DLJ selects StrataCom's IGX to build advanced ATM enterprise network; ATM brings desktop multimedia and videoconferencing to traders and support personnel, improves availability, performance for Bursty, client server applications.SAN JOSE, Calif.--(BUSINESS WIRE)--Nov. 13, 1995--To improve operational efficiencies, lower network costs and create a reliable, multiservice network infrastructure, Donaldson, Lufkin and Jenrette (DLJ DLJ Distributor License for Java DLJ Donaldson, Lufkin & Jenrette Inc. DLJ Drive Like Jehu (band) DLJ Defence Laboratory Jodhpur (India) DLJ Dead Letter Journal ) Securities has selected StrataCom's ATM switches for its new metropolitan area network (MAN). DLJ has already deployed StrataCom IGX IGX Inspector General Exercise IGX Intelligraphics (Dallas, TX, USA company; developer of computer device drivers) IGX Integrated Services Digital Network Gateway Exchange IGX Integrated Gigabit Exchange IGX Integrated Gigabit Switch switches in three sites as part of the overall network upgrade. The IGX switches are being used to interconnect the firm's Manhattan corporate headquarters, Jersey City data center and a new operations facility, also located in Jersey City. The new network will also enable DLJ to more easily extend the use of ATM throughout its worldwide WAN, which includes 20 domestic and international offices, in early 1997. Supporting more than two thousand professionals in the securities industry, the new IGX network will carry both legacy and ATM traffic, handling the majority of DLJ's corporate applications, such as live market data feeds, as well as various stock portfolio and risk management applications. Additionally, the new network will enable DLJ to provide videoconferencing capabilities and emerging multimedia applications, which were not supported with the previous TDM (Time Division Multiplexing) A technology that transmits multiple signals simultaneously over a single transmission path. Each lower-speed signal is time sliced into one high-speed transmission. (time division multiplexing (communications) time division multiplexing - (TDM) A type of multiplexing where two or more channels of information are transmitted over the same link by allocating a different time interval ("slot" or "slice") for the transmission of each channel. I.e. ) -based network. Platform Criteria Key to the selection of StrataCom's IGX platform was its support for both narrowband legacy traffic and ATM; the company's demonstrated ability to provide reliable and secure carrier class ATM solutions; and sophisticated and mature network management software, including StrataSphere BILLder, a usage-based billing application for ATM which provides DLJ with accurate information for charge backs within the corporation. With the new IGX ATM infrastructure, DLJ will be able to more effectively meet emerging network demands for higher speed and bursty client/server applications Additionally, the IGX ATM platform will enable DLJ to: -- improve its bandwidth utilization between 30 to 50 percent by expanding capacity and eliminating overburdened segments of the network; -- simplify network management by implementing one integrated management system; -- eliminate single points of failure by increasing network resiliency; -- consolidate multiple traffic types on the same network; and -- decrease complexity by minimizing the number of components in the network. ATM: A Strategic Investment Having implemented ATM within its local area network (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. ), DLJ understood the cost and speed benefits they could achieve by implementing ATM throughout the corporate network and has projected a payback cycle of less than three years for equipment costs for the new network. "We expect to achieve significant advantages with the new network in terms of increased productivity, bandwidth savings, network uptime and support for emerging applications," said Jeff Speight, senior vice president and chief networking officer The Chief networking officer (CNO) is a business networking position in a company or other organization. The position is not related to the eponymous technical executive position in the computer industry. for DLJ. "In addition, ATM provides us with the fastest and most efficient delivery mechanism to stay ahead of our internal demand and our competitors on Wall Street." DLJ Securities Donaldson, Lufkin & Jenrette is a leading integrated investment and merchant bank that serves institutional, corporate, governmental and individual clients. DLJ's businesses include securities underwriting; sales and trading; merchant banking; financial advisory services; investment research; correspondent brokerage services; and asset management. Founded in 1959 and headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , DLJ employees 4,676 individuals worldwide and maintains seventeen offices in thirteen cities in the United States and seven offices in six cities in Europe and the Far East. The company's common stock trades on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol "DLJ." StrataCom, Inc. StrataCom, Inc., (NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). :STRM STRM Stream (US Postal service standard street suffix) STRM Starmedia Network, Inc. (stock symbol) STRM System Trouble Report Menu STRM Streamer ), based in San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. , USA, develops, delivers and supports FastPacket networking systems for multiband ATM applications in private wide area networks and public carrier service offerings, such as frame relay and ATM. StrataCom's family of products, including FastPAD, EdgeConnect, IPX (Internetwork Packet EXchange) The network layer protocol in the NetWare operating system. Similar to the IP layer in TCP/IP, it contains a network address and allows messages to be routed to a different network or subnet. , IGX, BPX, and AXIS, is used to integrate and transport a wide variety of corporate information, including voice, data, video, LANs, image and multimedia traffic in narrowband to broadband ATM network applications. Visit StrataCom's home page at http://www.stratacom.com. -0- Note to Editors: IPX, FastPacket, and StrataCom are registered trademarks and BPX, AXIS, FastPAD, EdgeConnect and IGX are trademarks of StrataCom, Inc. CONTACT: StrataCom Jennifer Wenker, 408/534-2663 jwenker@strata.com David Callisch, 408/534-2521 dcallisch@strata.com |
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