NEC and Terayon Cooperate on DSL Access Systems.Business Editors/High-Tech Writers SANTA CLARA, Calif.--(BUSINESS WIRE)--June 26, 2000 Terayon Communication Systems Inc. (Nasdaq:TERN) today announced its OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and agreement granting NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. sales and marketing rights to Terayon's IPTL IPTL Integrated Project Team Leader IPTL Integrated Priority Target List IPTL Integrated Program Team Leader (TM) 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 access system, which enables carriers to deliver integrated voice and high-speed data services to business users. NEC will distribute IPTL throughout Asia and Central and South America. The agreement was reached after NEC conducted more than six months of technical reviews, qualification tests and market surveys to confirm the capabilities of Terayon's IPTL DSL system and its market viability. NEC will support its IPTL sales effort with a complete marketing campaign. The companies also plan to integrate IPTL with NEC's carrier systems to create a complete end-to-end networking solution. "NEC is aware of the emerging demand for next-generation DSL systems that will bring more value to the business sector of telecommunications users. We found Terayon's IPTL solution to be very advanced in both its symmetrical DSL features as well as the added value features provided above the SDSL See DSL. SDSL - Single-line Digital Subscriber Line . We believe that systems of this kind can strengthen NEC's position in the converged services access market segment," noted Nick Satomi, vice president of NEC's Overseas Transmission. "With its global reach and its position as one of the world's leading telecommunication systems vendors, NEC is a perfect partner to help build a worldwide presence for our IPTL system," said Gershon Schatzberg, general manager for Terayon's Integrated DSL systems. Terayon's IPTL DSL access system enables carriers to offer integrated, carrier-class voice and high-speed data services to the growing small office/home office See SOHO. (SOHO Soho (sōhō`, sə–), district of Westminster, London, England, known for its continental restaurants. Once a fashionable quarter, it became popular among writers and artists in the 19th cent. ) and small-to-medium enterprise (SME) markets. An integrated system, IPTL is composed of an Integrated Access Device An IAD is a customer premises device that provides access to wide area networks and the Internet. Specifically, it aggregates multiple channels of information including voice and data across a single shared access link to a carrier or service provider PoP (Point of Presence). (IAD) located at a SOHO or SME, linked to Terayon's VDAS-3000(TM) access concentrator at a carrier's central office. IPTL uses SDSL (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. ) technology to deliver the symmetric two-way bandwidth necessary for carrier-class voice and high-speed data services. In addition to voice and data services, carriers can use IPTL to provide their SOHO and SME customers a variety of value-added services, including IP routing with Quality of Service (QoS), Virtual Private Networks (VPN), firewall, PBX, Voice over IP (VoIP), video conferencing and caching features, all over one existing twisted copper pair wire. About NEC NEC, recognized as a worldwide leader in high technology, is one of the few companies capable of offering a full spectrum of products and systems in semiconductors, electron devices, communications, computer peripherals, imaging, and computers. NEC is poised to play a vital role in the multimedia age, providing solutions through enhanced C&C (the integration of computers and communications) products and services. NEC's goal is to link the world and transform it into a cooperative global village. NEC continues to explore frontiers for core C&C technologies that will advance societies worldwide toward deepened mutual understanding and fulfill human potential. About Terayon Terayon Communication Systems provides innovative broadband access systems for delivering advanced voice, data and video services over cable, DSL and satellite networks. The company's broadband cable and DSL systems have been deployed by the world's leading cable and telecommunications carriers. Terayon, headquartered in Santa Clara, California Santa Clara, California (IPA: /ˌsæntəˈklærə/) , founded in 1777 and incorporated in 1852, is a city in Santa Clara County, in the U.S. state of California. , has sales and support offices worldwide, and is traded on the Nasdaq under the symbol TERN. Terayon can be found on the web at www.terayon.com. "Safe Harbor" Statements under the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995: Except for the historical information contained herein, this news release contains forward-looking statements, estimates, and assumptions by the Company and other parties that involve risks and uncertainties, including the Company's ability to gain new business, the expansion of operations by the Company's customers and the deployment of the Company's products in specific markets, as well as the other risks detailed from time to time in the Company's filings with the SEC. Note: Terayon, the Terayon logo, TeraPro, TeraLink, and TeraComm are registered trademarks of Terayon Communication Systems, Inc. TeraView, CherryPicker, HighLink, IPTL, IPAIR , VDAS VDAS Video Digital Analysis System (NASA laboratory) VDAS Velocity Data Acquisition System 3000 and VDAS300 are trademarks of Terayon Communication Systems, Inc. All other trademarks are property of their respective owners. |
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