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RSTN Radstone Rfd

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Share Name Share Symbol Market Type Share ISIN Share Description
Radstone Rfd LSE:RSTN London Ordinary Share GB0033499590 ORD 12 1/2P (RFD 01/04/03)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

DATATEL JSC to OEM Riverstone Networks' RS Routers for Russian Market

07/10/2005 8:12am

PR Newswire (US)


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Companies Take Reseller Relationship to the Next Level MOSCOW, Oct. 7 /PRNewswire-FirstCall/ -- DATATEL JSC, one of Russia's largest systems integrators, and Riverstone Networks (OTC:RSTN.PK), a leading provider of carrier Ethernet solutions, today announced the two companies have entered into an OEM agreement under which Datatel will sell Riverstone's RS 3000 and 8000 series carrier Ethernet routers to the Russian market under the Datatel brand. Under the terms of the agreement, Datatel, Riverstone's first Russian OEM partner, will sell Riverstone's RS 3x00 Metro Access and RS 8x00 Metro Aggregation Routers under the Datatel brands of DT-3100 Metro Access and DT-8x00 Metro Aggregation Routers respectively. The MPLS-based DT-8000 and DT-8600 provide up to 448 ports of fast Ethernet in one compact chassis that can be used in the access or aggregation layers of the carrier's network as well as in the metropolitan core. The DT-3100 provides carriers with the MPLS/VPLS technology at the network access layer necessary for the delivery of "triple play" -- the combination of voice, video and data -- services. "Over the past few years, Datatel proved itself as a valuable reseller providing us with such Russian customers as Comstar," said Oscar Rodriguez, Chief Executive Officer, Riverstone Networks. "This next step in our relationship, moving from a reseller to an OEM arrangement, is designed to help us further penetrate the Central and Eastern European market by giving DATATEL the power to adapt product marketing to better meet the mindset of its customers in Russia, Belarus, Estonia, Kazakhstan, and Lithuania among others." "As part of the agreement, DATATEL's staff will become fully certified on the DT-8x00 and DT-3x00 to provide first-rate support to our customers, which primarily consist of government agencies and providers of corporate services," said Vladimir Ryabinin Director of the IT department of DATATEL. "In addition, the close technical cooperation between the companies will enable us to better serve our customers and to have the Riverstone operating system software certified for use by our Russian customers. This agreement will help us further extend our market in Russia, possibly as soon as 2006." In October 2002, DATATEL became an official reseller of Riverstone equipment, responsible for the sales, installation and ongoing technical service support to customers who purchase Riverstone's carrier Ethernet solutions from them. Datatel's staff was trained in Riverstone's education center. In addition, Datatel's test lab contains Riverstone's equipment, allowing Datatel's staff to design and test various Ethernet implementations based on Riverstone's solutions. About DATATEL JSC DATATEL JSC is one of the largest system integrators in Russia, creating, renovating and maintaining communications networks of all kinds. DATATEL offers a full spectrum of turn-key services from network design and equipment delivery to technical support and customer training. DATATEL delivers the highest quality services to its customers through a seasoned staff of manufacturer-certified network specialists, multi-vendor technical testing and demonstration facilities, transport logistics, warehousing, and strong relationships with industry leaders around the globe. DATATEL offers products and solutions from some of the world's leading network equipment vendors including: Alcatel S.A., Flex Light, Keymile, Oscilloquartz, Riverstone Networks, and others. DATATEL maintains a strong partnership with Svyazinvest, a consortium of Russia's top service providers, and is responsible for the design and implementation of some largest networks in Russia including Golden line, MTU -- Inform, Comstar, Neva line, Infotel, Astelit, Petersburg Transit Telecom, and Northwest Telecom as well as a number of governmental and commercial organizations. About Riverstone Networks Riverstone Networks, Inc. is a leading provider of carrier Ethernet infrastructure solutions for business and residential communications services. Riverstone's Ethernet router portfolio uniquely delivers the reliability that allows carriers to meet the triple play -- voice, video and data -- service requirements of their customers in a cost-effective and scalable way. Riverstone allows carriers to offer new services over existing revenue-generating networks permitting them to evolve to a next generation Ethernet infrastructure. Except for the historical information contained herein, the matters set forth in this press release, including without limitation statements regarding DATATEL's ability to sell, serve and support the DATATEL branded products, its attainment of Riverstone certification, its ability to gain marketshare, and the ability to have Riverstone's operating system software certified for government use as a result of this agreement are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements speak only as of the date hereof and are subject to risks and uncertainties that may cause actual results to differ materially. These risks and uncertainties include changes in the Russian market for telecommunications equipment, competition for marketshare, the failure to obtain certification of the operating system for use by certain customers, as well as those risks and uncertainties detailed from time to time in Riverstone Networks' SEC reports, including the reports on Form 10-Q and Form 8-K filed on September 2, 2004. The company assumes no obligation to update or revise these forward-looking statements. Amy Huitt http://www.datatel.ru/ 408-878-6918 http://www.riverstonenet.com/ DATASOURCE: Riverstone Networks CONTACT: Amy Huitt of Riverstone, +1-408-878-6918, or ; or Web site: http://www.datatel.ru/ Web site: http://www.riverstonenet.com/

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