Paradyne Networks, Inc. is a developer, manufacturer and distributor of broadband network access products for network service providers (NSPs) and business customers. The Company offers solutions for NSPs that utilize existing telephone lines and enable them to offer voice, data and video solutions. NSPs use its products to enable connections from the central office to the customer premise. Business customers use Paradyne Networks's broadband products for high-speed connection of voice and data communications to connect their employees to corporate wide area networks and to the Internet using both public and private services provided by NSPs. The Company's products and technology also include network management systems. Paradyne Networks operates its business through its wholly owned subsidiary, Paradyne Corporation. Broadband Solutions The Company's broadband access solutions support a range of broadband multimedia access services, such as business and residential Internet access, remote local area networks access and virtual private network access at symmetric rates (similar transmission rate for sending and receiving data over the same line) of up to 50 megabits per second (Mbps) and asymmetric rates (varying transmission rates for sending and receiving data over the same line) of up to 48 Mbps. It also supports Frame Relay, asynchronous transfer mode (ATM), Internet protocol (IP) and Time Division Multiplexer/Multiplexing (TDM) channelized access to the wide area networks. Paradyne Networks's network-based DSL products consist of two major product categories, broadband loop carriers (BLCs) and DSLAMs. A DSLAM is a DSL access multiplexer installed in NSPs' central offices and private copper networks that provides termination and aggregation of multiple DSL lines and associated services protocol translation. A BLC has the capabilities of a DSLAM but also supports additional voice applications. Paradyne is upgrading its 8000 and 12000 DSLAM product lines to become BLCs. The Company's ReachDSL CPE products are dual mode CPE that incorporate both ADSL2+ and Reach technology into a single CPE. Paradyne Networks launched its first bonded SHDSL products in 2004 and acquired additional solutions through the Net-to-Net acquisition. Bonding allows the customer to combine copper pairs to create a single higher speed connection. It now has bonded SHDSL solutions that can communicate with both the 12000 and 8000 BLC families, allowing it to offer NSPs solutions enabling symmetric business class Ethernet services over copper. The Company's iMarc system is a service level management system, or SLM, for Frame Relay, Frame Relay/ATM and IP networks. The iMarc system consists of customer premises equipment, NSP equipment and network management software to monitor and measure network performance across public Frame Relay networks. iMarc FLEX has been integrated into the service offerings of certain Frame Relay NSPs. iMarc FLEX is a SLM product that can be deployed in a basic configuration delivering a subset of the iMarc features. iMarc DSL, an extension to the iMarc family, incorporates G.SHDSL, SDSL and IDSL technologies into the iMarc FLEX platform. It therefore offers the iMarc FLEX features with the added benefits of DSL as an access technology. iMarc SLV Router, an extension to the iMarc family, is an intelligent T1/FT1 SNMP CSU with added Ethernet functionality. T1/E1 Access Products, Acculink and NextEdge T1/ E1 digital access products consist of a range of products that provide an interface between a T1 circuit, which carries data at 1.544 Mbps or an E1 circuit, which carries data at 2.048 Mbps, and a customer's digital equipment, such as a computer, router, multiplexer, wide area network switch or telephone system. Acculink products provide integrated voice and data network access to business customers who want to take full-advantage of their T1/ E1 bandwidth capacity. The products are used primarily in applications where voice and data integration over a T1 or E1 line is required. Narrowband Solutions Th