Carrier Access Completes Acquisition of Paragon Networks.Business Editors/High-Tech Writers BOULDER, Colo.--(BUSINESS WIRE)--Nov. 25, 2003 Carrier Access Corporation (Nasdaq:CACS CACS Center for Advanced Computer Studies CACS Computer Audit, Control and Security CACS Carrier Access Corporation (stock symbol) CACs Criteria Air Contaminants CACS Center for Alaskan Coastal Studies CACS Coronary Artery Calcium Scoring ), a leading provider of broadband access See broadband and wireless broadband. and service delivery platforms for both wireline and wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. carriers, today announced the completion of its acquisition of Paragon Networks International Inc. Under the terms of the transaction, Carrier Access issued approximately 1,334,521 shares of common stock and paid approximately $411,407 in cash for all outstanding shares of Paragon capital stock. The combined company will be headquartered in Boulder, Colorado The City of Boulder (, Mountain Time Zone) is a home rule municipality located in Boulder County, Colorado, United States. Boulder is the 11th most populous city in the State of Colorado, as well as the most populous city and the county . About Carrier Access Corporation Carrier Access designs, manufactures and sells next-generation broadband access communications equipment to wireline and wireless communications service providers. Our products are designed to enable these customers to deploy new media-rich Internet services and converged personalized communications services, while lowering capital and operating costs operating costs npl → gastos mpl operacionales . Our products are used to upgrade access capacity and implement the convergence of IP, voice and data services. We sell our products directly to communications service providers and indirectly through a broad channel of global distributor and communications infrastructure OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and partners. To date, we have shipped over 180,000 units capable of delivering over 3.1 million business service connections. Our customers include wireless service providers, local exchange carriers, multi-cable operators, and international communications providers. For more information visit www.carrieraccess.com. Carrier Access and the Carrier Access logo are registered trademarks of Carrier Access Corporation. Any other trademark is the trademark of its respective owner. |
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