Mid-Atlantic CLEC to deliver IPTV services over Paradyne ADSL2+
Largo, FL - AUGUST 22, 2005
[Press Release]
-
Paradyne (NASDAQ: PDYN), a leading provider of triple play triple
play
Broadband Loop Carriers (IP
BLCs) and Ethernet access equipment, today announced that Cavalier
Telephone will be using the
8000 BLC platform to support Cavalier's entry into
the IPTV video service business. Cavalier Telephone, based in Richmond,
Virginia, is a competitive local exchange carrier (CLEC) serving residential
and business customers across five states and the District of Columbia.
Cavalier’s IPTV services include broadcast television, video on demand (VOD),
and other entertainment services.
"Cavalier is a state-of-the-art carrier with plans to support the full
triple-play of voice, data, and video services," said Brad Evans, CEO of
Cavalier Telephone. "Paradyne has been a great supplier for us for delivering
voice and data services, so we are pleased to now extend that partnership into
video services.” The
Paradyne 8000 BLC supports downstream data rates up to
29Mbps, with full support for IGMP and Quality of Service in order to provide
best-quality video services over Cavalier’s existing copper plant.
"Cavalier is a strong CLEC with a compelling business strategy, and we’re proud
to be a key provider for their triple play solution," said Ken Hood, VP of
Marketing and Product Management for Paradyne. "The
Paradyne 8000 BLC platform
provides the service flexibility needed for Cavalier to deliver a competitive
video offering to complement its existing services."
About Paradyne
Paradyne provides a broad family of
IP-based Broadband Access solutions,
including
IP BLCs, MSANs,
DSLAMs,
Ethernet in the First Mile
bonded solutions, IADs, and CPE. Paradyne's products support both residential triple play
solutions and business class bonded G.shdsl, ADSL2+ and T1/E1 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.
About Cavalier
Cavalier Telephone is a facilities-based, full-service local telephone company
(CLEC) offering the latest in advanced telecommunications products, including
advanced telephone features and high-speed Internet access for business and
residential customers. Cavalier Telephone now services approximately 35,000
businesses and 180,000 residential customers in Richmond, Hampton Roads,
Northern Virginia, Maryland, Philadelphia, Delaware, Southern New Jersey, and
the District of Columbia. For additional information regarding Cavalier
Telephone, visit the company's website at www.cavtel.com or contact Andy Lobred
at (804) 422-4100.
Contacts:
Eric D. Knapp
Paradyne Networks, Inc.
603-422-0629
eknapp@paradyne.com
Andy Lobred
Cavalier Telephone
804-422-4100
Editors Note: Paradyne and the Paradyne Logo are
registered trademarks of Paradyne Corporation. All other service
marks and trademarks are the property of their respective owners.
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: risks associated with the proposed
acquisition of Paradyne by Zhone Technologies, Inc.; 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, the Registration Statement of Zhone
Technologies, Inc. on Form S-4, dated July 15, 2005 (which includes
a preliminary proxy statement of Paradyne), and in Paradyne's other
filings with the Securities and Exchange Commission.
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[Edited for Interlink Website] |
