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Articles published in August 2003

Path 1 Overallotment Exercised


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August 29, 2003 : Managing underwriter Paulson Investment Co. picks up another 187,000 units, or more than 500,000 shares

Siemens, Huawei Start 3G JV


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August 29, 2003 : Siemens IC Mobile and Huawei to form a Beijing-based, $100M joint venture to develop, manufacture, and market TD-SCDMA technology

Symbol Postpones 10-K Filing


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August 29, 2003 : The discovery of 'certain undocumented practices' that 'deviated' from the rules (ahem) delays the completion of its earnings restatements

SR Telecom Posts Busy Q2


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August 29, 2003 : Revenues were $30.6M, down from $49.0M in 2Q02; loss was $5.0M; Netro merger and 1-for-10 stock split OK'd; $6M raised; first AirStar orders received

SR Telecom Posts Busy Q2


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August 29, 2003 : Revenues were $30.6M, down from $49.0M in 2Q02; loss $5.0M; Netro merger and stock split OK'd; $6M raised; 1st AirStar orders received

Quick Eagle Unveils Channel Program


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August 29, 2003 : Quick Eagle Networks will launch its International Channel Value Program for partners outside North America on September 1st

KMI: Optical Networking to Rebound


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August 29, 2003 : The optical networking gear market declined 53% in 2002 to $10.1B and will decline another 6% in 2003 before rebounding in 2004, says KMI

NetScaler Optimizes Google


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August 29, 2003 : Google deploys the NetScaler 9000 Series secure application networking system to enhance search performance

Encore, MetaSwitch Team on VOP


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August 29, 2003 : Encore Networks and MetaSwitch establish strategic partnership to provide universally compatible advanced converged voice solutions

Globespan-Intersil Deal Done


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August 28, 2003 : GlobespanVirata completes the acquisition of Intersil's 802.11 business, for $250M and 15M shares of stock

Train Hotspots Chug Along


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August 28, 2003 : By 2008, 625M travellers on WiFi-enabled trains will be spending $420M per year on in-transit wireless LAN hotspot services, according to BWCS

Xponent Offers Novel 10G PIN FROA


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August 28, 2003 : Offers a 10G PIN photodiode in a novel Fiber-Ready Optical Assembly form-factor, the first of its Surface Mount Photonics products

AMCC to Buy JNI for $190M


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August 28, 2003 : Applied Micro Circuits Corp. plans to acquire Fibre Channel hardware and software supplier JNI for approximately $190 million in stock

Pumatech Narrows Q4 Loss


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August 28, 2003 : Revenues were $7.3M, up 66% Y/Y for a fourth consecutive quarter of revenue growth; cuts loss to $1.8M ($0.17/share) from $12.4M ($0.77/share) in 4Q02

American Fiber Systems Banks $6M


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August 28, 2003 : American Fiber Systems closes an additional $6M equity round, led by North Atlantic Capital, to fund business expansion

Memscap to Acquire GalayOr


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August 28, 2003 : Memscap to acquire GalayOr and raise at least $3.5M from financial investors; reports a 1H03 net loss of €13.87M, down 21% from 2H02

Somera CEO to Talk at NFOEC


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August 28, 2003 : Rick Darnaby, CEO of Somera, to discuss new strategies to reduce the cost of network deployment via asset management, at NFOEC

Jungo Powers Planex VPN Gateway


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August 28, 2003 : Japan's Planex Communications introduces a high-throughput VPN gateway powered by Jungo Software Technologies' OpenRG software

Eagle Broadband Lands CEO, $10M


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August 28, 2003 : Hires Dave Weisman as CEO; names founder and CEO Dr. H. Dean Cubley as CTO; closes $10M financing round led by Aggregate Networks

Spirent Exec to Chair MEF


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August 28, 2003 : Mark Fishburn, Spirent Communications' VP of technical strategy, elected chairman of the board of the Metro Ethernet Forum (MEF)

Koncent Offers Waveplates


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August 28, 2003 : Koncent unveils series of waveplates for polarization management; patents packaging methodology for DWDM and OADM applications

Ericsson Does Kazakh CDMA


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August 28, 2003 : Kazakhstani operator Altel awards Ericsson a $30M contract to deploy a nationwide CDMA2000 1X wireless network

Nokia Runs 1xEV-DV Call


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August 28, 2003 : Nokia achieves the world's first CDMA2000 1xEV-DV high-speed packet data phone call at its CDMA product creation center in San Diego

Amalfi Semi Pockets $12M


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August 28, 2003 : Low-power RF IC designer Amalfi Semiconductor closes $12M Series A funding, led by Doll Capital Management and Trinity Ventures

Veraz Wins VOIP Deal in Russia


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August 28, 2003 : Russia's Central Telegraph picks Veraz Networks' Packet Telephony solution for deployment in its VOIP network under Multitel project

Corvis Raises $77.4M


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August 28, 2003 : Corvis raises $77.4M via private placement of 67,278,280 shares of its common stock at $1.15 per share

RAD Complies With TDM Over MPLS IA


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August 28, 2003 : RAD Data Communications declares compliance with the MPLS/Frame Relay Alliance's TDM over MPLS Implementation Agreement

TranSwitch Exchanges Notes


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August 28, 2003 : TranSwitch Corp. commences exchange offer for its 4.5% convertible notes due 2005

Redback Gets Nasdaq Extension


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August 27, 2003 : Redback now has until Oct. 11, 2003, to comply with Nasdaq's minimum price requirement

Stratos Files for Sterling


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August 27, 2003 : Stratos Lightwave files Registration Statement with the SEC relating to the proposed merger with Sterling Holding Company

Dacom to Deploy Lucent DWDM


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August 27, 2003 : Lucent to supply optical networking systems to South Korean wireline and broadband service provider to expand its DWDM backbone network

LightCore Crosses Big Muddy


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August 27, 2003 : Has expanded its dual, ring-protected, fiber optic routes from St. Louis into East St. Louis and Collinsville, Ill.

Sprint Jumps on UNE-P


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August 27, 2003 : Moves forward with portfolio of local, long-distance, and nationwide wireless bundles in wake of FCC UNE-P order

Nokia Offers Cheap GSM


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August 27, 2003 : Nokia Connect GSM Solution promises savings of up to half of network-related capex and opex compared to a traditional wireless network

RF Micro Has 6-Inch Fab


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August 27, 2003 : Has successfully completed its first major customer qualification of its six-inch wafer manufacturing capabilities

Sprint Jumps on UNE-P


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August 27, 2003 : Moves forward with portfolio of local, long-distance, and nationwide wireless bundles in wake of FCC UNE-P order

Lawyers Like Synchrologic


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August 27, 2003 : KMZ Rosenman has selected Synchrologic Email Accelerator for real-time wireless access through Pocket PC and Palm handheld devices

SingTel Joins GRIC Network


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August 27, 2003 : Singapore Telecommunications will roll out GRIC's global wireless LAN service to its installed base of customers

Alcatel Boosts China R&D


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August 27, 2003 : Large part of this year’s US$100 million R&D funding for China goes to 3G, US$45 million for 3G infrastructure and app development

Alcatel Boosts China R&D


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August 27, 2003 : Large part of this year’s US$100 million R&D funding for China goes to 3G, US$45 million for 3G infrastructure and app development

BT Inks Deal With FT


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August 27, 2003 : BT announces a £3.5 million contract with the Financial Times to deploy a new wide-area network

MCI to Buy More Digex


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August 27, 2003 : MCI has commenced a tender offer to purchase all of the outstanding shares of Class A Common Stock of Digex not already owned by MCI

BellSouth to Sell DirecTV


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August 27, 2003 : Strategic alliance to offer BellSouth customers in residential homes, DIRECTV® digital satellite television service in early 2004

Netilla Networks Nets $2 Million


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August 27, 2003 : Investment by Masthead Venture Partners brings Netilla’s Series C financing to $8 million

Gen'l Bandwidth Teams With Sylantro


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August 27, 2003 : Have begun certification testing to provide a wide range of PBX-type services and other features

Tellium/Zhone Merger Proceeds


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August 27, 2003 : Tellium and Zhone announce early termination of Hart-Scott-Rodino Antitrust Review

Riverstone Reveals Details


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August 27, 2003 : Overstated its previously reported net revenues for the fiscal year ended March 2, 2002, of $210.8 million by as much as $85.5 million

Nortel Wins China VOIP Deal


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August 27, 2003 : China Netcom selects Nortel Networks to provide voice over IP, multimedia solutions for next-generation network

Riverstone Rethinks Revenues


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August 26, 2003 : Preliminary review shows overstated revenues for the years ending March 2002 and March 2003.

Qualcomm Exec Joins Zyray


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August 26, 2003 : Thom F. Degnan, former Qualcomm VP of business development, joins Zyray Wireless as senior vice president of sales
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