Comsat Places New Purchase Order with ACT Networks.CAMARILLO, Calif.--(BUSINESS WIRE)--Oct. 3, 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 received new orders from Comsat do Brazil worth approximately $2 million. The orders, to be shipped during the December quarter, consist of a few hundred units of CS-9500 NetPerformer and will be used by Comsat to provide integrated satellite network services to a number of large customers. "We are pleased with the success that Comsat, a new selling partner of ACT, is accomplishing in Brazil," stated Martin Shum, chairman and chief executive officer. "We believe Comsat's success is evidence of the growing demand for advanced satellite-based, frame-relay network solutions for businesses around the world." Jorge Vital, general manager of Comsat do Brazil said, "ACT Network's NetPerformer product offers an exceptional level of performance when compared to similar products from other vendors. We use these products to provide 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. routing, legacy data spoofing and voice compression Same as speech compression. in our satellite networks." This press release may make projections or other forward-looking statements regarding future events or the future financial performance of the company. We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We refer you to the documents the company files from time to time with the Securities Exchange Commission, specifically the company's last Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and Form 10-Q Form 10-Q See 10-Q. . These documents contain and identify important factors that could cause the actual results to differ materially from those contained in our projections or forward-looking statements. 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/Andrew Cella, 212/850-5698/5600 |
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