Press Releases

Actiontecs Next Generation Wireless Broadband Router Selected to Power Verizon FiOS Deployment
Sunnyvale, Calif., July 23, 2008 � Actiontec Electronics today announced that its next generation wireless broadband router has been selected to power Verizon's FiOS Internet Service.  Already a key vendor in the FiOS architecture, Actiontec has been providing Verizon with customer premise equipment for more than five years. This latest product selection further strengthens the relationship between the two companies and confirms Actiontec's leading position in the smart home gateway market.

Actiontec's latest wireless broadband router (Model # MI424-WR) sets a new industry benchmark for performance. As a result, Verizon and other service providers can increase service speeds beyond 100 Mbps and better meet the needs of an increasingly sophisticated consumer base by rolling out multiple value-added, bandwidth-intensive applications, such as parental controls, online gaming, music, live sports, children's entertainment, movies and television programming.

To achieve this unprecedented performance level, Actiontec's router features an advanced hardware design including an industry-first 64-bit, dual core processor. The router's 64-bit architecture provides a 10-15% performance improvement over the 32-bit standard deployed today. The router's latest MIPS core offers further performance improvement and additional instructions for networking applications reducing the number of cycles needed for even greater CPU efficiency.

Additionally, the router features hardware-level Quality of Service (QoS) with eight input channels and eight output channels. This innovative design frees the CPU for other bandwidth needs, and ensures that providers can deliver multiple high quality video streams without any dropped frames, frozen frames, or other performance issues that can degrade video and television service and impede IPTV adoption.

"Our goal is to stay on the leading edge of the broadband home gateway market and keep developing new technologies that help our customers lower their operating and capital costs, as well as roll out a new generation of enhanced, differentiated applications," said Dean Chang, CEO of Actiontec. "We're proud that Verizon has again selected our equipment for their FiOS service and we look forward to continuing our partnership to give consumers faster speeds, greater entertainment and communication choices, and a consistently positive end user experience."

"The residential gateway serves as a lynchpin in not only providing consumers with seamless access to multiple services, but also as the foundation for emerging broadband value-added services, which are projected to add $1.3 billion in additional broadband service revenues by 2012," said Kurt Scherf, vice president and principal analyst with Parks Associates. "Actiontec's wireless broadband router � with its increased performance � characterizes the importance of advanced broadband customer premise equipment that will support future service provider initiatives."
 
Actiontec continues to exceed the delivery, reliability, and support expectations of its key customers. To date, the company has shipped over 16 million Internet access devices and continues to be a revenue leader in the home gateway market.

About Verizon
Verizon Communications Inc. (NYSE:VZ), headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers.  Verizon Wireless operates America's most reliable wireless network, serving nearly 66 million customers nationwide.  Verizon's Wireline operations include Verizon Business, which delivers innovative and seamless business solutions to customers around the world, and Verizon Telecom, which brings customers the benefits of converged communications, information and entertainment services over the nation's most advanced fiber-optic network.  A Dow 30 company, Verizon employs a diverse workforce of nearly 235,000 and last year generated consolidated operating revenues of $93.5 billion.  For more information, visit www.verizon.com.

About Actiontec Electronics, Inc.
Actiontec Electronics develops broadband connectivity and broadband-powered solutions that simplify and enrich the digital life � delivering a unified experience that encompasses communications, entertainment, home management, and more. Actiontec offerings range from the market's broadest selection of IPTV-capable broadband home gateways for bringing IP-based video services into the home, to DSL modems, wireless networking devices, routers and digital entertainment devices. The company's carrier-class products are easy to install, manage, and use, and are sold through retail channels and broadband service providers. Founded in 1993, Actiontec is headquartered in Sunnyvale, CA, and maintains branch offices in Colorado Springs, CO; Shanghai, China; and Taipei, Taiwan. For more information, call 408-752-7700 or visit http://www.actiontec.com.