AirFiber Announces Agreement With Nortel Networks That Will Bring End-to-End High-Bandwidth Services to Buildings Around the World; Nortel Networks to OEM AirFiber's OptiMesh Network Equipment.Business Editors SAN DIEGO--(BUSINESS WIRE)--April 24, 2000 AirFiber Inc., a telecommunications equipment supplier, Monday announced an agreement with Nortel Networks (Nortel Networks Limited, Brampton, Ontario, www.nortelnetworks.com) A world leader in telecommunications products, which includes switching, wireless and broadband systems for service providers and carriers, telephones and systems for residential and business users, computer telephony that will extend AirFiber's wireless optical networking Communications between computers, telephones and other electronic devices using light. An optical network is far more reliable and has far greater potential transmission capacity than networking in the electrical domain. See optical fiber. products to Nortel Networks' customers around the world. Under the terms of the OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and agreement, Nortel Networks has the right to market AirFiber's OptiMesh(TM) products to customers worldwide. The OptiMesh products will provide networks solutions for carriers in offering end-to-end, high-bandwidth access from the backbone to the end user. AirFiber's OptiMesh network equipment is a carrier-grade, high-bandwidth (622 Mbps) communications system In telecommunication, a communications system is a collection of individual communications networks, transmission systems, relay stations, tributary stations, and data terminal equipment (DTE) usually capable of interconnection and interoperation to form an integrated whole. that allows providers to offer true broadband access See broadband and wireless broadband. at a fraction of the cost and time required to install fiber to buildings. Unveiled today after two years of development, the OptiMesh network is based on wireless optical networking technology, which has the ability to deliver high-bandwidth access over the air for voice, data and multimedia services. AirFiber's system is based on a highly redundant "mesh" or multiple point-to-point design that ensures carrier grade reliability. Anticipating dramatic growth in high-bandwidth demand from businesses and aggressive competition in the Local Exchange Carrier market, AirFiber designed a reliable network that allows carriers the ability to extend fiber-like access to buildings with significant cost and time savings over traditional fiber-optic transport. The network's short-link "mesh" architecture ensures carrier-grade reliability of 99.999% availability in even the most severe weather conditions. "OptiMesh will drastically increase the speed with which true high-bandwidth capabilities are delivered to buildings that don't have direct access to a fiber optic network," said Jim Dunn, 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. and president of AirFiber. "Now, through our alliance with Nortel Networks, world leader in optical networking, we expect more and more buildings around the globe to benefit from high-bandwidth connectivity." OptiMesh will appeal to customers that are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. reliable ways to extend high-bandwidth access to buildings economically and quickly. The system will afford the ability to serve new market segments and to dramatically decrease the capital expenditure required to build out high-bandwidth networks. AirFiber and Nortel Networks have been working together for the past several months conducting interoperability tests between the OptiMesh products and Nortel Networks products. The companies are also conducting market trials of the OptiMesh network with customers in Asia, Europe and North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . About AirFiber San Diego-based AirFiber is a telecommunications equipment supplier of wireless optical networks that provide high-bandwidth access to urban buildings for voice, data and multimedia services. The company's flagship product, OptiMesh(TM), is a reliable, quickly deployed and cost-effective access solution for carriers worldwide. Founded in 1998, AirFiber is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. . For more information, visit the Web site at www.airfiber.com. Nortel Networks is a trademark of Nortel Networks. |
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