Enablence Technologies Inc.

Enablence Technologies Inc.

September 30, 2010 06:30 ET

Enablence Wins $12.4 Million Next Generation Broadband Access Order in Central Asia

OTTAWA, ONTARIO--(Marketwire - Sept. 30, 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, received a US$12.4 million order for its advanced next-generation network solution from a Tier 1 Central Asian telecom services provider.

This order is from an existing Enablence customer that is rapidly expanding its network deployment for next generation services to provide triple-play broadband services that requires the replacement of existing aging systems with advanced systems from Enablence in new serving areas. 

Enablence is providing its advanced Multi Services Access Gateway (MSAG) platform, the BroadAccess-1000E. The platform offers an ideal solution for this emerging market's growing demand for enhanced services, through the implementation of high-speed Ethernet design, advanced VoIP, ADSL2+ and IP capabilities, and the support of a wide range of voice and broadband services. By incorporating the multi-functionalities of an MSAG and IP-DSLAM, BroadAccess-1000E enables the efficient delivery of a complete set of triple-play applications for residential and business customers.

Enablence will deliver US$5 million worth of BroadAccess equipment in the next 2-3 weeks with another $7.4 million to follow within Q2 ending December 31, 2010, totaling $12.4 million. 

"As with all large telco orders Enablence successfully completed a competitive selection process to emerge as the supplier of choice. We have the ability to win and the ability to deliver on large Tier 1 projects in a very short period of time to meet the most demanding client requirements," said Tim Thorsteinson, CEO of Enablence. "This project demonstrates that Enablence is well positioned to serve the key international growth markets and Tier 1 opportunities. With the addition of Teledata's cutting edge solutions to our portfolio of advanced next-generation copper and all-optical broadband access products, we will continue to pursue opportunities in these markets."

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.

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 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 continuous disclosure documents that can be found on SEDAR www.sedar.com. Enablence does not intend, and disclaims any obligation, except 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
    Chief Executive Officer