Carrier Access Marks Tenth Anniversary With Focus On Meeting Demands of Restructured Telecommunications Industry.Business Editors/High-Tech Writers BOULDER, Colo.--(BUSINESS WIRE)--Sept. 20, 2002 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 manufacturer of broadband communications equipment, today celebrates its business growth, technical innovation and market position after 10 years of operations in the telecommunications industry. Equipment developed and manufactured by Carrier Access has helped more than 1,800 telecommunications companies accelerate revenue, lower operating costs operating costs npl → gastos mpl operacionales and extend capital budgets using the company's broadband access See broadband and wireless broadband. and service creation technologies. The company has deployed more than 2.5 million lines of voice and data services for its customers, which include Baby Bells The nickname given to the regional Bell operating companies after Divestiture in 1984. See Bell System and RBOC. , incumbent telephone companies, wireless carriers, long distance carriers and competitive providers. Founded in 1992 by Roger Koenig, Chief Executive Officer, and Nancy Pierce, Chief Development Officer, Carrier Access delivered its first product in 1995. The company grew quickly by developing and selling several innovative communications access products to service providers -- leading to Carrier Access' initial public stock offering in 1998. Throughout its history, Carrier Access has been repeatedly honored as one of Colorado's fastest-growing and most respected young companies. The company was previously listed as No. 7 in Forbes 200 Best Small Companies, and was also named one of BusinessWeek's "Hot Growth" companies. In marking the company's 10-year anniversary, Koenig reiterated Carrier Access' commitment to continuing its tradition of innovation and quality as it meets the demands of the refocused telecommunications industry: "The last ten years have produced historic changes in the telecommunications industry. Competition for local and wireless services, worldwide adoption of the Internet, and historic fluctuations in financial markets for capital continue to produce unprecedented changes in our markets for communications equipment. "Service providers and end-user customers are driven to adopt access products and network solutions that decrease their cost, while increasing their revenues. These are the values that Carrier Access was founded upon and began delivering ten years ago. Our reputation for proven quality and performance continues to deliver today with new customers and new products, especially in the wireless market with sales of our Axxius 800." Carrier Access currently has approximately 300 employees with operations 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 ; Tulsa, Oklahoma Tulsa is the second-largest city in the state of Oklahoma and 45th-largest in the United States. With an estimated population of 382,872 in 2006,[1] it is the principal municipality of the Tulsa Metropolitan Statistical Area, a region of 897,752 residents projected to ; Roanoke, Virginia Roanoke is an independent city located in the Commonwealth of Virginia. The city of Roanoke is adjacent to the city of Salem and the town of Vinton and is otherwise surrounded by, but politically separate from, Roanoke County. ; and Camarillo, California. The company has introduced three new products in 2002 for wireless transport efficiency, enterprise IP voice services, and low-cost fiber access. Forward-Looking Statement 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. Caution This press release contains forward-looking statements regarding the performance and cost benefits of the use of our products in broadband access and service creation. We caution that actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, changing market conditions, growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. within our industry, the introduction of new competition and technologies, and other risks and uncertainties including those factors discussed in the company's Annual 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. for the year ended December 31, 2001, and other documents periodically filed with the Securities and Exchange Commission. We disclaim any obligation or intention to revise or update any forward-looking statements, whether as a result of new information, future events, or otherwise. For more information, visit www.carrieraccess.com. |
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