CANTV Honors AFC With 'Best in Class' Award
August 09 2004 - 7:30AM
PR Newswire (US)
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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