RELTEC and Positron Fiber Systems Announce Agreement to Integrate PFS SONET Technology into RELTEC's NGDLC Platform.MT. LAUREL, N.J.--(BUSINESS WIRE)--July 1, 1998-- --- targeted at Major Carriers worldwide, solution provides a high capacity resilient transport for a wide range of access services Positron positron: see antiparticle. positron Subatomic particle having the same mass as an electron but with an electric charge of +1 (an electron has a charge of −1). It constitutes the antiparticle (see antimatter) of an electron. Fiber Systems Corporation (PFS PFS, n post facilitation stretch; therapeutic approach utilized during proprioceptive neuromuscular facilitation in which the patient begins the stretch midway between the fully relaxed and fully stretched position and uses maximum level of effort to ) today announced that it has signed an original equipment manufacturer (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 with RELTEC Corporation (NYSE NYSE See: New York Stock Exchange :RLT RLT Revocable Living Trust RLT Relating to RLT Real Life Test RLT Raleigh Little Theatre RLT Regimental Landing Team RLT Regional Leadership Team RLT Real Life Technologies (trademark of Hewlett-Packard) RLT Release Link Trunk ), whereby RELTEC will integrate the Positron OSIRIS Osiris (ōsī`rĭs), in Egyptian religion, legendary ruler of predynastic Egypt and god of the underworld. He was the son of the sky goddess Nut and the earth god Geb. (TM) SONET Broadband Access See broadband and wireless broadband. Multiplexers family into RELTEC's DISCS(R) Next Generation Digital Loop Carrier In telephone communications, a technology that increases the number of channels in the local loop by converting analog signals to digital and multiplexing them back to the end office. (NGDLC NGDLC Next Generation Digital Loop Carrier ) system. This solution will enable RELTEC to provide highly resilient delivery of both narrow and broadband, residential and business services on the same platform. The products will be sold under the RELTEC DISCS MR name. DISCS provides a wide range of access services such as voice, data, xDSL and video for business, residential and high capacity users, in addition to market leading "deep fiber" fiber to the curb Fiber to the curb (FTTC), also called fibre to the kerb (FTTK),[1] is a telecommunications system based on fiber-optic cables run to a platform that serves several customers. (FTTC (Fiber To The Curb) The installation of optical fiber to within several hundred feet of the home or office. At that point, the optics are converted into electronics for delivery into the premises, typically using DSL. ) solutions. "As the need for resiliency increases and fiber deployment accelerates in local access networks, SONET access capabilities are becoming a critical component of NGDLC solutions worldwide," said Andrew Knott Andrew Knott (born on 22 November 1979) is a British actor. His first acting was done in British television and radio programs. He was trained in the Oldham Theatre Workshop. , PFS' Vice President of Sales and Marketing. "RELTEC has the vision and market savvy to offer this economical solution to customers as an integrated part of their leading-edge platform." "Incorporating PFS technology into our DISCS platform enables our customers to cost-effectively provide voice, data and video services via SONET transport," said Mike Pratt, RELTEC Access Systems Vice President - General Manager. "We are pleased to support advanced data aggregation over SONET from our xDSL and deep fiber PC data solutions." "Given RELTEC's substantial sales penetration of major Telcos in North America, this agreement will provide PFS with a significant new channel for our family of Broadband Access multiplexers," said Mr. Knott. "Access to the RBOC (Regional Bell Operating Company) The Bell telephone companies that were spun off of AT&T by court order in 1984 (the Divestiture). Also known as the "Baby Bells," the initial seven RBOCs were Nynex, Bell Atlantic, BellSouth, Southwestern Bell, US West, market strengthens and complements our overall sales strategy." RELTEC is the pioneer in NGDLC systems, delivering the industry's first NGDLC Access system in 1988 and has over six million DISCS lines in service today. The platform has economic configurations from 192 lines to 2016 lines and service provisioning capabilities from Advanced Copper Solutions(SM) to Deep Fiber Solutions(SM). DISCS is a trademark of RELTEC Corporation. Advanced Copper Solutions and Deep Fiber Solutions are service marks of RELTEC Corporation. RELTEC (NYSE:RLT) is a leader in the design, manufacture and sale of a broad range of telecommunication systems, products and services. Its Access Systems, Integrated Wireless Solutions, and Network Components & Services are sold to wireline and wireless service providers and OEMs around the globe. RELTEC operates manufacturing plants in North America, Europe, Asia/Pacific and Latin America with over 5,250 employees worldwide. Additional Information is available on the Company's website at www.relteccorp.com. Established in 1995, Positron Fiber Systems Corporation (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 : PFSCF, MSE/TSE: PFS) is a leading manufacturer of innovative telecommunications equipment for high reliability and critical service applications. PFS provides solutions for the SONET and SDH (Synchronous Digital Hierarchy) The European counterpart to SONET. See SONET. SDH - Synchronous Digital Hierarchy broadband access markets with its Positron OSIRIS(TM) family of Broadband Access multiplexers, Positron MIST(TM) SONET Transmultiplexer and Positron OSIRIS-VUE(TM) network management systems. OSIRIS provides Carriers with a flexible platform designed for both Central Office and Customer Premise applications and provides modular expansion from OC3 (155Mbps) to OC48 (2.5Gbps) in the field. OSIRIS' unique size, ease of installation, price and features allow Carriers to reduce the costs of broadband service provision while providing them with a cost-effective delivery vehicle for new service offerings. The Company's headquarters are in Montreal, Quebec, Canada. For more information on PFS, please contact Andrew Knott at 609-222-1288 or Ilene Adler at 415-288-0400. Home page: http://www.positronfiber.com. In this announcement, Positron Fiber Systems Corporation makes forward -looking statements within the meaning of U.S. federal securities laws that involve a number of risks and uncertainties, including statements regarding the company's expectations, beliefs, intentions or strategies regarding the future. Among the factors that could cause actual future results to differ materially from those anticipated are general competitive pressures in the marketplace, the company's success in developing, introducing and gaining market acceptance for new products, its customer and product concentration, its dependence on suppliers, third party manufacturers and distributors, its ability to manage expansion, its dependence on the success of an evolving industry and factors such as changes in general economic conditions or conditions in the specific markets for the company's products and government regulation. Such risk factors and others are discussed in the company's registration statement on Form F-1 as filed with the Securities and Exchange Commission. RELTEC's 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. Language The statements contained in this press release that are not historical facts are to be considered forward looking statements. These forward looking statements involve many risks and uncertainties, including but not limited to, rapid technological change, the importance of new products, uncertain markets for RELTEC's (The "Company") systems and products, unpredictable sales cycles, competition, a changing regulatory environment, customer concentration and numerous other risks which have been set forth in documents filed by the Company with the Securities and Exchange Commission. The Company advises the reader of these statements that actual results or conditions may differ materially from those set forth herein.
CONTACT: PFS Contacts:
PR@VANTAGE
Ilene Adler
Public Relations Counsel
415-288-0400
415-788-2100 (fax)
ilenew@pr-vantage.com
or
Positron Fiber Systems (PFS)
Andrew Knott
Vice President, Sales & Marketing
609-222-1288
609-222-1744 (fax)
aknott@positronfiber.com
or
RELTEC Contact:
RELTEC Corporation
Kenneth B. Neighbors
Director of Marketing
972-501-3242
800-800-1280 (fax)
neighbok@riv.relteccorp.com
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