Agreement covers Nordic and Baltic countries
VANCOUVER, CANADA– April 14th, 2009 – TeraSpan Networks, Inc. a provider of cost effective, reliable fiber optic deployment solutions announced today that it has signed an agreement with Alcatel-Lucent (NYSE: ALU) to distribute TeraSpan’s Vertical Inlaid Fiber products in Nordic and Baltic countries of Europe.
TeraSpan provides service providers micro-channeling conduit deployment solutions that significantly reduces the labor of fiber network deployments and is significantly less disruptive for the municipality’s infrastructure and the community.
“We are delighted to have Alcatel-Lucent as a partner for our products. It is a great endorsement of the value we deliver in reducing cost and deployment time for fiber deployments.” said Neil McDonnell, Chief Executive Officer of TeraSpan. “Europe is leading the way in new deployments of fiber networks, and is at a tipping point for mass adoption. Historically, our clients find that fiber deployments are up to 70% faster with the TeraSpan solution, saving them considerable time and expense when providing last mile solutions for their customers. This productivity gain allows service providers to rapidly roll out advanced broadband applications such as, VoIP and IP based TV.”
About Alcatel-Lucent
Alcatel-Lucent (Euronext Paris and NYSE: ALU) provides solutions that enable service providers, enterprise and governments worldwide, to deliver voice, data and video communication services to end-users. As a leader in fixed, mobile and converged broadband networking, IP technologies, applications and services, Alcatel-Lucent offers the end-to-end solutions that enable compelling communications services for people at home, at work and on the move. With operations in more than 130 countries, Alcatel-Lucent is a local partner with global reach. The company has the most experienced global services team in the industry, and one of the largest research, technology and innovation organizations in the telecommunications industry. Alcatel-Lucent achieved revenues of Euro 17.8 billion in 2007 and is incorporated in France, with executive offices located in Paris. For more information, visit Alcatel-Lucent on the Internet: http://www.alcatel-lucent.com
About TeraSpan
TeraSpan dramatically improves its client’s productivity by delivering cost effective, reliable fiber optic deployment solutions. Service providers, organizations and municipalities leverage TeraSpan’s time-tested, field-proven micro-channeling conduit approach to reduce capital and operational expenditures for competitive advantage in their markets. Engineered to meet the true challenges of outside plant, TeraSpan’s Vertical Inlaid Fiber system provides network reliability and unparalleled future network flexibility. Visit www.teraspan.com for more information.
For further information, contact:
Elena Kinakin, Chief Financial Officer
Telephone : +1 604 638 5484
Email: Ekinakin@teraspan.com
www.teraspan.com