Amedia and LightRiver Technologies Join Forces; Combined Team to Deliver Switched Ethernet FTTP SolutionBusiness Wire via COMTEX
Nov 23, 2004 12:05:00 AM
HOLMDEL, N.J. & LAFAYETTE, Calif., Nov 23, 2004 (BUSINESS WIRE) --
Amedia Networks, Inc. (OTCBB: AANI), a provider of Ethernet switched optical networking (ESON) solutions, and LightRiver Technologies, a full-service telecommunications solutions provider of high-performance products and services, today announced that they have entered into an agreement in which LightRiver will distribute Amedia's QoStream(TM) FTTP Product Portfolio. LightRiver's customers include Telephone Companies, Municipalities, Utilities, Government Agencies and Cable TV Providers.
"Amedia's broadband access solution and ESON technology provide superior performance and capabilities. This combined with LightRiver's dedication to customer satisfaction will raise the bar on expectations and performance in this market," said Mike Jonas, LightRiver's Executive Vice President. "We are excited about this new partnership with Amedia, and look forward to offering the QoStream product family to our customers."
Under the agreement, LightRiver will perform marketing, sales, and key system integration functions to satisfy the growing demand for switched Ethernet based fiber access solutions.
Amedia will make available the QoStream AS5000 Ethernet Switch and the QoStream PG1000 Premises Gateway, as well as the QoStream Director Element Management System to LightRiver as these products become commercially available. These ESON-based products will allow each subscriber to receive up to 100 Mbps over a 90 km reach from a central office or head end. They will enable LightRiver to offer their customers a cost-effective, easily scalable, carrier-grade solution over which triple play services with associated Quality of Services guarantees can be deployed.
"We are excited to be working with LightRiver given their broad coverage and unique expertise in providing end to end optical solutions," stated Bill Zakowski, Amedia's VP of Business Development. "Amedia understands the importance of strategic partnerships with outstanding companies such as Lightriver. Together with LightRiver's market presence and solid customer base we see tremendous opportunity for QoStream."
About LightRiver Technologies
Headquartered in Lafayette, CA, LightRiver Technologies, Inc. is a full-service telecommunications solutions provider, delivering a suite of high-performance products and services to assist companies in designing, deploying, integrating, managing and supporting "Carrier-Grade" optical, switching, access, and data-network solutions. With offices across the country, LightRiver's highly skilled team of engineers, sales, and support staff have decades of experience in the telecommunications industry and are uniquely qualified to deliver the very highest levels of service and support to clients in the carrier and ISP space, CLEC and ILEC, Utilities, and Government markets. For more information, visit the company's web site at www.lightriver.com.
About Amedia Networks
Amedia designs, develops, and implements Ethernet solutions for the Fiber-to-the-Premises (FTTP) broadband access market. The Company's solutions are being designed to provide secure, high performance, scalable and reliable access, enabling network providers to offer high-speed data access, video applications, and Voice over Internet Protocol (VoIP) services in a highly cost effective manner. For more information about Amedia Networks please visit www.amedia.com.
All statements contained herein, as well as oral statements that may be made by the Company or by officers, directors or employees of the Company acting on the Company's behalf, that are not statements of historical fact, constitute "forward looking statements". Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Such risks and uncertainties are outlined in the Company's Annual Report on Form 10-KSB for 2003, its Quarterly Reports on Form-10-QSB, and other documents filed with the Securities and Exchange Commission. The Company is under no obligation to revise or update any forward looking statement in order to reflect events or circumstances that may arise in the future.
SOURCE: Amedia Networks, Inc.
Interprose Public Relations
for Amedia
Press Contact:
Melissa Power, 401-454-1314
melissa_power@interprosepr.com
or
KCSA, Worldwide
for Amedia
Investor Contacts:
Jeffrey Goldberger, 212-896-1249
jgoldberger@kcsa
or
Michael Gallo, 212-896-1258
mgallo@kcsa.com
or
LightRiver Technologies
Brian Haux, 925-299-9524
925-787-3313 (mobile)
haux@lightriver.com
Copyright (C) 2004 Business Wire. All rights reserved.
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