Act Networks and LAN Systems Pty. Sign Distribution Agreement; Leading Networking Distributor to Resell ACT's NetPerfomer IADS in Australia and New Zealand.Business Editors/High-Tech Writers CALABASAS, Calif.--(BUSINESS WIRE)--Dec. 29, 1999 ACT Networks (Nasdaq:ANET) today announced an agreement with networking distributor and channel services provider LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. Systems Pty. Ltd. of Australia to market ACT's NetPerformer(R) family of integrated network A network that supports both data and voice and/or different networking protocols. See converged network and new public network. access devices for next generation voice-over-data networks. LAN Systems placed an initial order of AUS AUS abbr. Army of the United States $780,000 (approximately US$500,000) for NetPerformer product. ACT's relationship with LAN Systems comes as a result of LAN Systems', Cisco's largest second tier distributor in Australia, requirement for a stronger market entry into the convergent Voice over Packet market. "With the experience and success of ACT Networks, we feel we can now deliver a proven and working technology to our resellers today," said Nick Verykios, Chief Marketing Officer at LAN Systems. "NetPerformer's voice quality was consistently superior to that of Cisco's products and LAN Systems resellers want a proven product," said Rick Rogers, ACT's Regional Manager for ACT Australia. "LAN Systems will resell ACT's NetPerformer products and be supported by ACT Australia's Professional Services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. Group which provide technical support and remote network monitoring The term network monitoring describes the use of a system that constantly monitors a computer network for slow or failing systems and that notifies the network administrator in case of outages via email, pager or other alarms. ." With this agreement in place, ACT is on track to grow its market presence throughout Australia and the Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. , and the Company plans to leverage its distribution channel to further build brand recognition and product awareness throughout this region. About ACT Networks ACT Networks develops, manufactures, and markets multi-service access products that enable the convergence of voice, video, and data onto one managed network. Service providers and enterprise customers use the Company's products to build converged networks that are bandwidth efficient, cost-effective and easy to manage. The Company's award-winning NetPerformer(R) and ServiceXchange(R) product lines incorporate its unique PowerCell(TM) Technology, which includes advanced voice and data compression data compression Process of reducing the amount of data needed for storage or transmission of a given piece of information (text, graphics, video, sound, etc.), typically by use of encoding techniques. algorithms, enhanced switching and traffic management, and state-of-the-art telephony integration technologies to serve enterprise and global carrier customers of all types. For more information about ACT Networks, headquartered in Calabasas, visit the corporate web site at http://www.actnetworks.com. About LAN Systems LAN Systems is a leading provider of integrated networking and communications solutions to resellers, telecommunications carriers and information service providers throughout Australia and New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. . Its whole-of-service approach equips channel partner with the tools, knowledge and expertise to deliver end-to-end solutions based on products from prominent hardware and software vendors. LAN Systems is the largest Australian SMB (1) (Small to Medium-sized Business) Also called "SME" (small to medium-sized enterprise), it refers to companies that are larger than the small office/home office (SOHO), but not huge. distributor for both Cisco and Network Associates and is the exclusive distributor of Alcatel Internetworking Division and FORE Systems See Marconi. in Australia. The company is Australian owned and operated with headquarters in Sydney and offices in Melbourne, Brisbane and Perth. This release may contain forward-looking statements regarding the Company's business, customer prospects or other factors that may affect future earnings or financial results. Such statements involve risks and uncertainties which could cause actual results to vary materially from those expressed in or indicated by the forward-looking statements, and should be understood in light of the risk factors detailed in the Company's most recent 10-K and 10-Q filings. Note to Editors: ACT Networks, NetPerformer, and ServiceXchange are registered trademarks of the Company. |
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