California Schools Award Contracts to FVC.COM, Lucent and Bay Networks for Build-Out of the Next Generation Internet NGI.SANTA CLARA, Calif.--(BUSINESS WIRE)--Oct. 22, 1998-- Best of Breed Technology Providers Team to Allow School Districts to "Open Classrooms to the World" Using Next Generation Internet Video Network FVC FVC forced vital capacity. FVC abbr. forced vital capacity FVC, n See forced vital capacity. FVC forced vital capacity. .COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. (Nasdaq:FVCX), the leading provider of Next Generation Internet See Internet2. video applications, today announced that it has won contracts with Lucent Technologies to install NGI (Next Generation Internet) A project of the U.S. government for researching high-speed network technologies for use by federal agencies. See Internet2. video networks in two California School Districts. The Next Generation Internet (NGI) is the new broadband Internet, being deployed by service providers and enterprises for the integrated delivery of voice, video and data applications. FVC.COM, Lucent and Bay Networks will partner to provide the schools with a real-time video learning network that taps the power of the NGI to enable faculty and students access to a broad range of course materials, content rich multimedia and distance learning applications. These contracts represent the first phase of what are expected to be five-year build-out plan of the school districts. Installation of the network will bring NGI video applications to the Temple City Unified and Ravenswood City School Districts in Northern California. The contracts involve the installation of FVC.COM video switches, gateways, interface cards and Multimedia Operating Software. Lucent is providing service, integration and voice hardware, Bay Networks is providing network infrastructure equipment. "We needed a new generation of the Internet to enable our kids to take advantage of applications such as real-time video," said Dr. Charlie Knight, Superintendent of Ravenswood City Schools. "Our kids want so much to explore what goes on outside these walls. To make their experience meaningful we needed to deliver the power of real-time two-way video and interactive multimedia access to museums, libraries and events around the world. We expect schools from around the country to look and learn from what we've done here." "NGI video applications are transforming the current school curriculum and significantly increasing the resources available to the NGI-enabled school," said Ralph Ungermann, 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 FVC.COM. "But, more than technology or networking, this is about redefining what using the Internet and going to school means to our kids. We will open our classrooms to the world through real-time, interactive visual communications." Each classroom will have an Asynchronous Transfer Mode See ATM. (communications) Asynchronous Transfer Mode - (ATM, or "fast packet") A method for the dynamic allocation of bandwidth using a fixed-size packet (called a cell). See also ATM Forum, Wideband ATM. ATM acronyms. Indiana acronyms. (ATM) attachment to 30" monitors with pan tilt zoom cameras for interactive video instruction. The core application of these networks is two-way videoconferencing between schools in the same district. Classrooms will also have Ethernet-attached multimedia PCs, connected by T1 lines, for general student use. About the Next Generation Internet (NGI) The Next Generation Internet (NGI) is the new broadband Internet, being deployed by service providers and enterprises for the integrated delivery of voice, video and data applications. A key characteristic of the NGI (www.ngi.gov) is the ability to handle multimedia applications such as real-time interactive video, as well as stored and live video-on-demand. FVC.COM utilizes its expertise in Internet application integration, Quality of Service (QoS), and video technology to deliver networked video over the NGI for applications such as distance learning, criminal arraignment A criminal proceeding at which the defendant is officially called before a court of competent jurisdiction, informed of the offense charged in the complaint, information, indictment, or other charging document, and asked to enter a plea of guilty, not guilty, or as otherwise permitted , and alternative retail delivery. About FVC.COM FVC.COM is the leader in video applications over the Next Generation Internet (NGI). FVC.COM's products enable end-to-end video in a wide range of room and desktop environments for video applications such as distance learning, distance meetings, and distance medicine. Founded in 1993 by technology pioneer Ralph Ungermann, FVC.COM designs, manufactures and supports a full video networking product family that includes NGI access devices, adapters, gateways and video storage servers. FVC.COM's distribution and system integration partners include leading telecommunication and networking companies throughout the world, such as Ascend Communications (NASDAQ:ASND ASND A Streetcar Named Desire (play) ), Bell Atlantic Network Integration (NYSE NYSE See: New York Stock Exchange :BEL), British Telecommunications plc (NYSE:BTY BTY Battery BTY Betty BTY Back To You BTY Better Than You BTY Blessings to You ), EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. (NYSE:EDS), France Telecom (NYSE:FTE FTE Full-Time Equivalent FTE Full-Time Employee FTE Full-Time Equivalency FTE Full Time Employment FTE Foundation for Teaching Economics FTE Full Time Enrollment FTE For the Enterprise (SQL) FTE Fund for Theological Education ), IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) (NYSE:IBM), Lucent Technologies (NYSE:LU), NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. (Nasdaq:NIPNY), and Nortel (NYSE:NT). Cautionary Statement Except for the historical information contained herein, this news release contains forward-looking statements, including, without limitation, statements containing the words, "believes," "anticipates," "expects" and words of similar import. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of FVC.COM, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others: FVC.COM's limited operating history and variability of operating results, market acceptance of video technology, dependence on ATM backbone technology and the Next Generation Internet, potential inability to maintain business relationships with distributors and suppliers, rapid technological changes, competition in the video networking industry, the importance of attracting and retaining personnel, management of FVC.COM's growth, consolidation and cost pressures in the video networking industry, dependence on key employees and other risk factors referenced in the Company's Registration Statement on Form S-1, File No. 333-38755, declared effective on April 29, 1998. |
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