Avici Systems and Huawei Technologies Sign Agreement to Deliver Next-Generation IP Solutions
Partnership Established to Help Carriers in China Build More Reliable and Profitable IP Networks
N. Billerica, MA., June 04, 2003 -- Avici Systems Inc. (Nasdaq: AVCI), today announced a partnership with Huawei Technologies to use Avici Systems’ carrier class routing products in Huawei’s data communications portfolio in China. The Avici products are complimentary to the Huawei family of routing products and are available today to offer complete end-to-end carrier solutions.
China is one of the fastest growing markets in the world for telecom and is the second largest country for Internet penetration with over 45 million Internet users at year-end 2002. Huawei is the largest private telecom company in China, and a powerful local partner for Avici. The Avici family of products is a perfect addition to the spectrum of telecommunications products already offered by Huawei. Avici is looking forward to leveraging the 18,000 Huawei employees focused on expanding China’s telecommunications infrastructure.
Huawei Vice President Edward Shu said, "We recognize Avici’s technology leadership in scalable, high performance, high-availability products. By combining Avici’s products with our own portfolio, Huawei is positioned as the leading provider of telecommunications solutions for the Chinese market. We will combine our technical knowledge and efforts to leverage Avici’s superior carrier-class products to offer best of breed routing solutions that will support the rapid growth of services being deployed across China.”
”We are pleased that China’s leading networking solution provider has chosen our routing platform as a key element in its plans for building a next-generation Internet in China," said Steve Kaufman, president and CEO of Avici Systems. "Huawei’s existing customer relationships and support capabilities offer a great opportunity for our joint family of products to deliver a new generation of high-availability, cost-effective routing solutions to the Chinese marketplace.”
About Avici Systems
Avici Systems Inc., headquartered in North Billerica, Mass., is a leading
provider of purpose-built carrier-class routing solutions for the Internet.
Avici's family of routers is designed to meet carrier requirements
for the highest scalability, reliability and network availability,
while lowering the total cost of building and operating their networks.
The company's routing systems provide new IP solutions to some of the
world's leading service providers. For more information, please visit
us at www.avici.com.
Avici, TSR, SSR, QSR, IPriori, Velociti, NSR®, MSC, and ASAP are trademarks 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 word "will", "expected" 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: |
| Esmeralda Swartz Director, Marketing Avici Systems 978-964-2000 eswartz@avici.com |