Telia Selects Riverstone Solutions to Bring the Benefits of Ethernet to Scandinavia's Largest Broadband Services Network.Business Editors/High-Tech Writers SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif.--(BUSINESS WIRE)--March 17, 2003 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 pioneer in metropolitan area networking, today announced that Telia, the largest telecom operator in Scandinavia, has deployed Riverstone's RS family of routers to bring the cost benefits of Ethernet to its region-wide ATM network. Riverstone's RS 8000 and RS 3000 routers are providing Telia with a high performance solution for delivering IP services. "As the leading telecom operator in Sweden, we are committed to bringing our customers advanced services and applications," said Hakan Berlin, at Telia. "By enabling us to cost effectively expand our ATM network to reach businesses and residents in both urban and rural centers, Riverstone's solutions allow us to deliver IP services over disparate networks." With Riverstone's ATM circuit extension technology, Telia can extend quality of service over Ethernet networks by mapping multiple virtual LANs Also called a "VLAN," it is a logical subgroup within a local area network that is created via software rather than manually moving cables in the wiring closet. It combines user stations and network devices into a single unit regardless of the physical LAN segment they are attached to and (VLANs) to a single virtual circuit (VC) or multiple VCs to a single VLAN See virtual LAN. VLAN - Virtual Local Area Network . The combination of Riverstone's RS routers and ATM circuit extension technology gives Telia the ability to deliver full LAN-to-LAN services across its nationwide ATM backbone. "Telia's dedication to building networks and delivering services that support Sweden's advanced IT community has transformed it into one of the most IT-savvy countries in the world," said Andrew Feldman, Riverstone's vice president of corporate marketing and development. "Riverstone's industry-leading portfolio of metro technologies and Telia's commitment to bringing advanced networking applications to its customers are the perfect complement of technology and vision." Leading development in one of the fastest growing IT regions in the world, Telia operates Scandinavia's largest network for telephony, Internet and broadband services See broadband and broadband service provider. . Earlier this year Telia merged with Finland's incumbent provider Sonera to create the Nordic region's dominant telecommunications provider. About Riverstone Networks Riverstone Networks, Inc. (Nasdaq:RSTN) provides solutions for metropolitan area networks, enabling carriers to convert raw bandwidth into profitable services. In more than 50 countries, carriers operating many of the world's largest metropolitan area networks depend on Riverstone to create and reliably deliver profitable services over legacy and next-generation infrastructures. Worldwide, Riverstone routers are the trusted choice of telecommunications carriers. For more information, please visit Riverstone's web site at www.riverstonenet.com. Except for the historical information contained herein, the matters set forth in this press release are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning 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 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. These forward-looking statements speak only as of the date hereof and are subject to risks and uncertainties that may cause actual results to differ materially. These risks and uncertainties include the risks detailed from time to time in Riverstone Networks' SEC reports, including its quarterly report on Form 10-Q Form 10-Q See 10-Q. for the period ended August 31, 2002. Riverstone Networks disclaims any intent or obligation to update or revise these forward-looking statements. Riverstone Networks is a trademark of Riverstone Networks, Inc. All other trademarks, service marks, and trade names belong to their respective owners. |
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