Erlang Technology and NEC Electron Devices Expand Partnership To Include China.Business Editors & News Directors ST LOUIS--(BUSINESS WIRE)--Oct. 3, 2002 Erlang Technology today announced it has signed an agreement with NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. Electron Devices to expand its strategic partnership to deliver high-performance switch-fabric solutions in China. This agreement now makes possible the Chinese distribution of Erlang's chipsets, including the now available Se, the next generation Xe and the EXS EXS Expandable Switching System (Lucent) EXS Executed Schedule 880, a comprehensive reference design system. The two companies already have a similar partnership 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 prior to this agreement, had won several design wins as result of working together in China. Erlang Technology Inc. designs, develops and delivers leading-edge switch fabric components with offerings of switching solutions covering the private, enterprise and carrier domains to support all common transport protocol types. The partnership will expand NEC's current broadband communications product offering to include switching and routing solutions based on Erlang's leading-edge switch-fabric technology, and enhance NEC's portfolio in the optical-networking space in China. The products manufactured through this partnership will be targeted toward enterprise and carrier-class OEMs designing products such as multi-service switches and routers, metropolitan optical network equipment, IP service platforms and edge access equipment. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Gartner, an independent market research firm, "The China telecommunications market is a slumbering giant that has just woken up. In the last decade, China introduced competition progressively, and this has spurred exponential increases in subscriber growth for all telecommunication services. China, with the world's largest population (it is nearing 1.3 billion) and a PSTN (Public Switched Telephone Network) The worldwide voice telephone network. Once only an analog system, the heart of most telephone networks today is all digital. In the U.S. subscriber base of 179 million at end 2001, represents an enormous market opportunity that could shape the worldwide telecommunications marketplace in terms of technology and service trends." "Erlang's partnership with NEC has been very beneficial to North America. There is no doubt that NEC has the reach, experience and relationships in China that Erlang needs to become a major player in potentially the world's largest communications market," said Paul Min, 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 Chairman of Erlang Technology. He added, "With this agreement in place it is only a matter of time before we become a leading player in this burgeoning market." "NEC provides world's leading semiconductor technologies, as well as full coverage and deep penetrating sales and support network, long historical experience and expertise in China marketing. Now together with Erlang's outstanding design know-how and capability in high performance switching and routing devices, we are targeting at the world's most promising telecommunication market -China," said Wallace Ng, Marketing Manager of NEC Electronics Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. Limited. "We believe this is an explosive win-win combination and will generate huge benefits for both Erlang and NEC," Ng added. About NEC Corporation NEC Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : NIPNY, FTSE FTSE A company that specializes in index calculation. Although not part of a stock exchange, co-owners include the London Stock Exchange and the Financial Times. Notes: The FTSE is similar to Standard & Poor's in the United States. : 6701q.l, TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : 6701) is one of the world's leading providers of Internet, broadband network and enterprise business solutions dedicated to meeting the specialized needs of its diverse and global base of customers. Ranked as one of the world's top patent-producing companies, NEC delivers tailored solutions in the key fields of computer, networking and electron devices, through its three market-focused, in-house companies: NEC Solutions, NEC Networks and NEC Electron Devices. NEC Corporation employs more than 140,000 people worldwide and had net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight of approximately $39 billion in the fiscal year ended March 2002. For additional information, please visit the NEC home page at: http://www.nec.com. About Erlang Technology Erlang Technology Inc. is a fabless semiconductor company A fabless semiconductor company specializes in the design and sale of hardware devices implemented on semiconductor chips. It achieves an advantage by outsourcing the fabrication of the devices to a specialized semiconductor manufacturer called a semiconductor foundry or "fab. that designs, develops and delivers leading-edge switch fabric components. Erlang offers switching solutions covering the private, enterprise and carrier domains to support all common protocol types. Founded in March 1999 by Washington University Associate Professor Dr. Paul Min, with a team of talented and capable electrical engineers, Erlang was formed out of over 10 years of research into the design requirements of high- level semiconductor chips. Erlang solutions are particularly suited for the development of routers, switches and access concentrators for the Internet and other types of broadband networks. For additional information, please visit Erlang Technology's home page at http://www.erlangtech.com SOURCE: Erlang Technology |
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