintenance contracts and related intellectual property for both current and next-generation product development as well as its domain names: asc.com and asc1.com. The sealed-bid auction will be managed by Tranzon Fox, which is based in Northern Virginia Northern Virginia (NoVA) consists of Arlington, Fairfax, Loudoun, and Prince William counties and the independent cities of Alexandria, Falls Church, Fairfax, Manassas, and Manassas Park. . Deadline for placing bids is Wednesday, June 26 at 5:00 p.m. (EDT EDT abbr. Eastern Daylight Time EDT Eastern Daylight Time EDT n abbr (US) (= Eastern Daylight Time) → hora de verano de Nueva York EDT ). Advanced Switching Communications (ASC), which launched in 1997, was a provider of innovative broadband services access platforms for next-generation networks. Company products offered solutions to the challenges of converging voice and data traffic by providing the high-speed on- and off-ramps between legacy and next-generation networks. The products are designed for use by LECs, competitive carriers, ISPs and PTTs to meet current and future customer demand for broadband services over existing infrastructure while lowering costs and simplifying their networks. ASC products deliver the capabilities of "big iron" switching equipment at a significantly lower cost-per-port. At the heart of the ASC product line is its technology that enables flexible, software-configurable ports supporting a range of protocols including 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. , multi-link frame relay (MFR MFR, n See myofascial release. ), ATM, and inverse multiplexing over ATM (IMA (Interactive Multimedia Association, Annapolis, MD) An earlier trade association founded in 1988 originally as the Interactive Video Industry Association. It provided an open process for adopting existing technologies and was involved in subjects such as networked services, scripting ) services at speeds ranging from DS-O to OC-12. "ASC's product line starts with its compact, 'pizza box' - sized product that offers unprecedented protocol and bandwidth flexibility. ASC products easily scale from very low to very high port densities, giving service providers a way to enter new markets with minimal capital expense and deliver services to smaller cities or larger metro areas with the same product line," says ASC's former Marketing Director Ed Traub. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Stephen Karbelk, senior vice president of Tranzon Fox, "ASC offers a telecommunications competitor or buyer in a related field the chance to increase sales volume in a tough market or create a new division with a built-in set of customers sold on a product line with a proven track record." For more information about the auction contact Tranzon Fox's Stephen Karbelk at (703) 912-3307 or www.skarbelk@tranzon.com |
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