Enterasys Networks Provides High-Performance Network for Spain's Universidad Complutense of Madrid.Business Editors/High-Tech Writers ANDOVER, Mass.--(BUSINESS WIRE)--June 5, 2003 Europe's Largest University Selects Enterasys for $2.7 million Network Infrastructure Upgrade Enterasys Networks This article or section contains information about scheduled or expected future events. It may contain tentative information; the content may change as the event approaches and more information becomes available. Inc. (NYSE NYSE See: New York Stock Exchange : ETS ETS Educational Testing Service (nonprofit private educational testing and measurement organization) ETS Emergency Telecommunications Service ETS Electronic Trading System ETS Engineering (&) Technical Services ), a global provider of Business Driven Networks(TM) for enterprise customers, today announced that the Universidad Complutense of Madrid (UCM UCM Universidad Complutense de Madrid (Spain) UCM University of Central Missouri (Warrensburg, Missouri) UCM Unified Change Management UCM Universal Content Management (Stellent, Inc. ), the world's fourth largest university, has selected Enterasys for a $2.7 million network infrastructure project. UCM selected Enterasys' switching and network management solutions to build an infrastructure providing the highest levels of network security and performance, and to support current and future applications such as on-demand video conferencing See videoconferencing. (communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications. , telemedicine and high-resolution digital images. The new network infrastructure provides information and services for the institution's teaching, research, and administrative departments, and will increase the overall efficiency of the University's processes and systems. The project's objectives include increased productivity, security and manageability, as well as supporting a versatile portfolio of services for a wide range of users. The University utilizes Enterasys' Matrix switches to deliver standards-based Gigabit Ethernet An Ethernet standard that transmits at 1 Gbps. Used mostly to connect high-end workstations and servers as well as for network backbones, Gigabit Ethernet transmits full duplex from point to point using switches and half duplex in a shared environment (CSMA/CD) using a hub. throughout the network, while leveraging its original network resources. The modular architecture of Enterasys' Matrix switching platform provides UCM with a migration path to future technologies while protecting its initial technology investments. "Thanks to the new network, we can increase both the effectiveness and productivity of the University, thus optimizing our investment," said Mighel Baena, director of information technology for the Universidad Complutense. "This has been possible mostly due to the technology of Enterasys Networks, which has allowed us to continue using existing equipment and protect our previous investments, while simultaneously offering the required flexibility and scalability to integrate new technologies in the future." In addition to Enterasys Matrix switches, the solution also includes Enterasys' NetSight management software, providing the University's IT staff a higher level of network control and security, increasing the productivity of its staff and the effectiveness of the network's security controls. UCM plans to leverage its new network capabilities with future projects, including remote software implementation (through disk cloning See cloning software. ), multicasting and the application of dynamic policy-based networking through Enterasys' User Personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. Networking (UPN UPN User Principal Name (Microsoft Windows 2000) UPN United Paramount Network UPN Unión del Pueblo Navarro (Navarrese People Union) UPN Umgekehrte Polnische Notation ) solution. Now, with high-availability and increased network control, the University plans to launch a suite of new services and applications to its students, educators and staff, including: -- Multimedia and image exchanges between its Somosaguas and Moncloa campuses -- Broadcast and videoconferencing A real time video session between two or more users or between two or more locations. Although the first videoconferencing was done with traditional analog TV and satellites, inhouse room systems became popular in the early 1980s after Compression Labs pioneered digitized video systems capabilities between campus centers -- Research programs, including telemedicine, image transmission, and others -- Campus-wide wireless coverage for mobile network connectivity -- High-speed Internet See broadband. access "Enterasys recognizes our customers' need for a network capable of accommodating future growth while simultaneously leveraging the technology investment that they already have in place," said Mark Aslett, president, Enterasys Networks. "The modular design In the context of systems engineering, modular design — or "modularity in design" — is an approach aiming to subdivide a system into smaller parts (modules) that can be independently created and then used in different systems to drive multiple functionalities. and policy-based networking capabilities of our products deliver the network security, performance and efficiency that the Universidad Complutense requires. The new Enterasys infrastructure is poised to grow along with the University for years to come." About the Universidad Complutense de Madrid The Universidad Complutense de Madrid enjoys a rich history tracing back to the General Study founded by King Sancho IV of Castile Sancho IV the Brave (1257 or 1258 – 25 April 1295, Toledo) was the king of Castile and León from 1284 to his death. He was the second son of Alfonso X and Yolanda, daughter of James I of Aragon. on May 20th, 1293. More than 700 years later, Complutense has grown to become the fourth largest University in the world in terms of students. UCM serves more than 109,000 students and employs more than 9,400 faculty and staff. The University offers over 70 official degrees across four areas of knowledge: Humanities, Mathematics and Natural Sciences, Health Science and Social Services social services Noun, pl welfare services provided by local authorities or a state agency for people with particular social needs social services npl → servicios mpl sociales . UCM operates two campuses in Moncloa and Somosaguas, encompassing more than 36,000 acres. For more information, please visit the University's website at www.ucm.es/ . About Enterasys Networks Enterasys Networks (NYSE: ETS) is a global provider of Business-Driven Networks(TM) for enterprise-class customers. Enterasys' innovative network infrastructure offerings deliver the security, productivity and agility benefits required by Global 2000 organizations, coupled with the industry's strongest service and support. For more information on Enterasys and its products, including multilayer switches and routers, wireless LANs, VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. , network management, and intrusion detection systems This article is about the computing term. For other uses, see Burglar alarm. An intrusion detection system (IDS) generally detects unwanted manipulations of computer systems, mainly through the Internet. (IDS), visit www.enterasys.com. This press release contains projections and other forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. regarding the future revenue, cash flows and other financial performance of us or other future events and circumstances, and actual results, events and circumstances could differ materially. Such statements include, but are not limited to, statements reflecting management's expectations regarding our future financial performance; strategic relationships and market opportunities; and our other business and marketing strategies and objectives. These statements may be identified with such words as "we expect", "we believe", "we anticipate", or similar indications of future expectations. These statements are neither promises nor guarantees, and involve risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. Such risks and uncertainties include, among other things, the following factors: the lingering effects of the recently settled SEC investigation and our financial statement restatements could materially harm our business, operating results and financial condition; worldwide economic weakness, deteriorating market conditions and recent political and social turmoil have negatively affected our business and revenues and made forecasting more difficult, which could harm our financial condition; we have a history of losses in recent years and may not operate profitably in the future; our quarterly operating results are likely to fluctuate, which could cause us to fail to meet quarterly operating targets and result in a decline in our stock price; we earn a substantial portion of our revenue for each quarter in the last month of each quarter, which reduces our ability to accurately forecast our quarterly results and increases the risk that we will be unable to achieve previously forecasted results; we may need additional capital to fund our future operations and, if it is not available when needed, our business and financial condition may be harmed; pending and future litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. could materially harm our business, operating results and financial condition; the limitations of our director and officer liability insurance may materially harm our financial condition; our failure to improve our management information systems and internal controls could harm our business; we have experienced significant turnover of senior management and our current management team has been together for only a limited time, which could harm our business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets ; retaining key management and employees is critical to our success; there is intense competition in the market for enterprise network equipment, which could prevent us from increasing our revenue and achieving profitability; we may be unable to expand our indirect distribution channels, which may hinder our ability to grow our customer base and increase our revenue; we expect the average selling prices The average sales price of goods or commodities. Especially used in the retail sector and technology distribution. of our products to decrease over time, which may reduce our revenue and gross margins; we use several key components for our products that we purchase from single or limited sources, and we could lose sales if these sources fail to fulfill our need on a timely basis; we depend upon a limited number of contract manufacturers for substantially all of our manufacturing requirements, and the loss of any of our primary contract manufacturers would impair our ability to meet the demands of our customers; and those additional risks and uncertainties discussed in our most recent filings with the Securities and Exchange Commission, including our annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended December 28, 2002. Readers are cautioned not to place undue reliance on these forward looking statements, which speak only as of the date hereof. We expressly disclaim any obligation to publicly update or revise any such statements to reflect any change in these forward-looking statements, or in events, conditions, or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements. |
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