SOURCE: Pannaway Technologies

September 17, 2007 08:38 ET

Pannaway Technologies Named to Broadband Properties Magazine's 2007 Top 100 Vendors List for the Second Straight Year

Award Underscored by the Introduction of New MAGNM-20 Chassis, Acquisition of TelStrat Access Division and Strong Telco Customer Growth

PORTSMOUTH, NH--(Marketwire - September 17, 2007) - Pannaway Technologies, designers and developers of converged IP broadband access platforms for telecommunications companies, today announced that it has been named to Broadband Properties Magazine's Top 100 Vendors list for 2007, making this the company's second year in a row. Recipients of this prestigious award are recognized as the best-of-the-best in the fiber market and for delivering the most innovative IT products and services to telecom service providers and municipalities. Broadband Properties' Top 100 Vendors awards program recognizes the winning companies' contributions to advancement and excellence in the world of communications. Over 500 entries were reviewed and judged by a panel of Broadband Properties Magazine editors and staff, while extensive research was conducted on each of the companies.

"Our editor-in-chief Steven Ross and his team bestowed these awards after extensive deliberation upon companies whose IT products and services demonstrate quality and distinction, making them best in their class," said Scott DeGarmo, CEO of Broadband Properties Magazine.

Pannaway's award-winning entry was its next-generation, IP MSAP (Multi-service Access Platform) chassis, the MAGNM-20 (Multi Media Aggregation Node). The MAGNM-20 delivers industry leading copper and fiber port densities as well as an aggregate capacity of 922 gigabits per second allowing for virtually limitless scalability, effectively preparing broadband service providers for future growth. Recognizing that telcos often need to transition from existing infrastructure into new IP-based solutions for ROI purposes, the MAGNM-20 system is engineered with the flexibility to support multiple access technologies including digitized POTS, T1, ADSL2+, high density ADSL2+ bonding, VDSL2, 2.4 G-PON and Active Ethernet. Additionally, the MAGNM-20 properly isolates access interfaces from high-speed transport, as carrier-grade networks require, while seamlessly delivering 1Gb/s to multiple 10Gb/s Ethernet transport interfaces with industry standards based, sub-50 millisecond failover.

"We are extremely honored to be recognized by such a respected source as Broadband Properties Magazine as a Top 100 Vendors recipient," said Kevin Brown, vice president of marketing for Pannaway. "We've taken great strides -- as evidenced by the introduction of MAGNM-20, followed by our acquisition of TelStrat's Access Division (also a Broadband Properties 2007 Top 100 Vendors award winner) -- to provide our telco customers with the most comprehensive and future capable broadband solutions available. This distinguished accolade is yet another proof point that our continued efforts are making an impact on the telecom service provider industry."

About Broadband Properties

BROADBAND PROPERTIES is the leading source of information on digital and broadband technologies for buildings and communities. Our editorial aims to accelerate the deployment of Fiber-To-The-Home and Fiber-To-The-Premises while keeping readers up to date on the available solutions capable of serving their practical needs. BP offers in-depth news, expert insights, and practical know-how on the technical, business, financial, and legal aspects of outfitting properties and communities with broadband solutions. With a focus on residential buildings, developments, and municipalities, BP helps the large-scale and wholesale buyers and users of broadband technologies, equipment, and services competitively distinguish their properties and communities in a rapidly changing marketplace.

For more information, please visit www.broadbandproperties.com or contact Scott DeGarmo, CEO of Broadband Properties Magazine, at 718-884-3797 or scott@broadbandproperties.com.

About Pannaway Technologies

Pannaway delivers the industry's most comprehensive suite of customer-proven broadband access and transport solutions that enable wireless and wireline telecommunications service providers to offer new advanced services to their subscribers. Based on industry-standard IP (Internet Protocol) technologies, Pannaway's multi award-winning Service Convergence Network (SCN™) architecture enables providers to reduce expenses, increase revenue and compete more effectively through the delivery of converged services.

For more information, please visit www.pannaway.com

Contact Information