Onyx Networks Selects RiverSoft Interventionless Network Management.Business EditorsComNet 2000 WASHINGTON, DC--(BUSINESS WIRE)--Jan. 25, 2000 Global ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. Also Will Be First Adopter of RiverSoft's i3philOSophy, The Industry's First Network Management Operating System operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. (NMOS (N-Channel MOS) Pronounced "n-moss." A type of microelectronic circuit used for logic and memory chips. NMOS transistors are faster than their PMOS counterpart and more of them can be put on a single chip. It is also used in CMOS design. See MOSFET. ) San Francisco-based Onyx Networks, an emerging provider of state-of-the-art Internet and high bandwidth services to the global market, has selected RiverSoft's interventionless network management platform for managing and monitoring its large-scale wide area network. Onyx, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Pacific Gateway Exchange (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 : PGEX), chose RiverSoft following a detailed evaluation of competitive products. The announcement was made at the COMNET 2000 trade show here, where RiverSoft is exhibiting in Booth no.3038. Onyx is currently implementing RiverSoft's OpenRiver root-cause fault isolation solution for its fast-scaling infrastructure with 75 points-of-presence (POPs) and hundreds of subnets projected by the end of 2002. RiverSoft is closely integrating complementary solutions from InfoVista and FreshWater to provide Onyx with a seamlessly integrated, best-of-breed network management solution. &uot;We are growing rapidly and continually upgrading our Internet infrastructure to ensure high availability Also called "RAS" (reliability, availability, serviceability) or "fault resilient," it refers to a multiprocessing system that can quickly recover from a failure. There may be a minute or two of downtime while one system switches over to another, but processing will continue. and unrivalled performance for our customers, so change management is our highest priority,&uot; said John Villasenor, Onyx senior manager of Network Operations Centers and Client Services. &uot;RiverSoft really challenges conventional network management thinking. While several vendors impressed us during our comprehensive competitive evaluation, Riversoft made our choice obvious with a platform that enabled us to view the connectivity and status of our network on a real time basis. But the real value is that with no intervention needed, our network engineers are able to focus on proactive service issues.&uot; Continued Villasenor, &uot;The most striking feature of RiverSoft's OpenRiver root-cause fault isolation solution is its network auto-discovery. RiverSoft keeps an eye on the status of every component in the system, globally, and does scheduled audits against autodetection. Nothing can be changed on the system without detection, right down to the port level, which is truly amazing.&uot; RiverSoft's topography and root cause fault isolation functions reduce the cost of fault management operations by 60 percent compared with traditional network management tools and techniques, regarded as a conservative estimate by many analysts. RiverSoft is actively winning high-profile customers such as Onyx in the ISP, telecom, banking and financial marketplaces. In addition to its change management and problem pinpointing capabilities, RiverSoft was also selected by Onyx because of the company's architectural vision of the future of network management. Today RiverSoft also announced i3philOSophy, (Ed. Note: please see separate release) the industry's first network management operating system (NMOS), and the development of a suite of FCAPS-based network and systems management solutions. (Ed. Note: FCAPS FCAPS Fault, Configuration, Accounting, Performance, Security management areas FCAPS Fault Configuration Accounting Performance and Security are the five ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. management categories covering fault, configuration, asset, performance and security.) i3philOSophy: A Revolution in Network Management RiverSoft's i3philOSophy is a true Interventionless Internet infrastructure[i(3)] network management operating system [NMOS] designed to handle all device communications and information management. A first-of-a-kind Internet infrastructure management platform for the development of intelligent interventionless network management applications, i3philOSophy enables applications to be implemented rapidly regardless of any changes to the device infrastructure. &uot;Onyx Networks is the kind of forward-thinking, visionary company that can truly leverage the advantages of being an early adopter of our i3philOSophy network management operating system, which we believe will forever change the complexion of network management,&uot; declared Phil Tee, RiverSoft chairman and chief technical officer. &uot;Exponential growth Extremely fast growth. On a chart, the line curves up rather than being straight. Contrast with linear. in e-businesses create a massive conflict today: network availability versus change. The two are mutually exclusive Adj. 1. mutually exclusive - unable to be both true at the same time contradictory incompatible - not compatible; "incompatible personalities"; "incompatible colors" , yet e-businesses require both. The more complex the network, the more complex the administration of the network management tools, and the more network management personnel are needed to support it. i3philOSophy solves that problem and more. No one has ever been able to monitor any network to the depth made possible by i3philOSophy. As the world's first `interventionless' network management technology, it will revolutionize the way the Internet and Internet infrastructures are managed.&uot; Commented Chris Icide, Onyx Networks chief technology officer, &uot;RiverSoft is applying a fresh new approach to managing Internet infrastructures. Unlike other network management products, RiverSoft not only can deliver Internet-class functions and handle change management at Web speed, but also requires much less time to manage than alternative solutions. The combination of FCAPS solutions built on the i3philOSophy NMOS is both powerful and totally logical, and one we eagerly look forward to implementing.&uot; About Onyx Networks ONYX Networks Inc. is a wholly-owned subsidiary of Pacific Gateway Exchange (PGE PGE Pacific Gas and Electric Company PGE Portland General Electric PGE Prostaglandin E PGE Platinum Group Elements PGE Pacific Great Eastern (Railroad) PGE Phenyl Glycidyl Ether PGE Perfect Girl Evolution ). Leveraging the substantial assets of its publicly traded parent company (NASDAQ: PGEX), ONYX Networks provides high-performance Internet connectivity, colocation and remote content solutions to Network Services Providers (NSPs) and multi-national corporations worldwide. ONYX Networks utilizes Pacific Gateway's ownership in 32 undersea fiber optic cable Noun 1. fiber optic cable - a cable made of optical fibers that can transmit large amounts of information at the speed of light fibre optic cable transmission line, cable, line - a conductor for transmitting electrical or optical signals or electric power systems to connect major metropolitan cities in the US and numerous offshore markets. Pacific Gateway has become one of the largest owners of bandwidth, with over $150 million committed to the Japan-US and TAT-14 Cable Networks in the Atlantic and Pacific, enabling it to become a low cost leader of IP infrastructure. In addition to being a facilities-based international telecommunications carrier, Pacific Gateway has 44 operating agreements in 28 countries. Onyx Networks recently acquired UK-based ISP, Onyx Internet, Ltd., a London Internet Exchange
LinX Law Enforcement Information Exchange LINX Logistics Information Exchange ) member and is strategically positioned to acquire additional NSPs worldwide. Onyx Networks plans to offer Internet services in 75 international cities by 2002. Global Internet services are currently available in the following cities: London, England; Middlesbrough, England and Tokyo, Japan, as well as US locations in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , Chicago, Dallas, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , and Washington, D.C., For further information, http://www.onyx.net and http://www.pgexch.com/ About RiverSoft (www.riversoft.com) RiverSoft, the interventionless network management company, is passionate about ensuring e-business availability by solving the performance and management issues associated with Internet infrastructures. It is the developer of i3philOSophy, the industry's first network management operating system (NMOS), and RiverSoft FCAPS-based infrastructure management solutions, including its award-winning fault isolator, OpenRiver. Typical customers are organizations with large and complex networks, such as service providers and financial institutions, whose previous network management tools were unable to cope with the pace of change of Internet infrastructures. Customers include Onyx Networks, SEMA Group Sema Group plc was an Anglo-French IT services company founded in 1988 by the merger of the British CAP Group and the French company, Sema-Metra SA. In 2001 Sema Group plc was acquired by Schlumberger to become SchlumbergerSema. , BT Syncordia, Carrier 1, Booz Allen, Planet Online, Nomura Research Institute and Goldman Sachs The Goldman Sachs Group, Inc., or simply Goldman Sachs (NYSE: GS) is one of the world's largest global investment banks. Goldman Sachs was founded in 1869, and is headquartered in the Lower Manhattan area of New York City at 85 Broad Street. . Detailed information on RiverSoft, its solutions and technology can be found at www.riversoft.com or by contacting marketing@riversoft.com or any of its main offices in San Francisco (415 438 2356), New York (212 754 9000) or London (+44 (0)171 385 6100). OpenRiver is a registered trademark of RiverSoft. All other trademarks and registered trademarks in this document are the properties of their respective owners. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. : Application of the Safe Harbor of 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: this press release contains statements that are not historical facts and may be considered &uot;forward-looking statements&uot; within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, such as statements regarding: the expected number of POPs and subnets projected by the end of 2002 for RiverSoft's root-cause solution infrastructure; Onyx's plans to offer Internet services in 75 cities by 2002; and the expected cost reductions and improvements in service offerings as a result of the use of RiverSoft equipment. Actual results might differ materially from those projected by those statements due to numerous factors including but not limited to: difficulties that might be encountered in entering new businesses and completing major construction projects (such as cable construction projects and data centers), relating for example to the location, acquisition, construction, integration and/or implementation of ISP, backhaul and other facilities; service offerings and sales programs; local access issues; second party construction issues (such as the availability of electrical power and government approvals); increased competition; failure to reduce costs; unforeseeable Un`fore`see´a`ble a. 1. Incapable of being foreseen. Adj. 1. unforeseeable - incapable of being anticipated; "unforeseeable consequences" unpredictable - not capable of being foretold developments relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc operations and construction schedule as well as the Company's Internet and network expansion and operations; regulatory developments in the U.S. and in foreign countries; the Company's success in finding and integrating corporate acquisitions, new offshore facilities, and the construction of cable facilities; the Company's success in developing new business programs; foreign currency fluctuations; termination of operating agreements; changes in the credit markets and in the availability of financing for the Company on acceptable terms; and finding qualified personnel to begin joint venture, Internet and telecom operations in the U.S. and foreign countries. See Pacific Gateway's periodic SEC reports for additional factors that could factors that could cause actual results to differ materially from the results to differ materially from the results projected by the forward-looking statements in this press release. |
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