Applied Innovation Inc. Establishes LuxPath Networks Division.Business Editors, High-Tech Writers DUBLIN, Ohio--(BUSINESS WIRE)--Aug. 16, 2000 Applied Innovation Inc. (Nasdaq:AINN AINN Artificial Intelligence Neural Network ) LuxConnect(TM) Offers Faster, Lower-Cost Ethernet Optical Communications Optical communications The transmission of speech, data, video, and other information by means of the visible and the infrared portion of the electromagnetic spectrum. Solutions Applied Innovation Inc. (Nasdaq:AINN) today announced the formation of LuxPath Networks, a division focused exclusively on high-speed optical Ethernet transmission products. LuxPath Networks' line of Ethernet Switch A device that connects clients and servers to each other in an Ethernet network. See switched Ethernet. and Concentration products offers telecommunications service providers solutions that significantly reduce the total cost of ownership for data transport services The collective functions of layers 1 through 4 of the OSI model. . Utilizing pure Ethernet LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. extension technology, LuxPath Networks' products are simpler to install and provision, and achieve a significant fiber utilization improvement to provide flatter transport architectures in Gigabit Ethernet An Ethernet standard that transmits at 1 Gbps. Used mostly to connect high-end workstations and servers as well as for network backbones, Gigabit Ethernet transmits full duplex from point to point using switches and half duplex in a shared environment (CSMA/CD) using a hub. back-haul applications than previously possible. The LuxConnect(TM) product can multiplex eight 1-Gigabit Ethernet signals into a 10-Gbps signal for transmission over a single optical wavelength. The LuxConnect(TM) can effectively replace the entire combination of hubs, routers, CSU/DSUs and SONET network devices at a fraction of the cost. It is designed with fewer layers of complex protocols to enhance installation and maintenance, making deployment and redeployment re·de·ploy tr.v. re·de·ployed, re·de·ploy·ing, re·de·ploys 1. To move (military forces) from one combat zone to another. 2. extremely easy, reliable, and low-cost. LuxConnect(TM) is also scalable to meet the explosive demands for bandwidth and provides high-speed connectivity over distances suitable for metro-area applications. LuxConnect(TM) is DWDM-compatible, achieves much greater cost efficiencies than current technologies, and bypasses the limitations of OC-192 and STM-64 facilities. Applied Innovation has assembled a team of experienced 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. and global telecommunication professionals for LuxPath Networks. They will be working closely with customers to enable them to achieve carrier quality, cost-effective, and scalable high-speed Ethernet solutions to meet their broadband networking needs. LuxPath Networks will be demonstrating its new LuxConnect(TM), LuxSwitch(TM), and LuxGate(TM) products August 27-31, 2000 in Booth 1907 during the National Fiber Optics fiber optics, transmission of digitized messages or information by light pulses along hair-thin glass fibers. Each fiber is surrounded by a cladding having a high index of refractance so that the light is internally reflected and travels the length of the fiber Engineering Conference (NFOEC NFOEC National Fiber Optical Engineer Conference NFOEC National Fiber Optic Engineers Conference ) in Denver, Colorado. "Optical Ethernet networking is the cost-effective technology that delivers low latencies and high data rates that are required to deal with the phenomenal growth of traffic demand in today's networks," said Bob Smialek, President and 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 Applied Innovation. "We are very excited about the potential this new product category brings to Applied Innovation. With LuxPath Networks' products you get twice the bandwidth for less than half the price," added Smialek. Chairman and Founder Gerry Moersdorf, stated "LuxPath delivers a much reduced cost per payload over competing technologies such as SONET, greatly lowers the administrative and maintenance overhead, and creates a network that is far more flexible, scalable and reliable. The LuxConnect transports native Ethernet so it is quicker and easier to deploy than more complex devices like SONET and ATM. Using Ethernet over fiber optics simplifies network topology See topology. . Furthermore, LuxPath products are consistent with today's network initiatives, pushing the much-needed high-speed, broadband Ethernet services to the edges of carriers' networks and providing this same high-speed broadband connectivity to the enterprise arena. With consumer acceptance of xDSL and cable modems, and improved methods of providing fractional T1 and E1 services to businesses, the LuxPath line will be a valuable transmission asset to a service provider, providing significant time-to-market and cost benefits." About LuxPath Networks LuxPath Networks helps customers make the most of the Internet with high capacity, carrier quality fiber optic data transmission solutions. For more information about LuxPath Networks, visit www.luxpath.com, or call 1-877-781-4900. LuxPath Networks is a division of Applied Innovation Inc. About Applied Innovation Headquartered in Dublin, Ohio Dublin is a city in Delaware, Franklin, and Union counties in the U.S. state of Ohio. The population was 31,392 at the 2000 census. In 2006, the population was estimated to be 36,565[1], and Dublin continues to be one of the fastest-growing suburbs of Columbus. , Applied Innovation is the leading provider of mediation products that enable communications between network elements and operations support systems Operations Support Systems (also called Operational Support Systems or OSS) are computer systems used by telecommunications service providers. The term OSS most frequently describes "network systems" dealing with the telecom network itself, supporting processes such for the management of telecommunications carriers' networks. Information about Applied Innovation, its products and services can be found on the World Wide Web at www.aiinet.com, or by calling 1-800-247-9482. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Those statements include, but may not be limited to, all statements regarding intent, beliefs, expectations, projections, forecasts, and plans of the Company and its management, and include: statements regarding new product initiatives, product capabilities, and market penetration. These forward-looking statements involve numerous risks and uncertainties, including, without limitation: the Company's ability to offer new services as planned, the impact of competitive products and services, the ability to hire technical staff, the Company's ability to adapt with technological changes, and other risks and uncertainties detailed from time to time in the Company's Securities and Exchange Commission filings, including the, 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 ended December 31, 1999. One or more of these factors have affected, and could in the future affect, the Company's business and financial results in future periods and could cause actual results to differ materially from plans and projections. Therefore, there can be no assurances that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company, or any other persons, that the objectives and plans of the Company will be achieved. All forward-looking statements made in this press release are based on information presently available to the management of the Company. The Company assumes no obligation to update any forward-looking statements. |
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