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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

GuiZhou ZunYi CATV to Offer Enterprise Data Services Using Ethernet Solution From Riverstone

22/02/2005 2:01pm

PR Newswire (US)


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GuiZhou ZunYi CATV to Offer Enterprise Data Services Using Ethernet Solution From Riverstone SANTA CLARA, Calif., Feb. 22 /PRNewswire-FirstCall/ -- Riverstone Networks (Pink Sheets: RSTN), a pioneer in Carrier Ethernet Networks, today announced that Chinese cable operator GuiZhou ZunYi CATV has selected Riverstone's Ethernet routers to provide data services to businesses throughout the city. The deployment marks the cable operator's first venture from residential video and Internet access services into enterprise data services, part of a growing trend among Chinese cable operators. Using Riverstone's RS 8000 and 3000 series of carrier Ethernet routers, CATV seeks to expand its customer base and capture additional revenues by offering Local Area Networks (LANs) and Virtual Private Networks (VPNs). The Ethernet network will provide CATV's enterprise customers with a reliable, cost-effective solution for linking together geographically dispersed offices. "To stay competitive, both phone and cable companies have to find new sources of service revenues," said Yong Shu, Vice President, Asia-Pacific Region, Riverstone Networks. "Increasingly, they are turning to Ethernet, which allows them to offer any combination of voice, video or data services over a single, converged infrastructure." Unlike Ethernet solutions designed for business and university campuses, Riverstone's MPLS-based carrier Ethernet solutions can scale to support tens and hundreds of thousands of users with the same high levels of reliability and Quality of Service (QoS) as legacy data networks. Riverstone Networks, Inc. is a leading provider of carrier-class solutions for next generation metro Ethernet networks. Riverstone's metro routers and provisioning solutions deliver the ease of use, cost effectiveness, and flexibility that carriers require in meeting their customers' networking requirements in support of voice, video, and data services. Riverstone uniquely permits carriers to offer homogeneous services across existing revenue-generating networks and new Ethernet deployments. Except for the historical information contained herein, the matters set forth in this press release, including without limitation statements regarding GuiZhou ZunYi CATV's intent to use the Riverstone 15008 to expand its customer base, to capture additional revenues and to provide its enterprise customers with reliable, cost-effective services, 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 a lack of customer acceptance of GuiZhou ZunYi CATV's service offering, as well as presently unknown technical, compatibility and/or implementation problems, along with 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. NOTE: Riverstone Networks is a registered trademark of Riverstone Networks, Inc. All other trademarks, service marks and trade names belong to their respective owners. Contact: Amy Huitt of Riverstone Networks, +1-408-878-6918, or ; or Phillip Niu of Ruder Finn Asia, +86-10-646-7321, ext. 608, or , for Riverstone Networks. DATASOURCE: Riverstone Networks, Inc CONTACT: Amy Huitt of Riverstone Networks, +1-408-878-6918, or ; or Phillip Niu of Ruder Finn Asia, +86-10-646-7321, ext. 608, or , for Riverstone Networks Web site: http://www.riverstonenet.com/

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