ALR to invest in RouterWare.IRVINE, Calif.--(BUSINESS WIRE)--Nov. 5, 1996--Advanced Logic Research 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 :AALR AALR American Association for Leisure and Recreation AALR General Company for Land Reclamation, Development and Reconstruction (stock symbol) ), a leading manufacturer of servers, announced it has entered into an agreement to acquire a minority interest in RouterWare Inc., a Newport Beach Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , Calif.-based data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. products company, for $2.25 million. The agreement also calls for the two companies to enter into joint development projects over the next three years with a combined spending limit of $1 million. The transaction is expected to close by Nov. 15, 1996. "This is a major strategic initiative for ALR ALR Administrative License Revocation ALR Agricultural Land Reserve (Canada) ALR Automatic Locking Retractor (seat belts) ALR Australian Law Reports (University of Tasmania Library) ," said chairman Gene Lu. "ALR has been developing a communications device Typically refers to a terminal used to send voice, video or text. Mobile phones, wireless PDAs and personal computers equipped with microphones, speakers and cameras are all considered communications devices. See modem. utilizing RouterWare software products for about a year and this investment will further strengthen the relationship between the two companies. "Additionally, we should be able to enhance our server offerings through joint development projects with RouterWare focused on utilizing advanced telecommunications technology for greater throughput which would complement our focus on increasing the processing power and storage capacity of our servers." "We are very excited about entering into this partnership with ALR," said Ross Wheeler, chairman and founder of RouterWare. "ALR's investment will allow us to accelerate our growth, specifically in the Windows communications marketplace." RouterWare, based in Newport Beach, was founded in 1991 to develop and market software technologies for use in data communications products such as bridges, routers, gateways and remote access devices. To date, 80+ data communications equipment See DCE. Data Communications Equipment - Data Communication Equipment vendors have licensed technology from RouterWare. Additional information on RouterWare is available at its Web site located at http://www.routerware.com. Founded in 1984, ALR is an industry leader in the design, manufacture, marketing and support of computer systems targeted at the high-end Intel-based server market. ALR's comprehensive portfolio of upgradeable, affordably priced products includes sophisticated multiprocessor network servers, high-performance workstations, desktop PCs, Pentium processor add-on products and multimedia option kits. ALR markets its products through a worldwide network of VARs, dealers and distributors and can be reached at 800/444-4ALR. Information on ALR and its products is available at its Web site located at http://www.alr.com. CONTACT: Advanced Logic Research, Irvine Ron Sipkovich/Vic Sial sial: see continent. 714/581-6770 Internet: vicsi@alr.com |
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