As TriNet Communications Inc. Opens New California Corporate Headquarters, it Wins $5.4 Million Pac Bell Telecommunications Contract.SAN FRANCISCO--(BUSINESS WIRE)--Nov. 5, 1997--Jon Fernandez, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the $15 million TriNet Communications Inc., the leading provider of telecommunications and data network supply, announced today the official opening of its new 30,000-square-foot California corporate headquarters, distribution and manufacturing facility in Livermore. An additional 12,000-square-foot distribution center also opened in Dallas. "As I look back to when I started the company as the sole employee with no money or customers," said Fernandez, founder of this ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9002 certified company, "the thought that we would eventually build a complex this size was a distant dream. I am proud that our company has developed into such a strong and viable player in this field." In 1989, Fernandez started TriNet with a capital investment of $50,000 from the sale of a rental house. Today the firm is rated as one of the largest Hispanic-owned businesses in the nation. "Our plans are to become a nationwide distributor of telecommunications and data networking equipment with warehouses in Atlanta, Denver, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , and Chicago by the year 2000," he stated. With the strong economy in California and with the high technology industry centered there, Fernandez believes there will be tremendous growth statewide over the next five years. "As more companies require computer-to-computer speed and as they convert to client server technology, we are well positioned to become a major supplier of equipment in this market." TriNet features its own line of products and services: Category 5 Patch Chords, Distribution Fiber Points, Type 10 and Type 12 Cable Stubs stubs The shares of equity in a firm that is financed almost completely with debt. Stubs are often created when firms go through a leveraged buyout or pay big cash dividends in order to fend off a takeover. , premise wiring, outside plant fiber optic cable Noun 1. fiber optic cable - a cable made of optical fibers that can transmit large amounts of information at the speed of light fibre optic cable transmission line, cable, line - a conductor for transmitting electrical or optical signals or electric power and equipment, copper cable wire, central office equipment, connectors, processors and frames. TriNet is also the authorized dealer for Raychem, ESSEX Essex, Anglo-Saxon kingdom Essex, one of the early kingdoms of Anglo-Saxon England. It was settled probably in the early 6th cent. by Saxons who traced their royal line back to a continental Saxon god instead of to Woden, as did the rulers of other early , Leviton, PSI Telcom, Berk-Tec and other providers. TriNet also consults on-site to contractors, computer network providers and to business-to-business and telephone system installers. "Our data network market has grown 200% over the past year," said Fernandez. "As we acquire additional manufacturing lines, we expect this growth to continue over the next three years." "We expect our cable assemble to grow with the rest of our business as we continue to gain market share of the data networking industry. Our new, fully air-conditioned manufacturing area, will enable us to install additional equipment and hire assembly employees to meet demand," he said. The company's state-of-the-art facility, equipped with the latest computer technology and integrated network A network that supports both data and voice and/or different networking protocols. See converged network and new public network. systems, targets over 100 contractors in California, including Sacramento, San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , San Jose (all of Silicon Valley) and Los Angeles. Fernandez points out that their execution record is 99.9% perfect with instant order capabilities, EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. , electronic data interface, bar coding, special labeling, on-time, on-demand 24 hour turnaround delivery. Fernandez gives a recent example of their success in this area. "TriNet was just awarded a $5.4 million contract with the San Ramon based Pacific Bell for the supply and distribution of pedestal and grade level terminals. Pacific Bell uses these terminals, manufactured by Channell Commercial Corp. (CHNL CHNL Channel ) of Temecula, to connect their subscribers to their cable network," he explained. Fernandez said that he has not seen this kind of economic growth since the early 1980s. "Interest rates are down, new construction is up and most businesses are thriving. To us, this translates as continued success," he concluded. CONTACT: Patricia Latimer Associates Patricia Latimer, 415/885-6052 |
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