Applied Digital Access Opens Dedicated Development and Support Telecom Facility in Dallas.SAN DIEGO--(BUSINESS WIRE)--Nov. 4, 1997--Applied Digital Access, Inc. (ADA Ada, city, United States Ada (ā`ə), city (1990 pop. 15,820), seat of Pontotoc co., S central Okla.; inc. 1904. It is a large cattle market and the center of a rich oil and ranch area. ) (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 :ADAX) announced today that the Company has opened a new facility in Richardson, Texas Richardson is a suburb in Dallas County and Collin County, Texas. As of the 2000 census, the city had a total population of 91,803, while according to a 2006 estimate, the population had grown to 99,200. , a suburb of Dallas. The Richardson office will serve as an engineering and product development facility for the Company's advanced transmission network elements and network management systems. The location will also facilitate sales and customer support for ADA's customers in the Midwest. The office was opened to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the burgeoning telecom experience in the area and to better service the Company's Midwestern customer base. A center of excellence for the telecommunications industry, Dallas is home to several of ADA's largest customers and industry partners. "By expanding into this telecommunication-rich environment, the Richardson office will broaden the Company's competencies in emerging telecommunication technologies, while enhancing its regional sales and customer support presence in the Midwest," explained Steven Murphy, vice president of sales and marketing. ADA's products include network infrastructure building blocks for the expanding number of new carriers which are building their operational infrastructure from scratch, and for larger, established carriers which are reevaluating and upgrading their infrastructure components to remain competitive. ADA's test and performance management expert systems solutions include the T3AS Test and Performance Monitoring System, Centralized Test System (CTS (1) (Clear To Send) The RS-232 signal sent from the receiving station to the transmitting station that indicates it is ready to accept data. Contrast with RTS. (2) (Common Type System) The data typing used in . ), and Remote Module, a DS1 Network Interface Unit combined with Sectionalizer expert systems software. ADA also offers a family of provisioning, traffic and fault management operations systems software, including: .Provisioner which automates digital circuit and node provisioning functions; Traffic Data Collection and Engineering system (TDC&E), which facilitates service quality management in switched networks; and Fault Management System (FMS FMS - Flexible Manufacturing System (factory automation). ), a scaleable alarm management system for real-time monitoring and management of telecommunications networks. Applied Digital Access is a leading provider of Network Performance Management products that include systems, software, and services used to manage the quality, performance, availability and reliability of telecommunications service In telecommunication, the term telecommunications service has the following meanings: 1. Any service provided by a telecommunication provider. 2. providers' networks. These products enable telecommunications service providers to improve quality of service, increase productivity, and lower operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. . The Company is headquartered in San Diego, and has product development and support facilities in Vancouver, British Columbia, Terre Haute, Ind., and Richardson. Press releases and other information about Applied Digital Access and its products and services are available at http://www.ada.com on the Internet. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " statement under 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: Except for historical information contained in this release, the preceding may contain forward-looking statements that involve potential risks and uncertainties as detailed in the Company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ending 12/31/96 and the most recent Form 10-Qs, which include the concentration of major customers, telephone company qualification requirements, high dependence on two product lines, competition, management of changing business, mergers, rapid technological change and dependence on new products, dependence on suppliers and subcontractors, need to make advance purchase commitments, government regulation, proprietary technology, dependence on key personnel and volatility of stock price. The Company's actual results could differ materially from those discussed in this release. Readers are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date hereof. The Company undertakes no obligation to revise or update these forward-looking statements to reflect events or circumstances after the date of this release. CONTACT: Applied Digital Access Steve Murphy, 619/623-2200 or The Townsend Agency Susan E. Caroppo, 619/457-4888 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion