Covad Communications Adds Symmetric DSL, SDSL, Services to Portfolio.SANTA CLARA, Calif.--(BUSINESS WIRE)--Sept. 1, 1998--Covad Communications Company, the first Packet Competitive Local Exchange Carrier (PCLEC PCLEC Packet Competitive Local Exchange Carrier ) and a leading provider of digital communications services, today announced it has extended its high-speed data offerings to include Symmetric Digital Subscriber Line Symmetric Digital Subscriber Line (SDSL) is a Digital Subscriber Line (DSL) variant with E1-like data rates (72 to 2320 kbit/s). It runs over one pair of copper wires, with a maximum range of about 3 kilometers. (SDSL See DSL. SDSL - Single-line Digital Subscriber Line )- based services. Adding to its string of firsts, Covad is now the only DSL-based service provider to support Asymmetric DSL (ADSL See DSL. ADSL - Asymmetric Digital Subscriber Line ), ISDN ISDN in full Integrated Services Digital Network Digital telecommunications network that operates over standard copper telephone wires or other media. DSL (IDSL See DSL. ) and SDSL services - providing its customers with more choices of speed and the broadest coverage within its service areas. Two new SDSL offerings, TeleSpeed(SM) 192 and TeleSpeed(SM) 768, are now available and provide symmetric upstream and downstream speeds of 192Kbps and 768Kbps respectively. TeleSpeed 192 is an entry-level SDSL alternative to Covad's existing TeleSpeed 144 IDSL service, providing an easy migration path to higher speed services without a change of customer equipment as companies grow and bandwidth demands increase. TeleSpeed 768 enables Covad's corporate customers and Internet Service Provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. (ISP) Channel Partners to provide their teleworkers and small- to medium-size businesses with a new service option between the existing TeleSpeed 384 (384Kbps) and TeleSpeed 1.1 (1.1Mbps) services. "Covad continues to listen to its customer base and to deploy new services to meet their needs," stated Chuck Haas, Covad's Vice President of Sales and Marketing. "Support of ADSL, IDSL and SDSL demonstrates Covad's flexibility and market focus as compared to larger and slower moving competitors." Covad is currently taking orders for all of its TeleSpeed services in the Boston, Los Angeles, New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. and the San Francisco Bay/Silicon Valley metropolitan areas. About Covad Communications Company Covad Communications is a Packet Competitive Local Exchange Carrier (PCLEC) that provides digital communications services to corporations and Internet Service Providers that require greater bandwidth and better support to meet the needs of their internal and external customers. Covad was the first PCLEC to deliver its 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)- based services to the market and is a leading competitive carrier focused on high-bandwidth data communications. Covad Communications' corporate headquarters are located at 2330 Central Expressway, Santa Clara, Calif., 95050. For more information concerning Covad Communications Company and the TeleSpeed(SM) service visit: http://www.covad.com, or email sales@covad.com. Telephone: 408-490-4500 or 1-888-GO-COVAD; FAX: 408-490-4501. Safe Harbor 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: The statements contained in this release which are not historical facts may be deemed to contain forward-looking statements, including but not limited to statements regarding expected deployment in additional cities and the breadth of coverage in each market. The occurrence of such events involves risks and uncertainties, including, without limitation, demand and competition for the services and the products to be sold by the Company, the continued availability to the Company of adequate financing to support its activities, the ability of the Company to upgrade customer service speeds, and other risks and uncertainties detailed in the Company's Securities and Exchange Commission filings.
CONTACT: Covad Communications Company
Lou Pelosi, 408/490-4549
lpelosi@covad.com
or
Sterling Communications, Inc.
Erica Osman, 408/441-4100
eosman@sterlingpr.com
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