CrossComm moves to strengthen marketing focus; Announces aggressive promotion, expansion of management team and distribution channels.MARLBOROUGH Marl·bor·ough or Marl·bo·ro A city of east-central Massachusetts east-northeast of Worcester. Settled in 1657, it was nearly destroyed in 1676 during King Philip's War. Population: 38,100. , Mass.--(BUSINESS WIRE)--August 28, 1995--As part of CrossComm Corporation's plans to pursue an aggressive marketing strategy for its ClearPath product line, it today disclosed several programs designed to help the company make the transition to becoming a major vendor in the rapidly-growing 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 switching market. As part of this effort, CrossComm founder, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and current President Tad (Telephone Answering Device) An answering machine. Witkowicz also announced their intent to recruit a new president to manage the day-to-day day-to-day adj. 1. Occurring on a routine or daily basis: the day-to-day movements of the stock market. 2. business and help execute the company's plans to gain higher visibility and increased market share. "During the past two years we have invested heavily in developing an industry `first' with our ClearPath strategy -- a single, state-of-the-art communications platform that integrates LAN switching
LAN switching is a form of packet switching used in local area networks. Switching technologies are crucial to network design, or to that minority of LANs that are used outside the home. , ATM switching, routing and advanced network management technologies," said Witkowicz. "ClearPath products leapfrog what is currently on the market by incorporating second-generation LAN and ATM switching technologies that deliver the next levels of price/performance and functionality. It sets the standard for a new generation of networking." In order to capture the attention of buyers of hub, router router Portable electric power tool used in carpentry and furniture making that consists of an electric motor, a base, two handle knobs, and bits (cutting tools). A router can cut fancy edges for shelving, grooves for storm windows and weather stripping, circles and ovals , and switching equipment -- and to convert them to the ClearPath story -- the company plans to unveil aggressive programs for advertising, promotion and channel expansion over the next several weeks. "It is time for the industry to take note of the new CrossComm," added Witkowicz. "We have a superior product lineup A criminal investigation technique in which the police arrange a number of individuals in a row before a witness to a crime and ask the witness to identify which, if any, of the individuals committed the crime. with ClearPath, and we believe customers will choose CrossComm's networking solutions once they hear our story." Witkowicz also explained the company's plans to strengthen its senior management team, and to make the transition from an entrepreneur-run organization to a professionally managed company by bringing in a new president. "It is time to transition CrossComm," he said. "Bringing in a seasoned business executive to manage the day-to-day operations is a formula for success that has been demonstrated by well-regarded high technology companies such as Silicon Graphics, SUN Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. , Apple Computer, EMC Corporation EMC Corporation (NYSE: EMC) is an American Fortune 500 and S&P 500 manufacturer of software and systems for information management and storage. It is headquartered in Hopkinton, Massachusetts, USA. and 3Com. Planning and implementing this kind of transition will enable CrossComm to join the elite group." CrossComm also announced that its Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , Arthur Coviello, has resigned to pursue another opportunity. "Once the new president is on board, I shall continue on as chairman of the Board of Directors," added Witkowicz. "I will be able to focus my attention on tracking the technology and market evolution to make sure that CrossComm continues to match new technologies with emerging markets. The addition of a professional business executive will further enhance CrossComm's ability to win in the explosive LAN switching and ATM markets. "The combination of our aggressive promotional campaigns, new distribution channels, and expanded management team -- added to CrossComm's innovative ClearPath strategy and strong financial resources -- will further ensure our success, and increase the company's value to our customers, employees and stockholders," he concluded. About CrossComm CrossComm Corporation (NASDAQ/XCOM), founded in 1987, designs, develops, manufactures and sells high-performance networking solutions. ClearPath is the industry's first fully-integrated communications and networking strategy that provides IT professionals with a smooth transition from hub and router-based networks to the next-generation LAN switching and ATM-based network environments. ClearPath products -- integrating LAN switching, ATM, routing, and LAN hubs within a single, fault-tolerant platform -- offer complete, high performance, modular solutions that can grow as bandwidth demands increase. Worldwide headquarters are located at 450 Donald Lynch Boulevard, Marlborough, MA 01752. All CrossComm product names herein are trademarked by CrossComm Corporation. All other product or company names are trademarked by their respective companies. CONTACT: CrossComm Corp. Tad Witkowicz, Allan Kline, 508/481-4060 or Media Boston International Cynthia Mollus, Michele Nadeem, 617/266-5969. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion