Cabletron signs reseller agreement with Softbank; Over 1,000 Softbank distributors will resell Cabletron networking products in Japan.ROCHESTER, N.H.--(BUSINESS WIRE)-- Nov. 1, 1995--Cabletron Systems, the worldwide modular hub A network hub that is configured by adding different modules, each supporting a topology, such as Ethernet, Token Ring, FDDI, etc. See hub. market leader(a), announced today a major reseller agreement with Softbank Corporation. Softbank, the largest distributor of network products, software and peripherals in Japan, will resell Cabletron's intelligent hubs, switches and network management products through its 1,000 network distributors. This is Cabletron's ninth Japanese reseller agreement in less than two years and is an indicator of the dramatic growth occuring in the Japanese networking market. "This agreement teams two of the leading providers of complete network solutions in Japan," says Yuichi Murano, president, Cabletron Systems K.K. in Tokyo, Japan. "As a result of this agreement Cabletron will aggressively pursue the workgroup and mid-range switching hub markets." Cabletron and Softbank reached this agreement based on the market opportunity created by Japan's rapidly expanding 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. market. Analysts expect growth of over 30% in the Japanese internetworking market by 1998. Softbank's distributors will initially focus on selling Cabletron's intelligent hubs, fiber optic transceivers and converters. The agreement with Softbank will allow Cabletron to provide a smooth migration path for its Japanese customers from the workgroup and mid-range switching hub products that are now in demand to the enterprise wide systems they will require in the future. This customer-oriented approach has allowed Cabletron to expand rapidly in Japan. "Traditionally a high-end provider of networking solutions, our relationship with Softbank allows us to meet the needs of the growing market for Cabletron products in Japan," said Michael Welts, director of worldwide marketing, Cabletron Systems. "With this agreement we have secured another strong, reliable distribution channel for our products." Softbank Corporation, established in 1981 and headquartered in Tokyo, is a leader in providing complete networking solutions and is Japan's largest distributor of network products. In addition, Softbank is Japan's largest publisher of computer-related magazines and books. With an initial public offering in July 1994 and its acquisitions of Ziff-Davis EXPOS (SOFTBANK EXPOS) and the COMDEX The former, premier computer trade show in the U.S. Although it grew into an end user event, it was originally created for dealers and distributors (it was the COMputer Dealers EXposition). Show from The Interface Group (SOFTBANK COMDEX) Softbank continues to consolidate their position as a leader in the industry. Along with Softbank, Cabletron's resellers and integraters include: Toshiba Engineering, JDC JDC Joint Distribution Committee JDC Java Developer Connection (Sun Microsystems) JDC John Deere Credit JDC Jubilee Debt Campaign (UK) JDC Juvenile Detention Center JDC Judicial District Court , Matsushita, AT&T GIS, INTEC INTEC Information Technology (Ghent University department) INTEC Institut National des Techniques Économiques et Comptables (National Technical Institute for Business and Accounting; Paris, France) , Networld Inc., CTC CTC - Cornell Theory Center and TEL TEL Telephone TEL Telegram TEL Telugu (langauge) TEL Terrorist Exclusion List TEL Technology-Enhanced Learning TEL Transporter-Erector-Launcher TEL Tetra-Ethyl Lead TEL Team Deutsche Telekom . Cabletron's Tokyo office is located at Shinbashi Yamane Building 4F, 2-5-14 Higashi-Shinbashi, Minato-Ku, Tokyo 105 and the phone number is 011-03-3459-1981. Headquartered in Rochester, N.H., Cabletron employs more than 5,300 people in over 80 offices around the world. The worldwide modular hub market leader(a), Cabletron is ISO- iso- or is- pref. 1. Equal; uniform: isobar. 2. Isomeric: isopropyl. 3. 9001 certified. Cabletron develops, manufactures and markets Ethernet, FDDI (Fiber Distributed Data Interface) Often pronounced "fiddy," it was a LAN and MAN access method that had its heyday in the mid-1990s. FDDI was an ANSI standard token passing network that transmitted 100 Mbps over optical fiber up to 10 kilometers. , Token Ring, ATM internetworking and Enterprise Management software products based on its Synthesis product framework. Cabletron directly services more than 80,000 customer sites around the globe and provides 7 x 24 support coverage, with free phone support during normal working hours. A component of the S&P 500 index, Cabletron's stock is traded over 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. under the symbol CS. Over the last four quarters the company has reported record revenue of $934 million and earnings of $188 million. -0- (a)Source: Dataquest Incorporated: February 1995 Cabletron's World Wide Web site can be reached on the Internet at http// www.ctron.com. The International Sales/Coordination Department can be contacted at 603-337-1775 (United States). CONTACT: Sandra Hogan Cabletron Systems 603-337-1388 email:shogan@ctron.com |
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