PITTSBURGH, Dec. 18 /PRNewswire-FirstCall/ -- Tollgrade Communications,
Inc. (Nasdaq: TLGD), a leader in the communications test and management
industry, announced today that it was awarded, through in-country
partnerships, two significant international projects to supply its multi-
layered testing solutions for country-wide networks.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050603/CLF046LOGO)
These awards follow extensive competitive technical reviews and include
a full suite of Tollgrade's DigiTest(R) test hardware and LoopCare(TM)
software for comprehensive testing of IP triple-play services in advanced
DSL access networks. The projects are expected to include upgrades to
Tollgrade's DigiTest EDGE(R) multi-layer broadband test system, as well as
new deployments of the DigiTest HUB(TM) next generation central office test
platform, and DigiTest ICE(TM) designed specifically for deep-fiber DSL
networks.
Upon completion of the agreements for the commercial terms for these
projects, Tollgrade could begin to see the benefits from these awards
during the first half of 2007. Together, these project awards are estimated
to amount up to $14 million.
"These are significant wins for us because they validate our newest
solutions for emerging and soon-to-be prevalent deep fiber networks being
deployed by leading telecommunications service providers who intend to
offer a variety of competitive IP-based services such as
Voice-Over-Internet-Protocol (VoIP) and IP Television (IPTV)," said Mark
Peterson, president and CEO of Tollgrade. "Further, these international
assignments confirm that our newest DSL and IP testing solutions are
competitive, offer an attractive end-customer business case, can
efficiently augment a customer's centralized service assurance platform
already in place, and can be an industry prototype for implementing a
network-wide deep-fiber IP service assurance solution," added Peterson.
Among the Tollgrade testing solutions being deployed in these projects:
- Tollgrade's LoopCare Test Operations Support System (OSS) is a leading
loop test and management system and is testing more than 160 million
access lines worldwide. Domestically, every Regional Bell Operating
Company (RBOC) and many other leading local exchange carriers have
chosen LoopCare for their loop testing.
- The DigiTest EDGE Broadband Test Platform is intended for use in the
evolving broadband network edge. The currently deployed DigiTest EDGE
is a powerful multi-layer test and management solution used to
accurately qualify potential customers for broadband services, verify
provisioning prior to service activation, and isolate multi-layered
network faults.
- The DigiTest HUB is designed to support multiple testing and assurance
environments within the evolving central office. As with DigiTest
Edge, it addresses emerging broadband testing requirements, but also
retains interfaces to legacy equipment. This unique feature allows for
a truly seamless migration from traditional to packet-based delivery of
services, allowing service providers to continue automated, mass-market
processes to cost-effectively maintain the level of quality consumers
expect.
- The DigiTest ICE, when generally available, will be Tollgrade's newest
addition to the DigiTest product family. It is a multi-layered
broadband platform that will be optimized to test High-Speed Internet,
VoIP and IPTV service at ultra-low-line-count DSLAM locations.
About Tollgrade
Tollgrade Communications, Inc. is a leading provider of network service
assurance products and services for centralized test systems around the
world. Tollgrade designs, engineers, markets and supports centralized test
systems, test access and status monitoring products, and next generation
network assurance technologies for the broadband marketplace. Tollgrade's
customers range from the top RBOCs and Cable providers, to numerous
independent telecom, cable and broadband providers around the world.
Tollgrade's network testing, measurement and monitoring solutions support
the infrastructure of cable and telecom companies offering current and
emerging triple play services. Tollgrade, headquartered near Pittsburgh in
Cheswick, Pa., and its products and customer reach span over 200 million
embedded access lines, more than any other test and measurement supplier.
For more information, visit Tollgrade's web site at http://www.tollgrade.com.
Forward-Looking Statements
The foregoing release contains "forward looking statements" regarding
future events or results within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended, including statements concerning the
Company's current expectations regarding revenue from potential agreements
with our in-country partners and customers and the use of its new, next
generation technologies in such projects. The Company cautions readers that
such "forward looking statements" are, in fact, predictions that are
subject to risks and uncertainties and that actual events or results may
differ materially from those anticipated events or results expressed or
implied by such forward looking statements. The Company disclaims any
current intention to update its "forward looking statements," and the
estimates and assumptions within them, at any time or for any reason.
In particular, the following factors, among others could cause actual
results to differ materially from those described in the "forward looking
statements:" (a) the inability to complete or possible delays in completing
agreements on the legal and commercial terms for sale of products and
services as part of these international projects; (b) the inability to
complete or possible delays in completing certain research and development
efforts required for each project, including the ICE product; (c) possible
delays in deployment of products under these international projects due to
project delays, political instability, inability to obtain proper
acceptances or other unforeseen delays; (d) the inability to make changes
in business strategy, development plans and product offerings to respond to
the needs of the significantly changing telecommunications markets and
network technologies; (e) our ability to close certain international
opportunities, including these projects, due to numerous risks and
uncertainties inherent in international markets; (f) our dependence upon a
limited number of third party subcontractors to manufacture certain aspects
of the products we sell, including certain of those intended for each of
these projects; (g) the uncertain economic and political climate in the
United States and throughout the rest of the world and the potential that
such climate may deteriorate. Other factors that could cause actual events
or results to differ materially from those contained in the "forward
looking statements" are included in the Company's filings with the U.S.
Securities and Exchange Commission (the "SEC") including, but not limited
to, the Company's Form 10-K for the year ended December 31, 2005 and any
subsequently filed reports. All documents are also available through the
SEC's Electronic Data Gathering Analysis and Retrieval system at
http://www.sec.gov or from the Company's website at http://www.tollgrade.com.
(TM) LoopCare, ICE and HUB are trademarks of Tollgrade Communications,
Inc.
(R) DigiTest and DigiTest EDGE are registered trademarks of Tollgrade
Communications, Inc.
SOURCE Tollgrade Communications, Inc.
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Related links:
http://www.tollgrade.com/
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20050603/CLF046LOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
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CONTACT:
Bob Butter, Communications of Tollgrade
Communications, Inc., +1-412-820-1347, Cell, +1-412-736-6186, or
bbutter@tollgrade.com
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