Elastic Networks Announces EtherLoop2 Technology.Business Editors & Technology Writers ATLANTA--(BUSINESS WIRE)--June 5, 2001 Enables Ethernet at 100 Mbps Over Regular Phone Lines Elastic Networks (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 : ELAS ELAS Elastic ELAS Equitable Life Assurance Society ELAS Ethnikos Laikos Apeleftherotikos Stratos (Greek: National Popular Liberation Army) ELAS Enhanced Logbook Automation System (US Army aviation initiative) ) today announced its industry-first EtherLoop2(TM) technology. Etherloop2 technology expands the capabilities of EtherLoop(TM) exponentially by delivering services at rates up to 100 Mbps and at distances up to 21,000 feet, exceeding conventional xDSL rates by more than 90%. EtherLoop technology enables a copper bridge to optical Ethernet networks. The unique IP-native Ethernet solution adapts to existing copper lines, avoids interference with other signals and has flexible bandwidth symmetry. EtherLoop's adaptability eliminates the need for loop conditioning and continuously maximizes performance in an unpredictable and constantly changing loop environment. EtherLoop has been successfully deployed by service providers in the carrier, MDU/MTU, hospitality and international markets. "EtherLoop2 technology will truly change the economics of providing broadband services over the first mile," stated Guy Gill, 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. and President of Elastic Networks. "With EtherLoop2's simplicity and efficiency of IP along with bandwidth up to 100 Mbps, service providers will be able to deliver unlimited applications over copper, enabling increased revenues and margins." "EtherLoop2 promises to build on Elastic Network's established track record in deploying EtherLoop products," said Matt Davis Matt Davis (1976 - August 10, 2003) was most notably the lead vocalist and guitarist for the post-hardcore outfit Ten Grand. Davis was an accomplished guitarist, bold vocalist, and was also known to be gentle and personable off-stage. He was especially known for giving bear hugs. , Program Manager at the Yankee Group (the Yankee Group, Boston, MA, www.yankeegroup.com) A major market research, analysis and consulting firm founded in 1970 by Howard Anderson. It provides general consulting and strategic planning in the computer and communications field. . "EtherLoop2's dramatic increase in rate will create a cost-effective high-speed transport alternative for service providers seeking to deliver broadband applications over copper." Broadband applications supported by EtherLoop include voice, data, IP-television and video, voice over IP, video on demand, voice/data/video telecommuting telecommuting, an arrangement by which people work at home using a computer and telephone, transmitting work material to a business office by means of a modem and telephone lines; it is also known as telework. and tele-education. EtherLoop2 will also support HDTV (High Definition TV) A set of digital television (DTV) standards that offer the highest resolution and sharpest picture. Although some HDTV sets are available in standard (rather square) screen sizes, the overwhelming majority of sets are wide screen, which eliminates , digital television, interactive shopping, smart home, teleconferencing, telemedicine and numerous other applications. Elastic Networks' products are marketed to carrier and enterprise customers through both direct sales and a large network of partners. "Elastic's success at clients like Verizon is proving that their innovative approach is finding room in the marketplace," said Dave Burstein, editor of 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 Prime. Elastic Networks has filed patent applications for its industry-leading EtherLoop2 technology. The company currently holds multiple patents for EtherLoop, which provides high-speed first mile access at speeds up to 10 Mbps. EtherLoop2 enabled prototypes are expected in spring 2002, with products expected to ship in late fall 2002. About Elastic Networks Inc. Elastic Networks is a broadband leader in first-mile Ethernet access solutions, deploying its patented EtherLoop technology across a variety of products and high-speed multi-media applications. With the introduction of the Storm System family of intelligent IP-over-Ethernet products, Elastic Networks has successfully addressed the needs of the carrier, enterprise, MDU/MTU and hospitality markets for high-speed first-mile access solutions that deliver top quality service to end users while eliminating costly deployment and complicated support issues for service providers. Additionally, Elastic Networks is building strategic relationships with distributor, chip manufacturing and data networking partners. The company has offices in Alpharetta, GA, Toronto, and Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. . For more information about Elastic Networks and its patented EtherLoop technology and products, visit www.elastic.com or contact Elastic's U.S. headquarters in Alpharetta, Georgia Alpharetta is a city in Fulton County, Georgia, United States. As of 2006 census estimates, the city had a total population of 43,424[1]. Selected for its location next to a spring, it began as a campground, and was originally known as at 678-297-3100. For investor information, e-mail our Investor Relations Investor relations The process by which the corporation communicates with its investors. group at irinfo@elastic.com, or call 678-297-3100. Elastic Networks forward looking statements Certain of the statements contained in this release are forward-looking statements (rather than historical facts) that are subject to risks and uncertainties that could cause actual results to differ materially from those described. With respect to such forward-looking statements, the Company seeks the protections afforded by 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. These risks include, without limitation, (1) that the Company may fail to be competitive with existing and new competitors, (2) that the Company may not maintain or grow its level of revenues, given its currently limited customer base, (3) that the Company's limited number of product offerings may fail to achieve widespread market acceptance, (4) that negative changes in customer demands and requirements regarding our prices, technology and products may occur, (5) that DSL technology may fail to achieve widespread market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" , (6) that interruptions or disruptions in our product shipments and/or our various arrangements with our distributors, manufacturers or resellers may negatively impact our ability to make sales and/or minimize our costs, (7) that the Company may not adequately respond to technological and regulatory developments impacting the telecommunications industry, (8) that needed financing may not be available to the Company if and as needed as needed prn. See prn order. , (9) that a decline in the size and potential growth of the MTU (1) (Maximum Transmission Unit, Maximum Transfer Unit) The largest frame size that can be transmitted over the network. For example, an Ethernet MTU is 1,500 bytes. Messages longer than the MTU must be divided into smaller frames. , carrier and international markets for our technology may occur, (10) that a significant reversal in the trend toward increased usage of the Internet may occur, (11) that a drastic, negative change in the U.S. economy or market conditions may occur, and (12) that some other unforeseen difficulties may occur from time to time. This list is intended to identify certain of the principal factors that could cause actual results to differ materially from those described in the forward-looking statements included elsewhere herein. These factors are not intended to represent a complete list of all risks and uncertainties inherent in the Company's business, and should be read in conjunction with the more detailed cautionary statements included elsewhere in the Company's most recent filings with the SEC. |
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