For Immediate Release - April 14, 2004

Contact:
Kevin Brown, Director of Marketing
(603) 766-5142 | brown_k@pannaway.com

Pannaway and FTTH Communications Help Upper Midwest Telcos Deliver "Technology of Tomorrow"

Portsmouth, NH - April 14, 2004 - Pannaway Technologies, Inc., designers and developers of converged broadband voice, video and data platforms, has received independent confirmation of network interoperability from FTTH Communications, an integrated communications provider and creator of the LightBlast™ residential fiber-optic network.

FTTH, which provides wholesale IP video services to telephone carriers, cable television companies and municipalities, needed a platform that would help its partners throughout the upper Midwest provide a full suite of advanced video services over existing telephone and cable networks. Months of rigorous "real world" testing confirmed the Pannaway solution's ability to provide the reach, stability and ease of use that FTTH desired.

"Aside from technical capabilities, we also looked at factors such as ease of implementation, the ability to cost-effectively monitor and maintain equipment, and the potential for telcos to deliver advanced features," explained Brian Estrem, director of operations for FTTH Communications. "It came down to having a shared vision for broadband service delivery. Like Pannaway, FTTH likes to stay a step ahead of consumer demand with innovate and cost-effective technology solutions."

Interoperability with other vendor's equipment

A key factor in the Pannaway system's success is its interoperability with Tut Systems' (NASDAQ:TUTS) industry leading video head-end gear based on the Astria® content processor and Myrio Corporation's middleware processing technology. Rounding out the LightBlast offering is ViewNowTM, which offers aggregation capabilities for a strong line-up of VOD content including first-run and library movie titles.

"Pannaway's unique all-IP approach to Triple Play services over xDSL networks is a pioneering step in enabling telcos to intelligently converge their services into a simple, robust and easily managed access network," noted Mark A. Carpenter, Vice President of Partner Development for Tut Systems. "For FTTH's needs, the flexibility and scalability of the Pannaway solution is a natural fit."

Unlike traditional systems, Pannaway's Service Convergence Network (SCN™) utilizes a less costly and easier-to-use Ethernet/IP-based system. It also supports ADSL2+, giving providers the ability to transmit data up to 24 Mbps. In addition, Pannaway's patent-pending technology allows for greater security, efficient bandwidth usage, easier management, and, in a boon for channel surfers everywhere, quicker channel changing times than current technology.

About FTTH Communications L.L.C.

FTTH Communications is an Integrated Communications Provider (ICP) providing voice, internet and video services to residential developments in the Minneapolis, MN metropolitan area. FTTH is a wholly owned subsidiary of Contractor Property Developers Corporation (CPDC), a leading developer of residential communities. This unique partnership allows FTTH to provide communication services tailored to the residential home user. For more information on FTTH Communications visit our website at www.ftthcom.com and for more information on CPDC developments visit www.newsmalltownneighborhood.com.

About Pannaway

Pannaway Technologies designs and the industry's first carrier-class end-to-end IP solution for converged voice, video and data service delivery. Pannaway 's innovative technology enables telecommunications companies worldwide to deliver unified services to homes and businesses at a fraction of their historical costs. The privately held company was founded in April 2002 and is headquartered in Portsmouth, New Hampshire. Its founding management team, with over 90 years of collective experience in the industry, has played a pioneering role in the telecommunications equipment sector. For more information, please visit www.pannaway.com.


HomeSearchSite MapContactLogin
Company