Orckit-Corrigent’s Products & 3M Services Support Selected by Regional German Telecommunication Service Provider e.discom f...
December 07 2011 - 8:00AM
Business Wire
Orckit-Corrigent Ltd. (Nasdaq: ORCT), a leading Packet Transport
Network (PTN) vendor, today announced that e.discom
Telekommunikation GmbH, a regional German telecommunication service
provider, has selected to deploy Orckit-Corrigent’s MPLS and
MPLS-TP based CM-4000 PTN switches and the accompanying CM-View
network management system, complemented by 3M Services'
comprehensive support platform, to enable low latency and high
priority traffic for the delivery of carrier, enterprise VPN and
residential broadband services on a converged networking layer.
About one million US dollars initial purchase order was accepted
and shipment started at 2011 third quarter.
"e.discom is deploying a next-generation packet transport
network that will deliver strong quality-of-service under very
well-defined service-level-agreements to our carrier and enterprise
customers," said Mr. Gunter Hoheisel, head networks and
infrastructure of e.discom. "Orckit-Corrigent's solutions
successfully completed telemetry tests that included delay and
jitter measurements. Together with 3M Services' GmbH support, we
look forward to instantly leveraging Orckit-Corrigent's solutions
to provide our customers with low latency and high priority
broadband services,” added Mr. Gunter Hoheisel.
"This decision by e.discom, a regional service provider,
highlights the German market’s acceptance of Orckit-Corrigent's
innovative technologies and products," said Mr. Manfred Brandt,
Managing Director of 3M Services. "We appreciate very much this
decision and we are pleased to continue supplying e.discom with
comprehensive, state-of-the-art technologies and customer care
solutions."
Orckit-Corrigent’s CM-4000 portfolio is a series of small-,
medium- and large-capacity Packet Transport Network switches that
offer any combination of Ethernet, SDH and PDH services to
facilitate migration towards a unified packet network. These
switches are based on dual stack IP/MPLS and MPLS-TP, packet
synchronization and circuit emulation technologies, and are
designed to scale up the delivery of residential, business and
mobile backhauling services in next-generation telecom
networks.
"Orckit-Corrigent is pleased to include e.discom in our growing
global customer base,” said Mr. Izhak Tamir, Co-Founder, Chairman
of the Board and President of Orckit Communications. “Orckit is
enjoying positive momentum and is seeing a strong increase in its
customer base. Our deal with e.discom strengthens our position as a
leading PTN vendor, and highlights our successful partnership with
3M Services."
About e.discom Telekommunikation GmbH
The e.discom Telekommunikation GmbH in Brandenburg and
Mecklenburg-Western Pomerania has a modern and extensive
telecommunication network based on its own fiber optic and copper
cables e.discom provide high quality connections in the region and
beyond. The e.discom was established in March 2000 from the merger
of the in Oktober 1996 founded mevacom Telecommunication Services
GmbH and some other regional companies With its headquarters in
Rostock and an office in Potsdam, e.discom is now in two major
locations North East Germany. e.discom is with the regional
economic structures as familiar as with the specific requirements
of businesses, municipalities and public institutions. Flexibility,
professional competence and responsibility are the foundation of
the comprehensive range of services in the areas of:
In a quality on which you count and on terms that you can count
on you, a solution made by e.discom is the right decision for your
business!
For more information, please visit http://www.ediscom.de
About 3M Services GmbH
3M Services GmbH, part of the 3M Group which is represented in
more than 70 countries, is a young, dynamic company providing
full-service solutions in the telecommunications sector. Together
with the 4,500 employees of 3M Deutschland GmbH 3M Services and 3M
Deutschland GmbH generate a global turnover exceeding Euro 1
billion.
For more information, please visit
http://www.3m-services.de/Telekommunikation/index.php
About Orckit Communications Ltd.
Orckit facilitates telecommunication providers' delivery of high
capacity broadband residential, business and mobile services over
wireline or wireless networks with its Orckit-Corrigent family of
products. With 20 years of field experience with Tier-1 customers
located around the world and sound leadership, Orckit has a firm
foothold in the ever-developing world of telecommunication.
Orckit-Corrigent's product portfolio includes Packet Transport
Network (PTN) switches - an MPLS and MPLS-TP dual stack based
portfolio enabling advanced packet as well as legacy services over
packet networks with a wide set of transport features.
Orckit-Corrigent markets its products directly and indirectly
through strategic alliances, as well as distribution and reseller
partners worldwide. Orckit was founded in 1990 and went public in
1996. The company is active in APAC, Western and Eastern Europe,
and America.
For more information, please visit www.orckit.com. Follow Orckit
on Twitter @ORCT
Certain matters discussed in this news release are
forward-looking statements that involve a number of risks and
uncertainties including, but not limited to, the Company’s history
of losses, dependence on a limited number of customers, risks in
product development plans and schedules, rapid technological
change, changes and delays in product approval and introduction,
customer acceptance of new products, the impact of competitive
products and pricing, market acceptance, the lengthy sales cycle,
exchange rate fluctuations, fluctuation in order size, proprietary
rights of the Company and its competitors, need for additional
financing, the ability to repay the convertible notes, risk of
operations in Israel, government regulation, dependence on third
parties to manufacture products, the effect of current global
economic conditions, as well as turmoil in the financial and credit
markets, and other risk factors detailed in the Company's United
States Securities and Exchange Commission filings. Actual results
may materially differ. Orckit assumes no obligation to update the
information in this release.
Promotora De Informaciones (PK) (USOTC:PRISY)
Historical Stock Chart
From Mar 2024 to Apr 2024
Promotora De Informaciones (PK) (USOTC:PRISY)
Historical Stock Chart
From Apr 2023 to Apr 2024
