BANYAN SYSTEMS SUPPLIES TECHNOLOGY FOR G-7 ECONOMIC SUMMIT; Group of 7 Finding, Sharing and Managing Information at First Ever "Info-Tech Summit".HALIFAX, Nova Scotia--(BUSINESS WIRE)--June 7, 1995--Westborough MA-based Banyan Systems 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 : BNYN BNYN ePresence (stock symbol; formerly known as Banyan) ) today announced that it has been selected as a technology supplier to the 21st annual G-7 Economic Summit in Halifax Nova Scotia Nova Scotia (nō`və skō`shə) [Lat.,=new Scotland], province (2001 pop. 908,007), 21,425 sq mi (55,491 sq km), E Canada. Geography . Banyan will offer its network operating system An operating system that is designed for network use. Normally, it is a complete operating system with file, task and job management; however, with some earlier products, it was a separate component that ran under the OS; for example, LAN Server required OS/2, and LANtastic required DOS. , VINESa, and the Company's TCP/IP TCP/IP in full Transmission Control Protocol/Internet Protocol Standard Internet communications protocols that allow digital computers to communicate over long distances. Applications Suite to provide the summit's support staff with messaging, management and internet capabilities. Banyan technology will play a significant role in event coordination and communication among the 700 Halifax Summit Office personnel. "This event has been billed as the first ever `Info-Tech Summit' which include special exhibits on various technologies and the use of electronic messaging, news releases and briefing materials on the internet," said David C. Mahoney, Chairman 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 Banyan Systems. "Banyan's vision and the theme of the Halifax Summit, each demonstrating the importance of how people find, share and manage information across a variety of boundaries in today's society, was a very compelling reason for the Company to take an active role." From June 15 to June 17, Canada will be hosting the leaders of the six other major industrialized in·dus·tri·al·ize v. in·dus·tri·al·ized, in·dus·tri·al·iz·ing, in·dus·tri·al·iz·es v.tr. 1. To develop industry in (a country or society, for example). 2. nations - France, Germany, Italy, Japan, the United Kingdom and the United States - as well as the President of the European Union At present, there is no single President of the European Union. However it is an informal term for two posts and a theoretical position under the Lisbon Treaty. President of the European Commission The summit has traditionally provided a forum for leaders to discuss the emerging global economic agenda. The theme for the Halifax Summit will be based on "ensuring the international system is responsive to the challenges ahead." The Summit is expected to attract 2,400 media and 2,000 delegates to Halifax. "As a customer of Banyan Systems, we have recognized the value of enterprise-wide technology for some time," said Gregory Kenney of the Public Works and Government Services of Canada. "We are very pleased to have Banyan contribute to such an important event as the Halifax Summit." -0- About Banyan Systems Incorporated Banyan Systems (NASDAQ:BNYN) is a pioneer and leader in enterprise network services. These products make it easy to find, share and manage information and resources within enterprise networks. Founded in 1983 and headquartered in Westboro, Massachusetts, USA, the company markets products worldwide through authorized network integrators, resellers and international distributors. Banyan can be reached on the World Wide Web at http://www.banyan.com. CONTACT: Patrick T. Wright Banyan Systems Inc. (508) 898-1000 or Sheldon Rose The Communications Group Inc. (416) 696-9900 |
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