Pandatel acquires fibre-optic STM-1 multiplexer from Native Networks

9 May 9 2003 Hamburg, Germany Lightwave Europe--Pandatel AG has acquired the product and technology of the ENT 100 Optical Service Unit from Native Networks, a vendor of Metro Ethernet solutions and technology for optical access networks.

May 9th, 2003

9 May 9 2003 Hamburg, Germany--Pandatel AG has acquired the product and technology of the ENT 100 Optical Service Unit from Native Networks, a vendor of Metro Ethernet solutions and technology for optical access networks.

Pandatel will integrate the product into its own portfolio and assume marketing, distribution, ongoing product development, manufacturing and support. The German company has been re-selling the device under OEM label by the name of S-MUX 155 successfully for several months.

The S-MUX 155 can be placed at a customer site to transmit data from up to five voice or data applications simultaneously over one fiber optic line (for more information on S-MUX 155, please refer to www.pandatel.com).

"With this agreement Pandatel is acquiring proven technology which allows us to address the rapidly growing segment of Metro access," said Heinrich-J. Kraus, CEO of Pandatel. "This complements and builds upon our already established portfolio of leading access products and multiplexers for carriers, service providers and businesses," he added.

Commenting on the deal Steve McCaffery, Native Networks VP of Sales & Business Development, said, "Native Networks is pleased to have completed this agreement with Pandatel which provides a win-win for both parties, leveraging Pandatel's global channel presence and support capability, while allowing Native Networks to focus on its core business of developing Metro Ethernet Solutions, based upon its MPLS Packet Ring Technology."

Pandatel is a specialist provider of network technology. Based in Hamburg, the company develops and produces systems for network access and copper or optical-fiber data transmission. With its branch offices and worldwide sales partners, the company, which is listed on the stock exchange, has some 170 employees serving business customers in 86 countries. Further information about Pandatel AG can be found at www.pandatel.com.

Native Networks
Native Networks' innovative solutions enable carriers to offer differentiated Metro Ethernet services, more flexibly and efficiently over existing and planned infrastructure. The company was founded in 1999, is headquartered in Maidenhead, UK, and retains extensive research and development facilities in Petah Tikva, Israel.

Further information about Native Networks can be found at www.nativenetworks.com.

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