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Terawave Communications Breaks the 1,000-Node Mark; Company Announces Comcor Deploying 100 Nodes a Month.

Business Editors/Technology Writers

HAYWARD, Calif.--(BUSINESS WIRE)--Nov. 18, 2002

Terawave Communications, a leading manufacturer of optical access solutions, today announced that collectively, its customers have now deployed over 1,000 optical access nodes worldwide. This milestone, achieved less than a year after announcing general availability of the Terawave family of products, comes as the company closed its third consecutive quarter of revenue growth. The company also disclosed that Comcor, a Russian carrier offering residential and business broadband services in the Moscow metropolitan area, is deploying Terawave nodes at a rate of over 100 per month.

"Terawave's equipment is operating in real-world networks, supporting live, revenue-generating traffic," says Ray Lin, Terawave's CEO and co-founder. "Our ability to offer the coveted `triple play' of voice, video and data, combined with a pay-as-you-grow economic model, makes the delivery of reliable broadband services affordable. Terawave's numerous carrier, MSO and government customers have found that--finally, and despite the macro economic conditions--an attractive business case can be made for fiber in the last mile."

"We performed exhaustive testing and validation of the Terawave products," said Vladimir Bulanov, Technical Director of Moscow Telecommunications Corporation, Comcor. "No other vendor came close to the levels of performance, robustness and ease of management provided by Terawave. We have only a finite amount of fiber in the ground, and Terawave enables us to literally multiply the number of subscribers we can support compared to other approaches. Demand for our services is so high we are deploying Terawave nodes as fast as we can."

About Terawave Communications

Terawave Communications is a leading manufacturer of optical access products for service providers, MSO and enterprise customers. The Terawave family of products provides multi-topologies, protocols and services that enable cost effective `triple play' of voice, video and data on a single platform. Terawave's transport, video and telemetry product lines lower the cost of delivering popular fiber- and copper-based services. For further information, visit the company web site at
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Publication:Business Wire
Geographic Code:1USA
Date:Nov 18, 2002
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