Enablence Secures Follow-on Order for Broadband Deployment with Tier 1 Central American Service Provider
JULY 27, 2010 - 16:53 ET
OTTAWA, CANADA--(Marketwire - July 27, 2010) -
Enablence Technologies Inc. ("Enablence" or the "Company") (TSX VENTURE:ENA), a leading supplier of fiber-to-the-home (FTTH) equipment for triple-play residential and business services and optical components and subsystems for access, metro and long-haul markets, has secured a follow-on contract from an existing Tier 1 customer which operates as the dominant telecommunications service provider in its country.
The new contract is for the supply of BroadAccess-1000E systems for deployment at 12 new sites as the customer continues a national deployment of broadband Internet and voice services that began last year.
This order follows the successful implementation of a large-scale Multiservice Access Network (MSAN) project, awarded to Teledata Networks in 2009. Last month, Enablence announced that it had completed its acquisition of Teledata to expand its international presence and round out its portfolio of optical access products for next-generation networks with Teledata's BroadAccess MSAN platform and VDSL2 capabilities. Teledata has become part of Enablence's Systems Division, while its chief executive, Eran Ziv, has assumed the role of President and General Manager of the Enablence Systems International Division.
The BroadAccess-1000E has provided this customer with a wide range of advanced multiservice access solutions to deliver a complete set of voice and broadband applications for residential and business customers. The systems support the multi-functionalities of an MSAG, IP-DSLAM, and Ethernet Access switch, providing a rich choice of services over fiber and copper for a seamless migration to a next-generation network architecture.
"We are glad to see this customer's endorsement of the BroadAccess-1000E, which, along with the rest of Teledata's flexible and cutting-edge solutions, will continue to be supported and offered to key international growth markets as valued offerings of our Systems Division," said Tim Thorsteinson, CEO of Enablence. "This order highlights the further growth of Enablence in
About Enablence Technologies Inc.
Enablence Technologies Inc., (TSX VENTURE:ENA) a publicly traded company headquartered in Ottawa, Canada, designs, manufactures and sells optical components, subsystems and systems to a global customer base.
Enablence's Systems Division has an expanding fiber-to-the-premise (FTTP) product portfolio featuring a variety of architectural options. It enables service providers to evolve their access networks from traditional copper-based networks to advanced optical communications access networks that are based on state of the art IP and Ethernet standards, for triple-play voice, video and data services including HDTV, IP Telephony and ultrafast internet access. With the recent acquisition of Teledata Networks of Israel, the Division's network equipment has been deployed with 480 service providers world-wide that serve over 11 million subscribers. Teledata Networks has accumulated a wide installed base, spanning millions of lines in over 55 countries worldwide, many of which are Tier-1 services providers, with the combined installed base spanning across 75 countries in all major regions around the world.
Enablence's Optical Components and Subsystems Division is a global leader in applying Planar Lightwave Circuit (PLC) technology to integrate multiple components into a single optical chip to reduce footprint and costs. Network and equipment designers around the world turn to Enablence for a variety of components and subsystems for access, metro and long-haul, including transceivers, splitters, waveguides, optical channel monitors, multiplexers, ROADMs, switches, tunable dispersion compensators, and photodiodes. The Division serves over 120 system and subsystem developers and its products have been integrated in all major communications networks world-wide, serving tens of millions of subscribers.
Forward Looking Statements
This press release may contain forward looking statements that are made as of the date hereof and are based on current expectations, forecasts and assumptions which involve risks and uncertainties associated with our business and the economic environment in which the business operates. All such statements are made pursuant to the 'safe harbour' provisions of, and are intended to be forward looking statements under, applicable Canadian securities legislation. Any statements contained herein that are statements of historical facts may be deemed to be forward looking statements. By their nature, forward looking statements require us to make assumptions and are subject to inherent risks and uncertainties. We caution our readers of this press release not to place undue reliance on our forward looking statements as a number of factors could cause actual results or conditions to differ materially from current expectations. Please refer to the risks set forth in the Corporation's continuous disclosure documents that can be found on SEDAR www.sedar.com. Enablence does not intend, and disclaims any obligation, except as required by law, to update or revise any forward looking statements whether as a result of new information, future events or otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Enablence Technologies Inc.
Peter Kallai
Vice-President, Strategic Analysis and Marketing
613-270-7841
2012