REPEAT/Chung Hwa Telecommunications Selects Avici Systems and Riverstone Networks for Next-Generation Network Deployment.Business/Technology Editors TAIPEI, Taiwan--(BUSINESS WIRE)--July 20, 2001 REPEATING...inserting ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors Taiwan's Largest Telecom Operator to Leverage TSR (Terminate and Stay Resident) Refers to a program that remains in memory when the user exits it in order that it be immediately available at the press of a hotkey. (R)and RS 8000 Platforms for Operational Efficiency and Service Delivery Avici Systems Inc. (Nasdaq: AVCI), a leading provider of scalable core routing solutions for intelligent IP-over-optical networks, Riverstone Networks Riverstone Networks, was a provider of networking switching hardware based in Santa Clara, California. Originally part of Cabletron Systems, and based on an early acquisition of YAGO, it was one of the many Gigabit Ethernet startups in the mid 1990's. , Inc., (Nasdaq: RSTN RSTN Radio Solar Telescope Network RSTN Restricted Securities Trading Network RSTN Royals Sports Television Network (Kansas City Royals) RSTN Reflective Super Twisted Nematic ), a leader in service creation infrastructure for metropolitan area networks and CommVerge Solutions Limited, the leading network integrator in the Asia Pacific region, today announced that Chung Hwa Telecom will deploy Avici TSR(R) scalable core routers and Riverstone RS 8000 metro routers as the foundation for development of high-value services in its next-generation research network. The deployment consists of Avici TSR's supporting up to OC-192c/STM-64 speeds and Riverstone RS 8000's supporting interfaces including Fast Ethernet An earlier name for 100Mbps Ethernet. See 100Base-T. (networking) Fast Ethernet - A version of Ethernet developed in the 1990s(?) which can carry 100 Mbps compared with standard Ethernet's 10 Mbps. It requires upgraded network cards and hubs. , T1/E1, POS/SDH STM-1 and ATM STM-1. Chung Hwa Telecom, the largest telecommunications carrier in Taiwan, aggressively drives Taiwan's telecom research and development by leveraging next-generation network technologies to increase operational efficiency and service delivery. Chung Hwa Telecom is focused on delivering enhanced value-added services such as 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 , voice, video, and VPNs to the Taiwanese market. Avici's leading carrier-class core routing platform provides the scalability and reliability required to consolidate costly overlay networks, and deliver new differentiated services Offerings that can be classified by type, or quality, of service. For example, a differentiated services network could prioritize real time traffic for a higher fee. to customers. Riverstone Networks is a leading supplier of routers that convert raw bandwidth into profitable services for metropolitan area networks, enabling carriers to deliver new services, including on-demand bandwidth provisioning and virtual private network applications for home and office connectivity. Steve Kaufman, president 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 Avici Systems said, "Chung Hwa Telecom is a driving force in the Taiwanese market through its utilization of the IP infrastructure to create and drive new broadband services for its customers. Chung Hwa Telecom's deployment of the TSR in the core and Riverstone at the metro edge demonstrate the value of delivering best-of-breed solutions to customers to drive advanced services. The Asia Pacific region is very important to Avici and we are happy to be working with CommVerge to enable customers to rapidly develop their next-generation network." Romulus Pereira, president and CEO of Riverstone Networks said, "This deployment validates the joint commitment of Avici, Riverstone and CommVerge to deliver the best end-to-end service delivery solution to telecommunications service providers. Avici's capabilities at the core are an ideal complement to Riverstone's service creation capabilities at the network edge. We are delighted to work with CommVerge to deliver the performance and versatility to Chung Hwa Telecom for driving next-generation services." Avici Systems and Riverstone Networks partner with CommVerge Solutions to extend their reach into Pan-Asia and work with service providers such as Chung Hwa Telecom. CommVerge provides systems integration, customer care, and technical services to partners and carriers. Edmund Wei, president and CEO of CommVerge, "Being the leading network integrator in the Asia Pacific region, we aim to offer comprehensive, advanced solutions through cutting-edge technology. Avici's delivery of high performance core routers combined with Riverstone's metro router capabilities enables CommVerge to offer carriers such as Chung Hwa Telecom a reliable and flexible service delivery foundation." About CommVerge Solutions CommVerge Solutions is a unique integrator of technology and business solutions serving Telecommunications Service Providers throughout Asia. Founded in June 1999, CommVerge has grown rapidly with offices in Beijing, Shanghai, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , Brunei Darussalam, Singapore, Kuala Lumpur, Manila, Taipei, Bangkok, Seoul, and Silicon Valley (San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. ). CommVerge currently has a team of over 240 telecommunications professionals and continues to expand rapidly. CommVerge is focused on the Service Provider market - existing and new Service Providers (ILECs & CLECs), Cable TV Operators, Internet Service Providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. (ISPs), Application Service Providers (ASPs), and Content Service Providers (CSPs). The mission of CommVerge is to assist their customers in maximizing value and reducing risk by developing integrated solutions designed from top down to realize business, technical and operational objectives. CommVerge's team of professionals assist service providers in reviewing new business models, defining next-generation service offerings, developing a budget and network design before qualifying, selecting and implementing best-of-breed products from an array of vendor solutions. For more information, please visit the CommVerge Solutions website at www.commverge.com. About Riverstone Networks Riverstone Networks, Inc., (Nasdaq: RSTN) builds routers that convert raw bandwidth into profitable services for Metropolitan Area Networks. Riverstone's products enable the creation of profitable services and the delivery of these services over next-generation and legacy networks, including SONET/SDH, Gigabit Ethernet, T1/E1, T3/E3, ATM, and Dense Wavelength Division Multiplexing See WDM. (DWDM (Dense WDM) The term given to wavelength division multiplexing (WDM) when significantly more channels were being added. Since WDM is increasingly more "dense" all the time, both terms are used synonymously. See WDM. DWDM - wavelength division multiplexing ). Riverstone products bring together fourth-generation Application Specific Integrated Circuits (ASICs), battle-tested routing software, and unparalleled media versatility to deliver comprehensive solutions for Metropolitan Area Networks. Riverstone's products are deployed in more than 40 countries and in some of the world's largest networks, including British Telecom, Korea Telecom, Genuity, MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. WorldCom, AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. Time Warner, EarthLink, NTT NTT Nippon Telegraph and Telephone Corporation NTT New Technology Telescope NTT National Technology Transfer, Inc NTT Name That Tune (TV game show) NTT National Tree Trust NTT Number Theoretic Transform , and Telefonica. For more information, please visit the company's Web site at www.riverstonenet.com. About Avici Systems Avici Systems Inc., headquartered in North Billerica, Mass., is a developer of next-generation Internet backbone platforms that optimize and drive creation of all-optical "speed-of-light" networks. Designed to bring packet intelligence to the core of optical networks, Avici's technologies offer superior scalability, resiliency and port density enabling just-in-time bandwidth provisioning, high reliability and the quality of service needed for carriers and ISPs to support mission-critical applications of the future. Visit Avici's website at www.avici.com. Avici and TSR are registered trademarks of Avici Systems Inc. Composite Links is a trademark of Avici Systems Inc. This release contains information about Avici's future expectations, plans, and prospects that constitute forward-looking statements for purposes of the 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. provisions under 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. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated. When used in this press release, the words "will be" and other similar expressions are intended to identify such forward looking statements. Such risks and uncertainties include, but are not limited to, market acceptance of Avici products, services and enhancements, customer purchasing patterns and commitments, development of the market place, product development and enhancement, intensity of competition of other vendors, technological changes and other risks set forth in Avici's filings with the Securities and Exchange Commission. |
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