AFCI Advanced Fibre Communications (MM)

CANTV Honors AFC With 'Best in Class' Award PETALUMA, Calif., Aug. 9 /PRNewswire-FirstCall/ -- AFC(R) (NASDAQ:AFCI), The Acronym for Access(SM), today announced that CANTV, Venezuela's largest telecommunications company, has recognized AFC with a "Best in Class" award for its market-leading access solutions. With this award, AFC holds the honor of being the most recognized supplier to the CANTV organization for access solutions. In conjunction with AFC's Venezuelan representative, IEM Engineering, AFC provides a full suite of access solutions to CANTV for the delivery of voice and high-speed data services. This award marks the fourth consecutive time that CANTV has publicly recognized the benefits of AFC's solutions and the services provided by IEM Engineering, a key associate of AFC's in the Central America/Latin America (CALA) region. "AFC is delighted and honored to be recognized for this top award from such a leader in the telecommunications industry. Our continued mission is to provide the highest quality telecommunications solutions to CANTV in Venezuela," said Jack Ermey, vice president of global sales for AFC. "Both AFC and our local partner, IEM, are extremely proud of the recognition by CANTV for four consecutive years as a significant supplier." AFC began working with CANTV in 1997 by providing its AccessMAX(TM) family of next-generation digital loop carriers. As the needs of CANTV changed and AFC's NGDLC platforms evolved to integrated multiservice access platforms (IMAPs) to meet the growing need for broadband, AFC continuously answered the call. Today, in fact, AFC's comprehensive AccessMAX portfolio provides CANTV with V5.2 IMAPs, including integrated voice gateways and ADSL 6+6H (ADSL + POTS) line cards, as well as outside plant cabinets, and network management systems. "AFC's industry-leading solutions meet CANTV's growing demand for broadband access applications," added Ermey, "while providing them with an easy, cost-effective migration path to H.248 packetized voice gateways and fiber-to-the-premises solutions." AFC and IEM Awards History with CANTV: * 2000: Special Award for Digital Loop Carrier Products * 2001: Best in Class / Access Products, and Best of the Best (Supplier of the Year) * 2002: Nomination / Access Products * 2003: Best in Class / Access Products About CANTV Headquartered in Caracas, CANTV was privatized in December 1991, when a consortium led by GTE Corporation (now Verizon Communications) acquired 40 percent of the company's equity share capital and assumed operating control from the government of Venezuela. Integration with CANTV's subsidiaries, Movilnet, CANTV Servicios and Caveguias, has made CANTV the telecommunications leader, offering its customers seamless solutions in wireline and wireless telephony, data transmission, Internet services, and directories. Today, Venezuela's largest service provider is also the country's largest publicly traded company. About AFC Headquartered in Petaluma, Calif., AFC is a leading provider of broadband access solutions for the global telecommunications industry. With a customer base of more than 800 service providers worldwide, AFC continues to build and support the world's evolving broadband access network architecture. Advanced Fibre Communications, Inc., AFC, the AFC logo, and DISC*S are registered trademarks of Advanced Fibre Communications, Inc. AccessMAX is a trademark and The Acronym for Access is a service mark of Advanced Fibre Communications, Inc. Copyright 2004. All rights reserved. Any other trademarks are the property of their respective owners. For more information, please visit AFC online at http://www.afc.com/ or call 1-800-690-AFCI. Except for historical information contained in this press release, the foregoing contains forward-looking statements that involve risks and uncertainties. Rapidly changing technologies and market conditions may require changes to our products. Actual results may differ materially from those indicated by such forward-looking statements based on a variety of risks and uncertainties, including the risks and uncertainties relating to the timing and quantity of orders from CANTV, the timely and successful development, and market acceptance of AFC's new products and features, and customer demand for broadband services. Information about potential factors that could affect AFC's financial results is included in AFC's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which have been filed with the Securities and Exchange Commission. We undertake no obligation to revise or update these forward-looking statements to reflect events or circumstances after today or to reflect the occurrence of unanticipated events. DATASOURCE: AFC CONTACT: Chris Heinemann of AFC, +1-707-792-4019, or Web site: http://www.afc.com/

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