AVICI SYSTEMS CAPTURES 6.5% OF OC-192c-CAPABLE ROUTER MARKET
Increases Market Share in the Fastest Growing Router Market Segment
N. Billerica, Mass., May 17, 2001 -- Avici Systems Inc. (Nasdaq: AVCI), a leading provider of scalable core routing solutions for intelligent IP-over-optical networks, today announced that, according to industry analyst firm Dell'Oro Group, it has captured 6.5 percent of the OC-192c-capable Internet core router market and nearly doubled its share of the overall WAN router market to 2.1 percent. In Q1 2001, the OC-192c-capable router segment, one of the fastest growing in all of data networking grew by 62 percent over the fourth quarter of 2000.
"By increasing our share, Avici continues to demonstrate its growing momentum at the core of the Internet and the value of its scalable architecture," said Steve Kaufman, president and COO of Avici Systems. " We are pleased with the market acceptance of our OC-192c and 2-port OC-48c products shipped earlier this year and continue to be focused on expanding our presence in one of the fastest growing segments in the data networking market. By increasing the segmentation in this space, Dell'Oro Group has provided better insight on the broad product transition to higher-speed backbones."
Avici's TSR® scalable core router has solved one of a carrier's most fundamental problems - finding a way to cost-effectively scale its network to respond to new traffic requirements or new service roll-outs without costly annual forklift upgrades. Scalability enables carriers to lower operational costs through network simplification in a non-disruptive fashion, protecting network investments while minimizing dependence on often-scarce IP talent and resources to reconfigure the network to support emerging new traffic or services. This enables carriers to focus valuable talent and capital on generating revenue with compelling and differentiated new service offerings.
The Dell'Oro Group is a market research firm that specializes in providing
accurate and
timely data on the networking industry. Dell'Oro Group's WAN Report tracks
Multiservice WAN Switch - Core & Edge, WAN Routers - Core & Edge,
WAN Routers-Broadband Aggregation, DWDM - Long Haul, DWDM - Metro, and
SONET/SDH. The WAN Report focuses on detailed quarterly analysis of market
size, market share, port/unit shipments and average selling prices as
it pertains to markets and vendors.
About Avici Systems
Avici Systems Inc., headquartered in North Billerica, Mass., is a developer
of next-generation Internet backbone platforms that optimize and drive
creation of all-optical "speed-of-light" networks. Designed
to bring packet intelligence to the core of optical networks, Avici's
technologies offer superior scalability, resiliency and port density
enabling just-in-time bandwidth provisioning, high reliability and
the quality of service needed for carriers and ISPs to support mission-critical
applications of the future.
Visit Avici's World Wide Website at http://www.avici.com.
Avici and TSR are registered trademarks of Avici Systems Inc. Composite Links is a trademark of Avici Systems Inc.
This release contains information about Avici's future expectations, plans, and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated. When used in this press release, the words "will be" and other similar expressions are intended to identify such forward looking statements.
Such risks and uncertainties include, but are not limited to, market acceptance of Avici products, services and enhancements, customer purchasing patterns and commitments, development of the market place, product development and enhancement, intensity of competition of other vendors, technological changes and other risks set forth in Avici's filings with the Securities and Exchange Commission.
| For more information contact: |
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| Esmeralda Swartz Director of Strategic Marketing Avici Systems 978-964-2000 eswartz@avici.com |
Cathy Caldeira/Dylan Locsin LNS Communications 617-577-9777 ccaldeira@LNScom.com dlocsin@LNScom.com |