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Hubei CATV Deploys Riverstone Routers to Deliver Competitive
Business Services
Cable Provider Expands Service Portfolio, Customer Base
BEIJING, July 7 /PRNewswire-FirstCall/ -- Carrier Ethernet pioneer Riverstone
Networks, (OTC:RSTN.PK) today announced that Hubei CATV, the incumbent cable
operator of the province, has selected Riverstone's MPLS-based Ethernet routers
to provide the infrastructure for its new VPN service offerings. Hubei CATV
will begin offering E-LINE and E-LAN services to enterprises in eight cities as
part of its strategy to grow its revenues and customer base by expanding from
residential cable and Internet access services into the business services
market.
The choice of an MPLS-based Ethernet infrastructure will provide Hubei CATV
with the opportunity to price the new data services without compromising their
margins. In addition, using a combination of Riverstone's RS and ES access
routers, Hubei CATV will be able to match the appropriate level of network
functionality to the requirements of each locale, thereby maximizing its
investment dollars.
"To successfully penetrate the business services market, we need to be able to
attract customers with competitive pricing while still providing them with the
high bandwidth and reliability they need for their mission critical traffic,"
said Wending Xiong, Chief Engineer, Hubei CATV, Huang Shi Branch. "The
Riverstone solution combines the reliability, scalability and QoS of MPLS with
the inherent cost advantages of Ethernet."
As competition heats up between China's regional service providers, cable
operators are increasingly entering the business services market -- previously
the stronghold of the incumbent telephone and data providers -- to gain market
share and grow their businesses. By using MPLS-based Ethernet, these providers
can also strengthen their network infrastructures to better handle the growing
requirement for more dynamic bandwidth to support tomorrow's business and
residential services.
"Across the country, cable operators are seeing their traditional business
become commoditized as the incumbent telephone providers begin asserting their
strength by moving further into the residential Internet access and video
services market," said Yong Shu, General Manager, Asia Pacific Region,
Riverstone Networks. "Riverstone's carrier Ethernet routers allow cable
operators to successfully compete in the business services arena, moving into a
world of integrated voice, video and data services to both business and
residential users."
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 Hubei
CATV's ability to deploy an Ethernet-based network, charge competitively priced
services, and sustain margins 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 proper performance of
Riverstone equipment in Hubei CATV's network and changes in the competitive
landscape in which Hubei CATV operates 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.
Riverstone Contact: Agency Contact:
Amy Huitt Huang Hui
Riverstone Networks Ruder Finn Asia
408-878-6918 86-10-646-27321, ext 611
DATASOURCE: Riverstone Networks, Inc.
CONTACT: Amy Huitt of Riverstone Networks, +1-408-878-6918, or
; or Huang Hui of Ruder Finn Asia, +86-10-646-27321,
ext 611, or , for Riverstone Networks
Web site: http://www.riverstonenet.com/