BTI Signs High-Bandwidth, Multi-Protocol Services Agreement

BTI Systems, a global supplier of Intelligent Services Edge solutions for the delivery of high-bandwidth, multi-protocol services, has signed a development and supply agreement that covers joint research and development initiatives with Wuhan FiberHome Networks Co. Ltd. (FHN). To ensure close collaboration with FHN and to support its Asian customer and partners, BTI has established a new subsidiary in the People's Republic of China.

Headquartered in China's center of optical innovation, Wuhan Valley, FHN is at the heart of major new developments in optical data equipment, system design and manufacturing, and next generation optical Ethernet networking solutions. The partnership between BTI and FHN combines BTI's knowledge in carrier-grade packet optical networking solutions with FiberHome's design and manufacturing expertise in delivering Ethernet switching, IP routing, and HD video systems. This partnership allows both companies to harness their collective know-how and regional resources to offer the best communications solutions to the global marketplace.

"We have a unique opportunity to deliver best-in-class Carrier Ethernet and optical solutions that will set precedent for the way the industry delivers high-bandwidth video, data, and voice services," said Gregory Koss, Chairman and CEO, BTI Systems. "BTI and FHN create a powerful force in the Intelligent Services Edge and Carrier Ethernet Access solutions market with the cross-linking of skills, cultures, and strengths. We are very pleased to be partnering with one of China's leading telecom technology companies."

BTI and FHN will work closely at all levels of the partnership through feature definition, research and development, marketing, and customer engagements; collaborating closely to develop and deliver industry-leading technologies to facilitate growth and competitiveness in North America, Europe, and China. Through this partnership BTI will also benefit from access to FHN's parent company FiberHome Group and its network of subsidiaries.

"BTI and FHN bring unique skills to this partnership and together form a very strong alliance to offer more relevant products and solutions," said Dan Bang Rong, CEO and President, FiberHome Networks Co. Ltd. "Together we can bring a truly integrated and differentiated portfolio to the global market."

BTI has built a solid presence in China establishing a concrete base of Asian partners. The new subsidiary in the People's Republic of China, based in Shanghai, will allow BTI to maintain a close working relationship with all of its Asian partners as well as ensure a strong collaboration with FHN.