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3/30/2006
Source: ADC
http://www.adc.com/investorrelations/newsandcommunications/n...
Countrywide Financial Selects ADC TrueNet Structured Cabling System for National Expansion; ADC Category 5e Solution Provides Robust Network Infrastructure for Countrywide Financial's Data-Intensive Business Requirements MINNEAPOLIS, Mar 30, 2006 (BUSINESS WIRE) -- ADC (NASDAQ:ADCT) (www.adc.com) announced today that Countrywide Financial Corporation (NYSE:CFC) has selected ADC's TrueNet(R) Structured Cabling System to support its continued national expansion with the opening of financial centers in California, Florida, and Texas. "We made a strategic decision as a company to focus on technology which we believe gives us a competitive edge by lowering costs and improving productivity," said Matt Taylor, vice president of Corporate Purchasing for Countrywide. "ADC's TrueNet high-performance structured cabling solutions allow us to push our networks to the performance edge to support our mission-critical applications today and tomorrow. Throughout our history, we have embraced technology and the efficiencies it brings to providing diverse financial products and services to our consumer and business customers and clients." "As a value-added reseller and integrator of structured cabling and network solutions, our goal is to ensure that we install the optimum solution for our clients," said David S. Burr, CEO for PCC Network Solutions. "We take great pride in providing structured cabling solutions that come with extensive warranties and are capable of outperforming any other in the marketplace. We support Countrywide Financial's decision to select ADC's TrueNet Category 5e copper connectivity solutions because ADC offers complete channel solutions with 20-year product performance warranties along with a multitude of product choices and design options. All ADC copper cabling solutions are installed, tested, and certified by PCC to meet or exceed the latest TIA-568 standard specifications." ADC's TrueNet Category 5e Structured Cabling Systems are guaranteed to meet the minimum requirements of TIA 568B for Category 5e for dependable data transmission in any network configuration, from the switch to the network interface. With six times the information-carrying capacity of Category 3, Category 5e copper cabling is a recognized standard for broadband services, providing the room to grow bandwidth as necessary to meet Countrywide Financial's future business needs. "We are proud that Countrywide Financial has selected our TrueNet structured cabling system to meet their network infrastructure needs," said Pat O'Brien, president of Global Connectivity Solutions Business Unit for ADC. "Our TrueNet Category 5e structured cabling system is designed to help enterprises in the financial industry to optimize their businesses by expanding their infrastructure bandwidth and extending and enhancing the performance of their networks to support high-speed, mission-critical applications." ADC TrueNet Structured Cabling System ADC's Category 5e copper cabling solutions are part of the TrueNet Structured Cabling System, a highly reliable, end-to-end system designed to meet the unique network infrastructure needs of enterprises, backed by the industry's only true Zero-Bit Error Warranty that guarantees signal integrity and network throughput. Featuring proven cable, connectivity, and cable management solutions for Fiber, 10 Gigabit Ethernet over UTP, and Category 6/5e from the data center to the desktop, TrueNet is installed in high-performance mission-critical networks worldwide. Learn more at www.adc.com/truenet or call 1.866.210.3524, x100. About Countrywide Financial Corporation Founded in 1969, Countrywide Financial Corporation is a member of the S&P 500 and Fortune 500. Through its family of companies, Countrywide provides mortgage banking and diversified financial services in domestic and international markets. Mortgage banking businesses include loan production and servicing principally through Countrywide Home Loans, Inc., which originates, purchases, securitizes, sells and services primarily prime-quality loans. Also included in Countrywide's mortgage banking segment is the LandSafe group of companies that provide loan closing services. Diversified financial services encompass capital markets, banking, insurance and global, largely through the activities of Countrywide Capital Markets, a mortgage-related investment banker; Countrywide Bank, N.A., offering customers CDs, money market accounts and home loan products; Countrywide Insurance Group & Balboa Life & Casualty, whose companies are national providers of property, liability and life insurance; Balboa Reinsurance, a captive mortgage reinsurance company; and Global Home Loans, a European mortgage banking joint venture in which Countrywide holds a majority interest. For more information about the Company, visit Countrywide's Web site at www.Countrywide.com. About PCC Network Solutions PCC Network Solutions is an integrator of structured cabling systems, data, voice and indoor/outdoor (including Metro Wi-Fi) wireless networks, as well as low voltage systems for security, surveillance, access control and more. We serve the entertainment, professional services, academic and finance industries across the U.S, including city governments, small-medium Business and Fortune 500(R) companies. We take a consultative approach to design, build and deliver a network solution, which uses the most up-to-date technology to best serve our customers. PCC Network Solutions is a privately held company with headquarters in Chatsworth, California, and additional offices in Anaheim, California, Tempe, Arizona, Tampa, Florida and Carrollton, Texas. For more information about PCC Network Solutions, please visit www.pccinc.com. About ADC ADC provides the connections for wireline, wireless, cable, broadcast, and enterprise networks around the world. ADC's innovative network infrastructure equipment and professional services enable high-speed Internet, data, video, and voice services to residential, business and mobile subscribers. ADC (NASDAQ: ADCT) has sales into more than 140 countries. Learn more about ADC at www.adc.com SOURCE: ADC ADC, Minneapolis Copyright Business Wire 2006 News Provided by COMTEX
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