Paradyne Networks and VideoTele.com Announce Video Alliance.Business Editors/High-Tech Writers ATLANTA--(BUSINESS WIRE)--June 4, 2003 Paradyne's GranDSLAM 4200 and VideoTele.com's Astria Digital TV Platform Deliver Unprecedented Functionality and Flexibility to Service Providers for Video Applications Paradyne Networks, Inc. (Nasdaq:PDYN), a leading provider of broadband voice, data, and video network access solutions, and VideoTele.com, a division of Tut Systems, Inc., (Nasdaq:TUTS TUTS Theatre Under the Stars (Houston, Texas) TUTS True Ultimate Tensile Strength ) and the leader in delivering digital TV over xDSL, announced today that they have formed a strategic partnership to bring video to the telco market and have performed interoperability testing between Paradyne's GranDSLAM(R) products and VideoTele.com's Astria(R) digital headend platform, including the Astria content processor and Astriavideo services switch (VSS See Vcc. ). Paradyne's GranDSLAM family of products support ADSL See DSL. ADSL - Asymmetric Digital Subscriber Line 2, upgradeable to ADSL2+, and both ATM and Ethernet making it uniquely suited to bring video to service providers worldwide. Paradyne's GranDSLAM family consists of a large chassis based 8820 and the compact 8620 chassis products supporting the new ADSL2 standard. Additionally, the GranDSLAM family includes the 4200 1U DSLAMS. The 4200 DSLAM (DSL Access Multiplexor) A central office (CO) device for ADSL service that intermixes voice traffic and DSL traffic onto a customer's DSL line. It also separates incoming phone and data signals and directs them onto the appropriate carrier's network. See DSL. family includes the recently announced 4200IP DSLAM for Ethernet networks with multicast support and Paradyne's Quick Channel(TM) technology. The 4200 DSLAM is also available for ATM networks. The GranDSLAM product family gives service providers the flexibility to meet all deployment needs. VideoTele.com is the leading supplier of digital video encoding platforms for enabling Telco TV. The company's Astria content processor delivers digital TV over broadband access See broadband and wireless broadband. networks and is used by more than 50 service providers in commercial deployments throughout the U.S. The Astria VSS offers telcos a high quality switched digital video See switched video. overlay solution that provides fast channel-change, using Internet Group Management Protocol (protocol) Internet Group Management Protocol - (IGMP) An extension to the Internet Protocol, used by IP hosts to report their host group memberships to immediately-neighbouring multicast routers. See also MBONE. Version 1 of IGMP is defined in Appendix 1 of RFC 1112. (IGMP (Internet Group Multicast Protocol) The protocol that governs the management of multicast groups in a TCP/IP network. To sign up for a multicast group, a Host Membership Report is sent by a user's machine to its nearest routers, which forward that data to ) version 2.0, and the ability to deliver ATM or IP/ATM video to up to 48 DSLAMs. The Astria VSS provides telcos with a specialized set of IP multicast functionality that supports the delivery of MPEG-2 and MPEG-4 video. "We are excited about working with VideoTele.com to deliver video over 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 to the Telco market where both companies have a strong presence," said Sean Belanger, Chairman and 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. of Paradyne. "Combining our market leading content processing and distribution solutions with Paradyne's GranDSLAM family makes this partnership a natural fit," stated Sal D'Auria, President and CEO of Tut Systems. "Paradyne's ADSL2 and ADSL2+ products offer a next generation platform well-suited to delivering the triple play of voice, video and data." About Paradyne Paradyne is a leading developer of carrier-class, high-speed network access solutions for broadband voice, data and video. A recognized market leader in digital subscriber line See DSL. (communications, protocol) Digital Subscriber Line - (DSL, or Digital Subscriber Loop, xDSL - see below) A family of digital telecommunications protocols designed to allow high speed data communication over the existing copper telephone lines between end-users and (DSL), service level management (SLM See service level management system and spatial light modulator. ), and Broadband Voice and Media Gateway solutions, Paradyne markets its award-winning GranDSLAM(R) and BitStorm(TM) DSL systems, ReachDSL(TM) and EtherLoop(R) products, Jetstream(R) Media Gateway systems and iMarc(TM)/FrameSaver(R) Service Level Management systems to service providers and business customers worldwide. More information may be obtained by visiting http://www.paradyne.com or by calling +1-727-530-8623. About Tut Systems, Inc. Tut Systems, Inc. (Nasdaq:TUTS) delivers industry leading content processing and distribution products for deploying next-generation video and IP services over broadband networks. Tut Systems products are used by telecommunications, cable and entertainment companies, as well as government agencies from around the world. VideoTele.com, a division of Tut Systems, is the world leader in delivering digital TV over xDSL networks. Tut Systems is headquartered in Pleasanton, California. Information can be found on the Internet at http://www.tutsystems.com or by calling 800-998-4888. Information about Forward-Looking Statements: This press release contains forward-looking statements that involve a number of risks and uncertainties. These forward-looking statements are made pursuant to the "safe-harbor" provisions 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 and are made based on management's current expectations and beliefs as well as on assumptions made by, and information currently available to, management. Among the factors that could cause actual future events to differ materially include: the uncertainty regarding the acceptance of new telecommunications services based on DSL technology; reduction or discontinuation dis·con·tin·u·a·tion n. A cessation; a discontinuance. Noun 1. discontinuation - the act of discontinuing or breaking off; an interruption (temporary or permanent) discontinuance of purchase of our products by NSPs; the failure of NSPs to incorporate our products into their infrastructure; the possibility that Paradyne's competitors may develop competing products that are superior in terms of quality, cost or both. For a detailed discussion of other risk factors that could affect Paradyne's business, please refer to the risks identified in Paradyne's Current Report on Form 10-K/A, dated March 24, 2003, and in Paradyne's other filings with the Securities and Exchange Commission. Editors Note: BitStorm, iMarc, Quick Channel, and ReachDSL are trademarks of Paradyne Corporation. FrameSaver, GranDSLAM, Etherloop, Jetstream, Hotwire, Paradyne, and the Paradyne logo are registered trademarks of Paradyne Corporation. All other service marks and trademarks are the property of their respective owners. |
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