CNE Group Announces Value Added Reseller Agreement with Viasys.Business Editors/High-Tech Writers NEW YORK--(BUSINESS WIRE)--April 5, 2004 CNE (Certified NetWare Engineer) See Novell certification. Group, Inc. (AMEX AMEX See: American Stock Exchange : CNE) today announced that its subsidiary, Connectivity, Inc. (www.connectivityinc.com), has signed a Value Added Reseller See VAR. (company) value added reseller - (VAR, or "value added retailer") A company which sells something (e.g. computers) made by another company (an OEM) with extra components added (e.g. specialist software). agreement with Viasys Services, Inc. (www.viasyscorp.com), a Master Value Added Reseller and leading integrator of MeshNetworks' mobile broadband Description Mobile Broadband is a type of wireless internet access that differs from Wi-Fi. Mobile Broadband is the name used to describe the 3G services which are made possible by HSDPA and HSUPA, the latest technologies on the W-CDMA evolutionary path. systems, to install, integrate or incorporate and sublicense the MeshNetworks' equipment and software to end-users. MeshNetworks, Inc. is located in Maitland, FL. The MeshNetworks' equipment and software offers the bandwidth needed to support data and video-intensive devices while meeting the need for wide area connectivity to fixed, portable and mobile devices. "This relationship will allow us to offer our suite of wireless solutions to areas that need true mobile communications at low price points," stated Michael J. Gutowski, Connectivity's 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. . "The flexibility, reliability and scalability of the MeshNetworks' equipment and software will allow us to penetrate new markets." George W. Benoit, Chairman of CNE Group, added, "We believe the technology of MeshNetworks' equipment and software has wide applications for homeland security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States , intelligent traffic systems and broadband secure wireless networks. It's a solid step forward for our company. We are pleased to have signed this agreement with Viasys, and we will continue to be aggressive in our pursuit of additional strategic relationships." Lance McNeill, President and CEO of Viasys Services, Inc., stated, "Viasys looks forward to continuing to deploy MeshNetworks' widely accepted, premium MEA MEA Multiple endocrine adenomatosis. See Multiple endocrine neoplasia. Mobile Broadband networking platform through its emerging team of accomplished resellers and integrators. Viasys welcomes Connectivity into its select group of Value Added Resellers." About CNE Group, Inc. CNE Group, Inc. (www.cnegroupinc.com), through its subsidiaries, is a provider of solar-powered wireless communication solutions for the Intelligent Traffic Systems (ITS) market, homeland security applications and wireless broadband High-speed wireless transmission of data. What is "high" speed is always a changing number. Wireless systems are typically slower than land-based, wireline networks. In the past, wireless broadband started at 250 Kbps, whereas land-based broadband was generally considered to start at T1 networks. Our devices and software solutions allow applications to transmit voice and data over any wireless protocol. The Company designs, manufactures, distributes, maintains and services remote response devices for state and local governments, public and private institutions and many other niche markets. CNE Group, Inc. is built around patented or proprietary technologies that have allowed it to work with some of the largest companies in the wireless industry. CNE Group, Inc. is located at 200 West 57th Street, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New York 10019 (212-977-2200). Operating subsidiaries located in Lauderhill, Florida, are SRC (SouRCe) Contrast with DST, which is an abbreviation of "destination." Technologies, Inc., Connectivity, Inc., and Mobile Communications; U.S. Commlink, Ltd. is located in Livermore, California. The Company also generates revenue from its NY-based CareerEngine subsidiary that is engaged in the business of e-recruiting. About Viasys Services, Inc. Viasys Services, Inc. (www.viasyscorp.com), is located at 135 Horizon Court, Lakeland, FL (863-607-9988). Viasys and its affiliates have, for over fifty years, deployed infrastructure to federal, state, municipal and private sector customers. Viasys designs, builds, and maintains the most technologically sophisticated transportation, utility, and network solutions. MeshNetworks, the developers of the MEA Mobile Broadband networking platform, appointed Viasys as Master VAR for commercial deployments and distribution. About MeshNetworks, Inc. MeshNetworks, Inc. (www.meshnetworks.com) delivers innovative mobile broadband network solutions based on patented ad hoc For this purpose. Meaning "to this" in Latin, it refers to dealing with special situations as they occur rather than functions that are repeated on a regular basis. See ad hoc query and ad hoc mode. peer-to-peer technology. The Company's MeshNetworks Enabled Architecture (MEA(TM)) technology provides wireless broadband connectivity to fixed, portable and mobile devices. Voice, video, data, telemetry telemetry Highly automated communications process by which data are collected from instruments located at remote or inaccessible points and transmitted to receiving equipment for measurement, monitoring, display, and recording. and position-location are supported to specifically meet the needs of mission critical communications networks. MEA technology has been successfully deployed and is in use worldwide. A live network in Maitland, Florida, has been in continuous operation for over three years. MeshNetworks offers these solutions through OEMs, Systems Integrators, and Value Added Resellers. Certain statements in this press release constitute "forward-looking statements" relating to CNE Group, Inc. and its subsidiaries (the "Company") within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. All statements regarding future events, our financial performance and operating results, our business strategy and our financing plans are forward-looking statements. In some cases you can identify forward-looking statements by terminology, such as "may," "will," "would," "should," "could," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms or other comparable terminology. These statements are only predictions. Known and unknown risks, uncertainties and other factors could cause actual results to differ materially from those contemplated by the statements. In evaluating these statements, you should specifically consider various factors that may cause our actual results to differ materially from any forward-looking statements. |
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