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Pannaway Technologies Service Convergence Network (SCN(TM)) System Added to RUS List of Materials; RUS Acceptance Enables Rural IOCs to Leverage Pannaway's Multi-Award Winning Access Solution for the Delivery of Triple Play Services.

PORTSMOUTH, N.H. -- Pannaway Technologies, Inc., designers and developers of converged broadband voice, video and data platforms, today announced that its Service Convergence Network (SCN(TM)) system for both copper and fiber broadband deployments has been accepted for listing by the United States Department of Agriculture's Rural Utilities Service (RUS). Acceptance on the RUS List of Materials means that qualified RUS borrowers can use long-term, low-interest loans funded by the U.S. federal government to purchase Pannaway's SCN, which enables the delivery of "Triple Play" voice, video and data services to rural subscribers - over a single broadband connection.

The RUS broadband program may provide rural loans to Independent Operating Carriers (IOCs) at interest rates and terms that are more favorable than those generally available from the private sector. The program is designed to keep costs down, enabling customers in rural areas to have access to the same advanced broadband services as those offered by the larger regional and national carriers.

"RUS provides a great service to rural carriers and their broadband subscribers and we are honored to be a part of such a groundbreaking initiative," said Mike Skubisz, CTO for Pannaway. "Our award-winning SCN system and all of its inherent next-generation capabilities can now be made available to rural IOCs regardless of their plan to fund the project."

"RUS acceptance is an important milestone for Pannaway," said Kermit Ross, president of Millennium Marketing. "Having Pannaway's products listed as acceptable for use on RUS-financed projects opens the door to the most dynamic and proactive part of the industry when it comes to applying IP technology to telecommunications. The independent telcos always grasp, accept and apply new technologies much more rapidly than the big telcos. They get a lot of encouragement and guidance from the RUS, NECA and some of the smartest consulting engineers in the industry. Pannaway's product is scaleable and versatile enough to fit just about any independent telco's network. With the RUS credential in hand, I think Pannaway will take off like a shot."

Pannaway's Service Convergence Network allows rural customers to optimize the existing "pipeline to the premise" to build out a network for a successful IP-based Triple Play delivery of converged broadband services, without requiring significant upgrades to a carrier's existing network. The SCN consists of several product components, all of which are available for both copper and fiber deployments. Products on Pannaway's Service Convergence Network Include:

--Personal Branch Gateway (PBG): The PBG is an all-in-one box that provides a single point of access for any existing telephone device, plus replaces an ADSL2+ Internet modem and premise switch/router.

--Residential Gateway NID (RGN): Offering the same flexibility and simplicity as the indoor PBG, the outdoor PBG sits outside the premise and replaces the telephone NID, an ADSL2+ Internet modem and premise switch/router.

--Personal Broadband Modem (PBM): The PBM provides 4 10/100 base TX LAN ports for multiple devices via its ADSL2+ uplink. Web-based provisioning and diagnostics make the device easy to configure and administer.

--Broadband Access Switch (BAS): Pannaway BAS is an ADSL2+ aggregator, digital loop carrier and internetworking switch that manages the converged traffic of up to 32 PBGs. Deployed in the central office or remote terminal, the BAS includes derived voice for customer premise dial tone with Lifeline support. It cost-effectively replaces a DSLAM, DLC, and ATM to IP gateway.

--Broadband Aggregation Router (BAR): Pannaway BAR is a Gigabit Ethernet aggregator and internetworking switch that manages the converged traffic of up to 11 BAS units supporting up to 352 individual residences.

--Call Control Manager (CCM): Pannaway CCM is a SIP registration server, proxy server, feature server, and billing mediation platform that routes all calls, provides advanced CLASS features, and delivers billing information for the entire SCN.

--Network Media Exchange (NMX): The NMX is a media and signaling gateway that is designed to ensure toll-quality voice to and from the PSTN.

--Broadband Access Manager (BAM): Pannaway BAM is an Element Management System (EMS) that reduces the total network management cost of deploying voice, video, and data.

About Pannaway Technologies

Pannaway provides true next-generation converged voice, video and data solutions to telecom service providers and emerging Triple Play services companies. Pannaway's multi-award winning and patent-pending IP technologies enable telecom providers worldwide to deliver profitable broadband services to homes and businesses at a fraction of their historical costs. Pannaway also delivers the industry's first end-to-end carrier-class VoIP solution with integrated Primary Line service for lifeline POTS support. The privately held company is headquartered in Portsmouth, New Hampshire, and has been building solutions and service/support programs to fit the specific needs of rural telcos since 2002.

For more information, please visit www.pannaway.com.
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Publication:Business Wire
Date:Aug 3, 2005
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