Celerity Systems Announces Interoperability With Cisco DSL Products.KNOXVILLE, Tenn.--(BUSINESS WIRE)--July 30, 1998--Celerity Systems Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CLRT CLRT Continuous Lateral Rotation Therapy CLRT Command Logistics Review Team CLRT Cranial Laser Release Technique ) today announced the successful completion of interoperability tests between Celerity's interactive video products and Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. 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 products. Celerity ce·ler·i·ty n. Swiftness of action or motion; speed. See Synonyms at haste. [French célérité, from Old French, from Latin celerit Systems is a leading provider of interactive video servers, digital set top boxes, and related products and services, including end-to-end systems integration. The tests were conducted in a test lab in Cisco's San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. headquarters and confirmed the ability of Celerity's interactive video products to deliver video for high-speed, interactive applications such as shopping, banking and games over Cisco DSL products. "We believe that it is significant that we have been able to work with Cisco to demonstrate the ability of our products to function together in an end-to-end system for the delivery of interactive video services," said Ken Van Meter, 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 Celerity Systems. "By demonstrating the ability of our video servers and set top boxes to work with the Cisco network equipment, we will be well positioned to pursue the many projects that we have identified where Cisco networks are already in place or would be an ideal choice." "Video applications such as video-on-demand, distance learning, and videoconferencing are prime examples of interactive video and internet applications driving demand for DSL," said Sayuri Sharper, Director, DSL Marketing for Cisco Systems. "We are pleased to work with Celerity to ensure high-speed video delivery via DSL technology that will enable service providers to offer the innovative applications their customers desire." This press release contains forward-looking statements concerning Celerity Systems, Inc., (the "Company"). Such statements involve various risks that may cause actual results to differ materially from those expressed in such forward-looking statements. These risks and uncertainties include, but are not limited to: market demand for the Company's products, successful implementation of the Company's products, competitive factors, the ability to manage the Company's growth and the ability to recruit additional personnel and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission, including but not limited to, those described under the caption "Description of Business - Risk Factors" 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 fiscal year ended Dec. 31, 1997.
CONTACT: Celerity Systems Inc., Knoxville
James Fultz, 423/539-5300
or
Ackermann Public Relations & Marketing
Cindy McConkey, 423/584-0550
URL: http://www.celerity.com
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