DSL.net Migrates Over 2500 Former Zyan Customers Over Memorial Day Weekend.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)--May 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 See broadband. access solutions for small- and medium-sized businesses, successfully completed the migration of over 2500 small business and home office DSL (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 ) customers of Zyan Communications to its network over the recent Memorial Day weekend. As an outgrowth of Zyan's bankruptcy proceeding, DSL.net purchased the right to solicit the DSL Internet access See how to access the Internet. business of certain former direct, retail customers of Zyan from Covad Communications, Zyan's wholesale circuit provider. DSL.net negotiated separate arrangements with Covad and Zyan to migrate these former Zyan customers to its network. The Company worked with Zyan to develop and implement a web-based conversion tool that facilitated easy, rapid migration of the former Zyan customers to DSL.net's subscriber base. "At DSL.net, we believe we have the right combination of capabilities across a broad national footprint to provide service to many customers being disconnected," 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, Inc. "Our expedited migration of Zyan's customers over the holiday weekend clearly demonstrates our ability to handle large customer volumes in a compressed time period and underscores our commitment to keep end users' DSL connections up and running with minimal to no service interruption." About DSL.net Based in New Haven, Conn., DSL.net, Inc. is a high-speed 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. 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. that uses digital subscriber line technology to provide high-speed Internet access solutions to small- and medium-sized businesses throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . DSL.net allows smaller businesses to migrate their operations online and more effectively compete in the Internet economy. As of March 31, 2001, DSL.net 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 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, and disclaims any 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, 2000, 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. All other trademarks contained herein are the property of their respective owners. |
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