COMSAT to Resell ACT Networks Products in Brazil.CAMARILLO, Calif.--(BUSINESS WIRE)--Sept. 6, 1996--ACT Networks 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 : ANET) today announced that it has signed an International Reseller Agreement with COMSAT Comsat: see Communications Satellite Corporation; communications satellite. (COMSAT General Corporation, Bethesda, MD) Formerly Communications Satellite Corporation, COMSAT was a private company that was created by the U.S. International Ventures, a Business Unit of COMSAT Corp. Under the terms of this agreement, COMSAT will use ACT's frame-relay access products to build private satellite networks for corporations in Brazil. The first major network provides the necessary network connections between 70 airports and the headquarters of a major commercial airline in Sao Paulo. Most recently, COMSAT has placed two additional orders worth in excess of $500,000. Equipment from these orders will be used to support intra-network and data applications for a large number of end users. "The telecommunications market in Brazil is the largest in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. ," commented Martin Shum, ACT Network's president and chief executive officer. "We are pleased to have COMSAT, the leading satellite network provider in Brazil, as our selling partner. The initial success demonstrated by COMSAT is impressive. We are optimistic op·ti·mist n. 1. One who usually expects a favorable outcome. 2. A believer in philosophical optimism. op that through this partnership, ACT will develop a substantial presence in this major market." ACT Networks Inc. develops, manufactures, markets and sells Frame Relay A high-speed packet switching protocol used in wide area networks (WANs). Providing a granular service of up to DS3 speed (45 Mbps), it has become popular for LAN to LAN connections across remote distances, and services are offered by most major carriers. wide-area network access products which support a broad range of voice, data and integrated network A network that supports both data and voice and/or different networking protocols. See converged network and new public network. applications. End users and service providers worldwide use the company's products to build cost-effective, band-width efficient, easy-to-manage wide area networks (WANs). The company's products incorporate advanced voice and data compression data compression Process of reducing the amount of data needed for storage or transmission of a given piece of information (text, graphics, video, sound, etc.), typically by use of encoding techniques. algorithms, voice and data access switching capabilities, and proprietary voice, data and facsimile integration technologies. The company's products are designed to work with either terrestrial or wireless media. CONTACT: ACT Networks Inc. Martin Shum, 805/388-2474 or Morgen-Walke Associates Doug Sherk/Chris Danne/Alex Williamson, 415/296-7383 Emily Dupree, 212/850-5698 Elissa Grabowski, 212/850-5600 |
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