Asante Technologies Signs Distribution Agreement With ALLTEL Supply, Inc.; Allows Asante To Penetrate Emerging Markets.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--April 25, 1996--Asante Technologies, 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 : ASNT ASNT American Society of Non-destructive Testing ASNT American Society for Neural Transplantation ASNT Astrological Association of North Texas (Dallas - Fort Worth Metroplex) ASNT Application Sharing Nt ), a leading provider of Fast Ethernet An earlier name for 100Mbps Ethernet. See 100Base-T. (networking) Fast Ethernet - A version of Ethernet developed in the 1990s(?) which can carry 100 Mbps compared with standard Ethernet's 10 Mbps. It requires upgraded network cards and hubs. and Ethernet networking products, today announced a distribution agreement with ALLTEL Supply, Inc., of Norcross, Ga. By joining forces, ALLTEL will assist Asante in establishing a strong presence in the Fortune 1000, Education and small 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. reseller markets. ALLTEL Supply is a leading distributor of telecommunications and data products, predominately in the independent telco, VAR and end-user markets. The company has a powerful field sales force that specializes in Fortune 1000 and Education accounts, as well as an established presence with an emerging market of interconnect companies and resellers who directly recommend, sell and install hubs, bridges and routers for end-users. "Asante is focused on providing our Ethernet and Fast Ethernet networking products to small- and medium-sized companies, as well as maintaining strong relationships with large companies and educational channels," said Jeff Lin, 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 Asante. "We are confident ALLTEL's vast networking expertise and strategic sales organization will help Asante emerge as an industry leader in all arenas." "ALLTEL Supply has been expanding its traditional product line into wide and local area networks and other data products," said Ray Gunti, president of ALLTEL Supply. "With Asante on board as one of our manufacturers, we are looking forward to a partnership that will assist both companies in achieving its goals." Under the terms of the agreement, ALLTEL Supply will provide Asante's entire Fast Ethernet product line, including: AsanteFAST 100 Hubs, AsanteFAST 10/100 Bridge, AsanteFAST 10/100 Adapters and Asante ReadySwitch products, 10 BASE-T switches with either 100 BASE-TX or 100 BASE-FX uplinks. ALLTEL also will offer Asante's Ethernet networking products, including the AsanteHub 2072, a chassis-based managed hub A network hub that has intelligence built into firmware. Typically an Ethernet hub, it responds to management queries for statistics and to commands for setting the configuration. Managed Ethernet hubs evolved into managed Ethernet switches. Contrast with unmanaged hub. See intelligent hub. ; the NetStacker stackable hub A type of Ethernet hub that can be expanded by daisy chaining additional hubs together via dedicated ports for that purpose. They are designed to stack vertically and be treated as a single domain by the network management software. with optional management capability, network adapter cards such as the FriendlyNet PC Card and Asante's Plug-And-Play unmanaged 10BASE-T hubs in eight-port, 12-port and 24-port configurations. About ALLTEL Supply, Inc. ALLTEL Supply, located in Norcross, Ga., is one of the nation's leading providers of telecommunications and data communications products. ALLTEL Supply offers more than 50,000 products from 500 different manufacturers through a professional sales team and a network of nationwide warehouses and over-the-counter sales facilities. In addition, ALLTEL Supply offers consulting services. The company is a wholly-owned subsidiary of ALLTEL Corporation (NYSE NYSE See: New York Stock Exchange : AT), a provider of telecommunications and information services See Information Systems. . About Asante Founded in 1988, Asante Technologies Inc. (NASDAQ: ASNT) designs, manufactures and markets a full line of high-performance products for Ethernet and Fast Ethernet networks, including adapter cards, intelligent and non-intelligent hubs, switches, bridge products and network management software. Asante products are available through a worldwide network of VARs, system integrators and distributors. For additional information, contact Asante Technologies at 800/662-9686 or browse the company's World Wide Web home page at http://www.asante.com. -0- Note to Editors: All products mentioned are trademarks or registered trademarks of Asante Technologies Inc. CONTACT: Asante Technologies Jennifer C. Doettling, 408/435-8401 Ext.282 jdoettli@asante.com or Walt & Company Communications Erin Curtis/Heather Prophet, 408/496-0900 ecurtis@walt.com hprophet@walt.com |
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