Ascom Timeplex signs Lonnet as South African distributor; Lonnet to distribute Ascom Timeplex Networking products throughout South Africa.WOODCLIFF LAKE, N.J.--(BUSINESS WIRE)--Aug. 4, 1995--Ascom Timeplex, a major provider of enterprise networking solutions has signed Lonnet, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of ICL (International Computers Ltd., London) The former name of Fujitsu Services, the European-centered arm of the global Fujitsu Group and one of the leading IT services companies in Europe, the Middle East and Africa. South Africa, to distribute its networking products and services in South Africa. Lonnet will distribute Ascom Timplex's entire range of networking products and network management services both directly to end users and through ICL to its customer base. Lonnet has been established in South Africa since 1980, and is also a distributor for 3Com, Firefox and Satlecom. Ascom Timeplex has existing clients in South Africa, including BMW BMW in full Bayerische Motoren Werke AG German automaker. Founded as an aircraft engine manufacturer in 1916, the company assumed the name Bayerische Motoren Werke and became known for its high-speed motorcycles in the 1920s. , SANLAM SANLAM South African National Life Insurance Company , ABSA ABSA American Biological Safety Association ABSA Amalgamated Banks of South Africa ABSA Alberta Boilers Safety Association ABSA Aerolinhas Brasileiras S.A. ABSA Action à Bon de Souscription d'Action ABSA Australian Boarding Staff Association Inc. Bank and Standard Bank. Ascom Timeplex will be working with both Lonnet and ICL to develop its client base in financial and other sectors. "Ascom Timeplex's products deliver quality solutions for a broad range of voice/data and LAN/WAN LAN/WAN Local Area Network/Wide Area Network applications," states John Hurrel, Managing Director of Lonnet. "Integration and flexibility are increasingly important to our corporate customers, and we believe that current South African users of Ascom Timeplex systems will appreciate the added value of ICL/Lonnet can bring to their networks." The South African market for networking products continues to grow rapidly in 1995. It is estimated that under 50% of installed PCs are currently networked. High leased-line costs and pressures of privatization of Telkom, the South African PTT (1) (Postal, Telegraph & Telephone) The governmental agency responsible for combined postal, telegraph and telephone services in many European countries. (2) See push-to-talk. PTT - Post, Telephone and Telegraph administration , have also stimulated strong interest in integrated voice/data solutions, a traditional Ascom Timeplex area of strength. Mike Valiant, marketing director of Europe/Africa, comments: "This agreement indicates a change of emphasis in Ascom Timeplex's distribution strategy throughout the Europe/Africa/Middle East regions. Out traditional client base of large, multinational corporate organizations are now looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. long-term strategic partnerships with their suppliers. The suppliers which are chosen to create these partnerships are increasingly becoming IT vendors and international carriers. Ascom Timeplex have a long and successful track record of involvement with ICL in a number of major projects worldwide. We will develop this complementary IT/networking relationship with ICL, throughout the region in the future." Ascom Timeplex is a recognized leader in networking systems and services, offering scaleable enterprise internetworking solutions that unify 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. and WAN technologies. Ascom Timeplex helps organizations manage business-critical voice, data and video traffic by providing innovative network development, implementation and support services, based in scalable local and wide area network technology. With its Europe/Africa/Middle East headquarters near London and worldwide headquarters in Woodcliff Lake, Ascom Timeplex offers global sales and service support for all its products in approximately 70 countries on seven continents. Ascom Timeplex is an operating division of Ascom Enterprise Networks, a core business unit of Ascom Holding AG, Bern, Switzerland, an international telecommunications company with shares traded on the Zurich Stock Exchange. CONTACT: Patricia Jachens Rohme, 201/391-1111 Tony Fisch, 818/501-6608 |
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