CrossKeys Strengthens Its Position in Europe: Appointment of Area Director Brings New Expertise to Southern Europe.Business Editors LONDON--(BUSINESS WIRE)--Aug. 22, 2000 CrossKeys Networks Ltd. (Nasdaq:CKEY)(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CKY CKY Camp Kill Yourself (band) CKY Conakry, Guinea - Conakry (Airport Code) .) is pleased to announce the appointment of Iain Leith as Area Director, Southern Europe Southern Europe or sometimes Mediterranean Europe is a region of the European continent. There is no clear definition of the term which can vary depending on whether geographic, cultural, linguistic or historical factors are taken into account. , Customer Accounts. Iain brings new expertise to CrossKeys, and will be responsible for managing the organization's activities in Italy, Spain and Portugal. Iain has over 21 years experience in the telecommunications industry, with his most recent positions at Alcatel. "CrossKeys has seen its market space grow significantly, with the advent of competition in the carrier space. This, coupled with the growth of Internet service providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. (ISPs), has created an opportunity for CrossKeys," says Iain Leith, Area Director, Southern Europe, CrossKeys. "More and more carriers are seeking to offer Service Level Agreements (SLAs) to their customers and we are seeing an increasing demand for these SLAs to incorporate Internet Protocol- (IP) based Virtual Private Networks (VPNs). Customers are no longer interested in 'rebates' for lack of service -- if they don't receive the highest levels of uptime, they will quickly change carrier." European sales account for approximately 30 percent of CrossKeys sales revenue. CrossKeys has been engaged in relationships with South European service providers, such as WIND Telecommunications of Italy deploying CrossKeys software. "CrossKeys enjoys market leadership in the network-performance and service-delivery space in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and is developing rapidly within the European market," says Bill Branagh, Managing Director (Sales), Europe, CrossKeys. "Iain is key to this process, providing support in each of the three countries he is responsible for. We welcome him to the team." About CrossKeys Systems Corporation CrossKeys Networks Ltd. is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of CrossKeys Systems Corporation (www.crosskeys.com). CrossKeys develops software that makes the Internet work for business. The world's largest and fastest growing service providers manage the equipment, traffic, and service on their telecom networks with CrossKeys. CrossKeys Systems Corporation is a public company whose common shares are listed for trading on NASDAQ (CKEY) in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and on The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (CKY) in Canada. CrossKeys and logo are registered trademarks of CrossKeys Systems Corporation. All other trademarks are the property of their respective holders and are acknowledged by CrossKeys Systems Corporation. |
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