Cabletron Unveils Its GlobalNetwork Technology Services Division; Cabletron Enhances Its Award Winning Services Offerings through GlobalNetwork Technology Services.ROCHESTER, N.H.--(BUSINESS WIRE)--Sept. 24, 1999-- Cabletron Systems (NYSE NYSE See: New York Stock Exchange :CS) today unveiled its GlobalNetwork Technology Services division, continuing its focus on offering world class, award-winning service offerings to its partners, enterprise and service provider customers. GlobalNetwork Technology Services will refocus Verb 1. refocus - focus once again; The physicist refocused the light beam" focus - cause to converge on or toward a central point; "Focus the light on this image" 2. on bringing to market a range of enhanced technology-based services that allow customers with global or large regional networks to better leverage their business critical investment in equipment and employees. Earle Humphreys, executive vice president and general manager, GlobalNetwork Technology Services explained, "Cabletron has been a leader in the communication technology services business since the company was founded. As GlobalNetwork Technology Services, we will take our world-class services to an even broader audience and deliver a more comprehensive and flexible range of service. Users of networking and e-business solutions are now more focused than ever before on total cost of ownership and return on investment. The breadth of knowledge, expertise and experience that we have within GlobalNetwork Technology Services will be focused on delivering these key business drivers." GlobalNetwork Technology Services delivers worldwide services that include technology enabled professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. , development and implementation, availability, educational and SPECTRUM services, as well as innovative offerings in the voice, ISP/Telco and convergence markets. These services are delivered to enterprise and service provider customers and will be packaged for resell re·sell tr.v. re·sold , re·sell·ing, re·sells 1. To sell again. 2. To sell (a product or service) to the public or to an end user, especially as an authorized dealer. through Cabletron's channel business partners worldwide. GlobalNetwork Technology Services currently deliver services that are matched to the business needs of customers, some of which include AT&T, Compaq, Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. , the Massachusetts Institute of Technology Massachusetts Institute of Technology, at Cambridge; coeducational; chartered 1861, opened 1865 in Boston, moved 1916. It has long been recognized as an outstanding technological institute and its Sloan School of Management has notable programs in business, and Earthlink. "Yet again Cabletron is showing a commitment to the market and our customers by expanding and enhancing the services offerings and knowledge that we can deliver. GlobalNetwork Technology Services will take the worldwide service offerings that Cabletron has been delivering for many years, and open this up to a more global customer audience." said Piyush Patel, 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. and chairman, Cabletron Systems. GlobalNetwork Technology Services division has over 1000 service professionals dedicated to resolving demanding challenges and problems, managing client projects, and providing worldwide, 24-hour state-of-the-art technical support via facilities in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, and Asia Pacific. As well as providing direct services, the division is also forming strategic alliances with companies such as Unisys to provide additional service coverage within existing and emerging markets. The GlobalNetwork Technology Services new portfolio of services will be generally available for delivery in 110 countries worldwide by November 1, 1999. About GlobalNetwork Technology Services GlobalNetwork Technology Services is a global communication technology services specialist, focused on providing services that compliment Not to be confused with Complement. Compliment may be
About Cabletron Cabletron Systems, a premier provider of world-class networking solutions, delivers reliable network access and communications to millions of people worldwide. With scaleable products designed for Global 1000 enterprise networks, service providers and small businesses, Cabletron is the e-business communications specialist in the Internet economy The Internet Economy refers to conducting business through markets whose infrastructure is based on the Internet and World-Wide Web. An Internet economy differs from a traditional economy in a number of ways, including: communication, market segmentation, distribution costs, and price. . Listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. for more than a decade under the symbol CS, Cabletron is an S&P 500 index company. Cabletron's web site can be reached on the Internet at http://www.cabletron.com. |
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