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Cyneta Networks Moves Corporate Headquarters to Telecom Corridor; Wireless Telecommunications Company's Growth Drives Expansion Into Larger Facility.


Business Editors & High-Tech Writers

DALLAS--(BUSINESS WIRE)--April 2, 2002

Cyneta Networks Inc., a leader in next-generation wireless networks infrastructure, today announced the relocation of its corporate headquarters to a larger facility in Richardson, Texas Richardson is a suburb in Dallas County and Collin County, Texas. As of the 2000 census, the city had a total population of 91,803, while according to a 2006 estimate, the population had grown to 99,200. .

The move facilitates Cyneta Networks' continued growth strategy as it begins the final phase of testing and launch of its Intelligent Packet Control Node Platform(TM) (IPCN IPCN Implementation Plan Change Notice ). Based on early-market feedback, the company secured additional space to accommodate accelerated progress in technology development and deployment.

"We are very pleased that Cyneta has chosen the Telecom Corridor as a location to grow its outstanding business. Wireless technologies are currently at the forefront of the telecommunications industry, and it is gratifying grat·i·fy  
tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies
1. To please or satisfy: His achievement gratified his father. See Synonyms at please.

2.
 to us that a leader like Cyneta recognizes the corridor as a partner which can facilitate its growth on many levels," said John Jacobs John Jacobs is the name of:
  • John Jacobs (American golfer) (born 1945), PGA Tour and Champions Tour player
  • John Jacobs (English golfer) (born 1925), European Tour player and internationally-known golf coach and instructor
, vice president of the Richardson Economic Development Partnership.

Cyneta Networks' new office will house engineering, marketing, sales and administrative staff, as well as a technology and production lab dedicated to product development. The 34,000 square-foot facility is located at 1201 N. Bowser Bowser may mean:
  • Bowser, British Columbia, an unincorporated community on Vancouver Island
  • Bowser and Blue
  • Bowser and Blitz from C.O.P.S.
  • Bowser (Nintendo), the main villain in the Mario series of video games.
 Road in Richardson, Texas, in the heart of the Telecom Corridor.

"Relocating our headquarters to the Richardson Telecom Corridor was a strategic move to be closer to important customers, potential employees and the telecom community, all of which are key to our continued success," said Doug Smith Doug Smith may refer to:
  • Doug Smith (baseball) former MLB baseball player
  • Doug Smith (basketball), former American professional basketball player
  • Doug Smith (composer), American composer and pianist
, president and 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.  of Cyneta Networks. "The move further enhances our technology presence in the area and supports our strategy for growth and leadership."

About Cyneta Networks:

Headquartered in the Richardson, Texas Telecom Corridor, Cyneta Networks is a leading wireless infrastructure company that develops solutions at the "true edge" of wireless networking. The company's solution improves operating efficiencies and profitability for operators deploying 2.5G/3G networks. Cyneta Networks offers customers a unique product called Intelligent Packet Control Node(TM) (IPCN), a network services platform that enables wireless operators to significantly improve mobile network performance and subscriber satisfaction, as well as produce new revenues. Founded in 2000, Cyneta Networks is a privately held company privately held company

A firm whose shares are held within a relatively small circle of owners and are not traded publicly.
. In addition to its US operation, the company has a European office located in London. For more information, please visit www.cynetanetworks.com.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 2, 2002
Words:365
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