Crosswave Adds New Features to Enhance Wide-Area Ethernet Platform Service.Business Editors TOKYO--(BUSINESS WIRE)--Sept. 25, 2002 Enhancing Customer Support through "Network Monitoring The term network monitoring describes the use of a system that constantly monitors a computer network for slow or failing systems and that notifies the network administrator in case of outages via email, pager or other alarms. " and "Managed Router router Portable electric power tool used in carpentry and furniture making that consists of an electric motor, a base, two handle knobs, and bits (cutting tools). A router can cut fancy edges for shelving, grooves for storm windows and weather stripping, circles and ovals " services Crosswave Communications Inc. ("Crosswave", 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 : CWCI CWCI California Workers' Compensation Institute ), announced today that it will add new features to its flagship, Wide-area Ethernet Platform service. The new "Network Monitoring Service" and "Managed Router Service" will be implemented as of October 1, 2002. "We have developed and will implement these new value-added features based on our experience in operating our Wide-area Ethernet Platform service, which we believe was the first service of its kind in the world when launched in October 1999. These new features provide for greater operational ease and allow customers to more easily construct and operate their corporate private networks in a more cost-effective manner," said Akio Onishi, 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 Crosswave. "We continue to anticipate the changing businesses of our corporate and enterprise clients and develop and refine our service offerings to ensure we meet and exceed their needs." Network Monitoring Service The "Network Monitoring Service" is available to Crosswave's Wide-area Ethernet Platform service customers and provides uninterrupted monitoring of the operating status of network equipment installed at the user's facilities. ---------------------------------------------------------------------- Monitoring and Reporting -- Monitors operating status of network equipment 24 hours a day, 365 days a year. -- Reports equipment failures whenever detected, to the contact point specified by the user via telephone, facsimile or email. Monitored Equipment -- Network equipment, such as routers, connected to terminal devices operating on the Wide-area Ethernet Platform. Service Charges -- Initial Setup Fee: 35,000 yen per contract -- Monthly Fees: Monthly fees are comprised of the total of items 1 and 2 below. 1. Monthly basic fee: 50,000 yen per contract 2. Monthly node fee: 4,000 yen per monitored device ---------------------------------------------------------------------- The Network Monitoring Service provides customers with a timely, accurate, and cost-effective method for the detection and diagnosis of equipment failure. Managed Router Service The "Managed Router Service" offers customers of Crosswave's Wide-area Ethernet Platform service an even wider range of support in network operations than the "Network Monitoring Service." Through this service, customers can rent their network routers from Crosswave while also outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. operations to Crosswave. ---------------------------------------------------------------------- Service Description -- Rent out routers to connect to Wide-area Ethernet Platform service. -- Operation and maintenance of rented routers, including network design, configuration, maintenance, operation, and monitoring, as well as service for equipment failures. Service Charges -- Initial Setup Fee: 60,000 yen per contract(a) and up -- Monthly Fees: 18,000 yen per contract(a) and up (a) These charges apply to customers using "SEIL neu" series routers made by Internet Initiative Japan Inc. ---------------------------------------------------------------------- Crosswave's "Managed Router Service", will enable customers who previously leased routers individually from each vendor and had separate contracts with systems integrators An individual or organization that builds systems from a variety of diverse components. With increasing complexity of technology, more customers want complete solutions to information problems, requiring hardware, software and networking expertise in a multivendor environment. for network configuration, maintenance, and operation, to enjoy a "one-stop" solution offered by Crosswave. About Crosswave Crosswave Communications Inc. (NASDAQ: CWCI) offers broadband broadband Term describing the radiation from a source that produces a broad, continuous spectrum of frequencies (contrasted with a laser, which produces a single frequency or very narrow range of frequencies). data communication services on Japan's first nationwide fiber-optic network specifically designed and dedicated to data traffic. Crosswave was established in October 1998 by Internet Initiative Japan Inc. (IIJ IIJ Internet Initiative Japan IIJ Internet Initiative Japan Inc. (Internet Service Provider) IIJ Indo-Iranian Journal IIJ Is It Jazz (Boston band) , NASDAQ: IIJI IIJI Internet Initiative Japan, Inc. ), Sony Corporation and Toyota Motor Corporation with the goal of providing advanced, high-speed, cost-effective, end-to-end data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. services to customers in Japan and to take advantage of market growth and demand for broadband data communications networks. The statements within this release contain forward-looking statements 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. about our future plans that involve risk and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents filed by Crosswave Communications Inc. with the SEC, specifically the most recent reports on Forms 20-F and 6-K, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. |
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