CeCors Inc. Announces World's First 10 Terabit Carrier Class Ethernet Multi-Layer Switch
September 05 2008 - 4:31AM
Business Wire
CeCors Inc. (OTCBB: CEOS) today announced its entry into the
Carrier Ethernet Switch marketplace, with the world�s first 10
terabit backplane. Jim Fiedler, Chairman and CEO of CeCors stated,
�The backplane capacity is the foundation of our system, providing
for true non-blocking performance at line speed and total fail safe
operation. The switch, called Athena, is scheduled for initial
delivery in the second quarter of 2009 and will be demonstrable
during the first quarter of 2009. It will have a capacity of 288 10
Gigabit Ethernet ports and will be expandable to larger sizes in
the field. We anticipate being able to generate $12 million and $30
million of revenue from the sales of our products during 2009 and
2010, respectively.� About CeCors, Inc. CeCors (pronounced
�Sea-Cores�) is a provider of high performance, high density,
public Metro Ethernet switching, including Layer 2/3 switching
platforms. CeCors� customers will be Metro service providers,
telecom, cable and wireless companies. For more information about
the Company and its products, visit http://www.CeCors.com. This
press release includes a number of forward-looking statements that
reflect our management's current views with respect to future
events and financial performance. Forward-looking statements
include, but are not limited to, statements that are not historical
facts, and statements including forms of the words "intend,"
"believe," "will," "may," "could," "expect," "anticipate," "plan,"
"possible" and similar terms. Actual results could differ
materially from the results implied by the forward-looking
statements due to a variety of factors, many of which are discussed
throughout this press release and in our SEC filings. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date hereof. We undertake no
obligation to publicly release any revisions to these
forward-looking statements that may reflect events or circumstances
after the date hereof or to reflect the occurrence of unanticipated
events, unless required by law. Factors that could cause actual
results to differ materially from those expressed in any
forward-looking statement made by us include, but are not limited
to: the ability to finance our activities and maintain financial
liquidity; unexpected resistance to the adoption of our product
offering; competitive offerings by extremely large, successful
industry participants; the possibility that our products may
infringe upon patents or technologies owned by others; and the
ability to develop a brand identity in the Ethernet switching
market.
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