ACT Networks announces it has signed a supply agreement with an international leader of frame relay and Internet services.CAMARILLO, Calif.--(BUSINESS WIRE)--May 1, 1996--ACT Networks Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ANET) Wednesday announced it has signed a supply agreement with Infonet Services Corp. Based in El Segundo El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and , Calif., Infonet is recognized around the world as one of the leading providers of global communications solutions. The agreement will allow Infonet to purchase ACT's integrated frame relay A high-speed packet switching protocol used in wide area networks (WANs). Providing a granular service of up to DS3 speed (45 Mbps), it has become popular for LAN to LAN connections across remote distances, and services are offered by most major carriers. access products worldwide. The details of the contract remain confidential and will be disclosed at a later date. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Martin Shum, ACT's president and chief executive officer: "We are very pleased that Infonet has selected ACT as their supplier. Infonet's network reaches over 175 countries worldwide and includes a customer portfolio of many of the world's leading companies. As a result, ACT's products will be made available to end users in almost every corner of the world." Infonet has built it reputation on the quality of service it has provided its customers worldwide for more than 25 years. "We are committed to providing our customers with the highest quality of service and selecting a supplier for integrated frame relay access products is strategic to our service plan. "We wanted to be certain we selected the best equipment available. We selected ACT because of their products' quality and capabilities along with their international support network," according to Ian Widger, Infonet's executive vice president. ACT Networks is recognized worldwide as the pioneer in voice over frame relay. The company develops, manufactures and sells wide area network products that use standard-based transmission protocol, such as frame relay, and that support a broad range of end-user network applications. ACT's products are designed to work with either terrestrial Dealing with the earth. See terrestrial link. or wireless media and incorporate advanced compression algorithms The following is a list of the algorithms described in Wikipedia. See also the list of data structures, list of algorithm general topics and list of terms relating to algorithms and data structures. , access switching capabilities, and proprietary voice, data and facsimile integration technologies. ACT Networks markets its products through service providers, OEMs and an international network of value added resellers See VAR. (company) value added reseller - (VAR, or "value added retailer") A company which sells something (e.g. computers) made by another company (an OEM) with extra components added (e.g. specialist software). . Organizations worldwide use the company's products to build cost-effective, bandwidth-efficient, easy-to-manage wide-area networks Wide-area networks Communication networks that are regional, nationwide, or worldwide in geographic area, with a minimum distance typical of that between major metropolitan areas. Smaller networks include metropolitan and local-area networks. . CONTACT: ACT Networks Inc., Camarillo Anne Rex, 805/388-2474 or Capital Relations Audrey Hodges, 805/494-0830 audrey@caprel.com or Infonet Services Corp. Ian Widger, 310/335-4516 |
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