Cabletel Communications and Edaptivity.com in Strategic Alliance; Relationship Provides Significant Savings to Cabletel; Cisco Product Sales Expanding.Business Editors MARKHAM, Ontario--(BUSINESS WIRE)--Feb. 17, 2000 Cabletel Communications Corporation (AMEX- TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : TTV TTV Transfusion Transmitted Virus TTV Total Thickness Variation (semiconductor wafer planarity) TTV TechTV TTV Total Transaction Value TTV Tapping the Vein (band) TTV Target Test Vehicle ) today announced that it has formed a strategic relationship with Edaptivity.com that will enable the Company to realize significant infrastructure savings in the expanding sales of Cisco System's (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 : CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ) products to Canadian cable and telecommunications companies. Edaptivity.com is a leading broadband technology broadband technology Telecommunications devices, lines, or technologies that allow communication over a wide band of frequencies, and especially over a range of frequencies divided into multiple independent channels for the simultaneous transmission of different signals. company that specializes in all aspects of broadband technology including design, implementation and ongoing operations support. Edaptivity.com's deployment teams have installed the most robust and leading edge technologies for some of Canada's largest cable and telecommunications companies. Additional information about Edaptivity.com Inc. can be found at www.edaptivity.com Cabletel was recently appointed as a Premier Strategic Partner by Cisco to provide Internet technology products and services to Cable operators. Demand for Cisco's products has been very strong and Cabletel has entered into a service agreement with Edaptivity.com to support the products and to assist Cabletel customers in their deployment of cable Internet Internet access via the cable companies. There are two kinds of service. One uses a cable modem to connect to a computer, and the other uses an enhanced cable box that provides Internet access directly at the TV. services. &uot;We are very pleased with our Cisco sales and we want to build on our early success. Working with Edaptivity.com, Cabletel will be able to provide customers greater support,&uot; said Greg Walling, 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 Cabletel. Mr. Walling also noted that &uot;we are always 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. ways to provide extra value to customers and our relationship with Edaptivity.com allows Cabletel to accelerate its sales of Cisco's products and provide new and enhanced customer support.&uot; &uot;Edaptivity's team is second to none,&uot; said Randy Bastarache, Edaptivity's Vice President. &uot;Our team's expertise in delivering technology ensures our customers' success. The combination of Cabletel and Edaptivity will provide customers with a single point of contact for all their broadband network requirements.&uot; Cabletel Communications is the largest full-service distributor of broadband equipment to the Canadian television and telecommunications industries offering a wide variety of products required to construct, build, maintain and upgrade broadcasting and telecommunications systems. In addition, the Company's engineering division offers technical advice and integration support to customers. Stirling Connectors, Cabletel's manufacturing division supplied national and international clients with proprietary products for deployment in cable, DBS (Direct Broadcast Satellite) A one-way TV broadcast service from a communications satellite to a small round or oval dish antenna no larger than 20" in diameter. and other wireless distribution systems. More information about Cabletel can be found at www.cabletelgroup.com. Except for the historical information in this document, it includes forward-looking statements that involve risks and uncertainties including, but not limited to, quarterly fluctuations in results, the management of growth, and other risks detailed from time to time in the Company's Securities and Exchange Commission filings. Actual results may differ materially from management expectations. |
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