SANTA BARBARA, Calif.--(BUSINESS WIRE)--March 28, 2005
Occam Networks Inc. (OTCBB: OCCM), a supplier of
innovative Ethernet- and IP-based loop carrier equipment to
telecommunications companies worldwide, today announced the signing of
a strategic alliance with Tellabs (NASDAQ: TLAB), which opens up
market opportunities with large North American Local Exchange Carriers
for Occam's IP-based loop carrier equipment.
"We are pleased and excited that Tellabs has selected Occam's
Ethernet- and IP-based Broadband Loop Carrier products and technology
to sell to some of North America's biggest carriers," said Bob
Howard-Anderson, Occam president and CEO. "Our IP/Ethernet BLC 6000
family has already been adopted by 75 independent operators, including
five of the top 30 largest in North America."
Tellabs has licensed Occam's Ethernet transport technologies for
integration into its Tellabs(R) FiberDirect(SM) portfolio. Occam gains
access to Tellabs' cabinet products, enabling the company to provide
new and existing IOC customers with more deployment options for
delivering services over copper access networks and to evolve to
packet-based fiber networks.
"We believe the access network is poised for transformation over
the next five years as service providers decide how to deliver
high-bandwidth services such as triple play," said Matt Davis,
director, Broadband Access Technologies of the Yankee Group. "It's
clear that Ethernet and IP are expected to be key technologies in this
transformation, and the market is now ready to accept these
technologies as a cost-effective way to evolve the access network.
Strategic relationships such as the Tellabs/Occam alliance make sense
as broadband technology vendors seek to leverage any advantage they
can to create a solution set that will allow them to take advantage of
this quickly emerging opportunity."
Occam Networks' broadband loop carrier product enables
telecommunications providers to create broadband access networks
capable of delivering new revenue generating services such as VoIP,
IPTV, and very high-speed data over copper using IP and Ethernet
protocols. The company's second-generation product, the Occam
Broadband Loop Carrier, simplifies the access network by consolidating
multiple functions into a single network element that uses low-cost,
high-bandwidth Ethernet as the core transport and service delivery
technology. The Occam Broadband Loop Carrier also transports all voice
as Voice over IP (VoIP) to simplify the transition to next-generation
switching technologies, while supporting traditional Class 5 switching
and POTS. The loop carrier system incorporates high-bandwidth Ethernet
transport, integrated software features including IGMP routing on
every blade and a series of video service management tools, and the
latest ADSL2Plus technology to provide service providers with the most
efficient and economic delivery of IPTV.
The Occam Networks Broadband Loop Carrier System is based on the
Intelligent Blade Interconnect Architecture (IBIA), which provides
cost-effective low-, medium- or high-capacity configurations. The
"blades" are deployed in all configurations in both the remote
terminal and the central office to enable universal sparing, lower
cost-of-platform deployment and very simple training and operations
management. The system enables carriers to distribute a high-capacity
system in low-capacity environments and scale to meet the demands of a
rapidly expanding subscriber base.
About Occam Networks Inc.
Occam Networks Inc. develops and markets innovative Broadband Loop
Carrier networking equipment that enables telephone companies to
deliver voice, data and video services. Based on Ethernet and Internet
Protocol (IP) technologies, Occam's equipment allows
telecommunications service providers to deliver traditional phone
services, as well as advanced Voice over IP, residential and business
broadband, and digital television services through a single,
all-packet access network. Occam is headquartered in Santa Barbara,
Calif. Additional information can be found at www.occamnetworks.com.
Tellabs delivers technology that transforms the way the world
communicates(TM). Tellabs' experts design, develop, deploy and support
wireless and wireline network solutions. The company's comprehensive
broadband portfolio enables carriers in almost 100 countries to
succeed in the new competitive environment. Tellabs is part of the
NASDAQ 100 Index. www.tellabs.com.
Cautionary Statement Concerning Forward-Looking Statements
This press release contains forward-looking statements concerning
a strategic alliance between Occam and Tellabs. Occam cannot provide
any assurance that the strategic alliance announced today will result
in an increase in Occam's revenues or improvement in its operating
results. Occam's business, operating results and financial condition
are subject to numerous risks and uncertainties. These risks include,
among others, the risk that its revenues will not increase as
anticipated if its products do not achieve market acceptance. Occam's
products could fail to achieve market acceptance based on competitive
factors, an unwillingness of telecommunication companies to make
substantial capital expenditures, or a failure of these products to
perform to industry standards, which may change based on technological
developments. Please refer to Occam's most recent quarterly report on
Form 10-Q, annual report on Form 10-K and other filings Occam makes
with the SEC for additional factors that could cause actual results to
differ materially from those contained in any forward-looking
statements provided today.
Connect Public Relations
Spencer Parkinson, 801-373-7888
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