Pannaway Launches Next-Generation IP Platform for Broadband Service Providers

PORTSMOUTH, NH--(Marketwire - June 18, 2007) - Pannaway Technologies, Inc., designers and developers of converged IP broadband platforms for telecommunications companies, today announced the availability of its next-generation, IP MSAP (Multi-service Access Platform) chassis, the MAGNM-20 (Multi Media Aggregation Node). Leveraging its award-winning Service Convergence Network (SCN™) architecture which has now been deployed by close to one hundred broadband service providers including ETEX Communications, Arvig Communications Systems and NTELOS, the MAGNM-20 is poised to be the most feature rich and interoperable IP chassis in the marketplace. The MAGNM-20 is available to order immediately.

The MAGNM-20 is specifically designed to address an area of rising service provider concern: the demand for a highly scalable, multi-technology broadband platform that delivers operational simplicity, carrier-grade availability and future protection, ensuring support for emerging technologies such as ultra high-speed Internet access, High Definition TV (HDTV), On Demand Programming, Personal Video Recorder (N-PVR), Gaming, Business Class Ethernet and advanced VoIP features. By leveraging the company's significant investment in the SCN architecture, the MAGNM-20 is already interoperable with major softswitches from Broadsoft, Nortel, Metaswitch, CopperCom, Genband, Taqua and others.

"Our research shows that broadband service providers are creating the requirement for an affordable, carrier-grade IP platform capable of supporting the demanding technologies and applications that are emerging in the competitive broadband services market," said Jeff Heynen, directing analyst, broadband and IPTV, at Infonetics Research. "The MAGNM-20 chassis is the first true, second-generation IP platform to emerge and should be well received by broadband service providers of all sizes."

Since 2002, Pannaway's impressive roster of customers have relied on the company's fixed-configuration devices, such as their BAS™ (Broadband Access Switch), an IP broadband loop carrier, as well as their BAR™ (Broadband Aggregator), which aggregates BAS devices using layer 2 or layer 3 technology. These solutions, along with company's BAM™ (Broadband Access Manager) and patent-pending Emergency Standalone (ESA) and Primary Line VoIP(SM) which guarantees E911 calling in an IP voice network, have consistently garnered accolades from premier award organizations and test labs.

Technology, Speed and Reliability in One Platform: The Numbers on MAGNM-20

The MAGNM-20 delivers industry leading copper and fiber port densities as well as an aggregate capacity of 922 gigabits per second allowing for virtually limitless scalability, effectively preparing broadband service providers for future growth. Recognizing that telcos often need to transition from existing infrastructure into new IP-based solutions for ROI purposes, the MAGNM-20 system is engineered with the flexibility to support multiple access technologies including digitized POTS, T1, ADSL2+, high density ADSL2+ bonding, VDSL2, 2.4 G-PON and Active Ethernet. Additionally, The MAGNM-20 properly isolates access interfaces from high-speed transport, as carrier-grade networks require, while seamlessly delivering 1Gb/s to multiple 10Gb/s Ethernet transport interfaces with industry standards based, sub-50 millisecond failover.

"With the launch of the MAGNM-20, Pannaway is delivering on its promise to provide existing customers like WCVT with an affordable IP platform that is backward compatible with existing SCN equipment," said Bill Fogg, Network Planner, for Waitsfield and Champlain Valley Telecom. "The MAGNM-20 delivers the performance and scalability we'll need to provide our customers with competitive voice, video and data services for the next decade."

"Telcos have adopted IP packet technology for the long-term as the basis for which emerging broadband services will be deployed. This shift to packet technology will be the catalyst which unleashes the bandwidth in telco, last mile and transport networks," said Mike Skubisz, chief technologist for Pannaway. "We carefully researched and timed the development of MAGNM-20 with a life span that would exceed ten-years. Telcos can rest assured that this MSAP platform architecture will evolve to meet their growing needs, without requiring costly forklift network upgrades. This is the first platform to truly enable telcos to network their vision."

To learn more about the MAGNM-20, please visit the Pannaway booth #5615, at NXTcomm - 2007, or contact sales@pannaway.com.

About Pannaway Technologies

Pannaway provides the most complete and interoperable portfolio of IP (Internet Protocol) broadband access, transport and management solutions available, enabling service providers to simply deploy new, advanced communications services to their subscribers. Pannaway's award-winning Service Convergence Network (SCN™) solution empowers telcos to compete more effectively and increase revenue through the delivery of converged voice, video and data services. The privately held company, headquartered in Portsmouth, New Hampshire has been building pioneering IP broadband access solutions since 2002.

For more information, please visit www.pannaway.com

Contact Information: Contacts: Kevin Brown Pannaway Technologies 603-766-5142 Dale Allaire BridgeView Marketing 603-766-3681