Alcatel-Lucent to Distribute TeraSpan Equipment in Northern Europe

TeraSpan Networks, Inc. a provider of cost effective, reliable fiber optic deployment solutions has signed an agreement with Alcatel-Lucent (NYSE: ALU) to distribute TeraSpan’s Vertical Inlaid Fiber products in the Nordic and Baltic countries of Europe. TeraSpan Networks, Inc. is the operating subsidiary of Ignition Point Technologies Corp. (TSX-V:IPN).

TeraSpan provides service providers with micro-channeling conduit deployment solutions that significantly reduce the labor of fiber network deployments and are significantly less disruptive to a municipality’s infrastructure and the community.

"We are delighted to have Alcatel-Lucent as a partner for our products. It is a great endorsement of the value we deliver in reducing cost and time for fiber deployments," said Neil McDonnell, Chief Executive Officer of TeraSpan. "Europe is leading the way in new deployments of fiber networks, and is at a tipping point for mass adoption. Historically, our clients find that fiber deployments are up to 70% faster with the TeraSpan solution, saving them considerable time and expense when providing last mile solutions for their customers. This productivity gain allows service providers to rapidly roll out advanced broadband applications such as VoIP and IP based TV."

 [April 16, 2008]

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