Enablence Technologies Inc.
TSX VENTURE : ENA

Enablence Technologies Inc.

December 12, 2007 23:59 ET

Pannaway Technologies Gains RUS Acceptance for 2.5 GPON, Active Point-to-Point Fiber and High Density Copper Systems

Delivers Broadest, RUS-Approved, IP-Based Fiber Offering In Telecom Marketplace

Portsmouth, NH - December 12, 2007 - Pannaway Technologies, Inc., designers and developers of converged IP broadband access platforms for telecommunications companies, announced today that it has received technical acceptance for embedded components, fabric materials and line access modules by the Rural Utilities Service (RUS) division of the United States Department of Agriculture (USDA). Acceptance on the RUS List of Materials allows qualified borrowers to use RUS loan funds to purchase and deploy their choice of the industry's highest performance copper and fiber-based solutions, including 2.5 GPON and 100/1000MBPS Active Ethernet technologies. This latest round of RUS acceptance enhances Pannaway's existing Service Convergence Network (SCN™) system for both copper and fiber broadband deployments, which initially gained RUS acceptance in 2005.

The RUS provides technical guidance and financial support in the form of loans and grants to qualified utilities with the goal of establishing advanced broadband services in rural communities. Eligible service providers, such as Independent Operating Carriers, receive these loans at interest rates and terms that are more favorable than those generally available from the private sector, provided that these IOCs invest in RUS-approved products.

"Fiber is the future of broadband telecommunications, but many ILECs are faced with the challenge of having limited means and flexibility as they seek to upgrade," explained Tom Eveslage, CO Supervisor of Albany Mutual Telephone, a Pannaway customer based in Minnesota. "Pannaway's 2.5 GPON and Active Point-to-Point Ethernet fiber system listings with the RUS enable telcos to choose the technology that best fits their business plan and long-term needs as they prepare to deliver high-quality broadband services moving forward."

The recent addition of Pannaway's copper and fiber-based solutions to the RUS List of Materials means that service providers will now have the choice to roll out the technology that best fits their current infrastructure, future goals and subscriber demands. Pannaway's RUS-approved components, which are used in both the MAGNM-20 multi-service access platform and the Inteleflex broadband loop carrier, cost-effectively scale to support a wide range of access technologies, from legacy T1 and POTS to ultra-broadband, ADSL2+, bonded ADSL2+, GPON, and Active Point-to-Point Ethernet subscriber connections, all in one integrated and fully manageable, all-IP system.

"Pannaway takes a comprehensive business approach to providing IP solutions to independent telcos small and large," said Mark Carpenter, president of Pannaway Technologies. "RUS acceptance of our entire product line is very important to our telco customers, and we are pleased to be one of the first to achieve listing for 2.5 GPON along with our new MAGNM-20 platform."