Bank of China Selects Perle's IOLAN+ Serial Server for Branch Office Connectivity.Business Editors NASHVILLE, Tenn.--(BUSINESS WIRE)--April 3, 2001 Perle Systems Perle Systems is a Canadian company based in Markham, Ontario that develops and manufactures serial communications products. Product lines include terminal servers, device servers, serial console servers, serial cards, USB to serial adapters and remote access products. , (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 :PERL)(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :PL.) a leading provider of networking products for e-business access, today announced that the Bank of China has chosen the Perle IOLAN+ Serial Server for branch office connectivity. CS&S Network Technology Co. Ltd., distributor of Perle products in China, signed a 15-million-RMB (US$1.8 million) contract with Bank of China and its branches to supply them with Perle IOLAN+ Serial Servers. In 2000, Bank of China began the implementation of a centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. computer initiative in which all corporate information would be stored on central servers. This initiative led to a restructuring of the bank's networking systems, including the need for serial servers to allow connectivity from the branch offices to the main computer systems. Bank of China conducted an extensive vendor assessment consisting of beta testing (programming) beta testing - Testing a pre-release (potentially unreliable) version of a piece of software by making it available to selected users. This term derives from early 1960s terminology for product cycle checkpoints, first used at IBM but later standard throughout the and analysis by all provincial Bank of China branches. Perle's IOLAN+ was unanimously chosen as the serial server that best met the bank's standards for pricing and functionality. CS&S rank the PERLE IOLAN+ range of IP serial servers as the top selling server solution in China. Its success is largely attributed to its ability to excel in both terminal server and remote access applications, providing users with the best serial to IP solution for distributed Windows and Unix environments. "Perle's IOLAN+ is the most reliable product on the market. With its remote access management, user friendly and easy to manage features, it offers an efficient and cost-effective serial server solution for our networking needs. This, together with Perle's comprehensive post-sales service, are the reasons we chose Perle's serial servers, and began shipping them to the Bank of China several months ago" said Xiaodong Li, Project Manager, Bank of China Shangxi Branch. "We have been looking forward to building our relationship with the Bank of China on this, as well as future projects. Perle's product has the highest market share and the most competitive pricing on the market. With Perle's lifetime warranty and our quality of service, we can ensure a successful network system implementation for the Bank of China," said Xu Jie, vice president of CS&S Network Technology Ltd. About Bank of China The Bank of China (BOC (Bell Operating Company) One of 22 companies that was formerly part of AT&T and later organized into seven regional companies. See RBOC. ) Group in the Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. - Macau region is a financial group comprising 13 member banks and a number of other specialized companies in Hong Kong This is a list of companies from Hong Kong.
About Perle Systems Perle Systems is a leading developer, manufacturer and vendor of award-winning networking products. These products are used to connect remote users reliably and securely to central servers for a wide variety of e-business and general business applications. Perle specializes in Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. (IP) connectivity applications, with an increasing focus on mid-size IP routing solutions. Product lines include routers, remote access servers, serial servers, and multi-port serial cards and network controllers. Perle distinguishes itself by its ownership of extensive networking technology, depth of experience in major network connectivity environments and channel relationships in major world markets. Perle Systems has offices in 11 countries and sells its products through distribution channels worldwide. Its stock is traded on the Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. (symbol PERL) and the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (symbol PL). For more information about Perle and its products, access the Company's Web site at http://www.perle.com. |
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