Cisco, Madge ink exclusive pact on Token Ring.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--March 20, 1995--Cisco Systems and Madge Networks have entered into a strategic agreement on Token Ring switching products and technology. Under the terms of the dual-pronged agreement, the two companies will exclusively market a Token Ring switch developed by Madge, and Cisco will license Madge's advanced RingRunner* technology for future switch products. The firms also will mutually promote each other's products. The pact will result in a family of new Cisco products, available beginning in mid-1995, that will address the need for Token Ring switching at the backbone, server and individual client levels. Among the first products will be a customized version of the stand-alone Token Ring switch being announced today by Madge, which Cisco will obtain from Madge on an OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and basis. The agreement expands on a long-standing pact inaugurated in December 1990 under which Cisco licensed Madge's Fastmac* high-performance Token Ring technology for use on its line of routers. Nick Francis, Cisco's director of marketing for IBM products, said, "Madge software has contributed to establishing Cisco as the leader in Token Ring routing over the past four years. With this new alliance we are adopting their market-leading technology to address another major market opportunity, Token Ring switching. We see this alliance leading to a comprehensive product family that addresses the full spectrum of Token Ring switching needs." Cynthia Ringo, vice president of business development at Madge Networks, said, "We are broadening our long-standing relationship with Cisco to deliver a comprehensive Token Ring switch architecture and best-of-breed products to Token Ring customers. We believe that Madge's innovative technology, coupled with Cisco's market position, will accelerate the adoption and expand the market for Token Ring switching." At the core of the companies' switching solutions is Madge RingRunner technology. RingRunner is a building block for Token Ring devices that provides high-speed throughput and low latency for Token Ring frame switches and Token Ring/ATM cell switches. Madge Networks provides networking solutions for the enterprise. The company is recognized for its technology leadership and its commitment to customer support without limits. Madge's product lines include a broad family of Token Ring and 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. adapter cards, hub/router adapter cards and stackable hubs. Madge serves its multinational customers from 40 locations worldwide with four major business centers located in London, San Jose, Calif., Hong Kong and Tokyo. Madge NV (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 :MADGF), the parent company, is a Netherlands corporation. Cisco Systems, Inc. is the leading global supplier of enterprise networks, including routers, 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. and ATM switches, dial-up access servers and network management software. These products, integrated by Cisco's Internetwork Operating System* (Cisco IOS*) link geographically dispersed LANs, WANs, and IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) networks. Cisco is headquartered in San Jose, Calif., and in the U.S. is traded under the NASDAQ symbol CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer . CONTACT: Cisco Systems, Inc. Scott Anderson, 919/871-6323 Madge Networks, Inc. Marina Ekman, 408/955-0700 (public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most ) Jennifer Stagnaro, 408/955-0700 (investor relations Investor relations The process by which the corporation communicates with its investors. ) Ulevich & Orrange, Inc. William Orrange or Janis Ulevich, 415/329-1590 |
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