Corporate Profile for Symplex Communications Corp., dated Oct. 30, 1998.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: Oct. 30, 1998
Company Name: Symplex Communications Corp.
Address: 35 Research Drive
Ann Arbor, MI 48103-2974
Main Telephone
Number: 734/995-1555
Internet Home
Page Address
(URL): http://www.symplex.com
Chief Executive
Officer: Gary Brock
Chief Financial
Officer: Thomas Radigan
Investor Relations
Contact: Mary Coffey
Business number: 734/995-1555
Public Relations
Contact: Mary Coffey
Business number: 734/995-1555
Trading Symbol/
Exchange: VSE:SYC.U.
Industry: High Technology
Market Makers: Canaccord Capital
Company description: For more than 16 years, Symplex Communications has been a worldwide leader in the 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. business, offering cost effective interconnectivity solutions that improve the performance, flexibility and reliability of both 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 WAN networks. Its products are marketed and serviced in 35 countries, with corporate headquarters in Ann Arbor Ann Arbor, city (1990 pop. 109,592), seat of Washtenaw co., S Mich., on the Huron River; inc. 1851. It is a research and educational center, with a large number of government and industrial research and development firms, many in high-technology fields such as , Mich. and a European office in The Netherlands. Symplex's success has been demonstrated by the company having been twice ranked in the Inc. 500 list of the fastest growing private companies in the U.S. and by its receipt of the Michigan Leading Edge Technologies Award for Innovation. The company's foundation is built on its line of Datamizer data compression systems. When it was originally introduced in 1983, the Datamizer was the industry's first stand-alone synchronous data Synchronous data Information available at the same time. To test option-pricing models, the price of the option and of the underlying should be synchronous and reflect the same moment in the market. compression device for networks. Now in its sixth generation, Datamizer remains the company's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. line. Building on the compression technology of the Datamizer line, Symplex's DirectRoute family of LAN-to-LAN switching routers provide high-speed Internet See broadband. and intranet access for telecommuters, small offices and corporate networks. An initial public offering was completed on the Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). on Feb. 4, 1998. For current and past financial reports, check EDGAR's Database. |
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