Die 1750% Chance? - 500 Beiträge pro Seite

[MH120480]

!

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[Brem]

PLIANT SYSTEMS hat leider einen Fehler
(vielleicht ist es auch ein Vorteil):
Es handelt sich um einen OTC Wert. Die sind im
Augenblick leider gar nicht beliebt.

Tipp: Sende doch eine Mail mit den Vergleichszahlen
an Pliant. Die werden sich schon äußern?
Daran erkennst Du auch, wie ernst sie Aktionäre
nehmen.

gruß brem

[Brem]

Ach ja: Vergiss nur nicht die
Antwort zu posten

[MH120480]

Pliant Systems Introduces Integrated ATM/TDM Access Platform

LAS VEGAS, Nev., May 9, 2000 /PRNewswire via COMTEX/ -- A new integrated
access platform that combines NGDLC and DSLAM functionality is being introduced
by Pliant Systems, Inc. at Networld + Interop 2000.

The Pliant(TM) 3000 Integrated Access Platform combines ATM/TDM switching and
copper/fiber transport to deliver voice, data and video services. It can be
deployed as a next generation digital loop carrier, a distributed DSLAM, a
multi-service access node or a single integrated access platform in a convergent
network.

Designed to relieve the strain on digital loop carrier systems caused by the
Internet explosion, the Pliant 3000 utilizes a distributed architecture to
deliver traditional telephony and emerging high bandwidth services deep into the
access network.

In announcing the new platform, David E. Orr, President and CEO of Pliant
Systems, Inc., said that the Pliant 3000 marks the next generation of access
products. According to Orr, the product will enable carriers to extend xDSL
services beyond traditional limits to the more than 50% of potential subscribers
who are not served by CO-based DSLAMS.

"By offering a full array of narrowband and broadband services, with the ability
to migrate from one to the other, the Pliant 3000 will give carriers the
flexibility they need in a dynamic market. At the same time, it will help lower
networking and operating costs by eliminating the need for parallel voice and
data networks," stated Orr.

The Pliant 3000 features an integrated high-capacity TDM and ATM backplane and
employs high-density circuit cards to provide the most economical solution for
current and emerging service requirements. Fully modular, it offers true "plug
and play" system migration.

Multiple deployment options, including point-to-point, star, ring and
tree-and-branch, allow the system to fit into existing networks and enable
carriers to make the best use of their expensive network facilities. The Pliant
3000 can be deployed in a mixed topology with some nodes supported in a
point-to-point configuration and other nodes in a star, ring or tree-and- branch
configuration.

There are four main elements to the Pliant 3000`s architecture: a host
controller, remote nodes, an Element Manager and a Craft Interface.

The Controller Shelf aggregates voice and data traffic for interconnection to
the network over switched narrowband, non-switched narrowband and wideband and
broadband ATM interfaces. GR-303, TR-008 switch protocols and DS-1, DS-3, STS-1
and OC-3c network interfaces are supported. By concentrating voice and data
traffic and providing a single point for interconnection to network interfaces
over a common transmission facility, the Controller Shelf fully utilizes
expensive network resources. A single Controller Shelf can provide service
interfaces for 2,048 POTS subscribers, 1,024 ATM ports or a mix of narrowband
and broadband data service interfaces.

The Node Shelf aggregates all voice and data traffic onto the span connections
back to the Controller Shelf. Span connections can be carried over copper and/or
fiber. Both the Controller and Node Shelves feature universal network, span and
service interface slots that support any mix of narrowband and broadband
interfaces.

A wide range of service cards are available with the Pliant 3000 to give
carriers the ability to add new services at a specific location quickly and
easily. Various enclosures and mounting options also are available including
hardened outdoor cabinets.

The Element Manager is the highly functional graphical user interface to the
Pliant 3000 Integrated Access Platform. It leverages emerging cross- platform
technology for increased customer control, operational efficiency and the timely
delivery of element functionality. Initially each Element Manager can control up
to 16 Controller Shelves and 448 Node Shelves.

The laptop-based Craft Interface Tool (CIT) provides enhanced Operations,
Administration, Maintenance and Provisioning functionality. All Node Shelves can
be viewed and controlled from their common Controller Shelf or from any
connected Node Shelf.

The company has received commitments for several field trials; information
regarding the trials will be available in late June.

Pliant Systems, Inc. (OTC Bulletin Board: PLNS) manufactures and markets
integrated access platforms for the telecommunications industry. The company is
headquartered in Research Triangle Park, N.C. The web site is
www.pliantsystems.com .

Mfg MH

[MH120480]

Pliant Systems Announces Innovative Demonstration of Integrated Voice/Data/Video Transport Over xDSL Planned for Supercomm 2000

RESEARCH TRIANGLE PARK, N.C., May 25, 2000 /PRNewswire via COMTEX/ -- Pliant
Systems, Inc. (OTC Bulletin Board: PLNS) today announced that it will conduct
one of the industry`s first live demonstrations of a high-capacity integrated
access system delivering ATM and TDM based services over xDSL-enabled copper
loops in June at Supercomm 2000 in Atlanta, GA.

During the demonstration, Pliant Systems, Inc. will show delivery of high- speed
data and video services originating on an OC-3c ATM backbone network, and
telephony services originating on a GR-303 switch interface, over a single
copper pair. The demonstration will take place using the Pliant 3000, which
combines next generation digital loop carrier (NGDLC) and digital subscriber
line access multiplexer (DSLAM) functionality in a single, carrier-class
integrated access platform.

Designed to relieve the strain on digital loop carrier systems caused by the
Internet explosion, the Pliant 3000 utilizes a distributed architecture to
deliver traditional telephony and emerging high bandwidth services deep into the
access network.

About Pliant Systems

Pliant Systems, Inc. (OTC Bulletin Board: PLNS) is a developer of integrated
multi-service access platforms for the telecommunications industry. Pliant
provides competitive local exchange carriers (CLECs) and incumbent local
exchange carriers (ILECs) with integrated access devices capable of delivering
voice, data and video services over diverse network topologies.

SOURCE Pliant Systems, Inc.


CONTACT: Product Information, Craig M. Swinn, Vice President, Marketing
& Sales of Pliant Systems, Inc., 919-405-4340, [e-mail]; or
Investor Relations, Gail D. Zona of Pliant Systems, Inc., 919-405-4618,
[e-mail]; or Media Relations, Kyle Marshall of Porter
Novelli Convergence Group, 919-834-1208, [e-mail]
(PLNS)

http://www.prnewswire.com

(C) 2000 PR Newswire. All rights reserved.



KEYWORD: North Carolina
INDUSTRY KEYWORD: CPR
MLM
SUBJECT CODE: OTC

Mfg MH

[Gintu]

!

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[MH120480]

Es geht nur um den Pliant 3000, die restlichen Produkte erscheinen uninteressant. Mit dem Pliant 3000 soll ein Verkaufsschlager werden, wenns klappt, denke ich, ist das mit de Bewertungsanpassung kein Problem!
Firmen die sich in der Entwicklungsphase befinden, haben nicht selten Rückläufige Sales!

Zum Kursverfall an sich, kann man sagen, das PLiant früher mal Broadband hiess und aus der Nasdaq flog...es ging da wohl um verzögerte financial releases...

Mfg MH

[MH120480]

Not to sound like a reporter here, but Goldman filed a registration statement March 10th showing they own 9.1% of PLNS. I own the shares lower and would be more aggessive on adding them now. They do have a product in beta that should be a huge hit.

Ich muss das mal nachprüfen, hab ich gerade gefunden.

Mfg MH

[MH120480]

Pliant Systems to Participate in the Telecom Investor Forum at SUPERCOMM 2000

RESEARCH TRIANGLE PARK, N.C., May 30, 2000 /PRNewswire via COMTEX/ -- Pliant
Systems, Inc. (OTC Bulletin Board: PLNS) announced today it has been invited to
participate in the Telecom Investor Forum at SUPERCOMM 2000. Pliant Systems`
President and CEO, David E. Orr, will be hosting a 25-minute presentation about
the company on Tuesday, June 6, at 12:00 p.m. He will discuss the company`s
business and marketing strategy as well as its new product, the Pliant(TM) 3000
Integrated Access Platform.

The Telecom Investor Forum is an interactive conference that brings
institutional investors, analysts, venture capitalists and the financial press
together with the telecommunications companies they follow. The forum is being
held at the Georgia World Congress Center in Atlanta, Georgia, on June 6 - 8,
2000, concurrently with SUPERCOMM 2000. One of the 50 presenting companies,
Pliant Systems is also one of the nearly 800 exhibitors at SUPERCOMM 2000. Live
demonstrations of the Pliant 3000 will be also given at Pliant Systems` booth,
#8751. More information on the Telecom Investor Forum can be found at
http://www.telecominvestor.com.

"We are very excited about this opportunity to present our unique business model
with other leaders in the telecommunications industry," said Mr. Orr. "As a
leading developer of multi-service access systems for the telecommunications
industry, we are ideally suited to participate in the Telecom Investor Forum."

Pliant Systems, Inc. develops, manufactures and markets integrated multi-service
access platforms for the telecommunications industry. The company provides
competitive local exchange carriers (CLECs) and incumbent local exchange
carriers (ILECs) with integrated access devices capable of delivering voice,
data and video services over diverse network topologies. The company`s web site
is http://www.pliantsystems.com.

SOURCE Pliant Systems, Inc.


CONTACT: Product Information, Craig M. Swinn, Vice President, Marketing
& Sales, 919-405-4340, [e-mail], or Investor Relations, Gail
D. Zona, 919-405-4618, [e-mail], both of Pliant Systems,
Inc.; or Media Relations, Kyle Marshall of Porter Novelli Convergence Group,
919-834-1208, [e-mail], for Pliant Systems, Inc.
(PLNS)

http://www.prnewswire.com

(C) 2000 PR Newswire. All rights reserved.

KEYWORD: North Carolina
INDUSTRY KEYWORD: MLM
TLS
CPR
SUBJECT CODE: OTC
TDS

Mfg MH

[MH120480]

Telecom Investor Forum Adds 22 Communications Companies to Presenter List

ARLINGTON, Va., May 31, 2000 (BUSINESS WIRE) -- The Telecom Investor Forum at
SUPERCOMM 2000 today announced the addition of 22 companies to its presenter
list. These companies join 29 others that are among the communication industry`s
most innovative and fastest growing.

The Telecom Investor Forum, www.telecominvestor.com, will bring together more
than 50 CEOs and senior executives of pre-IPO and public companies and put them
face-to-face with senior analysts, institutional investors, venture capitalists
and financial press. The three-day event will allow industry professionals to
track the direction of industry transformations by putting them in touch with
hundreds of key players and technologies. Financial professionals will be able
to visit the presenting companies` booths, along with more than 700 other
companies to see the technologies and services represented on the show floor.
The Telecom Investor Forum is being held June 6-8 at the Georgia World Congress
Center in Atlanta, in conjunction with SUPERCOMM 2000.

Companies providing solutions for optical networking, transport, packet
switching, terabit routers, access, wireless, and telecom software will have the
opportunity to explain how they expect their products to reshape the current
network architecture at this year`s Forum. Those recently added to the presenter
list include:


-- AccessLan Communications, Inc.
Mike Pisterzi, CEO

-- ADC Telecommunications, Inc.
Lynn Davis, President, Broadband Connectivity Group

-- Agilent Technologies
John O`Rouke, General Manager, Optical Networking Division

-- BroadSoft
Michael Tessler, President and CEO

-- Calient Networks
Charles Corbalis, Founder, President & CEO

-- Centillium Communications, Inc.
Faraj Aalaei , CEO and Co-Founder

-- EmpowerTel Networks
Ajit Medhekar, Chairman, President & CEO

-- Hyperchip, Inc.
Richard Norman, President & CEO

-- HyperEdge
Donald R. Mulder, CEO

-- ipVerse
Arthur Klein, President and CEO

-- Lightchip, Inc.
William Peck , President & CEO

-- mPhase Technologies, Inc.
Ronald A. Durando, CEO

-- Numerex Corp.
Stewart Drennan, President of Cellemetry LLC

-- Orckit Communications
Aviv Boim, CFO

-- OTelNet
Mohammad Kazerouni, CEO

-- Pliant Systems, Inc.
David E. Orr, President and CEO

-- RiverStone

-- Sorrento Networks, Inc.
Dr. Xin Cheng, CEO
Oren Shaffer, President

-- Taqua Systems, Inc.
David W. Michaud, CEO

-- Tollgrade Communications, Inc.
Chris Allison, Chairman and CEO
Sam Knoch, CFO

-- VIPswitch, Inc.
Luc Beaubien, President & CEO

-- Wavtrace, Inc.
Thomas T. van Overbeek, CEO

Other presenting companies at the Forum will include:

Amber Networks Aplion Networks Appian Communications, Inc. Architel Systems
Corporation Astral Point Communications, Inc. Avanex Corporation BrightLink
Networks, Inc. BusinessEdge Solutions, Inc. CEON Corporation Chromatis Networks
Convergent Networks CopperCom, Inc. Copper Mountain Networks, Inc. Efficient
Networks, Inc. Ensemble Communications Granite Systems, Inc. Malibu Networks
MetaSolv Software, Inc. MRV Communications, Inc. NexTone Communications PARADYNE
Networks, Inc. Quintessent Communications, Inc. Santera Systems Inc. Sonus
Networks, Inc. Syndesis Tellium, Inc. Westell Technologies, Inc. ZAFFIRE, Inc.
Zhone Technologies

The Telecom Investor Forum at SUPERCOMM 2000 has selected RHK, Inc. as its
Research Partner. Battery Ventures, Credit Suisse First Boston Technology Group
and Mayfield Fund will each sponsor a luncheon at the event. Charles River
Ventures will sponsor the event`s First Night Cocktail Reception. The Telecom
Investor Forum Program Guide will be sponsored by Chubb & Son.

In addition to the above, other Industry Partners for the Telecom Investor Forum
will include Andersen Consulting; Broadview; Ferris, Baker Watts; Houlihan Lokey
Howard & Zukin; Sprout Group; vcapital.com; and Wasserstein Perella & Co., Inc.
The Forum also has selected Broadband Publishing; The Capital Connection;
Forbes; Global Telecoms Business; Tech Finance News; TelecomClick; Telecom
Direct; Telecom Financing Week; Telecom Investor; and vFinance.com as its Media
Partners.

For information on the Telecom Investor Forum at SUPERCOMM, call 1-312-559-3650
or visit the Web site at www.telecominvestor.com. For information on attending
the Forum, e-mail [e-mail].

For information on attending SUPERCOMM 2000, call 1-800-2-SUPERC (278-7372) or
outside the U.S., call 1-312-559-3327. Visit the official SUPERCOMM 2000 Web
site at www.supercomm2000.com for up-to-the-minute information.

SUPERCOMM, the premier annual communications and information technology
exhibition and conference, is presented jointly by the Telecommunications
Industry Association (TIA), www.tiaonline.org, Arlington, Va. and the United
States Telecom Association (USTA), www.usta.org, Washington, DC.

CONTACT: The Telecom Investor Forum
by
SUPERCOMM
Cynthia Spencer
703/761-2542, [e-mail]

URL: http://www.businesswire.com
Today`s News On The Net - Business Wire`s full file on the Internet
with Hyperlinks to your home page.

Copyright (C) 2000 Business Wire. All rights reserved.

Distributed via COMTEX.

KEYWORD: VIRGINIA
INDUSTRY KEYWORD: INTERNET
TELECOMMUNICATIONS
BANKING
TRADESHOW

Mfg MH

[MH120480]

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[MH120480]

Glitz, Not Techno-Babble Marks Atlanta Communications-Technology Show

Jun. 8 (The News & Observer/KRTBN)--ATLANTA--The crowd is captivated by gaudily
clad performers undulating on stage as synthesizer music pulse and colored
lights wash over them. Towering above, a clown demonstrates a daring feat of
balance atop a tall stack of chairs.

And this is just the warmup act.

A few paces away, a platoon of Alcatel employees in peach-colored

shirts waits to snare members of the entranced crowd and talk about ... DSL
broadband service and optical-network solutions.

Huh?

The nuts and bolts of Internet and telephone network gear like

Alcatel`s may be inscrutable and boring to the uninitiated. But at Supercomm
2000 -- a communications technology trade show that has drawn 60,000 people from
around the globe -- a carnival atmosphere reigns. Companies jockeying for the
attention of prospective technology buyers use any and all gimmicks. Other
entertainment includes sand sculpture, bicycle tricksters flying off ramps, and
a ragtime band.

Those taking it all in range from representatives of small communications
companies in Alabama to an engineer from Nouakchott, Mauritania.

Among the 800 companies showing off their wares are large technology employers
in Research Triangle Park like Cisco Systems and Nortel Networks, as well as
smaller companies like Tekelec and Pliant Systems.

In five halls encompassing 450,000 square feet, these companies have set up
elaborate booths staffed with teams of sales and marketing people easily
identified by their uniforms: golf shirt with company logo, tucked neatly into
black or brown slacks. At each booth, they swing into action, expertly
describing what, exactly, those rows of metal boxes with hundreds of protruding
wires do, and why no one else can compete with their "robust, reliable and
scalable solution."

Strictly speaking, consumers have nothing to relate to here. But the routers,
switches and voice-over-Internet Protocol devices on display are the building
blocks of new information infrastructures that phone companies and Internet
service providers are introducing. With such equipment, companies like BellSouth
and AT&T plan to sell wireless devices that can play full-motion video, offer
free calls over the Internet, and make Web sites deliver amazing services with
no waiting time.

"Most of the people that I talk to here are [communications] carriers, and they
understand this stuff," says Peter Marconi, a vice president for Lucent
Technologies. He is showing off a terabit router that moves Internet data at
very fast speeds. "But earlier, we had a whole contingent from Russia, and I had
to figure out how to explain it for the translator."

For Alcatel, a French networking company that employs 1,400 at its Raleigh
office, the show is an opportunity to tell prospective customers about its new
products in the network arena.

"We`re on a collision course with Cisco," says Jay Fausch, a senior marketing
director for Alcatel`s Raleigh office.

The fanfare of Supercomm is fed more by the competition among the companies than
the technology. The promise that the new technological solutions will create
great wealth is constantly hammered home.

In a slickly produced video at the Nortel booth, viewers are told that the
unfolding Internet economy will be worth $3 trillion in the coming years, but
only for those equipped with powerful networks. If companies buy Nortel`s
products, they can build "a relationship so positive that customer satisfaction
doesn`t begin to describe it," a suave screen personality says. Then "you can
get a piece of that $3 trillion pie."

"The most important reason we`re here is the customer," says Clarence Chandran,
president of Nortel`s Service Provider and Carrier Group.

While technology giants like Cisco, Lucent and Nortel dominate the show, most of
the booths are occupied by lesser-known companies battling to create awareness.
Many are only a few years old and have yet to make serious money, so the stakes
are higher. So they have stand-up comics, actors and musicians to raise the
showmanship to new levels, to attract customers and investors.

Net.com, a network management company based in Freemont, Calif., assaults
competitor Redback Networks of Sunnyvale, Calif., with a band pitching products
to the tune of "Love Shack," a pop hit by the B-52s. "Redback -- you`re under
attack," the performers sing, informing the crowd that Net.com has "a vision to
make you lots of money."

Oki Systems hired Terri Turco, a Broadway singer, actress and 10-year veteran of
trade show performances, to deliver the gospel of its Internet telephone service
device.

"We offer a fully integrated, end-to-end solution for PBX switches," she says
with authority before throwing T-shirts and cards that allow free long-distance
calls into the crowd.

"You have to learn about the technology and deliver it with personality and
humor," she says later.

At Pliant Systems, marketing vice president Craig Swinn has a softer sell.
Pliant offers phone companies devices for regular telephone service and
high-speed Internet access. Swinn and his sales team calmly explain their
products to passersby.

Even as consumer-oriented dot-coms without revenue begin to bite the dust,
optimism for the smaller infrastructure companies is well-founded, says Lucent`s
Marconi. "I don`t think these guys are desperate. This is a revolutionary time."

By Dan Egbert

To see more of The News & Observer, or to subscribe to the newspaper,
go to http://www.news-observer.com.

(c) 2000, The News & Observer, Raleigh, N.C. Distributed by Knight
Ridder/Tribune Business News.

Mfg MH

[MH120480]

Comms still putting out a call for qualified engineers

Jun. 13, 2000 (Electronic Engineering Times - CMP via COMTEX) -- If a recruiter
told you the job market for communications engineers continues to disappoint,
with a glut of talented workers to fill few openings, you`d laugh in disbelief.
The comms job market remains blisteringly hot.

Growth is big on both the telecom and Internet sides, said Charles Moore, vice
president of wireless staffing for Active Wireless, an international recruiting
house based outside of Daytona, Fla., in New Smyrna Beach. "We`re seeing a huge
increase in all levels. It doesn`t matter if it`s MS or BS [degree holders] all
the way down to those with technical training who took a two-week course" at a
local community college, Moore said.

"If you were to quit your job today you`d have phone calls and a couple of
offers in a couple of days," Moore said.

The bigger companies Moore deals with tend to want engineers with five to seven
years of experience, preferably in wireless applications protocols and broadband
wireless. But that raises a paradox. "There is not a Web developer or a
broadband wireless [techie] with over two years of experience," because the
technology simply hasn`t been around that long, he said. "Some bigger companies
can`t get over this philosophy. We have to re-educate them. I tell my
recruiters, `When you`re talking to a client, tell them God is not available and
neither is Bill Gates, so you`re going to have to settle.` "

Teligent, one of the more prominent names in the growing armada of telecom
companies, has a number of openings for EEs. In Vienna, Va., the company is
looking for a wireless technology engineer to "identify, analyze and transition
next generation telecommunications technology into Teligent`s wireless network."
Applicants should have a BSEE (MSEE preferred) and three to seven years of
experience in "wireless telecommunications fundamentals, including RF
propagation, link budgets, antennas and modulation (experience with
point-to-multipoint and/or RF planning tools a plus)." Applicants should also be
familiar with RF test equipment and be "computer literate"-a quaint job spec in
today`s computer-essential economy.

In Reston, Va., Teligent is looking for a first-level microwave engineer with a
BSEE and two to three years of experience in the microwave or RF industry. And
in Charlotte, N.C., Teligent needs an RF engineer with a BSEE and experience
using field measurement equipment. Applicants should also be familiar with
designing and evaluating rooftop antenna installation and have experience
"troubleshooting radio systems and performing systems optimization."

Efficient Networks (Dallas) has positions for both hardware and software
engineers. The company needs an embedded software engineer with a BSEE or BSCS
and three to five years of experience developing in C for real-time operating
systems. Qualified candidates also have a background in one or more of the
following: the Motorola 850/860 processor family; real-time embedded OS
programming ("VxWorks a plus"); IP, TCP/UDP, PPP or other communications
protocols; and RIP, OSPF, NAPT and other routing protocols.

Efficient is also looking for an analog engineer to work in Santa Clara, Calif.,
designing and testing DSL-based voice products. Applicants need a BSEE and five
to seven years of experience in hardware design and development for embedded
systems. Candidates should be familiar with schematic capture and simulation and
layout tools.

Pliant Systems (Research Triangle Park, N.C.), the erstwhile Broadband
Technologies, is a networking company with several vacancies to fill. One is for
a senior systems test engineer specializing in telephony. Applicants should have
a BS and at least five years of work experience in the telecom field. They
should also have a background in access networks (such as GR-303 and TR-08),
"working knowledge and/or test experience with DS1/Sonet telephony interfaces,"
and experience with "Schlumberger, Abacus, Smart Bits, HP BSTS."

Finally, SBC Communications which has numerous engineering openings across the
country, including positions for systems engineers in Boston and Toronto,;power
engineers in Detroit, Chicago and Columbus, Ohio; and design engineers in
Sacramento.

http://www.eetimes.com/

By: ADAM MARCUS
Copyright 2000 CMP Media Inc.

Mfg MH

[Costa]

Hallo MH,
bei Yahoo finde ich unter Profil zu PLNS folgende Angaben zu Umsatz und Verlust.

Pliant Systems is engaged in the design and engineering of electronics and software platforms for operators of local exchange telephone networks in North America. For the three months ended 3/31/00, revenues rose 58% to $6.6 million. Net loss rose 24% to $6.7 million. Revenues reflect the completion of development project milestones under the agreement with Lucent. Higher loss reflects expenses associated with the development of Pliant 3000.

Du schreibst im ersten Text:
Das Unternehmen setzte im Jahre 1999 ca. 34 Millionen Dollar um und generierte einen Verlust von 26 Millionen Dollar. Die Marktkapitalisierung liegt bei 69,9 Millionen Dollar!

Selbst wenn sich der Text oben auf 3 Monate bezieht, komm ich im Jahr nur auf 4x6.6 M$= 26 Million Umsatz, abzüglich 58% Ertragswachstum.
MK z.Z. 97 Mio.
Wo liegt denn der Fehler?
Gruß
Costa

[MH120480]

Das ein Geschäftsjahr, von Quartal zu Quartal nicht linear wächst, weiterhin sollte sich durch den Pliant 3000, hier verweise ich auf obige Texte, welcher eine gute Chance haben dürfte sich am Markt durchzusetzen, ein starkes Wachstum einstellen. Auch zu bedenken sind die Bestellrückstellungen wegen dem Jahr 2000, welche vorallem das 1. Quartal belasteten, welches ohnehin in der Hardware-Branche traditionell das schlechteste ist.

Heute kam folgende Meldung:

Pliant Systems Appoints Norman R. Robertson to Board of Directors

RESEARCH TRIANGLE PARK, N.C., Jun 20, 2000 /PRNewswire via COMTEX/ -- Pliant
Systems, Inc. (OTC Bulletin Board: PLNS) today announced the appointment of
Norman R. Robertson to the company`s Board of Directors.

"We are pleased that Mr. Robertson is joining our Board of Directors. His
addition will supplement the Board`s financial depth. Mr. Robertson`s extensive
financial experience in several high-growth technology companies will assist the
Board in addressing the critical financial issues facing the company," said
David E. Orr, President and CEO of Pliant Systems.

Robertson brings to the company thirty years of financial management expertise,
primarily in high-tech companies ranging in size from start-up to over $800
million in revenue. Robertson is currently the Vice President of Finance and
Chief Financial Officer of Progress Software Corporation in Bedford,
Massachusetts, a leading supplier of Internet application development and
deployment software. Previously, he was Treasurer and Director of Finance and
Administration with M/A-COM Inc., a leading supplier of semiconductors and
components to the wireless telecommunications, surveillance and defense-related
industries.

"I am enthusiastic about joining the Board of Directors of Pliant Systems and
look forward to working with the management team. I am excited about the market
and product opportunities of the company as it positions itself in the access
market," Mr. Robertson said.

Robertson also spent eight years with Fisher Scientific Company and
Instrumentation Laboratory, manufacturers and distributors of high-tech
instruments and laboratory products, where he was responsible for Finance and
Administration activities. Prior to holding that position, he was the CFO for a
start-up company, Progressive Technologies, Inc., where he was responsible for
securing venture capital funding and a bank credit line. He has also held key
financial management positions in several larger high technology equipment
companies.

Pliant Systems, Inc. is a developer and manufacturer of integrated multi-service
access platforms for the telecommunications industry. The company provides
competitive local exchange carrier (CLECs) and incumbent local exchange carriers
(ILECs) with integrated access systems capable of delivering voice, data and
video services over diverse network topologies. The company`s web site is
http://www.pliantsystems.com.

SOURCE Pliant Systems, Inc.


CONTACT: Investor Relations - Gail D. Zona, Investor Relations,
919-405-4618, [e-mail], for Pliant Systems, Inc.; or Media
Relations - Kyle Marshall of Porter Novelli Convergence Group, 919-834-1208,
[e-mail], for Pliant Systems, Inc.

URL: http://www.pliantsystems.com
http://www.prnewswire.com

(C) 2000 PR Newswire. All rights reserved.

-0-


KEYWORD: North Carolina
INDUSTRY KEYWORD: TLS
SUBJECT CODE: PER
OTC[/i]

[MH120480]

Pliant Systems, Inc. Retains Thomson Financial Investor Relations

RESEARCH TRIANGLE PARK, N.C., Jun 26, 2000 /PRNewswire via COMTEX/ -- Pliant
Systems, Inc. (OTC Bulletin Board: PLNS) announced that it has retained Thomson
Financial Investor Relations as its investor relations counsel. TFIR will
provide strategic planning and execution for Pliant Systems` communications
efforts with investors and analysts.

David E. Orr, President and Chief Executive Officer of Pliant Systems, said, "We
are proud to announce our engagement of Thomson Financial Investor Relations as
we embark on a more pro-active dialogue with the investment community. We
believe TFIR will play a key role in helping to communicate Pliant Systems`
story, and we look forward to a successful relationship with them."

Thomson Financial Investor Relations, a division of Thomson Financial, assists
corporations worldwide in identifying, analyzing and communicating with their
shareholders. TFIR provides full consulting services, from message development,
media relations, M&A and spin-off analysis to market surveillance and
shareholder targeting. TFIR also offers a number of proprietary communications
and database tools, including First Call and IR Universe, a full-solution
Internet application. TFIR serves over 3,500 corporations worldwide. For more
information on Thomson Financial Investor Relations, please visit
http://www.thomsonir.com.

About Thomson Financial

Thomson Financial is a US$1.2 billion provider of information services and work
solutions to the worldwide financial community. Through the widest range of
products and services in the industry, Thomson Financial helps clients in more
than 70 countries make better decisions, be more productive and achieve superior
results. Thomson Financial is part of The Thomson Corporation, one of the
world`s leading information companies. With annual revenues of more than US$6
billion, Thomson has interests in specialized information and newspaper
publishing. The corporation`s common shares are listed on the Toronto and London
stock exchanges. For more information on Thomson Financial, visit
http://www.thomsonfinancial.com.

About Pliant Systems

Pliant Systems, Inc. designs, manufactures and markets integrated multi-service
access platforms for the telecommunications industry. The company provides
competitive local exchange carriers (CLECs) and incumbent local exchange
carriers (ILECs) with integrated access systems capable of delivering voice,
data and video services over diverse network topologies. The company`s primary
product, the Pliant(TM) 3000 Integrated Access Platform, is designed to relieve
the strain on digital loop carrier systems caused by the Internet explosion,
utilizing a distributed architecture to deliver traditional telephony and
emerging high-bandwidth services deep into the access network. The company`s web
site is http://www.pliantsystems.com.

This release contains forward-looking statements about the company`s
performance. Forward-looking statements contained in this release include
statements about the development and introduction of the company`s new access
product, product features, product demonstrations and customer field trials. The
company`s Form 10-K, 10-Qs and other documents on file with the Securities and
Exchange Commission identify important factors that could cause actual results
to differ materially from those indicated by forward-looking statements.
However, the outcome of forward-looking statements are beyond the ability of the
company to control and in many cases could cause actual results to differ
materially from those indicated by the forward-looking statements.

SOURCE Pliant Systems, Inc.


CONTACT: Investor Relations, Gail D. Zona, 919-405-4618,
[e-mail]; or Product Information, Craig M. Swinn, Vice
President, Marketing & Sales, 919-405-4340, [e-mail]; or Media
Relations, Kyle Marshall of Porter Novelli Convergence Group, 919-834-1208,
[e-mail], all for Pliant Systems, Inc.
(PLNS)

http://www.prnewswire.com

(C) 2000 PR Newswire. All rights reserved.

-0-

KEYWORD: North Carolina
INDUSTRY KEYWORD: TLS
SUBJECT CODE: OTC

Mfg MH

[MH120480]

Monday June 26, 4:05 pm Eastern Time
Company Press Release
SOURCE: Pliant Systems, Inc.

Pliant Systems, Inc. Retains Thomson Financial Investor Relations

RESEARCH TRIANGLE PARK, N.C., June 26 /PRNewswire/ -- Pliant Systems, Inc. (OTC Bulletin Board: PLNS - news) announced that it has retained Thomson Financial Investor Relations as its investor relations counsel. TFIR will provide strategic planning and execution for Pliant Systems` communications efforts with investors and analysts.

David E. Orr, President and Chief Executive Officer of Pliant Systems, said, ``We are proud to announce our engagement of Thomson Financial Investor Relations as we embark on a more pro-active dialogue with the investment community. We believe TFIR will play a key role in helping to communicate Pliant Systems` story, and we look forward to a successful relationship with them.``

Thomson Financial Investor Relations, a division of Thomson Financial, assists corporations worldwide in identifying, analyzing and communicating with their shareholders. TFIR provides full consulting services, from message development, media relations, M&A and spin-off analysis to market surveillance and shareholder targeting. TFIR also offers a number of proprietary communications and database tools, including First Call and IR Universe, a full-solution Internet application. TFIR serves over 3,500 corporations worldwide. For more information on Thomson Financial Investor Relations, please visit http://www.thomsonir.com.

About Thomson Financial

Thomson Financial is a US$1.2 billion provider of information services and work solutions to the worldwide financial community. Through the widest range of products and services in the industry, Thomson Financial helps clients in more than 70 countries make better decisions, be more productive and achieve superior results. Thomson Financial is part of The Thomson Corporation, one of the world`s leading information companies. With annual revenues of more than US$6 billion, Thomson has interests in specialized information and newspaper publishing. The corporation`s common shares are listed on the Toronto and London stock exchanges. For more information on Thomson Financial, visit http://www.thomsonfinancial.com.

About Pliant Systems

Pliant Systems, Inc. designs, manufactures and markets integrated multi-service access platforms for the telecommunications industry. The company provides competitive local exchange carriers (CLECs) and incumbent local exchange carriers (ILECs) with integrated access systems capable of delivering voice, data and video services over diverse network topologies. The company`s primary product, the Pliant(TM) 3000 Integrated Access Platform, is designed to relieve the strain on digital loop carrier systems caused by the Internet explosion, utilizing a distributed architecture to deliver traditional telephony and emerging high-bandwidth services deep into the access network. The company`s web site is http://www.pliantsystems.com.

This release contains forward-looking statements about the company`s performance. Forward-looking statements contained in this release include statements about the development and introduction of the company`s new access product, product features, product demonstrations and customer field trials. The company`s Form 10-K, 10-Qs and other documents on file with the Securities and Exchange Commission identify important factors that could cause actual results to differ materially from those indicated by forward-looking statements. However, the outcome of forward-looking statements are beyond the ability of the company to control and in many cases could cause actual results to differ materially from those indicated by the forward-looking statements.

SOURCE: Pliant Systems, Inc.

Mfg MH

[Erbse1]

Hab noch was zu PLNS gefunden.
----------------------------------------------------------------------
Mantra Launches Industry Partner Program
Wed Jul 12 12:24:00 EDT 2000

GERMANTOWN, Md., Jul 12, 2000 (BUSINESS WIRE) --

Seven Major Vendors Join Mantra`s IRX(TM) Partner Program,
Partner with Mantra to Enable Dynamic Service Delivery Solutions

Mantra, the leading vendor of dynamic service delivery, today introduced its
IRX(TM) Industry Partner Program, and announced the first seven member companies
to join the program. Mantra`s IRX is the first software solution that allows
providers selling real-time content, networked applications, and broadband
access services to maximize the profit-generating services they deliver on both
their network and application infrastructures. It is also the first solution to
offer providers a unique, business-driven approach to the delivery of
applications, services and content.

In order for Mantra`s IRX software solution to successfully deliver dynamic
services, it must interface with providers` external systems and integrate with
those third-party products and technologies upon which providers rely. IRX
integrates with application platforms, network devices, and storage systems, and
includes open interfaces to connect with:


--Network management systems;
--Order entry systems;
--Provisioning systems;
--Trouble ticketing systems; and,
--Back-office billing systems.

Participating strategic partners are working closely with Mantra to ensure that
IRX can support and integrate with their advanced products and technologies.

"We are excited to work with Mantra," said George Prodan, Vice President of
Marketing at Extreme Networks, the most recent partner to join the program. "We
view the functionality from the combined solution to be critical in delivering
on service level agreements and differentiated services that service providers
must furnish in today`s demanding environments. It`s great to have the higher
level software that leverages our advanced quality of service features."


Mantra`s current partners include:

--Extreme Networks (NASDAQ: EXTR), a leading provider of high-performance,
multi-layer network solutions;

--Portal Software Inc. (NASDAQ: PRSF), a leading provider of business
infrastructure software for Internet and next-generation communications
services;

--Hughes Network Systems, a Hughes Electronics Corporation company (NYSE: GMH),
a world leader in telecommunications technology-- satellite, digital cellular,
frame relay, ATM, and IP switching;

--Pliant Systems, Inc. (OTCBB: PLNS), a leading provider of integrated
multi-service access platforms for the telecommunications industry;

--Lucent Technologies Microelectronics Group (NYSE: LU), a leading provider of
advanced service delivery semiconductors;

--Sun Microsystems, Inc. (NASDAQ: SUNW), a leading provider of
industrial-strength hardware, software and services; and,

--Wind River Systems, Inc. (NASDAQ: WIND) a leading provider of embedded
software and services for smart devices.

Other Mantra partners had this to say:

"Mantra`s feature-rich, real-time service delivery infrastructure software
enhances the value proposition of the Pliant 3000 Integrated Access Platform,"
said Craig Swinn, Vice President, Sales and Marketing at Pliant Systems.

"We saw a tremendous benefit in Mantra`s solution and their domain knowledge
helped us to bring our broadband products to the market faster with the
capabilities that our customers need to execute their business plan," said
Pradeep Kaul, Executive Vice President at Hughes Network Systems.

"Users are demanding personalized, value-added services as they want them and
when they want them," said Mantra Executive Vice President Neil Snyder. "That`s
why we have established an active industry partner program. As the developers of
the first provider platform for dynamic service delivery, it is critical that we
partner with the leading vendors of complementary solutions and base
technologies, such as Extreme Networks, Pliant Systems and Hughes Network
Systems. By working together with our partners, we will help transform service
delivery from a static connectivity model to one of dynamic, personalized
buying, selling and delivery of high-value services."

IRX enables providers to market, sell, and cross-sell the delivery of
customer-driven premium services across heterogeneous network and application
infrastructures. IRX integrates with existing management systems, business
support systems, operational support systems, network elements, and applications
platforms to streamline and automate the provider`s business processes. The
result is a solution that empowers providers to market network and application
services in incremental bundles, and at premium levels. IRX enables content
providers, networked application providers, and service providers to:

--Offer business-driven services over heterogeneous infrastructures


--Deliver premium, revenue-bearing services
--Deliver these services in real time
--Deliver prioritized levels of services
--Maximize ROI through cost-based use of available infrastructure

About Mantra

Founded in 1997, Mantra is the leading vendor of dynamic service delivery for
content providers, networked application providers and broadband access service
providers. Mantra`s carrier-class software solution, Intelligent Resource
Exchange (IRX) is the first solution that allows providers to maximize the
profit-generating services they deliver on both their network and application
infrastructures. IRX offers providers a unique, business-driven approach to the
delivery of applications, services and content. As the first provider platform
for the dynamic delivery of customer-driven, personalized services on an
end-to-end basis, IRX enables providers to give their customers the ability to
demand personalized, value-added services as they want them, when they want
them. Mantra`s IRX transforms the service delivery business model from static to
dynamic and real-time. Mantra is a privately held company based in Germantown,
MD. For more information, visit Mantra on the Web at www.mantranet.com or call
[phone].

Mantra, Intelligent Resource Exchange, and IRX are trademarks of Mantra. All
other trademarks are the property of their respective owners.

Note: A Photo is available at URL:
http://www.businesswire.com/cgi-bin/photo.cgi?pw.071200/bb2" target="_blank" rel="nofollow ugc noopener">http://www.businesswire.com/cgi-bin/photo.cgi?pw.071200/bb2


CONTACT: The Launch Company
Sally Glass or Frank Pietrucha
202/986-6918
[e-mail]

URL: http://www.businesswire.com
Today`s News On The Net - Business Wire`s full file on the Internet
with Hyperlinks to your home page.

Copyright (C) 2000 Business Wire. All rights reserved.



----------------------------------------------------------------------

[MH120480]

Pliant Systems Inc. (OTC Bulletin Board: PLNS) to Host Conference Call

Pliant Systems Inc.`s President & CEO, David E. Orr, and its CFO, John Autrey,
will host a conference call to discuss company results for the second quarter
ended June 30, 2000, subsequent to the release of the quarterly results after
the close of the market. Call details are as follows:


Call Date: Tuesday, July 25, 2000

Time: 5:00 p.m. EDT / 4:00 p.m. CDT / 2:00 p.m. PDT

Please dial in at least 15 minutes before the call is scheduled to begin

Dial-In Number: 800-450-0785

Webcast Will Be Available At: http://www.pliantsystems.com

A replay of the call will also be made available on Streetfusion.com.

Please confirm your participation by faxing a page with the following data to
212-363-3971 as soon as possible.


-- Yes, you can attend
-- You have conflict, but are interested
-- No interest
-- Remove From List

NAME:
POSITION:
IF ANALYST:
-- Buy-Side
-- Sell-Side
COMPANY:
ADDRESS:
CITY, STATE,ZIP:
TELEPHONE:
FAX:
E-MAIL:

Pliant Systems Inc., located in Research Triangle Park, N.C., designs,
manufactures and markets integrated multi-service access platforms for the
telecommunications industry. The company provides competitive local exchange
carriers (CLECs) and incumbent local exchange carriers (ILECs) with integrated
access systems capable of delivering voice, data and video services over diverse
network topologies. The company`s primary product, the Pliant(TM) 3000
Integrated Access Platform, is designed to relieve the strain on digital loop
carrier systems caused by the Internet explosion, utilizing a distributed
architecture to deliver traditional telephony and emerging high-bandwidth
services deep into the access network. The company`s web site is
http://www.pliantsystems.com.

SOURCE Pliant Systems Inc.


CONTACT: Investor Relations - Gail D. Zona, Investor Relations of
Pliant, 919-405-4618, [e-mail]; or Media Relations - Kyle
Marshall of Porter Novelli Convergence Group, 919-834-1208,
[e-mail], for Pliant

URL: http://www.pliantsystems.com
http://www.prnewswire.com

(C) 2000 PR Newswire. All rights reserved.

-0-


KEYWORD: North Carolina
INDUSTRY KEYWORD: TLS
SUBJECT CODE: OTC

Mfg MH

[MH120480]

Pliant Systems Declared WSTA Innovations 2000 Winner

RESEARCH TRIANGLE PARK, N.C., Jul 20, 2000 /PRNewswire via COMTEX/ -- Pliant
Systems Inc. (OTC Bulletin Board: PLNS) announced today that the Wisconsin State
Telecommunications Association named Pliant Systems the Innovations 2000 winner
at the WSTA convention held in May. The company won the voting with its Pliant
3000(TM) Integrated Access Platform.

The Innovations 2000 award recognizes products that provide new and innovative
services to telecommunications carriers. Companies that are introducing new
products in 2000 are eligible for the award. This year`s new products ranged
from interface cards that provide new services to access systems such as the
Pliant 3000. WSTA members from the more than 80 local telephone companies in
Wisconsin participated in the voting.

"The selection by the WSTA is important because the member companies represent a
large segment of the market the Pliant 3000 Integrated Access Platform was
designed to serve," said Craig Swinn, Vice President of Sales and Marketing for
Pliant Systems. "The integrated ATM/TDM platform, with its distributed
deployment options providing traditional telephone as well as emerging broadband
services, ideally fits the diverse network topologies of the suburban/rural
local exchange carrier market."

The Pliant 3000 integrates voice, data and video services onto a single
distributed access platform, reducing equipment, management and operations
costs. It is designed to combine ATM and TDM switching with copper and fiber
transport to deliver telephony and high bandwidth services. The Pliant 3000 can
be deployed as a next generation digital loop carrier, a distributed DSLAM, a
multi-service access node or a single integrated access platform in a convergent
network.

The WSTA is a Madison-based trade organization representing all 83 local
telephone companies, 57 of the state`s Internet service providers (ISPs), and
six of the state`s wireless carriers. Since 1910, the WSTA has served as a
unified voice for its members in matters of interest to legislators, regulators
and the public. Interacting within its nationwide network of telecommunications
experts, WSTA serves as a clearinghouse for pertinent and accurate information
for its members.

Pliant Systems Inc. designs, manufactures and markets integrated multi-service
access platforms for the telecommunications industry. The company provides
competitive local exchange carriers (CLECs) and incumbent local exchange
carriers (ILECs) with integrated access systems capable of delivering voice,
data and video services over diverse network topologies. The company`s primary
product, the Pliant 3000 Integrated Access Platform, is designed to relieve the
strain on digital loop carrier systems caused by the Internet explosion,
utilizing a distributed architecture to deliver traditional telephony and
emerging high-bandwidth services deep into the access network. The company`s web
site is http://www.pliantsystems.com.

Any forward-looking statement contained in this release reflects management`s
current expectations or beliefs. The company`s Form 10-K, 10-Qs and other
documents on file with the Securities and Exchange Commission identify important
factors that could cause actual results to differ materially from those
indicated by forward-looking statements. However, the outcome of forward-looking
statements are beyond the ability of the company to control and in many cases
could cause actual results to differ materially from those indicated by the
forward-looking statements.

SOURCE Pliant Systems Inc.


CONTACT: Product Information: Craig M. Swinn, Vice President, Marketing
& Sales, 919-405-4340, [e-mail], or Investor Relations: Gail D.
Zona, Investor Relations, 919-405-4618, [e-mail], both of
Pliant Systems Inc.; or Media Relations: Kyle Marshall of Porter Novelli
Convergence Group, 919-834-1208, [e-mail], for Pliant Systems
Inc.

URL: http://www.pliantsystems.com
http://www.prnewswire.com

(C) 2000 PR Newswire. All rights reserved.

-0-


KEYWORD: North Carolina
Wisconsin
INDUSTRY KEYWORD: TLS
SUBJECT CODE: OTC

Mfg MH

[MH120480]

Pliant Systems Announces NEBS Level 3, Safety and FCC Compliance Certifications
and Listings Assures Pliant 3000 Service Provider Customers the Highest Levels
of Safety and Reliability

RESEARCH TRIANGLE PARK, N.C., Jul 24, 2000 /PRNewswire via COMTEX/ -- Pliant
Systems Inc. (OTC Bulletin Board: PLNS) today announced the Pliant 3000(TM) has
received three critical industry safety certifications and listings. These
assure Pliant Systems customers the highest levels of product safety when
deploying the platform into CLEC and ILEC networks. In addition, these represent
important milestones in the continued rollout of the company`s innovative
integrated access platform.

The Pliant 3000 has received Network Equipment Building Standards Level 3
certification. This verifies that the access system meets the stringent
physical, environmental and electrical standards required by telecommunications
providers to deploy equipment in their networks.

In addition, the Pliant 3000 also received UL 1950 listing and FCC Part 15
compliance. These additional certifications ensure the Pliant 3000 meets the
electrical safety and emissions standards demanded by the marketplace.

Two nationally recognized testing laboratories, MET Laboratories and
Underwriters Laboratories, performed significant portions of the NEBS, safety
and Federal Communications Commission compliance testing.

"Pliant Systems is committed to providing CLEC and ILEC customers with the
industry`s most robust and reliable integrated access platforms," said David E.
Orr, president and CEO, Pliant Systems. "NEBS Level 3 certification, in
conjunction with UL listing and FCC compliance, are important milestones in the
rollout of the Pliant 3000."

About Pliant Systems

Pliant Systems Inc. designs, manufactures and markets integrated multi-service
access platforms for the telecommunications industry. The company provides
competitive local exchange carriers (CLECs) and incumbent local exchange
carriers (ILECs) with integrated access systems capable of delivering voice,
data and video services over diverse network topologies. The company`s primary
product, the Pliant 3000 Integrated Access Platform, is designed to relieve the
strain on digital loop carrier systems caused by the Internet explosion,
utilizing a distributed architecture to deliver traditional telephony and
emerging high-bandwidth services deep into the access network. The company`s web
site is http://www.pliantsystems.com.

Any forward-looking statement contained in this release reflects management`s
current expectations or beliefs. The company`s Form 10-K, 10-Qs and other
documents on file with the Securities and Exchange Commission identify important
factors that could cause actual results to differ materially from those
indicated by forward-looking statements. However, the outcome of forward-looking
statements are beyond the ability of the company to control and in many cases
could cause actual results to differ materially from those indicated by the
forward-looking statements.

SOURCE Pliant Systems Inc.


CONTACT: Product Information - Craig M. Swinn, Vice President, Marketing
& Sales of Pliant Systems Inc., 919-405-4340, [e-mail]; or
Media Relations - Kyle Marshall of Porter Novelli Convergence Group,
919-834-1208, [e-mail]; or Investor Relations - Gail D. Zona of
Pliant Systems Inc., 919-405-4618, [e-mail]
(PLNS)

http://www.prnewswire.com

(C) 2000 PR Newswire. All rights reserved.

-0-


KEYWORD: North Carolina
INDUSTRY KEYWORD: CPR
MLM
SUBJECT CODE: OTC

Mfg MH

[MH120480]

Pliant Systems Announces Second Quarter Financial Results

RESEARCH TRIANGLE PARK, N.C., Jul 25, 2000 /PRNewswire via COMTEX/ -- Pliant
Systems Inc. (OTC Bulletin Board: PLNS) today announced results for the second
quarter ended June 30, 2000. Net revenues for the quarter were $3.9 million,
compared with $5.7 million for the same period last year, excluding the 1999
one-time revenue of $2.2 million. Product sales and contract revenues declined
in the current quarter while services revenue increased by $0.8 million. The
January 2000 amendment to the Lucent Research and Development Agreement was the
primary contributor to the decline in product and contract revenues and the
increase in service revenue.

The company reported a second quarter net loss of $9.6 million or $(0.71) per
share, compared to a net loss of $4.3 million or $(0.32) per share for the same
period in 1999. After adjusting for the 1999 one-time revenue, the net loss for
the prior year was $6.5 million or $(0.48) per share.

Net revenues for the six months ended June 30, 2000 increased to $10.5 million,
compared with $9.9 million for the same period last year, excluding the 1999
one-time revenue of $2.2 million. The company reported a net loss of $16.3
million or $(1.20) per share, compared with a net loss of $11.9 million or
$(0.88) per share for the prior year, after adjusting for the 1999 one-time
revenue.

"The operating results for the quarter and year to date continue to reflect the
company`s transition from our legacy product to our new product, the Pliant(TM)
3000 Integrated Access Platform," stated President and CEO, David E. Orr. "The
quarterly and year-to-date net losses were affected by the increased research
and development expenses of the Pliant 3000. Sales and marketing expenses
related to the Pliant 3000 also contributed to the increased net losses," Mr.
Orr said.

"The Twin Lakes Telephone Cooperative trial for the Pliant 3000 is meeting our
expectations," Mr. Orr commented. "We anticipate announcing the results of this
trial upon successful completion. Site surveys, engineering and equipment
staging has been completed for four additional field trials for both CLECs and
ILECs. We expect initial sales of the first release of the Pliant 3000 by the
end of September," Mr. Orr stated.

Mr. Orr also stated that several other milestones were achieved in the second
quarter relating to the first release of the Pliant 3000. These achievements
deal with Class 5 Switch Interoperability, Network Equipment Building Systems
compliance and UL listings.

According to Mr. Orr, the broadband capabilities of the second release of the
Pliant 3000 were demonstrated in early June at the SUPERCOMM 2000 trade show.
This operational demonstration of the Pliant 3000 platform to deliver voice,
data and video services over ADSL was well received by potential customers as
well as industry and financial analysts. Further industry recognition came
earlier this month, when Pliant Systems received the Wisconsin State
Telecommunications Association Innovations 2000 Award for its Pliant 3000
product.

"Looking to the quarters ahead, we are pleased to announce that field trials for
the second release of the Pliant 3000 will commence in late September. These
field trials will be conducted at some of the current locations as well as
several additional CLECs and ILECs. Following successful field trials, the
second release is expected to ship in the fourth quarter," concluded Mr. Orr.

About Pliant Systems

Pliant Systems Inc. designs, manufactures and markets integrated multi-service
access platforms for the telecommunications industry. The company provides
competitive local exchange carriers (CLECs) and incumbent local exchange
carriers (ILECs) with integrated access systems capable of delivering voice,
data and video services over diverse network topologies. The company`s primary
product, the Pliant 3000 Integrated Access Platform, is designed to relieve the
strain on digital loop carrier systems caused by the Internet explosion,
utilizing a distributed architecture to deliver traditional telephony and
emerging high-bandwidth services deep into the access network. The company`s web
site is http://www.pliantsystems.com.

This release contains forward-looking statements about the company`s
performance. Forward-looking statements contained in this release include
statements about the development and introduction of the company`s new access
product, product features, product demonstrations, customer field trials and
future sales. The company`s Form 10-K, 10-Qs and other documents on file with
the Securities and Exchange Commission identify important factors that could
cause actual results to differ materially from those indicated by
forward-looking statements. However, the outcome of forward-looking statements
are beyond the ability of the company to control and in many cases could cause
actual results to differ materially from those indicated by the forward-looking
statements.


PLIANT SYSTEMS, INC.
STATEMENTS OF OPERATIONS
(Unaudited)

(In thousands except per share amounts)

Three Months Ended Six Months Ended
June 30 June 30
2000 1999 2000 1999

Revenues:
Product sales and
contract revenue $1,288 $3,859 $2,846 $6,088
Services revenue 2,649 1,866 7,685 3,821
Nonrefundable
prepayment revenue -- 2,185 -- 2,185
Net revenues 3,937 7,910 10,531 12,094

Costs and expenses:
Cost of sales 1,707 3,662 4,698 5,648
Research and
development 7,497 4,588 13,692 9,027
Selling, general
and administrative 3,605 3,114 7,132 6,002
Total costs and
expenses 12,809 11,364 25,522 20,677

Loss from operations (8,872) (3,454) (14,991) (8,583)

Net interest income
(expense) (773) (818) (1,356) (1,082)

Net loss $(9,645) $(4,272) $(16,347) $(9,665)

Net loss per share $(0.71) $(0.32) $(1.20) $(0.72)

Average number of
shares used in per
share calculations 13,642 13,455 13,621 13,445

PLIANT SYSTEMS, INC.
BALANCE SHEETS

June 30 December 31
2000 1999
(In thousands) (Unaudited) (Audited)

Assets
Current assets:
Cash and short-term investments $50,157 $63,137
Restricted cash -- 1,050
Accounts receivable trade, net 725 8,285
Inventories 1,715 1,578
Prepaid and other current assets 890 798
Total current assets 53,487 74,848

Long-term investments -- 5,297

Furniture, fixtures and equipment 26,533 23,900
Accumulated depreciation and amortization (19,384) (17,891)
Net furniture, fixtures and equipment 7,149 6,009

Deferred debt issuance costs 657 1,030
Other noncurrent assets 2,544 2,428

Total assets $63,837 $89,612

Liabilities and stockholders` deficit
Current liabilities:
Accounts payable $3,902 $7,738
Accrued expenses 5,568 5,570
Convertible debt 115,000 --
Deferred revenue and other 872 7,274
Total current liabilities 125,342 20,582

Long-term liabilities:
Convertible debt -- 115,000
Accrued expenses 490 --

Stockholders` deficit:
Common stock and additional paid-in capital 156,582 156,259
Accumulated deficit (218,577) (202,229)
Total stockholders` deficit (61,995) (45,970)

Total liabilities and stockholders` deficit $63,837 $89,612

PLIANT SYSTEMS INC.
STATEMENTS OF OPERATIONS
(Unaudited)

(In thousands except per share amounts)

2000
1st Quarter 2nd Quarter Year To Date

Revenues:
Product sales and
contract revenues $1,558 $1,288 $2,846
Services revenue 5,036 2,649 7,685
6,594 3,937 10,531

Costs and expenses:
Cost of sales 2,991 1,707 4,698
Research and development 6,195 7,497 13,692
Selling, general and
administrative 3,527 3,605 7,132
12,713 12,809 25,522

Loss from operations (6,119) (8,872) (14,991)

Net interest income (expense) (583) (773) (1,356)

Net loss $(6,702) $(9,645) $(16,347)

Net loss per share $(0.49) $(0.71) $(1.20)

Average number of shares
used in per share calculations 13,614 13,642 13,621

SOURCE Pliant Systems Inc.


CONTACT: Investors - Gail D. Zona, Investor Relations, Pliant Systems
Inc., 919-405-4618, or [e-mail]; Product Information -
Craig M. Swinn, Vice President, Marketing & Sales, Pliant Systems Inc.,
919-405-4340, or [e-mail]; Media Relations - Kyle Marshall of
Porter Novelli Convergence Group, 919-834-1208, or [e-mail],
for Pliant Systems Inc.

URL: http://www.pliantsystems.com
http://www.prnewswire.com

(C) 2000 PR Newswire. All rights reserved.

-0-


KEYWORD: North Carolina
INDUSTRY KEYWORD: TLS
CPR
SUBJECT CODE: ERN
OTC

Mfg MH

[Ronny-D]

Hi MH120480,

ich habe mir diese Aktie mal angeschaut. Ist mit Sicherheit
sehr interessant und wenn sich Pliant(TM) 3000 durchsetzt,
sind außergewöhnliche Gewinne möglich.

Andererseits mach ich das gleiche wie viele andere. Ich
schaue mit die Vergangenheit an und die überzeugt mich nicht.


Quarters.....1997.....1998.....1999.....2000

MAR.............5,3........2,5.......4,2.......6,6
JUN..............5,2......19,8........7,9.......3,9
SEP.............2,1........3,0......12,5
DEC.............2,3.......14,0.......9,4

Totals..........15,0......39,3......34,0.......10,5

Dies sind die Umsätze der letzten 14 Quartale. Ich vermisse
dabei eine gewisse Kontinuität. Es geht rauf und runter.
Auf den ersten Blick sieht das für mich so aus, als hätte
man die verschiedensten Dinge probiert, wieder verworfen
und wieder etwas neues gemacht.
Bei 14 Qtr hätten die Jungs wohl Zeit genug gehabt.
Werfen wir einen Blick auf die aktuelle Situation. 3,9 Mio. $
Umsatz, 42% weniger als im ersten QTR.

Um zumindestens das Vorjahresvolumen zu erreichen, müsste PLNS
in den nächsten beiden Quartalen jeweils mindestens 11,8 Mio.$
machen; den dreifachen des abgelaufenen Zeitraumes.
Dies erscheint mir ungewiß.

Auf die Watchlist werde ich mir den Wert setzen, aber für ein
Engagement müste PLNS in den nächsten beiden Quartalen erstmal
überzeugende Zahlen liefern.

Trotzdem viel Glück,

Ronny

[MH120480]

Naja Ronny-D, im Endeffekt ist es eine Wette darauf, daß sich der Pliant3000 durchsetzt und das Pliant den Bewertungsunterschied anpaßt. Die Vergangenheit sollte man gerade bei diese Aktie eher weglassen, da sehr viele Fehler gemacht wurden. Also fügen wir eine weitere Wette hinzu: Man wettet noch darauf, daß man aus vergangenen Fehlern gelernt hat.
Hier die heutigen News:


Pliant Systems Announces GR-303 Certification with Nortel DMS Class 5 Switches

The Pliant 3000 is One of the First TDM/ATM Integrated Access Platforms to
Successfully Complete Nortel`s Rigorous Test Suites; Ensures Customers of
Compatibility with Nortel Switching Environments

RESEARCH TRIANGLE PARK, N.C., Jul 27, 2000 /PRNewswire via COMTEX/ -- Pliant
Systems Inc. (OTC Bulletin Board: PLNS) announced today that it successfully
completed GR-303 interoperability testing of the Pliant(TM) 3000 Integrated
Access Platform with Nortel Networks` DMS-100 family of Class 5 switches. The
Pliant 3000 is one of the first integrated access platforms combining TDM and
ATM functionality to pass Nortel`s extensive range of testing. Completion of the
Nortel interoperability testing ensures Pliant System`s ILEC and CLEC customers
of compatibility with one of the industry`s leading PSTN switching platforms.

Pliant Systems completed Nortel`s interoperability testing for GR-303 POTS and
ISDN on its first attempt. Call completion rates of 100 percent exceeded the
requirements for all interfaces under high traffic conditions.

Pliant Systems attributed this success in part to its investment in preparatory
testing at Telcordia Technologies. The company contracted with Telcordia for a
series of rigorous conformance and interoperability tests, which have been
ongoing since September 1999.

"Pliant Systems` goal is to offer service providers a robust integrated access
platform with designed-in interoperability and reliability," said Craig Swinn,
Vice President of Sales and Marketing for Pliant Systems. "Successful completion
of the Nortel testing ensures that the services they provide using the Pliant
3000, whether traditional telephony or emerging broadband, meets the highest
network performance standards possible."

The Pliant 3000 Integrated Access Platform combines TDM and ATM switching with
copper and fiber transport to deliver voice, data and video services.

It can be deployed as a next generation digital loop carrier, a distributed
DSLAM, a multi-service access node or a single integrated access platform in a
convergent network.

Designed to relieve the strain on digital loop carrier systems caused by the
Internet explosion, the Pliant 3000 features an integrated high-capacity TDM and
ATM backplane and utilizes a distributed architecture to deliver traditional
telephony and emerging high bandwidth services, such as ADSL, deep into the
access network. The Pliant 3000 offers true "plug and play" system migration
without expensive bolt-on hardware, alternative system overlays or diverse
management platforms.

Multiple deployment options allow the system to fit into existing networks and
enable carriers to make the best use of their expensive network facilities.

About Pliant Systems

Pliant Systems Inc. designs, manufactures and markets integrated multi-service
access platforms for the telecommunications industry. The company provides
competitive local exchange carriers (CLECs) and incumbent local exchange
carriers (ILECs) with integrated access systems capable of delivering voice,
data and video services over diverse network topologies. The company`s primary
product, the Pliant 3000 Integrated Access Platform, is designed to relieve the
strain on digital loop carrier systems caused by the Internet explosion,
utilizing a distributed architecture to deliver traditional telephony and
emerging high-bandwidth services deep into the access network. The company`s web
site is http://www.pliantsystems.com.

Any forward-looking statement contained in this release reflects management`s
current expectations or beliefs. The company`s Form 10-K, 10-Qs and other
documents on file with the Securities and Exchange Commission identify important
factors that could cause actual results to differ materially from those
indicated by forward-looking statements. However, the outcome of forward-looking
statements are beyond the ability of the company to control and in many cases
could cause actual results to differ materially from those indicated by the
forward-looking statements.

SOURCE Pliant Systems Inc.


CONTACT: Product Information, Craig M. Swinn, Vice President, Marketing
& Sales, 919-405-4340, [e-mail], or Investor Relations, Gail D.
Zona, Investor Relations, 919-405-4618, [e-mail], both of
Pliant Systems Inc.; or Media Relations Kyle Marshall, of Porter Novelli
Convergence Group, 919-834-1208, [e-mail]

URL: http://www.pliantsystems.com
http://www.prnewswire.com

(C) 2000 PR Newswire. All rights reserved.

-0-


KEYWORD: North Carolina
INDUSTRY KEYWORD: TLS
SUBJECT CODE: OTC

Mfg MH

[floet]

weiss jemand nä#heres warum pliant auf 10 cent gefallen ist?

sind sie pleite? sind ja nur noch 1.4 mio dollar wert! wie ist das möglich?

[MHisBack]

Pliant Systems Announces 363 Sale Procedures

RESEARCH TRIANGLE PARK, N.C., May 25, 2001 (BUSINESS WIRE) -- Pliant Systems,
Inc. (OTCBB: PLNS), a leading provider of integrated multi-service access
platforms for the telecommunications industry, announced today that it has
obtained court approval for the procedures outlining the sale of its assets
under section 363 of the Bankruptcy Code.

The sale process is open to any Qualified Bidder, which is defined as any entity
that provides the Company with evidence that establishes, among other things,
(i) sufficient financial ability to consummate a transaction proposed by such
bidder and (ii) ability to obtain all necessary licenses, consents, and
approvals. The minimum bid for the Company`s assets, which consist of certain
receivables and inventories, product related test and IT equipment and all
intellectual property (the "Available Assets"), has been set at $8,000,000 in
cash and must be accompanied by a cash deposit equal to 10% of the bid (the
"Qualified Bid"). As of April 30, 2001, the Available Assets had a book value of
approximately $30 million.

The Company`s Pliant 3000 Integrated Access Platform ("Pliant 3000") is a
distributed integrated access platform that combines traditional copper-based
POTS services with next generation broadband services and digital/optical
transport by integrating the capabilities of (i) a next generation digital loop
carrier ("NGDLC"), (ii) a digital subscriber line access multiplexer ("DSLAM") /
remote access multiplexer ("RAM"), (iii) a 1/0 digital crossconnect system and
(iv) an optical/DSL/DSX transport system, into a single cost effective platform.
The Pliant 3000 also combines ATM/TDM switching to ensure high quality of
service ("QoS") for voice and broadband data services. To date, the Company has
invested $90 million to develop the Pliant 3000. As of April 30, 2001, the
Company has received 24 customer trial commitments / first office applications
and completed 14 of these trials.

Upon execution of a confidentiality agreement with the Company, Qualified
Bidders will have the opportunity to conduct due diligence at the Company`s
headquarters, where a full data room and senior management will be available.
The due diligence period will be open until June 22, 2001, when initial
Qualified Bids will be due to Kilpatrick Stockton LLP and Jefferies & Company,
Inc. Initial Qualified Bids are expected to reflect completed due diligence and
firm financing and shall remain open and irrevocable until 48 hours after
closing. If the Company receives more than one Qualified Bid, on June 27, 2001
the Company will conduct an auction process among the Qualified Bidders. Bidding
will commence with the highest or otherwise best Qualified Bid and continue in
increments of not less than $250,000, until all parties have made their final
offers.

Inquiries into the sales process can be directed to William Q. Derrough, Kent
Warner or Leo Chang of Jefferies & Company, Inc. at 212-284-2550.

The Company will select the highest and best Qualified Bid by June 28, 2001 (the
"Proposed Purchaser"). Any Qualified Bidder objecting to the Proposed Purchaser
will have until July 6, 2001 to object and enter a higher and better Qualified
Bid. All bids topping the Proposed Purchaser must be at least $500,000 in excess
of the Proposed Purchaser`s bid. In the event that the Company accepts or the
Court approves another offer other than the Proposed Purchaser`s bid, the
Company shall be obligated to pay to the Proposed Purchaser a cash break-up fee
equal to 3% of the purchase price of the Proposed Purchaser. If the entity that
makes the highest or best offer fails to consummate the purchase of assets, the
offeror of the second highest or best bid will automatically be deemed to be the
high bidder without further order of the Court.

The Company estimates that the Sales Hearing to confirm the Proposed Purchaser
will occur on July 11, 2001, with closing expected approximately 20 days
thereafter.

The following table summarizes the key dates of the Company`s Sale process:


-- Bidder Due Diligence Period Now - June 22
-- Initial Bids Due June 22, 2001
-- Auction Process June 27, 2001
-- Selection Date of Proposed Purchaser June 28, 2001
-- Objection Deadline July 6, 2001
-- Sale Hearing July 11, 2001
-- Closing Late July

About Pliant Systems

Pliant Systems Inc. designs, manufactures and markets integrated multi-service
access platforms for the telecommunications industry. The company provides
competitive local exchange carriers and incumbent local exchange carriers with
integrated access systems capable of delivering voice, data and video services
over diverse network topologies. The company`s primary product, the Pliant 3000
Integrated Access Platform, is designed to relieve the strain on digital loop
carrier systems caused by the Internet explosion, utilizing a distributed
architecture to deliver traditional telephony and emerging high-bandwidth
services deep into the access network. The company`s web site is
www.pliantsystems.com.

Pliant Systems can be reached: 4024 Stirrup Creek Drive, P.O. Box 13737,
Research Triangle Park, NC 27709-3737; Telephone [phone].

This release contains forward-looking statements about the company`s
performance. Forward-looking statements contained in this release include
statements about the proposed sale of the Company`s assets. However, the outcome
of forward-looking statements are beyond the ability of the company to control
and in many cases could cause actual results to differ materially from those
indicated by the forward-looking statements. The company`s Form 10-K, 10-Qs and
other documents on file with the Securities and Exchange Commission identify
important factors that could cause actual results to differ materially from
those indicated by forward-looking statements.

The Company undertakes no obligation to update any forward-looking statements as
a result of new information, future events or otherwise, unless required by law.


CONTACT: Jefferies & Company, Inc.
William Q. Derrough, 212/284-2521
[e-mail]
or
Jefferies & Company, Inc.
Kent Warner, 804/423-8210
[e-mail]
or
Jefferies & Company, Inc.
Leo Chang, 212/284-2122
[e-mail]

URL: http://www.businesswire.com
Today`s News On The Net - Business Wire`s full file on the Internet
with Hyperlinks to your home page.

Copyright (C) 2001 Business Wire. All rights reserved.


Mfg MH

[rondo]

in USA 0.12 - 0.13 $ gestellt d.h. 0.14 -0.153 in EURO.
Die Stellung in Berlin lautet aber nur 0.13€.
Hier liegt ein misspricing vor!
das kann man ausnutzen...

rondo

[MHisBack]

Pliant Systems Announces Second Quarter Financial Results

RESEARCH TRIANGLE PARK, N.C., Jul 13, 2001 /PRNewswire via COMTEX/ -- Pliant
Systems, Inc. (OTC Bulletin Board: PLNS) today announced results for the second
quarter ended June 30, 2001. Net revenues for the quarter were $5.7 million, up
from $3.9 million in the same period last year. Product sales and contract
revenues increased in the current quarter due to sales of the Pliant 3000(TM)
Integrated Access Platform and end-of-life orders for older products. Services
revenues decreased by $0.95 million to $1.7 million in the current quarter due
to the completion of all but one project letter for the Lucent Anymedia Research
& Development contract. The company also received a $1.6 million one-time
payment in April from a legacy product customer for completion of a licensing
fee agreement.

The company reported a first quarter net loss of $6.5 million or $(0.47) per
share, compared to a net loss of $9.6 million or $(0.71) per share for the same
period in 2000. The reduced net loss was due primarily to the one time license
payment of $1.6 million and the restructuring and cost reduction activities,
primarily the reduction of the workforce by 140 employees on April 30, 2001. The
quarterly loss was also impacted by financial and legal advisory fees and other
costs and charges associated with the Company`s unsuccessful efforts to
restructure its debt as well as the filing of a voluntary petition under Chapter
11 of Title 11 of the United States Code.

Net revenues for the six months ended June 30, 2001 increased to $14.7 million
compared with $10.5 million for the same period last year. The current period
results reflect the one-time payment of a $1.6 million license fee from a legacy
product customer. Product revenues increased in the current period due to sales
of the Pliant 3000(TM) Integrated Access Platform and end- of-life orders for
older products.

The company reported a net loss of $14.6 million or $(1.06) per share, compared
to a net loss of $16.3 million or $(1.20) per share for the same period in 2000.
The net loss for 2001 reflects the reduced operating expenses associated with
the April 30th restructuring and cost reduction activities as well as the
advisory fees and other costs associated with the Chapter 11 filing on May 1st.

On May 1, 2001, Pliant Systems Inc. filed a voluntary petition under Chapter 11
of the United States Bankruptcy Code. The company has continued to operate the
business and manage its assets as a debtor in possession and no trustee or
examiner has been appointed in the case. The company sought Chapter 11
protection in order to facilitate an orderly sale of its business and assets to
a third party. The company announced on July 6, 2001 that it has agreed in
principal to sell substantially all of its assets to mPhase Technologies Inc.
(OTC Bulletin Board: XDSL), subject to the negotiation and completion of final
documentation and the approval by the United States Bankruptcy Court for the
Eastern District of North Carolina. mPhase is a leading designer of broadcast
digital television and high-speed data solutions for the telecommunications
industry. The proposed transaction`s purchase price is approximately $3.6
million.


About Pliant Systems

Pliant Systems Inc. designs, manufactures and markets integrated multi- service
access platforms for the telecommunications industry. The company provides
competitive local exchange carriers and incumbent local exchange carriers with
integrated access systems capable of delivering voice, data and video services
over diverse network topologies. The company`s primary product, the Pliant 3000
Integrated Access Platform, is designed to relieve the strain on digital loop
carrier systems caused by the Internet explosion, utilizing a distributed
architecture to deliver traditional telephony and merging high-bandwidth
services deep into the access network. The company`s web site is
www.pliantsystems.com.

This release may contain forward-looking statements about the company`s
performance. Forward-looking statements contained in this release include
statements about the Pliant 3000 and legacy product sales, cost reduction
activities, sales of the company`s assets, the sales price, the timing of
approval by the Bankruptcy Court and the closing of the sale. However, the
outcome of forward-looking statements are beyond the ability of the company to
control and in many cases could cause actual results to differ materially from
those indicated by the forward-looking statements. The company`s Form 10-K,
10-Qs and other documents on file with the Securities and Exchange Commission
identify important factors that could cause actual results to differ materially
from those indicated by forward-looking statements.

The company undertakes no obligation to update any forward-looking statements as
a result of new information, future events or otherwise, unless required by law.


PLIANT SYSTEMS, INC.

STATEMENTS OF OPERATIONS
(Unaudited)


Three Months Ended Six Months Ended
June 30 June 30
(In thousands except per share
amounts) 2001 2000 2001 2000

Revenues:
Product sales and contract revenue $ 2,359 $ 1,288 $ 6,424 $ 2,846
Services revenue 1,700 2,649 6,648 7,685
License agreement 1,600 -- 1,600 --
Net revenues 5,659 3,937 14,672 10,531

Costs and expenses:
Cost of sales 3,226 1,707 8,104 4,698
Research and development 3,350 7,497 9,796 13,692
Selling, general and administrative 4,030 3,605 7,834 7,132
Total costs and expenses 10,606 12,809 25,734 25,522

Loss from operations (4,947) (8,872) (11,062) (14,991)

Other income and (expense):
Net interest income (expense) (742) (773) (1,993) (1,356)
Other (expense) (825) -- (1,590) --
Total other income (expense) (1,567) (773) (3,583) (1,356)

Net loss $ (6,514) $(9,645) $(14,645) $(16,347)

Net loss per share $ (0.47) $ (0.71) $ (1.06) $ (1.20)

Average number of shares used in
per share calculations 13,815 13,642 13,780 13,621



PLIANT SYSTEMS, INC.

BALANCE SHEETS

June 30 December 31
2001 2000
(In thousands ) (Unaudited) (Audited)

Assets
Current assets:
Cash and short-term investments $ 8,184 $ 25,569
Restricted cash 400 400
Accounts receivable trade, net 1,455 5,185
Inventories 8,077 4,514
Prepaid and other current assets 1,284 908
Total current assets 19,400 36,576

Furniture, fixtures and equipment 26,535 25,234
Accumulated depreciation and
amortization (20,247) (18,517)
Net furniture, fixtures and equipment 6,288 6,717

Deferred debt issuance costs -- 283
Other noncurrent assets 1,708 2,134

Total assets $ 27,396 $ 45,710

Liabilities and stockholders` deficit
Current liabilities:
Accounts payable $ 4,335 $ 5,309
Accrued expenses 3,853 4,102
Convertible debt 115,000 115,000
Deferred revenue and other 732 3,314
Total current liabilities 123,920 127,725

Stockholders` deficit:
Common stock and additional paid-in
capital 157,085 156,949
Accumulated deficit (253,609) (238,964)
Total stockholders` deficit (96,524) (82,015)

Total liabilities and stockholders`
deficit $ 27,396 $ 45,710



PLIANT SYSTEMS, INC.

STATEMENTS OF OPERATIONS
(Unaudited)

2001
(In thousands except per share
amounts) 1st Quarter 2nd Quarter Year To Date

Revenues:
Product sales and contract revenues $ 4,065 $ 2,359 $ 6,424
Services revenue 4,948 1,700 6,648
License agreement -- 1,600 1,600
9,013 5,659 14,672

Costs and expenses:
Cost of sales 4,878 3,226 8,104
Research and development 6,446 3,350 9,796
Selling, general and administrative 3,804 4,030 7,834
15,128 10,606 25,734

Loss from operations (6,115) (4,947) (11,062)

Other income and (expense):
Net interest income (expense) (1,251) (742) (1,993)
Other (expense) (765) (825) (1,590)
Total other income (expense) (2,016) (1,567) (3,583)

Net loss $ (8,131) $ (6,514) $(14,645)

Net loss per share $ (0.59) $ (0.47) $ (1.06)

Average number of shares used in
per share calculations 13,773 13,815 13,780


MAKE YOUR OPINION COUNT - Click Here
http://tbutton.prnewswire.com/prn/11690X53428894

SOURCE Pliant Systems Inc.


CONTACT: John Autrey, CFO of Pliant Systems Inc., 919-405-4780

URL: http://www.pliantsystems.com
http://www.prnewswire.com

Copyright (C) 2001 PR Newswire. All rights reserved.

-0-


KEYWORD: North Carolina
INDUSTRY KEYWORD: TLS
OTC
SUBJECT CODE: ERN



Mfg MH