Canada's ACTQ Members Choose Paradyne's High-Speed Broadband Products for Quebec Deployments.Business Editors/High-Tech Writers LARGO Largo, town (1990 pop. 65,674), Pinellas co., W Fla., on the Pinellas peninsula and the Gulf Coast, across the bay from Tampa; settled 1853, inc. 1905. It is a packing, canning, and shipping center in a citrus fruit and fishing area. , Fla.--(BUSINESS WIRE)--Oct. 7, 2002 Paradyne Networks, Inc. (Nasdaq:PDYN), a leading provider of broadband voice, data and video network access solutions, today announced the expansion of its continued relationship with the Association des Compagnies de Telephone du Quebec Inc. (ACTQ), through its high-speed ReachDSL(TM) and EtherLoop(R) deployments throughout the province of Quebec, Canada. All ACTQ members deploying DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary services have selected Paradyne's product portfolio as the preferred solution for delivering high-speed Internet See broadband. access services. The membership has designated Paradyne as the vendor of choice because of Paradyne's unsurpassed turn-key solutions, extended reach and throughput performance, as well as unrivaled local French and English pre and post-sales technical support offerings that are provided to these rural Companies. ACTQ services over 50,000 users located mostly in rural areas where other technologies cannot provide service. Paradyne's extended reach capabilities enable these rural and remote customers to receive high-speed Internet services. "ACTQ and its members value this close relationship with Paradyne and appreciate the high quality of products and support they provide," states Yvon Brunelle, ACTQ's President. "Paradyne's cost-effective solutions, in combination with their product performance and impeccable customer support, has quickly earned them preferred vendor status." "Paradyne is very proud and excited to have been chosen repeatedly by ACTQ members in their deployment of DSL services throughout Quebec," said Mike Ward, Senior Vice President, Worldwide Sales and Support, Paradyne. "Our continued selection by ACTQ members endorses, yet again, the quality and reliability of our product offerings by providing Paradyne's DSL solutions to those customers who may otherwise be unable to receive high-speed Broadband services." Paradyne's ReachDSL is a technology that overcomes the limitations of traditional ADSL See DSL. ADSL - Asymmetric Digital Subscriber Line and delivers high-speed broadband regardless of the condition of the copper circuits, delivering a guaranteed rate of 256 kbps extending to distances up to 18,000 feet. EtherLoop IP DSL technology delivers next-generation DSL bandwidth of up to 10 Mbps upstream and downstream, with reach beyond 23,000 feet, and full spectral compatibility. About Paradyne Based in Largo, Florida Largo is the third largest city in Pinellas County, Florida, USA and is part of the Tampa Bay Area. Centrally located, it is the crossroads of the county. As of the 2000 census, the City had a total population of 69,371. As of 2004, the population recorded by the U.S. , Paradyne is a leading developer of carrier-class, high-speed network access solutions for broadband voice, data and video. A recognized market leader in digital subscriber line See DSL. (communications, protocol) Digital Subscriber Line - (DSL, or Digital Subscriber Loop, xDSL - see below) A family of digital telecommunications protocols designed to allow high speed data communication over the existing copper telephone lines between end-users and (DSL), service level management (SLM See service level management system and spatial light modulator. ), and Broadband Voice and Media Gateway solutions, Paradyne markets its award-winning GranDSLAM(TM) and BitStorm(TM) DSL systems, ReachDSL and EtherLoop products, Jetstream(R) Media Gateway systems and FrameSaver(R) Service Level Management systems to service providers and business customers worldwide. Paradyne has deployed more than 23,000 GranDSLAM DSL Access Multiplexers in carrier networks around the world. Paradyne has shipped over 175,000 lines of its unique EtherLoop solution, giving service providers and hospitality networks the ability to deploy advanced services such as video over copper. In addition, Paradyne has shipped over 386,000 ports of its unique ReachDSL solution, giving carriers the ability to deliver broadband over almost any copper line, even those that are very long or severely impaired. Paradyne's Jetstream Media Gateway systems lead the market in the deployment of voice over DSL. Leading carriers, including AT&T, Bell Canada Bell Canada Enterprises (TSX: BCE, NYSE: BCE), legally BCE Inc., is a major Canadian telecommunications company. Through its subsidiaries including Bell Canada, Bell Aliant, Northwestel, Télébec, and NorthernTel, it is the incumbent local exchange carrier for , Broadwing, SBC (1) (SBC Communications Inc., San Antonio, TX, www.sbc.com) A large, national telecommunications company that grew from a multitude of local and regional companies, including Southwestern Bell, Pacific Bell and Nevada Bell, into a single, unified brand by 2002. , Sprint, Verizon, and WorldCom, have deployed Paradyne's SLM solutions into mission-critical enterprise networks. More information may be obtained by visiting http://www.paradyne.com or by calling 1-800-PARADYNE or 727/530-8623. About ACTQ Having its head office located in Repentigny, Quebec, the Association des Compagnies de Telephone du Quebec Inc., (ACTQ) was founded in Rimouski on September 1, 1948, and incorporated on October 29 of the same year. The ACTQ is a non-profit organization A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes. regrouping 13 independent companies. The Independents service some 50,000 customers situated mainly in rural areas throughout the province of Quebec. The ACTQ, as a leader for the Independents of Quebec, advises its members on a day to day basis on telecommunication related matters and assists them in the setting up and application of technological, regulatory and administrative policies. Information about Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. : This press release contains forward-looking statements that involve a number of risks and uncertainties. These forward-looking statements are made pursuant to the "safe-harbor" provisions of 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 and are made based on management's current expectations and beliefs as well as on assumptions made by, and information currently available to, management. Among the factors that could cause actual future events to differ materially include: the uncertainty regarding the acceptance of new telecommunications services based on DSL technology; reduction or discontinuation dis·con·tin·u·a·tion n. A cessation; a discontinuance. Noun 1. discontinuation - the act of discontinuing or breaking off; an interruption (temporary or permanent) discontinuance of purchase of our products by NSPs; the failure of NSPs to incorporate our products into their infrastructure; the possibility that Paradyne's competitors may develop competing products that are superior in terms of quality, cost or both. For a detailed discussion of other risk factors that could affect Paradyne's business, please refer to the risks identified in Paradyne's Current 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. , dated April 1, 2002, and in Paradyne's other filings with the Securities and Exchange Commission. Editor's Note Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat. Trained by D. : Visit Paradyne's virtual press room at www.paradyne.com/news_n_events/press_room for product images and/or additional information. Product availability and pricing is subject to change without notification. BitStorm, GranDSLAM, ReachDSL and StormPort, are trademarks of Paradyne Corporation. EtherLoop, FrameSaver, Hotwire, Jetstream, Paradyne, the Paradyne logo and Performance Wizard are registered trademarks of Paradyne Corporation. All other service marks and trademarks are the property of their respective owners. |
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