Telcordia licenses patent to Paceon Corporation for SRTS technology

Sept. 13, 2001--Communications software and solutions provider Telcordia Technologies, Inc. announced it granted a license for its U.S. Patent for Synchronous Residual Time Stamp to Paceon Corporation, a provider of services-ready broadband access solutions.

Communications software and solutions provider Telcordia Technologies, Inc. announced it granted a license for its U.S. Patent Re 36,633, Synchronous Residual Time Stamp (SRTS) to Paceon Corporation, a provider of services-ready broadband access solutions.

SRTS technology was created by Applied Research, a division of Telcordia. This research organization has developed many of the 1,500 patents in the Telcordia portfolio, including SONET, DSL, Wireless and various Optical Networking Patents

Telcordia and Paceon have a five-year agreement that allows Paceon to manufacture and sell its APON family of products with embedded SRTS technology. PON (Passive Optical Networks); architecture rolls existing DS1 customers over to a fiber based access system. This alternative network transport is a substitute for SONET & HFC based delivery of DS1 to the small, medium, and large businesses. PON represents a shared optical network approach, which is economically feasible, because many users share the same fiber access.

SRTS is used to recover the timing signal in an ATM network, and is typically utilized in networks transmitting voice and video, where circuit emulation is required. Recovery of the network clock is critical in these applications to assure all data packets reach their final destinations at the correct time and are reassembled without any losses, gaps or errors.

About Telcordia Technologies, Inc.:

Telcordia Technologies, Inc. is a provider of operations support systems, network software and consulting and engineering services to the telecommunications industry. For more information, visit www.telcordia.com.

About Paceon Corporation:

Headquartered in Duluth, Georgia, Paceon is an independent company owned by Mitsubishi Electric Corporation. Paceon delivers high-speed solutions in the first/last mile. For more information, visit www.paceon.com.

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