ECI Telecom chosen by Belgacom as sole supplier of pair gain solutions; Multi Year Supply Agreement Could Exceed $30M.PETAH TIKVA, Israel--(BUSINESS WIRE)--February 11, 1997--ECI Telecom Ltd., (NASDAQ/NM symbol: ECILF) announced today that it has been selected to be Belgacom's sole supplier of Access Network pair gain multiplexer See multiplexor and multiplexing.
multiplexer - multiplexor solutions.
Under the terms of the agreement, ECI ECI Employment Cost Index
ECI Election Commission(er) of India
ECI Enterprise Content Integration
ECI Early Childhood Intervention
ECI Environmental Change Institute will deliver and deploy its ACCESS products including: PCM (1) See phase change memory.
(2) (Plug Compatible Manufacturer) An organization that makes a computer or electronic device that is compatible with an existing machine. 2, PCM4, PCM11, and ASLMX systems. The contract was awarded for an initial period of three years with an option to extend to five years. ECI estimates that under the framework contract, sales over the three year period could exceed BF990M (about US$30M).
As explained by a Belgacom official: "Belgacom favoured ECI's overall Access Network strategy, comprising a broad range of Access Network solutions and products. By employing ECI's pair gain solutions, Belgacom will be able to expand and renew its existing network infrastructure quickly and in a cost-effective way, while maintaining a high standard of performance through use of PCM transmission".
Mr. Uri Kashti, ECI's Corporate VP and General Manager of the Access Network Strategic Business Unit, added: "We are very pleased to be able to provide Belgacom with our Access Network solutions. ECI's pair gain systems delivered to Belgacom will be supported by a sophisticated management system and will incorporate a special copper wire line testing feature that ensures automatic subscriber line The line from the customer site to the local telephone company. See subscriber network. connection, thus enhancing service to customers".
The framework contract contains the basic understanding of the parties and the Company's estimate of future sales which are based upon its current view of customer future individual orders.
ECI Telecom's Access Network solutions are deployed worldwide with significant installations in Germany, UK, Czech Republic Czech Republic, Czech Česká Republika (2005 est. pop. 10,241,000), republic, 29,677 sq mi (78,864 sq km), central Europe. It is bordered by Slovakia on the east, Austria on the south, Germany on the west, and Poland on the north. , Hungary, France, Philippines, USA, South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. and elsewhere in the world.
A provider of integrated network A network that supports both data and voice and/or different networking protocols. See converged network and new public network. solutions, ECI TELECOM ECI Telecom Ltd NASDAQ: ECIL, is a telecommunication equipment manufacturer based in Petah Tikva, Israel. designs, develops, manufacturers and markets digital telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. and data transmission systems, enabling network operators to deliver cost-effective services. ECI TELECOM's systems provide capacity expansion, flexibility and management functions to better utilize existing and new telecommunications, data and integrated networks.
This press release and additional information about the Company, is now available on ECI TELELCOM's site on the World Wide Web: http//www.ecitele.com.
Certain statements contained in this release may contain forward-looking information with respect to plans, projections or future performance of the Company, the occurrence of which involves certain risks and uncertainties, including, but not limited to, product and market acceptance risks, the impact of competitive pricing, product development, commercialization and technological difficulties and other risks detailed in the Company's filings with the Securities and Exchange Commission.
CONTACT: Lippert/Heilshorn & Associates, Inc
Jody Burfening/Jennifer Agatston
212-838-3777 (ext. 106 or ext. 128)
ECI Telecom Ltd.
Doron Inbar, Tel: 972-3-9266585