TXP announces ONT supply agreement

MARCH 1, 2007 -- TXP Corp. (search for TXP), an original design manufacturer (ODM) for the electronics and telecommunications industries, has entered into an agreement to supply its optical network terminal (ONT; search for optical network terminal) equipment to an unnamed provider of communications technology and infrastructure equipment.

TXP's ONTs sit at each customer premise and are connected over fiber to an optical line terminal (OLT), generally located in the carrier's central office. A single OLT can deliver services to hundreds of ONTs.

Michael C. Shores, president and chief executive officer, states, "We are very excited about this new partnership, which we believe marks the first of many ODM relationships with PON equipment manufacturers who will use our ONTs to provide PON-based service delivery solutions to carriers worldwide. We think our family of BPON and GPON ONTs are perfectly timed with the accelerating roll-out of new 'fiber-to-home' infrastructures needed to deliver 'triple-play' services."

This agreement comes just 2 months after TXP officially acquired the ONT business unit of Siemens. The acquisition brought to TXP's portfolio BPON ONTs for single-family units (SFUs), multidwelling units (MDUs), and small business units (SBU); and GPON ONTs for SFUs, Ethernet-only SFUs (ESFUs) and SBUs.

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