Celite Systems' DSL Headend Device Awarded Fastest Time to Market at COMNET; New Product Achievement Award Recognizes Innovation and Return on Investment.Business Editors/High-Tech Writers AUSTIN, Texas--(BUSINESS WIRE)--Feb. 26, 2003 Celite Systems, Inc., (www.celitesystems.com) announced today its CS200/CS400 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 Headend(tm) product won a COMNET COMNET - A simulation tool from CACI for analysing wide-area voice or data networks, based on SIMSCRIPT. New Product Achievement Award. As one of only six companies recognized in a ceremony on the COMNET show floor, Celite Systems was lauded for its technology innovation and excellence in the networking industry. Celite Systems' product was specifically called out for the Faster Time to Market award. Celite Systems' DSL Headends are designed for facility-based copper access providers (RBOCs, IOCs, and PTTs) to cost effectively deliver broadband services to the mass market. Carriers can reduce their CAPEX and OPEX See CAPEX. associated with provisioning and activating broadband access See broadband and wireless broadband. subscribers by more than 75 percent, resulting in greater price flexibility to capture additional broadband Internet See broadband. customers. Since it is crucial for companies to recognize an immediate return on technology investments, the Faster Time to Market award recognized the product that exhibited the greatest potential to help a user company get their product or application to their customers as soon as possible. Ease of use and integration, overall compatibility with existing installed IT and overall functionality within key applications are some of the other criteria evaluated when determining Celite Systems' product as the award winner. "This award validates our corporate mission to quickly enable the mass market deployment of broadband," said Celite Milbrandt, founder and CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. of Celite Systems. "By pre-wiring neighborhoods and delivering instant service activation, we solve the need for facility-based carriers to reduce time and cost to deploy DSL service, thus accelerating their ability to drive customer capture. Cutting the cost to provide DSL to customers also allows carriers to increase profit margins and consider pricing action for consumers." Judging the COMNET New Product Achievement Awards were: John Dix John Dix is the name of two Governors of the State of New York:
"We used the services of eight prominent, independent judges to carefully screen the awards' entries and arrive at the winning choices," notes Bill Laberis, NPAA NPAA National Programme for the Adoption of the Acquis (European Union) NPAA National Professional Anglers Association NPAA Newbury Park Adventist Academy NPAA Northern Plains Atlatl Association NPAA Nether Providence Athletic Association program coordinator. "They did their work free of any outside influences and in the fairest and most comprehensive manner possible. That's why these awards and the winners are really the cream of the technology crop." About Celite Systems, Inc. Celite Systems is changing the game for facility-based service providers, driving rapid and profitable deployment of broadband services to residential subscribers. By pre-provisioning entire neighborhoods, the company's outside plant broadband products help service providers bring broadband to every home with only one truck roll. Incorporating novel technology that activates subscriber's broadband services as easy as dial-up, the up front cost of adding new subscribers is dramatically reduced. The company's products work seamlessly with current generation DSL products and are non-disruptive to established services. Celite Systems was founded in July 2001 and received Series A funding in February 2002 from Austin Ventures and Highland Capital Partners Highland Capital Partners is a global venture capital firm with offices located in Boston, Silicon Valley, Geneva, and Shanghai. Since its inception in 1988, the firm has invested in more than 180 early and growth stage companies and taken a sector-focused approach to investing in . For more information on the company, please visit http://www.celitesystems.com. |
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