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News Releases
New Edge Networks to Launch High-Speed DSL Service in Utah
VANCOUVER, Wash. - (April 20, 2000) - New Edge Networks, the leading national wholesale DSL service provider in small, midsize and semirural markets, today announced it is expanding its DSL service into Utah.
The high speed Internet access service will be provided to both residential and business users through local Internet service providers.
In Utah, New Edge Networks is offering its DSL service initially in five communities -- American Fork, Kaysville, Ogden, Provo and St. George. Over the next several weeks, the company plans to expand its network to include coverage in Brigham City, Clearfield, Logan, Orem, Pleasant Grove and Springville.
The company's network reaches approximately 75 percent of the homes and businesses in each of these communities.
Since last November, New Edge Networks has installed and is operating DSL network equipment in more than 80 locations in six states -- Washington, Oregon, Idaho, Colorado, Minnesota and Utah. The company is in the process of installing equipment to deliver DSL service in more than 1,000 other locations nationally. New Edge Networks first launched service in its home state of Washington last December.
Using existing standard telephone wires in homes and businesses, DSL technology can provide access to the Internet and corporate LANs at speeds up to 100 times faster than traditional analog modems. In addition to guaranteed speed, other key benefits of DSL technology include continuous "on demand" connectivity eliminating dial up or waiting; secure access using dedicated facilities; and reliability because the network is monitored around the clock.
For business customers with dedicated leased lines from the local telephone company, business-class DSL technology generally provides the same speed at half the monthly cost. Monthly DSL rate offerings range among Internet service providers and generally include the monthly ISP access charge, local telephone charges, plus unlimited usage.
In Utah, New Edge Networks currently has reseller agreements with Fibernet Corporation, IKANO, Info West, Konnections and New i Net.
"Broadband or high speed Internet access will fundamentally change how Utah businesses conduct business, and how consumers learn, live, work and play," said Brian McDonald, vice president of marketing for New Edge Networks. "By introducing DSL service now in these Utah communities, New Edge Networks and our ISP partners are helping bridge the digital divide separating those who have access to technology from those who do not."
About New Edge Networks
Based in Vancouver, Wash., New Edge Networks was founded in June 1999 to provide wholesale DSL service nationally in small, midsize and semirural markets through local, regional and national Internet service providers, communications companies, and other strategic partners. The company is certified to provide service in 42 states and plans to offer service in all 50 states by early next year. Top-tier private venture firms, global financial institutions and worldwide technology firms provide financial backing to New Edge Networks. These include: Accel Partners, Comdisco Ventures, Crosspoint Venture Partners, Goldman Sachs & Co., Greylock, Intel Corporation, Meritech Capital Partners, Morgan Stanley Dean Witter and Newbridge Networks. The company's Web site is www.newedgenetworks.com.
Contact:
Sal Cinquegrani
(360) 906-9723
ATTN: New Edge Networks news releases contain information that is accurate as of the date they are issued. Information contained in past news releases may become out of date and the company does not assume responsibility for updating information contained in past news releases.