Avici Systems Captures 7.5 Percent of High-End Router Market
Continues to Increase Market Share in Fastest Growing Router Market Segment
N. Billerica, Mass., August 20, 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 7.5 percent of the OC-192c-capable Internet core router market, which is the fastest growing segment in the WAN market. In Q2 2001, Avici's market share in this segment grew by 36 percent; more than double the segment's 16 percent growth. In addition, Avici nearly doubled its share of the overall WAN router market to four percent from 2.1 percent in Q1 2001.
"Avici continues to make great strides in the core router market, despite challenging market conditions," said Steve Kaufman, president and CEO of Avici Systems. "Our market share gains are evidence that carriers are responding to Avici's economics of scalability value proposition."
Avici's TSR ® scalable core router has solved one of a carrier's most fundamental problems --finding a way to cost-effectively scale the network "in-service" to respond to new traffic requirements or new service roll-outs without annual forklift upgrades. Avici Systems' carrier-class technology provides service providers with the reliability, scalability and robustness to introduce intelligent new services quickly and economically to the marketplace.
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 switches-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 |