Cambridge Industries and Amedia Link-up to Pursue Opportunities in China.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, and Cambridge Industries Group, Ltd., a Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , Beijing and Shanghai-based business development, customer support and engineering firm, today announced that they have entered into a non-exclusive agreement under which Cambridge is to represent and distribute Amedia's solutions and provide other related services on behalf of Amedia in China. In the context of serving as a distributor of Amedia's QoStream(TM) product family within China, Cambridge Industries will offer assistance with local regulatory compliance issues, supply localized product information and documentation, and provide engineering services in support of customer needs Commenting on the agreement, Frank Galuppo, 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 Amedia, noted "China is aggressively implementing Fiber-to-the-Premises infrastructure and represents a huge market opportunity for us. We are aligning ourselves with 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. leaders such as Cambridge Industries and Tai Long Noun 1. Tai Long - a branch of the Tai languages Shan Tai - the most widespread and best known of the Kadai family of languages Communication to pursue that opportunity." On June 20, 2005, Tai Long Communication entered into a contract with Amedia to purchase Amedia's QoStream Fiber-to-the-Premises solution. The contract between Amedia and Tai Long was itself the result of a continuing partnership between Amedia, Hode Technologies and Tsinghua University History Tsinghua University was established in Beijing in 1911 on the site of a former royal garden belonging to a prince, and was funded by an indemnity which . This agreement with Cambridge Industries is expected to further assist Amedia in pursuing and supporting China-based prospects. Gerry Wong, President and CEO of Cambridge Industries, expressed his enthusiasm for working with Amedia. "The Amedia management team has an extraordinarily rich set of expertise in networking, international marketing, and the triple-play services. Cambridge has an enthusiastic and experienced team of marketing, R&D, and manufacturing engineers in China ready to serve our international partners. I'm excited about what our two companies will be able to accomplish through our cooperation in China - the largest single opportunity for Fiber-to-the-Premises." About Cambridge Industries Group, Ltd. Cambridge Industries Group, Ltd. (CIG CIG Ceiling (height above ground level to base of clouds) CIG Conference Intergouvernementale (French: Intergovermental Conference) CIG Conservation Innovation Grants (USDA NRCS) ) provides business development, customer support and engineering services to help vendors implement broadband access services in the Greater China area. Cambridge leverages China's efficient telecommunication equipment R&D and manufactures resources and provides services to OEM/ODM partners. CIG's R&D, Marketing, and Manufacturing operations are based in Beijing and Shanghai, China; while its headquarters functions are based in Hong Kong. For more information about Cambridge Industries, please write to vip@cambridgeig.com. 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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