Choice One and Paradyne Enter Strategic Partnership to Provide High-Speed Voice and Data Services Using DSL Technology.ROCHESTER, N.Y./LARGO, Fla.--(BUSINESS WIRE)--Sept. 8, 1999-- Next generation ICP (1) (Internet Cache Protocol) A protocol used by one proxy server to query another for a cached Web page without having to go to the Internet to retrieve it. See CARP and proxy server. to install Paradyne's Hotwire(R) 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 and MVL MVL Multiple-Valued Logic MVL Multiple Virtual Line MVL Montavista Linux MVL Moshannon Valley League (Pennsylvania high school baseball) MVL Mercury Vapor Light MVL Minimum Vector Length MVL Musikverein Lustenau (TM) equipment in Northeast markets Choice One Communications Choice One Communications is a Rochester, New York-based CLEC providing Telecommunications services to commercial entities. The company was founded in 1998 as an "alternative to the incumbent local phone carriers". Inc. and Paradyne (Nasdaq:PDYN), a leading innovator of broadband network access products, today jointly announced a multi-million dollar strategic partnership to provide eight Northeast markets with 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) Internet access See how to access the Internet. based exclusively on Paradyne's Hotwire product family. A full-service telecommunications provider serving small and medium-sized businesses in the Northeast, Choice One is installing Paradyne's Hotwire DSL and MVL (Multiple Virtual Lines) products in each of its target markets, which currently include Pittsburgh, PA; Buffalo, Rochester, Syracuse and Albany, NY; Providence, RI; Springfield, MA; and Manchester, NH. The company is collocating its switching and DSL equipment inside the central offices of the incumbent telephone company. In anticipation of Choice One's network deployment plans, the strategic partnership is valued at approximately $15 million. Choice One selected the Hotwire high-density DSL Access Multiplexer (DSLAM (DSL Access Multiplexor) A central office (CO) device for ADSL service that intermixes voice traffic and DSL traffic onto a customer's DSL line. It also separates incoming phone and data signals and directs them onto the appropriate carrier's network. See DSL. ) and a combination of RADSL See DSL. (rate adaptive DSL) and MVL modems, which will enable the company to offer tiered symmetric and asymmetric DSL services to its large commercial customers as well as smaller businesses. In addition, Choice One expects to deploy Paradyne's new high-density SDSL See DSL. SDSL - Single-line Digital Subscriber Line modems when they become available later this year. Paradyne's Hotwire DSL technology enables data transmission at speeds of up to 7 Mbps over standard copper phone lines. This technology is particularly well-suited to Choice One's clientele, who require high-speed Internet See broadband. access, along with a complete portfolio of voice services, without the costly installation of multiple lines or a dedicated T1 line. "DSL is an efficient platform for addressing the emerging broadband needs for voice, data and video," said Steve Dubnik, chairman 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. for Choice One. "Paradyne's Hotwire product family is a cost-effective, value-added alternative for smaller businesses and a critical component of our strategy to provide our clients with a robust portfolio of integrated voice and data services. In Paradyne, we have identified a technology partner committed to supporting our aggressive DSL deployment with reliability, performance and a dedication to customer service. Paradyne's cutting-edge technology has made them a leader in this business for more than 30 years. This is an excellent strategic partnership." "Choice One is a rapidly growing, integrated communications provider (ICP) that is leveraging the convergence of voice and data services by deploying advanced DSL technology and offering its clients the highest quality products and service," said Andy May Andy May (born in Shrewsbury, 1987) is Sports Presenter and Journalist with the BBC, who started his career at the age of eleven with Children's radio station, Takeover Radio. , president and CEO for Paradyne. "Paradyne is thrilled to support Choice One's entry into this explosive market with our Hotwire multiservices DSL solutions." DSL technology provides access to the Internet and other data services at speeds up to 125 times faster than conventional dial-up service over the same copper wire. Because it is "always on," DSL technology provides immediate and unlimited high-speed Internet access without requiring dial-up services. The Hotwire multiservices platform allows Choice One to maximize its addressable Reachable. When something is addressable, it can be identified and manipulated independently of its surroundings. For example, screen pixels and RAM memory are addressable. Each of the screen's picture elements can be individually turned on and off, and each of the memory's bytes can be market using a variety of technologies, which are matched with the types of voice and data services being offered by the provider. Using one scalable Hotwire DSLAM, Choice One can customize a variety of asymmetric and symmetric services simply by adding a different subscriber line card to the existing chassis - without the expense of a new chassis efficiently using the space within the central office environment. Choice One is offering DSL service under the "ChoiceAccess" product umbrella with monthly fees that vary depending on the transmission speed and bandwidth selected by the customer. Choice One's unique OneBill solution offers a single invoice that consolidates information and charges for all voice and data services. ABOUT CHOICE ONE Headquartered in Rochester, N.Y., Choice One offers local telecommunications service, long distance, data, Internet and DSL solutions targeting small to medium-size businesses in the Northeast. The company is making significant long-term commitments in its target markets by deploying Lucent 5ESS integrated switching and data platforms. With Paradyne's DSL technology, also supplied through Lucent, Choice One offers its clients fully integrated high-quality solutions for telecommunications services. Choice One currently serves clients in Albany, Syracuse and Buffalo, N.Y.; Pittsburgh, Pa.; and Providence, R.I. The company expects to begin offering telecommunications service in Springfield, Mass., Rochester, N.Y. and Manchester, N.H. later this year. Additional information on Choice One Communications is available on the company's Web site: www.choiceonecom.com. ABOUT PARADYNE Headquartered in Tampa Bay, Fla., Paradyne is a leading innovator, developer and manufacturer of broadband network access products and technology. The company is recognized as a market leader in Digital Subscriber Line, T1 and Service Level Management products. Paradyne markets its award-winning Hotwire DSL and FrameSaver(R) Service Level Management systems to Network Service Providers (NSPs) and business customers. Paradyne also licenses ETC ETC - ExTendible Compiler. Fortran-like, macro extendible. "ETC - An Extendible Macro-Based Compiler", B.N. Dickman, Proc SJCC 38 (1971). (R) and Tripleplay(TM) technology, and intellectual property incorporated in the V.90 standard. For more information on Paradyne and its products, call 1-800-PARADYNE (U.S. and Canada), 1-727-530-8623 or visit www.paradyne.com. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under 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: Statements in this press release regarding Paradyne Corporation's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the company's prospectus dated July 15, 1999. Editors Note: Visit Paradyne's virtual pressroom at www.paradyne.com/news_n_events/press_room for product images and/or additional information. Product availability and pricing subje, Tripleplay and TruePut are trademarks of Paradyne Corporation. Acculink, ETC, Hotwire, FrameSaver and Performance Wizard are registered trademarks of Paradyne Corporatr respective owners. |
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