SANTA CLARA, Calif., February 13, 2001 - Riverstone Networks, a leader in service creation infrastructure for the metropolitan area network, today announced a pan-Asian agreement with CommVerge Solutions, a leading network integrator in Asia. With 10 offices throughout the Asia Pacific region, plus one in San Jose, CommVerge Solutions provides complete, end-to-end business and technology solutions to its customer. CommVerge focuses solely on the service provider market in Asia, including ILECs, CLECs, ISPs, data center providers, and mobile operators.
Under the agreement, CommVerge Solutions will resell Riverstone's entire line of products, including the RS family of metro core, metro aggregation, and access edge switch routers, as well as the IA line of Web switches in the Asia Pacific region.
"At CommVerge Solutions, we target the high-growth segments of the Asian telecommunications market. Being one of the leading network solutions integrators, we take a best-of-breed consortium approach. Riverstone Networks is a recognized leader in metropolitan area networking - indeed, their entire organization is structured around this market," said George Ni, Vice President of Marketing at CommVerge Solutions. "There is a great deal of pent-up demand in all of the densely populated Asian capitals, and the Riverstone Networks - CommVerge Solutions relationship is naturally well positioned to address the needs of this expanding market," he added.
"With the extensive presence of CommVerge Solutions in the Asia Pacific region, this agreement significantly extends our reach in the Asia markets, providing access to new and rapidly growing service provider markets. A recognized leader in system integration and solution deployment, CommVerge Solutions providers extraordinary service and support to customers throughout the Asian Pacific rim. We look forward to a long and successful relationship with CommVerge," said Romulo Pereira, President and CEO of Riverstone Networks.
CommVerge Solutions joins Riverstone's global partner program. Existing channel partners include distributors Azian, Tech Data, and Avnet for European, US and Southeast Asian distribution, respectively. National system integration partners include Solunet in the US and Canada; Telindus in Europe; CTC and Soliton in Japan; and Shanghai PTE, ATOZ Computers, andEverbright in China.
ABOUT COMMVERGE SOLUTIONS
CommVerge Solutions is a unique integrator of technology and business solutions serving Telecommunications Service Providers throughout Asia. Launched in June 1999, CommVerge is financed by US Silicon Valley venture capital firms Oak Investment Partners, Worldview Technology Partners, Wireless Facilities, Inc (WFI) and Taiwan-based Pacific Technology & Investment Group (PTI). CommVerge has offices in Baijing, Shanghai, Hong Kong, Brunei Darussalam, Singapore, Kuala Lumpur,Manila, Taipeii, bangkok, Seoul, and Silicon Valley (San Jose, California). CommVerge currently has a team of over 200 telecommunications professionals and continues to expand rapidly.
CommVerge is focused on the Service Provider market - existing and new service providers (ILECs & CLECs), Broadband operators, Internet Service Providers (ISPs), Application, Content Service Providers (ASP/CSPs), and mobile operators. The mission of CommVerge is to assist their customers in maximizing value and reducing risk by developing integrated solutions designed from the teop down to realize business, technical and operational objectives. CommVerge's team of professionals assist service providers in reviewing new business models, defining next generation service offerings, developing a budget and network design before qualifying, selecting and implementing best-of-breed products from an array of vendor solutions. For more information, please visit the CommVerge Solutions website at www.commverge.com
ABOUT RIVERSTONE NETWORKS
Riverstone Networks is a leading developer of routers and switches that enable service providers throughout the metropolitan area network to turn raw bandwidth into profitable services. Leveraging fourth-generation custom silicon and Internet-hardened routing software, Riverstone products deliver line-rate accountability and control, enabling the metro network to become the New Business Internet, Riverstone solutions are deployed in more than 40 countries and in some of the world's largest networks - including British Telecom, Genuity, MCI WorldCom, MAE West Ames, EarthLink, NTT and Telefonica. Please visit the company at www.riverstonenet.com.