Enablence Technologies Inc.

Enablence Technologies Inc.

March 11, 2008 23:59 ET

Pannaway Networks Wins Prestigious VON Magazine Innovator Award for its MAGNM-20 MSAP Platform

VON Magazine Recognizes the Demand for Flexible and Scalable Ethernet/IP Evolution Technology by Naming Pannaway to its Innovator Awards Listing

Portsmouth, NH - March 11, 2008 - Pannaway Networks, designers and developers of next generation Ethernet/IP Multi-Service Access Platforms for telecommunications service providers, today announced that it has received a 2008 VON Magazine Innovator Award, which is the foremost listing of innovative companies that represent the future of the Internet and Communications industry. Pannaway has been named to the list for its unique ability to deliver service providers more options than any other vendor for high-density copper, Active Ethernet and 2.5 GPON technologies via its fully manageable, high-density Multi-Service Access Platform (MSAP)-the MAGNM-20.

The MAGNM-20 is an integral component of Pannaway's Service Convergence Network (SCN™) architecture and is the industry's most flexible and scalable broadband access platform, enabling service providers to enhance revenues by evolving their legacy networks to Ethernet/IP-at-will-using the most appropriate and affordable access technology available. The MAGNM-20 is fully manageable using Pannaway's Broadband Access Manager (BAM) and can be field upgraded with a 200 Gbps switching fabric. The MAGNM-20's unique design separates access and transport functions, enabling telcos to upgrade to any new fabric or access technology without causing disruption of service.

"The VON Magazine Innovator Awards recognize the Internet Communications industry's best and brightest companies, and we're pleased to include Pannaway Networks as an inaugural winner," said Bill Sell, Publisher, VON Media Group. "Companies like Pannaway should take pride in their accomplishments, because the selection committee unanimously felt as though Pannaway and its MAGNM-20 platform stood apart from the large field of companies that participated in the nomination process."

"We are pleased that our MAGNM-20 has been named to the prestigious VON Magazine Innovator Award list," said Mark Carpenter, president of Pannaway. "The MAGNM-20 is the flagship of our SCN architecture, which has been designed to help telcos evolve their legacy networks to end-to-end Ethernet-at their own pace. This product was designed and will continue to develop based on direct input from our valued telco customer base."

Pannaway will proudly participate in the Innovator Awards ceremony, held at 2008 Spring VON.x in San Jose, CA on March 18th at 6:00 PM Pacific Time in the VON Theatre on the McEnery Convention Center's Expo floor.

About the VON Magazine Innovator Awards

Building on the legacy of the Pulver 100, the VON Innovator Awards have evolved to recognize all companies-start-ups to publicly-traded companies-which represent the future of Internet Communications. Each participating company completed a lengthy and comprehensive nomination process, and the recipients have been selected from a committee made up of VON Magazine editors, columnists, and contributors, as well as the leading content producer for the VON.x conferences. The Inaugural VON Magazine Innovator Award winners will be honored at Spring VON.x at 6:00 PM Pacific time on March 18th in the VON Theatre in San Jose. For additional information, please visit: http://vonmag.com/innovators/.