Riverstone Names Romulus Pereira Chairman, Searches for CEO

Riverstone Networks named Romulus Pereira as chairman of the board and acting CEO. Pereira, the CEO of Riverstone since its inception, succeeds Piyush Patel as chairman, who will remain on the board as a director. Riverstone is searching for a new CEO. http://www.riverstonenet....

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Mississippi CLEC Deploys Taqua's Class 5 Switch

Select Connect, a Mississippi-based Integrated Communications Provider (ICP) has deployed Taqua's OCX Class 5 switch. Select Connect's customer base is comprised of small- to medium-sized businesses throughout northern Mississippi. The company's mission is to deliver bundled IP-based communications services. Financial terms were not disclosed. Taqua's flagship OCX incorporates softswitch, signaling and media gateway functionality on a single-card design. http://www.taqua.com http://www.selectconnect....

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Aeluros Introduces 10 Gbps-to-XAUI serial transceiver

Aeluros, a start-up based in Mountain View, California, introduced a 10 Gbps-to-XAUI serial transceiver IC. The device provides a physical layer bridge between a 10.3125 Gbps or 10.51875 Gbps serial signal and a 4-lane, 3.125 Gbps or 3.1875 Gbps XAUI interface, including full implementation of 10 Gigabit Ethernet PCS/PMA functionality and support for both the IEEE 802.3ae 10 Gigabit Ethernet and 10 Gigabit Fibre Channel specifications. Aeluros said its device provides a typical power consumption of 800 mW, up to 60% less than currently available...

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NeoScale Raises $12 Million, Names CEO

NeoScale Systems, a start-up based in Milpitas, California, secured $12 million in second round equity funding for its enterprise storage security solutions. NeoScale offers a CryptoStor wire-speed, policy-based storage security appliance that delivers network storage and media privacy. The new funding was led by Sevin Rosen Funds and included Bay Partners and Lightspeed Venture Partners. The company has raised $25.5 million to date. http://www.neoscale.com Separately, NeoScale announced the appointment of John McGraw as president, CEO and chairman...

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Shandong Unicom Selects Lucent for Optical Backbone

Shandong Unicom, a subsidiary of China Unicom, selected Lucent Technologies to build an optical network linking the major cities in Shandong province. The deployment will include the LambdaUnite MultiService Switch (MSS), the Metropolis ADM MultiService Mux (compact shelf) and network management systems. Financial terms were not disclosed. http://www.lucent.com http://www.chinaunicom.com...

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Toshiba Introduces ARM-Based Controller for CPE

Toshiba America Electronic Components announced a new ARM-based reduced instruction set computer (RISC) networking controller designed for low-cost networking and consumer convergence applications, including access points, home gateways, small office/home office routers, thin client internet-capable devices, networked peripherals, multimedia application servers and multi- channel voice-over-IP phone sets. The new device provides two Ethernet Media Access Controller (MAC) ports and a Peripheral Component Interconnect (PCI) controller that can act...

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Enterasys Debuts New Enterprise Switches

Enterasys Networks introduced two new enterprise-class Ethernet switches with advanced management and high-availability features. The Enterasys Matrix switches leverage ASIC-driven Distributed Forwarding Engine (DFE) modules that provide combined multilayer packet classification, switching/VLAN services, IP routing, security and management. The switches' distributed ASIC architecture compounds processing power as port densities increase with multiple processors per chassis. http://www.enterasys.com/products/switch...

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Equant Selects CoSine for Network-Based Internet Gateway.

Equant has expanded its use of CoSine's IPSX 3500 platform to support the company's latest Internet access option -- Equant's Network-Based Internet Gateway. The service, which is currently available in 110 countries, eliminates the need for customers to install firewalls and other security infrastructure on customer premise equipment (CPE). Equant's security team provides continuous monitoring and management of the CoSine's network-based firewall. http://www.cosinecom.com http://www.equant....

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Cable & Wireless Teams with Keynote on Web Performance Service

Cable & Wireless will resell Keynote Systems' Web performance measurement, management, diagnostic and testing services to its customers. Keynote's performance monitoring and testing services include Web Site Perspective, which measures Web site performance from multiple points on the Internet, Transaction Perspective, which delivers full network-level and user-level statistics and error messages for every element of every page in an ecommerce transaction, and Test Perspective, a self-service testing service which allows IT personnel to run...

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WSJ: Telecom-Sector Debt May Claim More Victims

About $306 billion in telecom and cable-industry related debt was outstanding at the end of 2002, according to Standard & Poor's figures quoted by The Wall Street Journal. What is worrisome about the number is that about $63 billion (21%) of the debt comes due by the end of 2005 and prospects for refinancing by some of the most heavily indebtbed players looks dubious. Already, 74 telecom concerns have defaulted on $112.6 billion in debt since 1999. S&P expects more defaults. The Wall Street Journal warns that the next big crunch could...

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Sprint Reports Improved Finances on Lower Revenues

Sprint reported Q1 operating income of $604 million, up 17% from last year. Overall net operating revenue for Q1 was $6.339 billion, compared to $6.637 billion for Q1 2002. Cash flow improved significantly in the first quarter of 2003 compared to last year, allowing Sprint to reduce debt by $1.56 billion during the quarter and to increase cash by more than $1 billion. Sprint ended the quarter with a cash balance of $2.10 billion. This cash performance was aided by $2.22 billion in proceeds from the sale of Sprint's directory publishing business....

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Cisco Highlights Technology for Small and Medium-Sized Businesses

Cisco Systems highlighted four technologies aimed at small and medium-sized businesses that are available for purchase from Cisco partners as part of a "Cisco Growing with Technology Solutions" program. Network Foundation (Switching and Routing) -- intelligent services, such as security, availability, and (QoS that optimize networked application performance, ease management, and streamline operations and administration. Security -- including security-enhanced routing and switching platforms as well as the latest in VPN, firewall, intrusion detection...

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Chantry Networks Launches BeaconWorks WLAN Switch

Chantry Networks, a start-up based in Boston and Toronto, unveiled its BeaconWorks family of wireless LAN products built on a routed IP architecture. Chantry said its routed IP architectures enables networks to scale from tens to literally thousands of access points and hundreds of thousands of simultaneous users. The initial products in the BeaconWorks family are the BeaconMaster controller and the BeaconPoint access point. In Chantry's unique architecture, BeaconMaster controllers aggregate all access points - BeaconPoints, as well as third-party...

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Aruba Unveils its Wireless LAN Switching System

Aruba Wireless Networks, a start-up based in San Jose, California, unveiled its wireless LAN switching product line. Aruba's new products include: the Aruba 5000, a modular WLAN switch designed for structured wireless deployment in the enterprise, the Aruba 800, a fixed configuration stackable WLAN switch for branch offices AirOS, a first suite of embedded WLAN switching applications that "lock" the enterprise airspace, self-calibrate 802.11 networks and track mobile users, and the Aruba 50 access points (APs), dual-purpose APs that provide...

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Bandspeed Unveils Indoor/Outdoor WLAN-SDMA Technology

Bandspeed, a start-up based in Austin, Texas, unveiled its Gypsy wireless LAN spatial division multiple access (SDMA) switch technology for integration into other manufacturer's access points (APs). Bandspeed claims its technology allows WLANs to extend their range up to three kilometers line-of-sight outdoors and provide bandwidth up to six times greater than conventional APs. Indoor WLANs also see an increase in range of up to three times over conventional APs for similar deployments, according to Bandspeed, while maintaining FCC and ETSI compliance...

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Vitesse Announces 24-Port Gigabit Switch Chip

Vitesse Semiconductor announced a 24-port, Gigabit Switch Integrated Circuit (IC) intended to migrate existing 24- and 48-port, 10/100 LAN switches to triple speed Gigabit capabilities. Vitesse's Gigabit Switch-on-Chip has the ability to forward 36 million packets per second. The switching chip supports Jumbo packets and provides for wire-speed automatic learning. Its Layer 4-aware programmable classifier allows for enhanced QoS, and it is optimized with Reduced Gigabit Media Independent Interface (RGMII) and Reduced Ten Bit Interface (RTBI) to...

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Centillium's Entropia III Delivers More Than 1,000 VoIP Channels

Centillium Communications introduced Entropia III, its fourth generation VoIP processor, delivering more than 1,000 VoIP channels on a single chip while concurrently supplying carrier-class echo cancellation and telephony features. Entropia III's hardware acceleration, TDM cross-connects, and multiple packet interfaces are embedded into the solution. Centillium said integration of DSPs and network processing on the same chip offers improvement in delay optimization, a key factor in achieving carrier-class voice quality. http://www.centillium...

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Laurel Networks Adds 10 Gbps Interfaces for Service Edge Router

Laurel Networks introduced 10 Gbps SONET/SDH and Gigabit Ethernet Physical Interface (PHY) cards for its flagship ST200 Service Edge Router. The platform enhancements include a 1-port OC-192c/STM-64 SONET/SDH PHY card that scales to 8 ports per ST200 (16 per telco rack) and supports Packet over SONET (POS), Point-to-Point Protocol (PPP), High-level Data Link Control (HDLC) and Frame Relay encapsulations. Laurel is also introducing a 1-port 10 Gigabit Ethernet PHY card that scales to eight ports per system (16 per telco rack) and supports advanced...

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ITXC Carries 884 Million VoIP Minutes in Q1

ITXC reported quarterly revenue of $81.7 million for Q1 2003, an increase of 42% from the same quarter of 2002 and a sequential increase of 9.6% from Q4 2002. Of the revenues reported for the quarter, approximately $8.7 million relates to amounts from Interactive Marketing Technologies, Inc., which may not be collectible. Including a $8.7 reserve for these potentially uncollectible bills, there was a net loss of $17.7 million, compared to a net loss for Q4 2002 of $19.2 million and a net loss for Q1 2002 of $6.5 million. VoIP minutes of use...

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AT&T Latin America Files for Chapter 11

AT&T Latin America filed for Chapter 11 bankruptcy protection and released preliminary numbers regarding its first quarter performance. The company generated revenue of approximately $39 million in the first quarter. For Q1, AT&T Latin America expects to generate an EBITDA margin (before restructuring charges) of 8-12%, an improvement over the company's Q4 performance, and $4-6 million above the company's Q1 forecast. ATTL also confirmed that it is continuing to pursue a potential new owner or investor for the company. It does not anticipate...

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Netli Launches NetLightning Application Delivery Service for Web Applications

Netli, a start-up based in Palo Alto, California, launched its NetLightning service to provide high availability, secure, transparent access to Web applications with global sub-second response times. The service is designed address the problems of performance and reliability for HTTP and SSL based Web applications. The service speeds up response times for Web applications while enabling consolidation to a single data center for global access. The implementation is completely transparent to the application provider and their customers. No changes...

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