Enablence Technologies Inc.

Enablence Technologies Inc.

February 16, 2010 11:49 ET

Enablence Chosen by Argentina's Largest Cable Television Provider

OTTAWA, CANADA--(Marketwire - Feb. 16, 2010) - Enablence Technologies Inc. ("Enablence" or the "Company") (TSX VENTURE:ENA), a leading supplier of fiber-to-the-home (FTTH) equipment for triple-play residential and business services and optical components and subsystems for access, metro and long-haul markets, has achieved certified supplier status with Cablevision Argentina, its largest client to date in the Central American/Latin American market, to roll-out fibre-to-the-business (FTTB) services.

Cablevision Argentina is the nation's largest cable television provider, with more than 3.2 million subscribers in 96 urban markets across the country. Through Fibertel brand, it provides high-speed Internet to businesses in Buenos Aires and other regions of Argentina.

Eager to respond to the growing bandwidth and Quality of Service demands of its commercial Fibertel customers, Cablevision Argentina embarked on a program to qualify and select a new platform for highspeed voice and data services that would allow it to deliver more bandwidth to larger commercial customers. After engaging in extensive trials with offerings from a number of competing vendors, Cablevision Argentina selected Enablence.

Enablence has already provided equipment, services and support as part of the deployment trials and expects to continue building on this base in coming years. Cablevision Argentina has selected Enablence's flagship TRIDENT7 Universal Access Platform, Optical Line Terminals, Optical Networking Terminals and the Element Management Suite. Initial expectations are for 500 to 1,000 FTTB subscribers to come online. This rate of adoption is expected to increase, once the TRIDENT7 has further proven itself in the field and Cablevision deems it the ideal platform upon which to roll-out FTTH services, including data, voice and IP video, to residential subscribers in new Greenfield developments.

"Enablence was able to customize for us the comprehensive platform necessary to meet the evolving needs of our commercial subscribers," said Ing. Nicolas Vidal, Analista Senior Telecomunicaciones Gerencia Ingenieria (Senior Analyst) "Not only does the TRIDENT7 provide the flexibility and scalability we require in a compact footprint, but Enablence provides a level of service and a proactive approach to understanding and serving our business that other vendors simply cannot match."

"This is a major step forward for Enablence to expand its market presence in Central and Latin America," said Tim Thorsteinson, president and COO of Enablence. "We are confident that our engagement with Cablevision Argentina will continue to grow as its residential and business subscribers realize the advantages of the ultra-fast voice, data and HDTV services that only a fiber-based network can provide."

About Cablevision Argentina

Since commencing operations in 1981, Cablevision has grown into Argentina's cable television leader. Cablevision has more than 3.2 million subscribers and provides TV services in 96 large, medium and small cities throughout the country, in eight provinces (Buenos Aires, Salta, Cordoba, Santa Fe, Misiones, Entre Rios, Corrientes and Chaco) and in Capital Federal. Cablevision offers a broad range of products and services including CATV and High-Speed Internet via Fibertel. It controls more than 45 per cent of the pay-per-view television market in Argentina and also provides services in Uruguay and Paraguay.

About Enablence Technologies Inc.

Enablence Technologies Inc., (TSX VENTURE:ENA) a publicly traded company headquartered in Ottawa, Canada, designs, manufactures and sells optical components, subsystems and systems to a global customer base.

Enablence's Systems Division has an expanding fiber-to-the-premise (FTTP) product portfolio featuring a variety of architectural options. It enables service providers to evolve their access networks from traditional copper-based networks to advanced optical communications access networks that are based on state of the art IP and Ethernet standards, for triple-play voice, video and data services including HDTV, IP Telephony and ultrafast internet access. The Division's network equipment has been deployed with 420 service providers world-wide that serve over 4 million subscribers.

Enablence's Optical Components and Subsystems Division is a global leader in applying Planar Lightwave Circuit (PLC) technology to integrate multiple components into a single optical chip to reduce footprint and costs. Network and equipment designers around the world turn to Enablence for a variety of components and subsystems for access, metro and long-haul, including transceivers, splitters, waveguides, optical channel monitors, multiplexers, ROADMs, switches, tunable dispersion compensators, and photodiodes. The Division serves over 120 system and subsystem developers and its products have been integrated in all major communications networks world-wide, serving tens of millions of subscribers.

Forward Looking Statements

This press release may contain forward looking statements, in particular with respect to the Corporation's use of proceeds of the Offering, growth of revenue and customer base, that are made as of the date hereof and are based on current expectations, forecasts and assumptions which involve risks and uncertainties associated with our business and the economic environment in which the business operates. All such statements are made pursuant to the 'safe harbour' provisions of, and are intended to be forward looking statements under, applicable Canadian securities legislation. Any statements contained herein that are statements of historical facts may be deemed to be forward looking statements. By their nature, forward looking statements require us to make assumptions and are subject to inherent risks and uncertainties. We caution our readers of this press release not to place undue reliance on our forward looking statements as a number of factors could cause actual results or conditions to differ materially from current expectations. Please refer to the risks set forth in the Corporation's most recent short form prospectus and the Corporation's continuous disclosure documents that can be found on SEDAR www.sedar.com. Enablence does not intend, and disclaims any obligation, expect as required by law, to update or revise any forward looking statements whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Enablence Technologies Inc.
    Tim Thorsteinson
    President and COO