FastComm Signs Distribution Agreement With Sumisho Electronics.Business Editors/High Tech Writers DULLES, Va.--(BUSINESS WIRE)--May 15, 2000 Major Japanese Supplier Will Support Sales Of Chanlcomm 7790(R) Data Center Product FastComm Communications Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: FSCX) today announced that it has signed a three-year agreement today with Sumisho Electronics Co., Ltd., to supply the Japanese data center market with FastComm's Chanlcomm 7790(R), a multi-protocol communications controller A peripheral control unit that connects several communications lines to a computer and performs the actual transmitting and receiving as well as various message coding and decoding activities. designed to replace costly data center front-end processors. With 10 office locations and 500 engineering, technical and sales staff throughout Japan, Sumisho Electronics will act as a full service distributor for FastComm, providing sales, service, installation and maintenance. Sumisho, a publicly traded subsidiary of Sumitomo Corporation Sumitomo Corporation (住友商事, Sumitomo Shōji) TYO: 8053 is a highly built worldwide trading company (Sogo shosha), and is a diversified corporation based in Tokyo, Japan. It is a member company of the Sumitomo Group. , is one of Japan's most well known and highly respected technology and system integration firms, with key customers including Hitachi, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , NTT NTT Nippon Telegraph and Telephone Corporation NTT New Technology Telescope NTT National Technology Transfer, Inc NTT Name That Tune (TV game show) NTT National Tree Trust NTT Number Theoretic Transform , 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. and major Japanese banks. According to Peter Madsen, 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 FastComm, "This agreement is a significant step in our strategy to expand ChanlComm's reach into the multi-billion dollar international data center arena. Sumisho has validated this strategy by adding FastComm's product to its existing lines of data center products from such companies as Inrange, Amdahl and Storage Technologies. Initial orders have already been placed." FastComm's ChanlComm 7790(R) is a networking device that connects Wide Area Networks directly to mainframe computers, improving their efficiency and dramatically reducing operating costs. It is a stand-alone communications controller that supports 64 T1/E1 lines and can be stacked to 256 lines. It is an economical alternative to remote communications via standard IBM 37X5 front-end processors without having to use costly IBM software products, such as NCP (1) (Network Control Program) See SNA and network control program. (2) (NetWare Core Protocol) The file sharing protocol used in a NetWare network. or SSP (1) (Service Switching Point) The local exchange node in an SS7 telephone network. The SSP can be part of the voice switch or in a separate computer connected to it. . "We are pleased to announce this distribution partnership with Sumisho because of their extensive technical and sales expertise," stated Dr. Kenneth Bloom, vice president of FastComm's Mainframe Networking Division. "Sumisho offers its customers the highest level of quality, service and support, adding the ChanlComm to their product line is something we are extremely proud of." Mr. Nobuo Washiyama, general manager, Sales Department 3, Business Solutions Division 2 of Sumisho, states, "We are pleased to add the Chanlcomm 7790(R) to our product line, I am confident it will help solidify Sumisho's position as a leader in the development of total business solutions for our data center customers." The ChanlComm 7790(R) includes such features as on-line reconfiguration of communication lines; real-time status & performance monitoring that includes line and channel activity; graphically displayed line loading; modem signal status; and system alarms. The host-attached 7790 is channel connected, with traditional "bus and tag" cables to the mainframe. Each 7790 provides 64 T1/E1 interfaces and 4 channels for legacy communications. Up to four 7790s can be stacked to provide 256 T1/E1 lines controlled from a single console. IBM's ESCON (Enterprise Systems CONnection) An IBM S/390 fiber-optic channel that transfers 17 Mbytes/sec over distances up to 60 km depending on connection type. ESCON allows peripheral devices to be located across large campuses and metropolitan areas. technology will be used in FastComm's ChanlComm 7790(R) Communications controller products. According to Bloom, "ESCON technology strengthens the opportunity to expand our ChanlComm product to large end users, due to the advantages of its high-speed fiber optic protocol." The ESCON technology is replacing the older and slower bus and tag channels, which require large, bulky cables and provide data transfer capacity of up to 4.5 megabytes per second (unit) megabytes per second - (MBps, MB/s) Millions of bytes per second. A unit of data rate. 1 MB/s = 1,000,000 bytes per second (not 1,048,576). . ESCON channels, by contrast, provide a data transfer rate of up to 17 megabytes per second using standard fiber optic cable Noun 1. fiber optic cable - a cable made of optical fibers that can transmit large amounts of information at the speed of light fibre optic cable transmission line, cable, line - a conductor for transmitting electrical or optical signals or electric power . About FastComm FastComm (www.fastcomm.com) designs, develops, and manufactures advanced WAN/LAN/Global network routing and switching equipment, controllers and processors for IBM environments, Internet access products, and related networking devices. It is a total system solution provider specializing in voice/fax/video/data over IP and Frame Relay. FastComm is a leader in the effort to provide optimal migration paths for legacy networks that are upgrading to newer routing technologies. The corporate goal is to provide customers with leading-edge networking technology and a cost-effective means of incorporating these technologies into new or existing networks. FastComm prides itself in its ability to customize networks to meet the specific needs of their customers. These customers include state governments, federal agencies, and multinational corporations. FastComm products include the WEB.router(TM), GlobalView(TM), EtherFRAD(TM), RingFRAD(TM), MetroLan(TM), QUICK II(TM), ChanlComm(R) and GlobalStack(TM). These products provide routed and switched Voice / Data and Video access solutions for bandwidths ranging from 9.6kbps to full T1/E1 over Leased Line, Frame Relay, X.25 and digital and analog networks. FastComm, WEB.router, GlobalView, MetroLan, MonoFRAD, EtherFRAD, RingFRAD, QUICK II, GlobalStack and SuperView are all trademarks of FastComm Communications Corp. ChanlComm(R) is a registered trademark of FastComm Communications Corp. All rights reserved. All other trademarks are the property of their respective owners. About Sumisho Sumisho Electronics Co., LTD (SSE (1) An earlier full-screen editor in OS/2. (2) (Streaming SIMD Extensions) A series of additional instructions built into Pentium CPU chips for improved multimedia performance by performing mathematical operations on multiple sets of data at the ) is one of Japan's most well known and highly respected high-tech distribution and system integration firms. With particular expertise in the development of total business solutions and integrated engineering systems, SSE offers its customers the highest level of quality, service and support, backed by over twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. of experience serving Japan's most demanding customers. SSE provides not just the tools, but also the technical expertise required to be known as Japan's "Total Solution Provider". Forward-looking statements are made in this release pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that all forward looking statements are subject to risk and uncertainties, including, without limitation, the timing of new announcements or introductions by the company and its competitors, the hiring and retention of key employees, competitive pricing pressure, dependence on third parties for components and products, and general economic conditions in the United States and international markets, and the risk factors detailed from time to time in the Company's periodic reports and registration statements filed with the Securities and Exchange Commission. |
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