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January 16, 2006
NEC Corporation (NASDAQ: NIPNY) (FTSE: 6701q.l) today announced that it has signed a contract with purchasers, which comprise of 17 of the world's leading operators, for the upgrade of the Maya-1 Submarine Cable System. The upgrade project called 'Maya-1 Upgrade #2' entails the expansion of the capacity of the Caribbean submarine cable network from the current 5 x 2.5Gbps system to a potential 8 x 10Gbps, providing much needed broadband capacities to the region.
"We are very excited about the step change in Maya-1 to meet the rapid growth of bandwidth requirements in the Caribbean region" commented Edward West, Upgrade Project Manager.
"This is another marvelous opportunity for NEC to prove how strong its competence in submarine systems is." said Osamu Harada, General Manager for Submarine Networks at NEC. "One of our greatest strengths is the ability to successfully upgrade existing submarine cable systems, even those that have been installed by other suppliers initially.
Utilizing NEC's proprietary technology, incorporating small foot print design, we are able to upgrade virtually any existing undersea system." Originally constructed in the year 2000, the Maya-1 connects seven strategic landing points in the Caribbean, including Hollywood (USA), Cancun (Mexico), Puerto Cortes (Honduras), Puerto Limon (Costa Rica) Half Moon Bay (Cayman Islands), Maria Chiquita (Panama) and Tolu (Colombia).
NEC Corporation has been supplying submarine cable systems for more than 30 years. In particular, it has been involved in the installation of most cable systems constructed in Asia and the Asia Pacific region. This includes involvement in the construction of huge networks such as 19,000km APCN2 (Asia Pacific Cable Network - 2), 11,000km AJC (Australia-Japan Cable), 7,800km EAC2 (East Asia Crossing 2), 1,000km TIS (Thailand-Indonesia-Singapore), 2,500km AUFS-West (Alaska United Fiber System-West), 160km DMCS (Dumai-Melaka), 1,080km JASUKA (Indonesia Domestic), 350km EAC1 Qingdao Landing Extension, and 320km India - Sri Lanka Cable System.
NEC Corporation (NASDAQ: NIPNY) (FTSE: 6701q.l) is one of the world's leading providers of Internet, broadband network and enterprise business solutions dedicated to meeting the specialized needs of its diverse and global base of customers. NEC delivers tailored solutions in the key fields of computer, networking and electron devices, by integrating its technical strengths in IT and Networks, and by providing advanced semiconductor solutions through NEC Electronics Corporation. The NEC Group employs more than 140,000 people worldwide and had net sales of 4,855 billion yen (approx. $45 billion) in the fiscal year ended March 2005. For additional information, please visit the NEC home page at: http://www.nec.com.
