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Symmetricom Supports New Customers in Asia and Australia with Intelligent Network Synchronization Pr
Added: (Mon Oct 08 2001)
Symmetricom Delivers Synchronization Solutions For Full-Service Telecom Provider In The Philippines and Victoria’s Largest Electricity Distributor
San Jose, Calif. – 8 October 2001 - Symmetricomâ, Inc. (NASDAQ: SYMM) today announced it is supporting two new international customers with the company’s industry-leading network synchronization solutions. The adoption of Symmetricom’s products by Globe Telecom, a full-service telecommunications provider in the Philippines, and Powercor Australia, Victoria's largest electricity distributor and provider of network infrastructure for more than 64 percent of Victoria, illustrate the growing demand for network synchronization solutions in the international market.
“Synchronization is a critical element in the ongoing build out of global wireline and wireless networks,” said Eduardo Inzunza, vice president of marketing for Symmetricom. “Our intelligent synchronization solutions continue to set the standard for maximizing bandwidth and enabling exceptional reliability and quality of voice, data, and video service transported across networks around the globe.”
Symmetricom has been serving the global network synchronization and timing market since 1984, and maintains the market share lead in synchronization and timing. All communications networks – whether wireless, wireline, long-distance, local or cable – require proper synchronization to eliminate low data throughput, degraded voice quality and jerky video transmission. As global wireline and wireless networks expand, the appropriate level of network synchronization is required to maximize bandwidth efficiency and ensure the highest quality transmission of voice, data and video.
Globe Telecom which provides wireline, digital wireless, international telephony, inter-exchange carrier (IXC) service, data communications and Internet services, worked with CSI, Symmetricom’s distributor to the Philippines in selecting a Symmetricom solution. Globe selected Symmetricom’s TimeSource 3600, a standalone Primary Reference Source (PRS), the DCD-Cs Cesium Primary Reference Source and the DCD-519, a third-generation synchronization and timing distribution system that provides the accurate clock references needed throughout a network.
Powercor’s network extends from the western suburbs of Melbourne to the Murray River and the South Australian border. More than 10,000 new customers connect to the Powercor network each year. Acterna, Symmetricom’s Australian distributor, delivered Symmetricom’s TimeSource TS3100 PRS and DCD-521/C synchronization and timing distribution system to support the deployment of Nortel Networks’ OPTera Metro 4000 Multiservice Platform, a fully-managed optical transport system that addresses a broad range of multi-rate application needs in SDH-based access, metropolitan and regional backbone networks.
About Symmetricom, Inc.
Symmetricomâ Inc. (Nasdaq: SYMM) makes wireline and wireless communication possible for businesses and consumers, improving global network traffic and increasing the value of the copper telephone wire infrastructure. The company’s intelligent synchronization products are essential for the transmission of voice, data and video over any network, and the company’s broadband products extend the reach and bandwidth of broadband services from the Internet backbone over the “last mile.” Symmetricom helps maximize the deliverable bandwidth over the copper telephone wire infrastructure, eliminating the distance barriers for the consumer market and the cost barriers in the business market for value-added broadband services. Symmetricom’s customers include the world’s largest carriers and service providers. The Company is headquartered in San Jose, Calif., with offices worldwide. For more information visit: www.symmetricom.com.
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Safe Harbor
The foregoing statements regarding anticipated stock repurchases are forward-looking and may differ materially from the company’s current expectations. The company assumes no obligation to update such forward-looking statements. Other factors and risks that could impact the company’s decision relative to repurchase shares are discussed in the company’s filings on Forms 10-K and 10-Q with the Securities and Exchange Commission.
In Europe, Middle East, Africa: Symmetricom Limited, 150 Wharfedale Road, Winnersh, Wokingham, Berkshire, RG41 5RB, England.
Phone: +44 (0) 118 927 7526, fax: +44 (0) 118 927 7520. Email: mailto:info@symmetricom.com.
In United States of America: Symmetricom, 2300 Orchard Parkway, San Jose,
CA95131-1017, USA.
Phone: +1 (408) 433 0910. Email: mailto:us-info@symmetricom.com
In Latin America: Symmetricom, 1560 Sawgrass Corporate Parkway, 4th Floor, Sunrise, Florida 33323, USA.
Phone: +1 954 331 4592, fax: +1 954 331 4601. Email: mailto:lgonzales@symmetricom.com
In Asia: Symmetricom Hong Kong Ltd., Unit 1005, Jubilee Centre, 42-46 Gloucester Road, Wan Chai, Hong Kong.
Phone: +852 2529 7180, fax: +852 2529 7190. Email: mailto:world-info@symmetricom.com.
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COMPANY CONTACT
John Ehrig
Symmetricom
Tel: +1 408 428 6973
Email: mailto:jehrig@symmetricom.com
PRESS CONTACT
Allan Edwards
Neesham Public Relations
Tel: +44 (0) 1442 879222
Email: mailto:allane@neesham.co.uk