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Press Release
Light Reading Names Laurel Networks Top
Private Company
Laurel Achieves Number One Position
Based on Its Traction with Customers
Pittsburgh, PA - October 9, 2002 - Laurel Networks,
Inc., the first provider of high-performance service edge routers,
today announced that Light Reading, the global site for optical
networks, has appointed Laurel to the number one position on its
Top Ten Private Companies List.
In the Light Reading article accompanying the
unveiling of its Top Ten Private Companies, the factors leading
to Laurel's appointment to the top of the list were described.
"Laurel Networks Inc. smashes its way straight to the top
of our new Top Ten Privates list based on its traction with customers…The
product is out, the company has some customers, and it's in a
market that's ripe for development: edge routing services. The
No. 1 spot implies many expectations for the technology down the
road. Laurel's got the goods."
"Being named the top private company in
the industry by Light Reading is a significant milestone in a
year marked by achievements," said Atul Bansal, president
and CEO of Laurel Networks. "After beginning the year with
commercial deployment of our flagship ST200 Service Edge Router,
we have gained increasing market momentum as service providers
across the U.S., Europe and Asia adopt and deploy Laurel technology."
The full Light Reading article and Top Ten Private
Companies List can be found at: http://www.lightreading.com/document.asp?doc_id=22105
About Laurel Networks' Service Edge Routers
Laurel's ST200 Service Edge Router was designed from the ground
up to create profitable data services at the edge of an IP/MPLS
backbone network. With a distributed, edge-optimized architecture
combining Internet class routing, full port-by-port multi-service
capabilities and a sophisticated service management infrastructure,
the ST200 delivers services with unmatched performance, scalability
and flexibility to support current and future service provider
requirements.
About Laurel Networks
Laurel Networks is leading the creation of The New Service Delivery
Architecture to enable profitable delivery of data and IP services
at the edge of carrier IP/MPLS networks. Laurel's service edge
routers and service management software are evolving carrier architectures
from multiple data networks to a single packet-switched architecture
with minimal capital investment. Combining carrier-class routing,
data switching, advanced QoS and high availability, Laurel service
edge routers support both routed and switched services. This unmatched
service agility allows carriers to evolve their service portfolio
to meet changing market requirements. Laurel Networks was founded
in 1999 and is headquartered in Pittsburgh, Pennsylvania. For
more information, visit www.laurelnetworks.com.
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