Pannaway Technologies Announces Video Partnership with net.com
February 14 2005 - 2:34PM
PR Newswire (US)
Pannaway Technologies Announces Video Partnership with net.com
Partnership Allows Telecommunications Service Providers to
Seamlessly Deploy IP-based Video Services in Legacy ATM
environments FREMONT, Calif., Feb. 14 /PRNewswire/ -- Pannaway
Technologies, Inc., designers and developers of converged broadband
voice, video and data platforms, today announced a partnership with
net.com (NYSE:NWK) that enables telecommunications service
providers to deliver high-revenue, IP-based video services in
legacy ATM network environments, preserving existing infrastructure
investments and lowering ongoing equipment costs. Pannaway uses
net.com's SCREAM platform to provide telcos with a fully
interoperable, easy-to-install migration path for the deployment of
new IP- based video networks. The partnership enables telcos to
realize the documented benefits of IP while maintaining existing
investments in legacy ATM infrastructures. "IP is widely recognized
as the future transport mechanism for the deployment of high
quality video services and we are excited to work with Pannaway to
deliver extended value to the telco community," said Bert Whyte,
CEO of net.com. "Our SCREAM platform cost-effectively creates the
bridge between legacy ATM infrastructures and emerging IP-based
networks for the delivery of high-revenue applications such as
Video-on-Demand and High- Definition Television." The SCREAM
platform is currently the only broadband remote access server
(BRAS) available with a full ATM switching architecture. SCREAM in
conjunction with Pannaway's Service Convergence Network (SCN(TM))
seamlessly interoperates with existing ATM networks for the
delivery of IP Video over DSL. By leveraging the SCREAM platform,
Pannaway's telco customer base can recognize the benefits of IP
including a reduced cost structure, increased bandwidth (including
Gigabit Ethernet), simplified provisioning, and enhanced
manageability. "While ATM technology has proven that it can support
high bandwidth applications like VoD, HDTV, and high-speed Internet
access, exorbitant equipment and provisioning costs make the
technology a rather unpopular choice for future build outs," said
Mike Skubicz, CTO of Pannaway. "The net.com/Pannaway partnership
enables telcos to leverage fully functional ATM networks that are
already in place while future-proofing their footprint with
emerging IP technology." net.com' s SCREAM platform is now an
integral part of the Pannaway SCN, a suite of products that enables
telcos to build out a network for a successful Triple Play delivery
of converged broadband services. As the industry's first
carrier-class end-to-end IP solution, Pannaway's SCN gives telcos
the power to expand their service offerings on this more efficient
and scalable platform. About Pannaway Pannaway Technologies designs
the industry's first carrier-class end-to- end IP solution for
converged voice, video and data service delivery. Pannaway's
innovative technology enables telecommunications companies
worldwide to deliver unified services to homes and businesses at a
fraction of their historical costs. The privately held company was
founded in April 2002 and is headquartered in Portsmouth, New
Hampshire. Its founding management team, with over 90 years of
collective experience in the industry, has played a pioneering role
in the telecommunications equipment sector. For more information,
please visit http://www.pannaway.com/. About net.com Network
Equipment Technologies, Inc., doing business as net.com, develops
and delivers platforms for broadband, IP telephony, and
multiservice networks. An architect of the networking industry,
net.com has been supplying service providers, governments and
enterprises around the world with bulletproof networking technology
for more than 20 years. net performance. net results. net.com. For
more information, visit http://www.net.com/. DATASOURCE: net.com
CONTACT: Dale Allaire of Pannaway Technologies, +1-603-766-8615 or
; or Brenda Ropoulos of net.com, +1-510-574-2508 or Web site:
http://www.net.com/
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