|
Largo, Fla. — June 13, 2005 — Paradyne (NASDAQ: PDYN), a
leading provider of triple play
Broadband Loop Carriers(IP
BLCs), and Ethernet access
equipment, today announced that Alands Datakommunikation (Alcom), the primary
DSL provider for the Aland Islands has recently launched Finland's first
commercial IPTV over DSL service.
Alcom selected Paradyne as their DSL vendor in 2003 and deployed the
Paradyne
4200IP DSLAM, one of the industry's first ADSL2 and
ADSL2+ products, throughout
their network initially for the delivery of data services and video on demand (VoD).
Alcom is currently offering between 20 to 50 IPTV channels to around 1,000
business/residential subscribers. Their rollout plans aim to cover over 70
percent of the islands' population over the next three years.
“We believe this industry-leading DSL solution from Paradyne has further
strengthened our position in the marketplace while at the same time allowing us
to develop new revenue generating services such as IPTV,” said Conny Rosenberg,
CEO of Alcom. “The
Paradyne 4200IP
DSLAM has already demonstrated its value helping us
deliver VoD and high speed Internet access over our copper infrastructure, we
feel very confident we will experience the same success with our new IPTV
service,” Rosenberg concluded.
"There is no doubt that the “hot area” for DSL technology at the moment is that
of IPTV or triple play solutions and Alcom is a great example of how a carrier
can leverage Paradyne’s superior solutions in this space," said Keith Hoult,
managing director EMEA, Paradyne. "We have enjoyed a very strong relationship
with Alcom and they are now reaping the benefits of our focus on optimizing our
DSL technology for this most exciting marketplace."
About Paradyne
Paradyne provides a broad family of IP-based broadband access solutions,
including
IP BLCs,
DSLAMs,
Ethernet over Copper
Network Extenders, IADs, and CPE.
Paradyne's products support both residential triple play solutions and business
class bonded SHDSL, ADSL2+, T1/E1, and DS3 bonded solutions for
LAN Extension
and
Cell Site Data Backhaul applications. Paradyne's solutions are designed to
enhance carrier revenue streams with full support for
Multimedia Traffic
Management (MTM) and to lower carrier operational expenses through Operational
Intelligence (OpIQ). More information may be obtained by visiting
www.paradyne.com or by calling +1-727-530-8623.
Contacts:
Wendy Mozingo
Paradyne Networks, Inc.
727-530-2272
wmozingo@paradyne.com
Information about Forward-Looking Statements: This press
release contains forward-looking statements that involve a number of risks and
uncertainties. These forward-looking statements are made pursuant to the
"safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995
and are made based on management's current expectations and beliefs as well as
on assumptions made by, and information currently available to, management.
Among the factors that could cause actual future events to differ materially
include: the uncertainty regarding the acceptance of new telecommunications
services based on DSL technology; reduction or discontinuation of purchase of
our products by NSPs; the failure of NSPs to incorporate our products into their
infrastructure; the possibility that Paradyne's competitors may develop
competing products that are superior in terms of quality, cost or both. For a
detailed discussion of other risk factors that could affect Paradyne's business,
please refer to the risks identified in Paradyne's Current Report on Form 10-K,
dated March 16, 2005, and in Paradyne's other filings with the Securities and
Exchange Commission.
|