Cognitronics Corporation Selects Performance Technologies to Supply IPnexus Embedded Ethernet Switch.Business/Technology Editors ROCHESTER, N.Y.--(BUSINESS WIRE)--June 27, 2001 Performance Technologies, Inc. (Nasdaq: PTIX), today announced that Cognitronics Corporation (AMEX AMEX See: American Stock Exchange : CGN CGN Compagnie Générale de Navigation (sur le Lac Léman; French, cruise companie on Lake Geneva, Switzerland) CGN Cancer Genetics Network CGN Guided Missile Cruiser (Nuclear Propulsion) CGN Cyber Gaming Network ), a leading developer of voice information systems, has selected its IPnexus(TM) CPC (1) (Central Processing Complex) An IBM mainframe that has two or more central processors (CPs) that share memory. It is the collection of processors, memory and I/O subsystems manufactured with a single serial number, typically all contained in one cabinet. 4400 series of embedded Ethernet switches to be used in the Cognitronics CX 4000 Network Media Servers. The CX 4000 is a next-generation, high-density carrier-class network media server, integrating voice and data resources for delivery of enhanced packet-based and circuit-switched network voice announcement solutions and services. The CX 4000 is based on the new CompactPCI(R) packet switching backplane architecture that was proposed by Performance Technologies and is currently being ratified by the PCI (1) (Payment Card Industry) See PCI DSS. (2) (Peripheral Component Interconnect) The most widely used I/O bus (peripheral bus). Industrial Computer Manufacturers Group (PICMG An industry consortium that develops specifications for backplanes and interconnects for electronic equipment in the industrial and telecom fields. It was founded in 1994 as the PCI Industrial Computer Manufacturers Group, hence the acronym. (R)) 2.16 subcommittee. The CX 4000 Network Media Server can operate in both traditional circuit-switched and emerging packet network environments and are ideally suited for applications such as conferencing, unified messaging, email to voice, text-to-speech, voice recognition and prepaid/debit cards. Cognitronics selected Performance Technologies' IPnexus embedded Ethernet switch for its CompactPCI/PSB capabilities and its comprehensive feature set. The IPnexus switch will fulfill the Ethernet switching function for external connections to the Internet, as well as the packet-based connections within the CompactPCI/PSB chassis. "Packet-based communications will consume the majority of network bandwidth in the next ten years, making it economically impractical for carriers to maintain separate voice and data networks," said Brian J. Kelley, president and chief executive officer of Cognitronics. "Performance Technologies' IPnexus switch and the CompactPCI/PSB packet switching backplane technology allowed us to address this issue in a new industry standard architecture, while receiving critical features and reliable performance." "The functionality and the speed at which Cognitronics developed the CX system is an excellent testimonial to both the IPnexus embedded Ethernet switch and the CompactPCI/PSB architecture," said Ed Bizari, director of marketing for Performance Technologies. "The IPnexus switch and CompactPCI/PSB architecture allows forward-looking equipment developers like Cognitronics to roll out truly differentiated next-generation products with a much shorter development cycle." About Cognitronics Corporation Based in Danbury, Connecticut, Cognitronics Corporation is a leading manufacturer and supplier of high-performance voice announcement and media server solutions, including telephone network and call management products for packet- and circuit-switched networks to telephone operating companies  This article has too many unnecessary external links.Please help Wikipedia by organising, removing or transferring them to other articles. About Performance Technologies Performance Technologies, Inc. is a leading supplier of packet-based telecommunications and networking products that enable the convergence of wireline, wireless and next-generation Internet protocol networks. The company provides enabling carrier-grade technology solutions, including network access products, Ethernet switching products and integrated Signaling System 7 (SS7)/IP solutions to network operators, equipment manufacturers and systems integrators worldwide. Performance Technologies is headquartered in Rochester, New York This article is about the city of Rochester in Monroe County. For the town in Ulster County, see Rochester, Ulster County, New York. Rochester, once known as The Flour City, and more recently as The Flower City or . Additional engineering facilities are located in Raleigh, North Carolina For other uses of this name, see Raleigh. Raleigh (IPA: /ˈrɑli/, ral-ee) is the capital of the State of North Carolina and the county seat of Wake County. ; San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. ; and Ottawa, Canada. For more information about Performance Technologies, visit www.pt.com. Forward-Looking Statements 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 provides a "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " for certain forward-looking statements. This press release contains forward-looking statements which reflect the Company's current views with respect to future events and financial performance, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor provisions of those Sections. These forward-looking statements are subject to certain risks and uncertainties and the Company's actual results could differ materially from those discussed in the forward-looking statements. These risks and uncertainties include, among other factors, general business and economic conditions, rapid or unexpected changes in technologies, cancellation or delay of customer orders including those relating to design wins, changes in the product or customer mix of sales, delays in new product development, customer acceptance of new products and customer delays in qualification of products. These statements should be read in conjunction with the audited Consolidated Financial Statements Consolidated Financial Statements The combined financial statements of a parent company and its subsidiaries. Notes: Because consolidated financial statements present an aggregated look at the financial position of a parent and its subsidiaries, they enable you to gauge , the Notes thereto, and Management's Discussion and Analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial of Financial Condition and Results of Operations of the Company as of December 31, 2000, as reported in its Annual Report on Form 10-K and other documents as filed with the Securities and Exchange Commission. Note to Editors: CompactPCI and PICMG are registered trademarks of the PCI Industrial Computer Manufacturers Group. IPnexus and NexusWare are trademarks of Performance Technologies, Inc. |
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