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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

Riverstone and PacketFront Deliver End-to-End Active Ethernet Solution

25/10/2005 3:02pm

PR Newswire (US)


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SANTA CLARA, Calif., Oct. 25 /PRNewswire-FirstCall/ -- Riverstone Networks (RSTN.PK), a pioneer in carrier Ethernet routing, and PacketFront, the world leader in open access Fiber-To-The Home (FTTH) technology, have entered into a cooperative agreement to provide carriers with an integrated, end-to-end Active Ethernet solution. The solution, available immediately, will be primarily targeted at European service providers. The collaboration between the companies leverages the Riverstone 15008 Ethernet Edge Router in the metro edge and core and PacketFront's fully automated broadband solution including its ASR aggregation and access routers and BECS(TM) system software used for control and provisioning of network elements and triple play services. The combined solution is intended to allow carriers to more rapidly deploy open access FTTH networks based on best-of-breed products by eliminating the need for them to conduct interoperability trials between vendor platforms. "A comprehensive solution offering is what carriers want as it makes their job much easier," said Yvonne Burnett, Global Alliances Manager at PacketFront. "Proven interoperability and a higher degree of automation makes introduction of services faster and gives credibility in the triple play arena." The co-operative relationship between Riverstone and PacketFront provides both vendors with the supplementary solutions and technology needed to effectively compete in carrier bids and allows each to leverage the technology of the other to create additional sales opportunities. "It's all about time-to-market," said Bob Beauchamp, Channel Marketing Manager, Riverstone Networks. "The carriers who successfully roll out triple play services first gain a decided competitive advantage, as do the equipment vendors whose products are embedded in those deployments." PacketFront joins a distinguished list of vendors to become a part of the Riverstone Ethernet Edge Alliance, a collaborate effort designed to accelerate the rollout of Ethernet services in the metro. The program pairs Riverstone's MPLS-based Ethernet solutions with complementary, best-in-class products and solutions from around the world to help service providers and municipalities cost-effectively deliver a multitude of residential and commercial voice, video and data services. About PacketFront PacketFront is the world leader in open access FTTH technology and next generation broadband aggregation. PacketFront's fully automated solutions enable new and flexible business models through supporting triple-play services from multiple competing service providers. Headquartered in Stockholm, Sweden, and with offices in Boston, Oslo, Tokyo and Seoul, PacketFront's solutions are in operation is numerous networks across the world. Please go to http://www.packetfront.com/ for more details. About Riverstone 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 Riverstone and PacketFront's actual ability to team and deliver the specified coordinated products and services in the future, the ability of service providers to find and deploy such solutions, the manner and extent to which Riverstone's and PacketFront's equipment will be deployed, the service providers' ability to speed up their deployment of triple play services using a combination of Riverstone and PacketFront solutions, and the objectives of Riverstone's Ethernet Edge Alliance Program 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, the inability of Riverstone and PacketFront to collaboratively market Ethernet solutions that service providers want to purchase, the inability or lack of interest of service provides to build networks that include both companies' products, as well as the risks detailed from time to time in Riverstone Networks' SEC reports, including its quarterly report on Form 10-Q for the period ended November 30, 2002 and subsequent reports on Forms 8-K and 8-K/A. The company assumes no obligation to update or revise these forward-looking statements. Riverstone Contact: PacketFront Contact: Amy Huitt Ingrid Aksnes Riverstone Networks PacketFront 1-408-878-6918 +46-739-14-91-53 DATASOURCE: Riverstone Networks, Inc. CONTACT: Amy Huitt of Riverstone Networks, +1-408-878-6918, or ; or Ingrid Aksnes of PacketFront, +46-739-14-91-53, or Web site: http://www.packetfront.com/ Web site: http://www.riverstonenet.com/

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