|
09.02.2005 13:02:00
|
IP-Only Telecommunications Selects Avici Routers from Nortel for Netwo
IP-Only Telecommunications Selects Avici Routers from Nortel for Network Buildout Swedish Service Provider Will Use Avici QSR Routers to Boost Core Network Capacity, Reliability, Scalability
Swedish Internet and telecom service provider IP-Only Telecommunications AB has selected Avici Systems Inc. (NASDAQ: AVCI) IP (Internet Protocol) core routers from Nortel(a) (NYSE/TSX: NT) for a core network upgrade that will help position IP-Only for the next phase expansion of its broadband and IP service offerings.
IP-Only will deploy Avici Systems' QSR(TM) routers, to facilitate its rapid growth and international development strategy, helping IP-Only to remain at the forefront of demand for fast, reliable, and secure IP services.
Through a strategic OEM agreement with Avici Systems, Nortel integrates, sells and supports Avici's carrier-class core routers as part of its packet-based switching and routing solutions portfolio. Avici Systems is Nortel's worldwide 'preferred partner' for IP core routers.
IP-Only delivers IP and Ethernet services, wavelengths and dark fiber to Swedish and international operators, as well as to many of Sweden's largest and most demanding enterprises, television and multimedia service providers. IP-Only provides guaranteed capacity and high-quality IP services via its own IP backbone and extensive international peering relationships. IP-Only owns and operates one of the most powerful fiber networks in the Nordic region, connecting major cities including the Nordic capitals and providing wavelengths to Amsterdam, London, and Paris.
"With our growing enterprise and service provider customer base, IP-Only requires a routing platform that enables the fast rollout of services with previously unavailable levels of performance, reliability and scale," said Svante Jurnell, chief executive officer, IP-Only. "As one of the fastest growing service providers in the Nordic region, Avici's carrier grade IP routers will be an integral part of IP-Only's network."
Avici QSR routers will be used to upgrade IP-Only's current Internet backbone and will provide the carrier with the ability to support escalating customer traffic and new applications through Avici's unique in-service scaling and reliability. The Avici QSR supports in-service hardware and software scaling to dramatically decrease the cost of new capacity additions and eliminate service disruptions. Avici routers are the only routers with demonstrated in-service scalability to multi-chassis systems in an operational network, extending the product lifecycle and supporting the rapid expansion of new IP-based services.
By using Avici's NSR(TM), non-stop routing technology, IP-Only is deploying a 99.999 percent reliable backbone to support its customers' mission-critical services. NSR delivers breakthrough reliability to IP networks by providing true hot-standby protection of the route controller. NSR not only protects Avici routers against control plane failure, it also enables in-service upgrades and protected configuration changes.
"We are very pleased that IP-Only has selected Avici and Nortel to expand its broadband offerings and for delivery of reliable new services," said Rafael de Ory, managing director, EMEA (Europe, Middle East, Africa), Avici. "This latest win demonstrates the strength of the strategic relationship between Avici and Nortel and the benefits it brings to our customers."
Avici has distinguished itself in the industry through a consistent focus on carrier-class routing with its TSR(R), SSR(TM), and QSR(TM) platforms. These platforms dramatically simplify the PoP by matching the longevity and the reliability of the Class 4/5 switch with attributes such as 99.999 percent availability, in-service upgrades, multi-generational investment protection, and modular scalability built in from the beginning.
About IP-Only
IP-Only Telecommunication AB is an independent Scandinavian Internet and telecom operator focusing on high quality services for enterprises and service providers with particular demands on bandwidth, accessibility and reliability. IP-Only delivers advanced IP services for data traffic and telephony over its own high speed Nordic fiber network and international IP backbone. IP-Only, headquartered in Uppsala, Sweden has established itself as one of the leading operators for customers with high demands for network accessibility and reliability. Among IP-Only's customers are Swedish and international operators, as well as many of Sweden's largest and most demanding multimedia, content and service providers.
For more information, please visit www.ip-only.net.
About Avici Systems
Avici Systems Inc., headquartered in North Billerica, Mass., is a leading provider of purpose-built carrier-class routing solutions for the Internet. Avici's family of routers is designed to meet carrier requirements for the highest scalability, reliability and network availability, while lowering the total cost of building and operating their networks. The company's routing systems provide new IP solutions to some of the world's leading service providers. For more information, please visit us at www.avici.com.
This release contains information about Avici's future expectations, plans, and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act 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 word "will", "expected" and other similar expressions are intended to identify such for ward 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.
About Nortel
Nortel is a recognized leader in delivering communications capabilities that enhance the human experience, ignite and power global commerce, and secure and protect the world's most critical information. Serving both service provider and enterprise customers, Nortel delivers innovative technology solutions encompassing end-to-end broadband, Voice over IP, multimedia services and applications, and wireless broadband designed to help people solve the world's greatest challenges. Nortel does business in more than 150 countries. For more information, visit Nortel on the Web at www.nortel.com. For the latest Nortel news, visit www.nortel.com/news.
Certain information included in this press release is forward-looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors which could cause results or events to differ from current expectations include, among other things: the outcome of regulatory and criminal investigations and civil litigation actions related to Nortel's restatements and the impact any resulting legal judgments, settlements, penalties and expenses could have on Nortel's results of operations, financial condition and liquidity; the findings of Nortel's independent review and implementation of recommended remedial measures; the outcome of the independent review with respect to revenues for specific identified transactions, which review will have a particular emphasis on the underlying conduct that led to the initial recognition of these revenues; the restatement or revisions of Nortel's previously announced or filed financial results and resulting negative publicity; the existence of material weaknesses in Nortel's internal controls over financial reporting; the impact of Nortel's and NNL's failure to timely file their financial statements and related periodic reports, including breach of its support facility and public debt obligations and Nortel's inability to access its shelf registration statement filed with the United States Securities and Exchange Commission ("SEC"); ongoing SEC reviews, which may result in changes to our public filings; the potential delisting or suspension of Nortel's and NNL's publicly traded securities; the impact of management changes, including the termination for cause of Nortel's former CEO, CFO and Controller in August 2004; the sufficiency of Nortel's restructuring activities, including the work plan announced on August 19, 2004 as updated on September 30, 2004, including the potential for higher actual costs to be incurred in connection with restructuring actions compared to the estimated costs of such actions; cautious or reduced spending by Nortel's customers; fluctuations in Nortel's operating results and general industry, economic and market conditions and growth rates; fluctuations in Nortel's cash flow, level of outstanding debt and current debt ratings; Nortel's ability to recruit and retain qualified employees; the use of cash collateral to support Nortel's normal course business activities; the dependence on Nortel's subsidiaries for funding; the impact of Nortel's defined benefit plans and deferred tax assets on results of operations and Nortel's cash flow; the adverse resolution of class actions, litigation in the ordinary course of business, intellectual property disputes and similar matters; Nortel's dependence on new product development and its ability to predict market demand for particular products; Nortel's ability to integrate the operations and technologies of acquired businesses in an effective manner; the impact of rapid technological and market change; the impact of price and product competition; barriers to international growth and global economic conditions, particularly in emerging markets and including interest rate and currency exchange rate fluctuations; the impact of rationalization in the telecommunications industry; changes in regulation of the Internet; the impact of the credit risks of Nortel's customers and the impact of customer financing and commitments; stock market volatility generally and as a result of acceleration of the settlement date or early settlement, which is currently not available, of Nortel's forward purchase contracts; the impact of Nortel's supply and outsourcing contracts that contain delivery and installation provisions, which, if not met, could result in the payment of substantial penalties or liquidated damages; and the future success of Nortel's strategic alliances. For additional information with respect to certain of these and other factors, see the most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed by Nortel with the SEC. Unless otherwise required by applicable securities laws, Nortel disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
(a) Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks.
Use of the terms "partner" and "partnership" does not imply a legal partnership between Nortel and any other party.
--30--LK/at*
Business Editors
UPPSALA, Sweden--(BUSINESS WIRE)--Feb. 9, 2005--
Swedish Internet and telecom service provider IP-Only Telecommunications AB has selected Avici Systems Inc. (NASDAQ: AVCI) IP (Internet Protocol) core routers from Nortel(a) (NYSE/TSX: NT) for a core network upgrade that will help position IP-Only for the next phase expansion of its broadband and IP service offerings.
IP-Only will deploy Avici Systems' QSR(TM) routers, to facilitate its rapid growth and international development strategy, helping IP-Only to remain at the forefront of demand for fast, reliable, and secure IP services.
Through a strategic OEM agreement with Avici Systems, Nortel integrates, sells and supports Avici's carrier-class core routers as part of its packet-based switching and routing solutions portfolio. Avici Systems is Nortel's worldwide 'preferred partner' for IP core routers.
IP-Only delivers IP and Ethernet services, wavelengths and dark fiber to Swedish and international operators, as well as to many of Sweden's largest and most demanding enterprises, television and multimedia service providers. IP-Only provides guaranteed capacity and high-quality IP services via its own IP backbone and extensive international peering relationships. IP-Only owns and operates one of the most powerful fiber networks in the Nordic region, connecting major cities including the Nordic capitals and providing wavelengths to Amsterdam, London, and Paris.
"With our growing enterprise and service provider customer base, IP-Only requires a routing platform that enables the fast rollout of services with previously unavailable levels of performance, reliability and scale," said Svante Jurnell, chief executive officer, IP-Only. "As one of the fastest growing service providers in the Nordic region, Avici's carrier grade IP routers will be an integral part of IP-Only's network."
Avici QSR routers will be used to upgrade IP-Only's current Internet backbone and will provide the carrier with the ability to support escalating customer traffic and new applications through Avici's unique in-service scaling and reliability. The Avici QSR supports in-service hardware and software scaling to dramatically decrease the cost of new capacity additions and eliminate service disruptions. Avici routers are the only routers with demonstrated in-service scalability to multi-chassis systems in an operational network, extending the product lifecycle and supporting the rapid expansion of new IP-based services.
By using Avici's NSR(TM), non-stop routing technology, IP-Only is deploying a 99.999 percent reliable backbone to support its customers' mission-critical services. NSR delivers breakthrough reliability to IP networks by providing true hot-standby protection of the route controller. NSR not only protects Avici routers against control plane failure, it also enables in-service upgrades and protected configuration changes.
"We are very pleased that IP-Only has selected Avici and Nortel to expand its broadband offerings and for delivery of reliable new services," said Rafael de Ory, managing director, EMEA (Europe, Middle East, Africa), Avici. "This latest win demonstrates the strength of the strategic relationship between Avici and Nortel and the benefits it brings to our customers."
Avici has distinguished itself in the industry through a consistent focus on carrier-class routing with its TSR(R), SSR(TM), and QSR(TM) platforms. These platforms dramatically simplify the PoP by matching the longevity and the reliability of the Class 4/5 switch with attributes such as 99.999 percent availability, in-service upgrades, multi-generational investment protection, and modular scalability built in from the beginning.
About IP-Only
IP-Only Telecommunication AB is an independent Scandinavian Internet and telecom operator focusing on high quality services for enterprises and service providers with particular demands on bandwidth, accessibility and reliability. IP-Only delivers advanced IP services for data traffic and telephony over its own high speed Nordic fiber network and international IP backbone. IP-Only, headquartered in Uppsala, Sweden has established itself as one of the leading operators for customers with high demands for network accessibility and reliability. Among IP-Only's customers are Swedish and international operators, as well as many of Sweden's largest and most demanding multimedia, content and service providers.
For more information, please visit www.ip-only.net.
About Avici Systems
Avici Systems Inc., headquartered in North Billerica, Mass., is a leading provider of purpose-built carrier-class routing solutions for the Internet. Avici's family of routers is designed to meet carrier requirements for the highest scalability, reliability and network availability, while lowering the total cost of building and operating their networks. The company's routing systems provide new IP solutions to some of the world's leading service providers. For more information, please visit us at www.avici.com.
This release contains information about Avici's future expectations, plans, and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act 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 word "will", "expected" and other similar expressions are intended to identify such for ward 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.
About Nortel
Nortel is a recognized leader in delivering communications capabilities that enhance the human experience, ignite and power global commerce, and secure and protect the world's most critical information. Serving both service provider and enterprise customers, Nortel delivers innovative technology solutions encompassing end-to-end broadband, Voice over IP, multimedia services and applications, and wireless broadband designed to help people solve the world's greatest challenges. Nortel does business in more than 150 countries. For more information, visit Nortel on the Web at www.nortel.com. For the latest Nortel news, visit www.nortel.com/news.
Certain information included in this press release is forward-looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors which could cause results or events to differ from current expectations include, among other things: the outcome of regulatory and criminal investigations and civil litigation actions related to Nortel's restatements and the impact any resulting legal judgments, settlements, penalties and expenses could have on Nortel's results of operations, financial condition and liquidity; the findings of Nortel's independent review and implementation of recommended remedial measures; the outcome of the independent review with respect to revenues for specific identified transactions, which review will have a particular emphasis on the underlying conduct that led to the initial recognition of these revenues; the restatement or revisions of Nortel's previously announced or filed financial results and resulting negative publicity; the existence of material weaknesses in Nortel's internal controls over financial reporting; the impact of Nortel's and NNL's failure to timely file their financial statements and related periodic reports, including breach of its support facility and public debt obligations and Nortel's inability to access its shelf registration statement filed with the United States Securities and Exchange Commission ("SEC"); ongoing SEC reviews, which may result in changes to our public filings; the potential delisting or suspension of Nortel's and NNL's publicly traded securities; the impact of management changes, including the termination for cause of Nortel's former CEO, CFO and Controller in August 2004; the sufficiency of Nortel's restructuring activities, including the work plan announced on August 19, 2004 as updated on September 30, 2004, including the potential for higher actual costs to be incurred in connection with restructuring actions compared to the estimated costs of such actions; cautious or reduced spending by Nortel's customers; fluctuations in Nortel's operating results and general industry, economic and market conditions and growth rates; fluctuations in Nortel's cash flow, level of outstanding debt and current debt ratings; Nortel's ability to recruit and retain qualified employees; the use of cash collateral to support Nortel's normal course business activities; the dependence on Nortel's subsidiaries for funding; the impact of Nortel's defined benefit plans and deferred tax assets on results of operations and Nortel's cash flow; the adverse resolution of class actions, litigation in the ordinary course of business, intellectual property disputes and similar matters; Nortel's dependence on new product development and its ability to predict market demand for particular products; Nortel's ability to integrate the operations and technologies of acquired businesses in an effective manner; the impact of rapid technological and market change; the impact of price and product competition; barriers to international growth and global economic conditions, particularly in emerging markets and including interest rate and currency exchange rate fluctuations; the impact of rationalization in the telecommunications industry; changes in regulation of the Internet; the impact of the credit risks of Nortel's customers and the impact of customer financing and commitments; stock market volatility generally and as a result of acceleration of the settlement date or early settlement, which is currently not available, of Nortel's forward purchase contracts; the impact of Nortel's supply and outsourcing contracts that contain delivery and installation provisions, which, if not met, could result in the payment of substantial penalties or liquidated damages; and the future success of Nortel's strategic alliances. For additional information with respect to certain of these and other factors, see the most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed by Nortel with the SEC. Unless otherwise required by applicable securities laws, Nortel disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
(a) Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks.
Use of the terms "partner" and "partnership" does not imply a legal partnership between Nortel and any other party.
--30--LK/at*
CONTACT: Avici Systems Esmeralda Swartz, 978-964-2000 eswartz@avici.com or Nortel Bo Gowan, 972-685-8278 bogowan@nortel.com or IP-Only Staffan Saeden, +46 (0)708-43 10 62 staffan.saeden@ip-only.se
KEYWORD: MASSACHUSETTS SWEDEN INTERNATIONAL EUROPE INDUSTRY KEYWORD: TELECOMMUNICATIONS NETWORKING INTERNET E-COMMERCE PRODUCT MARKETING AGREEMENTS SOURCE: Avici Systems Inc.
Copyright Business Wire 2005
Der finanzen.at Ratgeber für Aktien!
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
JETZT DEVISEN-CFDS MIT BIS ZU HEBEL 30 HANDELN
Handeln Sie Devisen-CFDs mit kleinen Spreads. Mit nur 100 € können Sie mit der Wirkung von 3.000 Euro Kapital handeln.
82% der Kleinanlegerkonten verlieren Geld beim CFD-Handel mit diesem Anbieter. Sie sollten überlegen, ob Sie es sich leisten können, das hohe Risiko einzugehen, Ihr Geld zu verlieren.
Nachrichten zu Nortel Networks Corp.mehr Nachrichten
| Keine Nachrichten verfügbar. |
Analysen zu Nortel Networks Corp.mehr Analysen
ETF-Sparplan
Oskar ist der einfache und intelligente ETF-Sparplan. Er übernimmt die ETF-Auswahl, ist steuersmart, transparent und kostengünstig.