Amedia Networks Wins Its First Contract: an Agreement with Tai Long Communication to Provide Fiber-to-the-Premises Systems in China; Stability, Reliability, and the 'Highest Throughput' Cited as Basis for Win.EATONTOWN, N.J. -- Amedia Networks, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : AANI), a provider of switched Ethernet An Ethernet network that is controlled by a switch instead of a shared hub. The switch cross connects all clients, servers and network devices, giving each sending-receiving pair the full rated transmission speed. ultra-broadband solutions for the Triple Play Access Market, today announced that it has been selected by Tai Long Communication as its 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. ) vendor for its nationwide access project. Tai Long Communication will provide open access networks capable of carrying up to 100 Mbps of voice, data, and video services to their customers. This contract, which could be valued up to $9 million over two years, is awarded only 15 months after Amedia first opened it doors. It follows months of extensive testing and customer trial services in Chengdu, China in which Amedia's equipment was deployed in Central Offices and homes, and used to deliver all three of the triple play services. Working closely with its partners Hode Technologies, Inc. and Tsinghua University, Amedia was able to implement their industry-leading quality capabilities to provide flawless services to these initial subscribers. The agreement provides for the provisioning of FTTP services through Amedia's QoStream(TM) PG1000 Premises Gateway to 20,000 subscribers in the first year, and up to a total of 50,000 subscribers over two years. Commenting on the choice of Amedia, Mr. Xian Qing Zhang, 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 Tai Long Communication, stated, "After a thorough and intense search for a FTTP equipment vendor, we chose Amedia Networks because they provided the most stable and reliable system for our network with the highest throughput of any vendor. This was a critical factor in our decision." Mr. Dong Su, Assistant to the CEO of Tai Long Communication, noted that China is the fastest growing and most promising market in the world for ultra-broadband access. "The Gartner consulting group recently estimated broadband subscribers in China at 21.4 million in 2004, a 99% increase over 2003 - but representing only 1.6% of the population." Mr. Dong Su continued, "The market for FTTP in China is just getting started and will draw global interest for many years to come; it's a market in which we intend to assume a leadership role." Frank Galuppo, President and CEO of Amedia, stated, "We are of course thrilled that Tai Long has selected Amedia and embraced our switched Ethernet-based solution. We view this as a validation of our decision to focus on low cost operations, symmetrical 100 Mbps services, and service quality guarantees. We were also quite proud that our equipment inter-operated exceedingly well with other vendors' soft switches and layer two/layer three switches." Amedia's QoStream(TM) products are compliant with all major Ethernet standards and are available in a wide range of configurations. They offer superb scalability and flexibility while minimizing Operations-related expenses. Bandwidth is dedicated for each subscriber rather than being broadcasted to all users - thus insuring the highest degree of security and content protection. Tai Long Communication has traditionally focused on providing access to individual housing developments and buildings, having served over 100,000 subscribers up through March, 2005. Going forward, they intend to offer additional value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. services with Amedia's QoStream(TM) FTTP Solution and expand the number of local access networks nationwide. About Tai Long Communication Tai Long Communication is a privately owned company founded in 2001. The Company focuses on local access networks and value added services including assisting, reselling and operating telecom services. It has government licenses to operate broadband Customer Premise Networks (CPN CPN Communist Party of Nepal CPN Commercial Property News CPN Civic Practices Network CPN Calling Party Number CPN Community Psychiatric Nurse (UK) CPN Cisco Powered Network CPN Connaitre et Proteger la Nature ) and Internet Service Provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. (ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. ) networks. In addition, it is licensed as an Internet Content Provider See content provider. (ICP (1) (Internet Cache Protocol) A protocol used by one proxy server to query another for a cached Web page without having to go to the Internet to retrieve it. See CARP and proxy server. ). More information can be found at www.tlw.cn About Amedia Networks Amedia designs, develops, and implements switched Ethernet solutions for the ultra-broadband access market. These secure and flexible solutions are used by network operators deploying Fiber-to-the-Premises (FTTP) and/or Fiber-to-the-Node (FTTN (Fiber To The Neighborhood or Fiber To The Node) See FTTC. ) infrastructures to offer their residential and business subscribers high-speed data, video, and Voice over Internet Protocol (VoIP) services in a highly cost effective manner. For more information about Amedia Networks, please visit www.amedia.com. This press release may contain "forward-looking" statements as that term is defined in 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. A number of factors could cause Amedia's actual results to differ from anticipated results expressed in such forward-looking statements. Such factors are addressed in Amedia's filings with the Securities and Exchange Commission (available at www.sec.gov). Amedia assumes no obligation to update any forward-looking statements. |
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