Amedia Networks Readies for Growth with Expansion to New Corporate Headquarters in Holmdel, New Jersey.HOLMDEL, N.J. -- Amedia Networks (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:AANI, Berlin Stock Exchange: TEJ TEJ Taiwan Economic Journal ), a pioneer in the design and development of Ethernet broadband solutions for the communications industry communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. today announced the relocation of its corporate headquarters to Holmdel, New Jersey. The new office facilities of Amedia Networks will accommodate its expanding staffing needs and will surround its leadership team with a vast array of engineering and model fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. firms that can support its product design and development efforts. "This relocation will further position the company for rapid growth as it transitions from product design and development to execution-state product delivery, sales and marketing," stated Frank Galuppo, 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. of Amedia Networks. About Amedia Networks Amedia Networks is engaged in the design, development, and implementation of Ethernet solutions to the Fiber-to-the-Premises (FTTP (Fiber To The Premises) The installation of optical fiber from the carrier directly into the home or office. Also called "fiber to the home" (FTTH). See PON and FTTC. See also FTP. ) broadband access market. The Company's solutions are being designed to provide secure, high performance, scalable and reliable customer premises, access aggregator, and central office equipment enabling high-speed Internet access, video applications, and Voice over Internet Protocol (VoIP) services to end customers in a cost effective manner. Amedia has a license for the FTTP equipment from Lucent Technologies (NYSE NYSE See: New York Stock Exchange :LU). For more information about Amedia Networks visit www.amedianetworks.com. All statements contained herein, as well as oral statements that may be made by the Company or by officers, directors or employees of the Company acting on the Company's behalf, that are not statements of historical fact, constitute "forward looking statements". Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Such risks and uncertainties are outlined in the Company's Annual Report on Form 10-KSB for 2003, its Quarterly Reports on Form-10-QSB, and other documents filed with the Securities and Exchange Commission. The Company is under no obligation to revise or update any forward looking statement in order to reflect events or circumstances that may arise in the future. |
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