This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Symmetricom Deploys PackeTime® Systems Enabling IEEE 1588v2 Precision Time Protocol In More Than 150 Networks Globally

SAN JOSE, Calif., June 11, 2012 /PRNewswire/ --  Symmetricom®, Inc. (NASDAQ: SYMM), a worldwide leader in precision time and frequency technologies, today announced that it has deployed its PackeTime® Systems providing IEEE 1588v2 Precision Time Protocol (PTP) in more than 150 networks worldwide. This milestone demonstrates strong momentum for IEEE 1588 as the standard for distributing synchronization for operators and carriers over Ethernet network infrastructures. Symmetricom has supported 50+ deployments in 2012 since it had announced the 100 deployment mark in October 2011.

(Logo: )

IEEE 1588 is a synchronization protocol developed for IP-based networks that delivers both frequency and phase synchronization, and is being deployed to support carriers worldwide transitioning their networks to Ethernet backhaul. According to Heavy Reading's Ethernet Backhaul Quarterly Tracker Service published March 2012, IEEE 1588 is expected to be the primary synchronization solution in over 1 million Ethernet cell sites by 2015.  Symmetricom is working with key industry players such as Nokia Siemens Networks, an early adopter of IEEE 1588, to deploy and develop PTP technologies. Nokia Siemens Networks has already deployed the standard in more than 80 networks.

"Rollouts of IEEE 1588 have definitely picked up as more carriers move to Ethernet backhaul," said Giuseppe Targia, head of MBB Packet Networks product management, Nokia Siemens Networks. "Precise timing and synchronization within the network are critical to operations, and our partnership with Symmetricom has enabled a reliable migration to packet based infrastructure."

To further support the adoption of IEEE 1588 and next generation networks, Symmetricom's SyncWorld® Ecosystem Program is enabling interoperability and cooperation among members of the mobile ecosystem to ensure seamless integration to service provider networks.  Nokia Siemens Networks was a founding member of the SyncWorld Ecosystem Program launched in March 2011.

"IEEE 1588 is becoming a key synchronization standard as networks transition from TDM to packet-based to support 4G/LTE network requirements," said Manish Gupta, vice president of marketing and business development for Symmetricom. "We see this trend continuing and we look forward to supporting the transition with a comprehensive portfolio of IEEE 1588 solutions."

For more information about Symmetricom's IEEE 1588 solutions and SyncWorld, please visit: and

About Symmetricom, Inc. Symmetricom (NASDAQ:SYMM), a world leader in precise time solutions, sets the world's standard for time. The company generates, distributes and applies precise time for the communications, aerospace/defense, IT infrastructure and metrology industries. Symmetricom's customers, from communications service providers and network equipment manufacturers to governments and their suppliers worldwide, are able to build more reliable networks and systems by using the company's advanced timing technologies, atomic clocks, services and solutions. All products support today's precise timing standards, including GPS-based timing, IEEE 1588 (PTP), Network Time Protocol (NTP), Synchronous Ethernet and DOCSIS® timing. Symmetricom is based in San Jose, Calif., with offices worldwide. For more information, visit: or join the dialogue at


1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,081.89 -49.97 -0.29%
S&P 500 2,014.89 +15.91 0.80%
NASDAQ 4,796.6090 -42.0340 -0.87%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs