DSL.net Completes Electronic Bonding with Major Local Exchange Carriers and Independent Carriers Across the United States; Company Now a National Leader In RBOC Order Automation.Business Editors NEW HAVEN New Haven, city (1990 pop. 130,474), New Haven co., S Conn., a port of entry where the Quinnipiac and other small rivers enter Long Island Sound; inc. 1784. Firearms and ammunition, clocks and watches, tools, rubber and paper products, and textiles are among the many , Conn.--(BUSINESS WIRE)--Jan. 31, 2001 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 .net, 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 NM: DSLN), a direct provider of high-speed Internet access solutions for small- and mid-sized businesses, has completed integration of electronic data interfaces (EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. ) with the nation's major local exchange carriers (LECs) and received bonding certification from Ameritech, PacBell, Southwestern Bell (all now SBC (1) (SBC Communications Inc., San Antonio, TX, www.sbc.com) A large, national telecommunications company that grew from a multitude of local and regional companies, including Southwestern Bell, Pacific Bell and Nevada Bell, into a single, unified brand by 2002. Communications), Bell Atlantic North, Bell Atlantic South, GTE GTE General Telephone & Electronics GTE Génie Thermique et Énergie (French) GTE Gas Turbine Engine GTE Global Tropospheric Experiment GTE Geothermal Energy GTE Gas Turbine Efficiency plc (Sweden & USA) , (all now Verizon), and U.S. West, to improve the delivery of broadband data services to business customers. "The integration of electronic data interfaces and our bonding certification represents a significant milestone in our growth strategy," said Keith Markley, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of DSL.net. With 17 gateways to the LECs, including bonding for both ordering and address validation, we are unaware of any other national data local exchange carrier (DLEC (Data Local Exchange Carrier) A CLEC that specializes in DSL services primarily by leasing lines from local phone companies and reselling them to ISPs. The DLEC industry got off to a big start in the late 1990s, but ended up in trouble just a couple years later. ) which has developed this level of automation. The combination of our national backbone and electronic data interface integration now allows us to seamlessly process service orders from order entry through provisioning and installation nationwide." DSL.net's EDI integration is facilitated through the use of NightFire(TM) Software Inc.'s NightFire Suite software, an application that allows streamlined communication with ILECs. "DSL.net's aggressive implementation of our NightFire Suite illustrates DSL.net's continued commitment to providing its customers with the highest levels of service available," said Jerry Rudisin, president and chief executive officer of NightFire. DSL.net offers customers a 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 ) service that delivers high-speed Internet connectivity, web hosting, enhanced e-mail capabilities and more using ordinary copper telephone wire. Unlike many other providers of DSL service, DSL.net is a facilities-based provider which deals directly with its customers, affording businesses a single point of contact for the Internet access and services they need to compete and win in today's business climate. DSL.net is continually exploring new services to be provided using DSL technology. About DSL.net Based in New Haven, Conn., DSL.net, Inc. is a high-speed data communications and Internet access provider See ISP. (networking, company) Internet Access Provider - (IAP) A company or other origanisation which provides access to the Internet to businesses and/or consumers. which uses 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 technology to provide high-speed Internet access solutions to small- and medium-sized businesses, throughout the United States. DSL.net allows smaller businesses to migrate their operations online and more equally compete in the Internet economy. As of December 1, 2000, DSL.net had provided service or had installed equipment in over 375 cities. For more information on DSL.net, visit www.dsl.net, e-mail info@dsl.net, or call toll free 1-877-DSL-NET1 (1-877-375-6381). This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are subject to a variety of risks and uncertainties, many of which are beyond DSL.net's control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. In particular, the risks and uncertainties include, among other things, (i) DSL.net's unproven business model, which may not be successful; (ii) DSL.net's ability to execute its business plan in a timely manner; (iii) DSL.net's need for additional funds during 2001, which may not be available on acceptable terms or at all, which could adversely impact DSL.net's ability to implement its business plan; (iv) competition; (v) DSL.net's extremely limited operating history, which makes it difficult to evaluate its business and prospects; (vi) the difficulty of predicting the new and rapidly evolving high-speed data communications industry; (vii) regulatory, legislative, and judicial developments, which could adversely affect the way DSL.net operates its business; and (viii) DSL.net's ability to recruit and retain qualified personnel, establish the necessary infrastructure to support its business, and manage the growth of its operations. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. DSL.net undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise. For additional information regarding these and other risks faced by DSL.net, see the disclosure contained under "Risk Factors" in DSL.net'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 year ended December 31, 1999, which has been filed with the Securities and Exchange Commission. DSL.net's authority to provide certain regulated services is held by its subsidiary companies. DSL.net is a trademark of DSL.net, Inc. Other product and company names herein may be trademarks of their respective owners. |
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