Re Contract
September 30 2003 - 7:00AM
UK Regulatory
RNS Number:3351Q
Marconi Corporation PLC
30 September 2003
Press enquiries:
Joe Kelly, tel: 0207 306 1771; email: joe.kelly@marconi.com
David Beck, tel: 0207 306 1490; email: david.beck@marconi.com
Investor enquiries:
Heather Green, tel: 0207 306 1735; email: heather.green@marconi.com
NEW SALE SUPPORTS MISSION CRITICAL
US GOVERNMENT APPLICATIONS
Marconi Sells More BXR-48000s to U.S. Federal Government, Providing Critical
Multiservice Networking Support for ATM, IP and MPLS
LONDON - September 30, 2003 - Marconi Corporation plc (London: MONI) today
announced the sale of several BXR-48000 multiservice switch-routers to an
agency of the US Federal Government. The sale, worth an estimated #6 million ($9
million), includes both hardware and installation services for the next
generation multiservice platform.
These additional BXR-48000s will help to support the stringent military-grade
next-generation communications requirements of the US Federal Government. Over
the US Government's past financial year, the sale of Marconi's multiservice
networking equipment supporting specific mission-critical federal applications
has increased by over 20 percent. This is in addition to Marconi's $1.3 billion
installed base of equipment in the US Federal government.
"This contract with the US Federal government demonstrates continued and growing
support from a key market for one of Marconi's core products, the BXR-48000
multiservice switch-router," said Joe Pajer, executive vice president of
Marconi's Broadband Routing & Switching group, which developed the product. "The
sale also demonstrates that the BXR-48000 is a key component for the US
Government's critical broadband networking requirements."
The U.S. Federal Government bought the first of its BXR-48000s last autumn, a
contract that was announced Sept. 18, 2002, and has also purchased Marconi's 10
Gbps ATM (Asynchronous Transfer Mode) interface for the BXR-48000. The 10 Gbps
interface supports the Type 1 encryption, which is used to safeguard the
mission-critical applications that are required for secure government
communications across the world, including safeguarding the transport of
real-time video streams. This rate of encryption is the fastest speed currently
possible with commercially available technology. The U.S. Federal government is
currently evaluating the IP/MPLS (Internet Protocol / Multiprotocol Label
Switching) capabilities of the BXR-48000.
ENDS/...
About Marconi Corporation plc
Marconi Corporation plc is a global telecommunications equipment, services and
solutions company. The company's core business is the provision of innovative
and reliable optical networks, broadband routing and switching and broadband
access technologies and services. The company's customer base includes many of
the world's largest telecommunications operators.
The company is listed on the London Stock Exchange under the symbol MONI.
Additional information about Marconi Corporation can be found at
www.marconi.com.
Copyright (c) 2003 Marconi Corporation plc. All rights reserved. All brands or
product names are trademarks of their respective holders.
This press release contains forward-looking statements with respect to products,
partners, customers, future growth and other matters. Please refer to the Form
20-F report and Form 6-K reports filed by Marconi Corporation plc with the
United States Securities and Exchange Commission for a discussion of risks that
could cause actual results to differ materially from such statements.
This information is provided by RNS
The company news service from the London Stock Exchange
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