Hitachi Telecom Chooses Wave7 Optics as a Co-Development Partner for Hitachi's New ``Fiber-to-the-Home'' Network Equipment for Worldwide Sales
CHICAGO--(BUSINESS WIRE)--June 21, 2004--Wave7 Optics (booth 28335) announced today that it has been chosen by Hitachi as a co-development partner for the new Hitachi AMN1200 family of "fiber-to-the-home" (FTTH, aka FTTP or fiber to the premises) network equipment for markets worldwide. The AMN1200 SFU, now available, supports the full "triple play" of video, very high-speed data and voice services and complies with the FSAN (Full Service Access Network consortium) BPON (broadband passive optical network) specification.
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With more than 30 service provider customers worldwide, Wave7 Optics have established themselves as a U.S. leader in the FTTH/FTTP sector and the development of this equipment will create an opportunity to extend their market presence. The Wave7 Optics Last Mile Link product is based on Ethernet and IP standards. Nevertheless, Hitachi selected Wave7 to develop an optical broadband product based on Hitachi's FSAN-compliant ATM technology. Of the FTTH standards ratified to date by the ITU-T, FSAN is currently the most widely deployed worldwide.
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"The Wave7 Optics team has an impressive reputation for developing flexible and cost effective optical access equipment. - especially when it comes to video services, including IP video and HDTV," said Frank Banks, VP Sales, Hitachi Telecom. "We are pleased to leverage their experience in the development of the new AMN1200 SFU product suite."
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"This agreement with Hitachi represents our market entry strategy into accounts that prefer ATM-based equipment," said Tom Tighe, CEO of Wave7 Optics. "To that end, we will establish ourselves further in terms of reputation and market share via this agreement with Hitachi, the market leader in ATM FTTH technology."(1)
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"This looks like a classic 'win-win' situation for both companies," said Michael Kennedy, Principal of Network Strategy Partners, an industry consulting firm. "Hitachi will benefit from Wave7's unique 'passive and active' approach to FTTH equipment and their video expertise to develop a real cutting-edge product. Wave7 has a great chance to grow in the U.S. and internationally. Both companies now have improved their standing vis-a-vis the major FTTH deployments planned by the world's largest service providers over the next few years."
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About Hitachi Telecom (USA), Inc.
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Hitachi Telecom (USA), Inc., a subsidiary of Hitachi America, Ltd., and Hitachi, Ltd., develops, manufactures and markets telecommunications equipment for the U.S. market. The company offers Access systems such as Ethernet B-PON, Point-to-Point, GbE-PON, ITU-compliant 'triple play' B-PON for FTTH/FTTB; ultra high-speed optical networking equipment such as DWDM and SONET systems; and customer premises products such as PBXs. For more information on Hitachi Telecom (USA), Inc., visit http://www.hitel.com. For more information on Hitachi America, visit http://www.hitachi.us. For more information on Hitachi worldwide please visit the company's Website at http://www.hitachi.com.
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About Wave7 Optics
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Wave7 Optics, Inc. is a market leader in FTTP systems for "triple play" services, with customers around the world in the IOC, CLEC, MSO, municipal, real estate development and utility sectors. The company's "Last Mile Link" optical access system effectively overcomes the deployment and operational cost barriers that have to date stymied the deployment of optical broadband systems. Wave7's Last Mile Core transport and Last Mile Gateway subscriber premises products provide advanced "carrier class" QoS and Layer 3 intelligence at the network edge. The Last Mile Link offers service providers a particular advantage with regards to video in that it is the only platform that supports upstream RF return signals and readily accommodates HDTV.
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Additional information about Wave7 Optics is available on the web at www.wave7optics.com or by contacting Emmanuel Vella at emmanuel.vella@w7optics.com.
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(1) Source: "Fiber-to-the-Home: Technology, Markets and Major Players," Red Herring Research, November 2003.
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