Vancouver, BC - June 15, 2007. TeraSpan Networks' Vertical Inlaid FiberTM (VIFTM) System has been added to a the accepted materials list of the United States Department of Agriculture's Rural Development Telecommunications Program (RDTP) supporting expanded broadband access to rural American communities that currently receive limited service.
"We are very pleased that the RDTP has granted us technical acceptance," said Lisa Payne, TeraSpan's President. "Small towns should have access to the same resources as urban and suburban areas, and our technology can help these communities by significantly increasing the ease of broadband deployments while simultaneously decreasing the costs."
The technical acceptance of TeraSpan's VIFTM System will qualify the company to participate in RDTP financed projects, including many Fiber to the Home projects. TeraSpan's innovative technology is ideal for such projects as it is faster and more economical to deploy than traditional methods, and its flexible design allows for the future expansion of the network. TeraSpan's VIFTM System consists of a rugged 2-piece conduit that "zippers" closed over the fiber optic cables and is then placed in a slim cut in the ground.
Since 2001 RDTP has provided $4.9 Billion in broadband financing. The enhanced communications services provided by such financing is intended to stimulate local economies, provide access to global markets, and improve the quality of life for rural residents by offering access to on-line educational and health care resources.
About TeraSpan Networks
TeraSpan Networks specializes in reliable, cost effective fiber optic cable deployment for a variety of markets including municipalities, telecom carriers, public utilities, universities, schools and hospitals. TeraSpan's robust, environmentally friendly Vertical Inlaid FiberTM (VIFTM) technology enables rapid and cost effective delivery of communication infrastructures necessary to support dependable, high-bandwidth services for any application. www.teraspan.com
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Contact
Stephen Majlath, Chief Financial Officer
TeraSpan Networks
smajlath@ignitionpoint.ca