Triton Network Systems, Inc. Signs Multi-Million Dollar, Multi-Year Broadband Wireless Equipment Supply Contract With Advanced Radio Telecom Corp.Business Editors/Technology Writers ORLANDO, Fla.--(BUSINESS WIRE)--Jan. 10, 2000 Triton Network Systems announced today it has signed a three-year, multi-million dollar agreement to supply Advanced Radio Telecom Corp. (ART) (Nasdaq:ARTT ARTT, n.pr See asymmetry/range of motion alteration/tissue texture alteration/tenderness. ), with Triton Network's 100 Mbps Invisible Fiber(TM) Internet and SONET OC-3/SDH STM-1 radios. Deployed in consecutive point networks, the Triton Networks Invisible Fiber(TM) product line delivers fiber-quality service over RF frequencies in the 20 GHz - 40 GHz range. The point-to-point-to-point network configuration, a self-healing ring, offers high reliability for both SONET/SDH and Fast Ethernet, while maintaining the Invisible Fiber product line's revolutionary high speeds and high density deployments. "The carrier-class performance of the Triton Network's radios deployed in our 100 Mbps metropolitan area network in San Jose (Calif.) gives ART great confidence in entering into a long-term contract," said Robert McCambridge, ART President and COO. "As we accelerate our build-out of our first 40 domestic markets, Triton Network's Fast Ethernet and OC-3 radios will help position ART as a leading service provider delivering broadband access at speeds up to 155 Mbps." ART is the nation's first broadband wireless IPSP IPSP inhibitory postsynaptic potential. offering a carrier-class, cost-effective, very high-speed metropolitan area access solution to Internet service providers (ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. ), inter-exchange carriers (IXC (1) (IntereXchange Carrier) An organization that provides interstate (long distance) communications services within the U.S., which includes AT&T, MCI, Sprint and more than 700 others. See LATA. (2) (IXC Communications Inc., Austin, TX, www. ), on-site service providers (OSP (Online Service Provider) See online service. OSP - Optical Signal Processor ), and application service providers (ASP). "This deal, a watershed in the broadband fixed wireless marketplace, establishes ART in a leadership position as a provider of both 100 Mbps and SONET OC-3/SDH STM-1 access services," said Skip Speaks, President and Chief Executive Officer of Triton Network Systems. "Working with ART, using the speed and reliability of transmission over Triton Network's radios combined with their ease and density of deployment, we will establish new benchmarks for fiber quality broadband wireless services allowing ART's customers to keep pace with the information and e-commerce revolution." About Triton Network Systems Triton Network Systems, Inc. is a leading provider of broadband fixed wireless network products. The company's Invisible Fiber(TM) high bandwidth broadband wireless network product line covers the 38 GHz, Local Multipoint Distribution Service LMDS is a broadband wireless access technology governed by the IEEE and is outlined by the 802 LAN/MAN Standards Committee through the efforts of the IEEE 802.16.1 Task Group. LMDS commonly operates on microwave frequencies across the 26GHz and 29GHz bands. (LMDS (Local Multipoint Distribution Service) A digital wireless transmission system that works in the 28 GHz range in the U.S. and 24-40 GHz overseas. It requires line of sight between transmitter and receiving antenna, which can be from one to four miles apart ), and Local Multipoint Communication Systems (LMCS LMCS Local Multipoint Communication Systems LMCS Lockheed Martin Control Systems LMCS Light Modular Causeway System LMCS Loan Management and Control System LMCS Lake Michigan Carferry Service, Inc. LMCS Logical Methods in Computer Science ) markets, with functionality designed to fiber optic specifications. Triton Network Systems broadband fixed wireless Invisible Fiber(TM) 155 Mbps SONET/SDH OC-3/STM-1 and 100 Mbps Invisible Fiber Internet products are designed to be deployed in self-healing route-diverse consecutive point networks, providing complete telephony, data, and Internet network solutions. The Company is committed to producing products that will make possible the success of broadband fixed wireless in the telephony and data marketplace, and will enable the evolution of the Internet by delivering high-speed connections to businesses using and developing both e-commerce and up and coming applications for the Internet. Triton Network Systems is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. with an investor group that includes several prominent venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed 5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1] . www.triton-network.com About Advanced Radio Telecom Advanced Radio Telecom Corp. (Nasdaq:ARTT), headquartered in Bellevue, Wash., is a provider of broadband Internet Protocol (IP) access services at speeds up to 155 Mbps. ART currently owns and operates broadband wireless metropolitan area networks in San Jose, Seattle, Portland, Ore., and Phoenix, and plans to expand to 40 markets over the next three years. ART is a Cisco Powered Network(TM) service provider and has a strategic relationship with Qwest Communications International Inc. (NYSE NYSE See: New York Stock Exchange :Q). ART has a nationwide footprint of 38GHz spectrum licenses in the United States, and owns 26GHz and/or 38GHz spectrum licenses in the United Kingdom and several Scandinavian countries. For more information, please visit ART's web site at www.art-net.net. The above information includes forward-looking statements regarding Advanced Radio Telecom's network deployment and delivery of broadband access. These statements are not guarantees of future performance. Known and unknown risks, uncertainties, and other factors, including without limitation, capital requirements Capital requirements Financing required for the operation of a business, composed of long-term and working capital plus fixed assets. and other financial risks, customer demand, technological risks, the ability to meet financing conditions, management of growth, ability to achieve Year 2000 compliance, competition and government regulation may cause actual results to differ materially from the future results implied or expressed in the forward looking statements. Additional information about the most significant of such factors is set forth in ART's most recent annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. . ART does not undertake to update or revise its forward-looking statements publicly even if experience or future changes make clear that any projected results expressed or implied herein will not be realized. |
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