Bay Networks and Foundry Networks Settle Lawsuit.SUNNYVALE, Calif.--(BUSINESS WIRE)--Aug. 13, 1997--Bay Networks, Inc. and Foundry Networks Foundry Networks is a network system vendor selling high-end managed ethernet switches and routers. The company was founded in 1996 by Bobby R. Johnson, Jr. and is based in Santa Clara, California, USA. , Inc., today announced that they have amicably resolved their differences and that the lawsuit which Bay filed against Foundry earlier this year has been dismissed. Bay Networks, Inc. (NYSE NYSE See: New York Stock Exchange :BAY) is a leader in the worldwide networking market, providing a complete line of products that serve corporate enterprises, service providers and telecommunications carriers. The company offers frame and ATM switches, routers, shared media, remote and Internet access See how to access the Internet. solutions, IP services and network management applications, all integrated by Bay Networks' Adaptive Networking strategy. With headquarters in Santa Clara, California Santa Clara, California (IPA: /ˌsæntəˈklærə/) , founded in 1777 and incorporated in 1852, is a city in Santa Clara County, in the U.S. state of California. , Bay Networks markets its products and services around the world, providing 7x24 support coverage. For additional information visit the company's World Wide Web site at http://www.baynetworks.com or call 800-8-BAYNET. Foundry Networks, Inc. is a leading start-up and pioneer in the Gigabit Ethernet An Ethernet standard that transmits at 1 Gbps. Used mostly to connect high-end workstations and servers as well as for network backbones, Gigabit Ethernet transmits full duplex from point to point using switches and half duplex in a shared environment (CSMA/CD) using a hub. market. The company manufactures, markets and distributes ultra high performance, next generation switching and routing solutions for corporate intranetworks. For more information about the company and its products, contact 1.888.TURBO.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. or visit our web site at http://www.foundrynet.com. CONTACT: Foundry Networks, Inc. Jenni Brumfield, 408/731-3824 or Bay Networks, Inc. Mike Deshaies, 508/916-9174 |
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