Force10 Networks Named Investors' Choice at Prestigious Network Outlook Conference.Business Editors/High-Tech Writers Network Outlook Private Equity Conference MILPITAS, Calif.--(BUSINESS WIRE)--March 18, 2004 More than 300 business leaders, venture capitalists, entrepreneurs and industry analysts selected Force10 Networks as Investors' Choice at the recent Network Outlook Private Equity conference. The prestigious award recognizes the 10 private technology companies that are voted as best positioned for long-term success in the data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. industry. "Network Outlook has a distinguished history of identifying late stage startups that go on to revolutionize an industry, including Microsoft (Nasdaq:MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ), Dell and Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. (Nasdaq:SUNW SUNW Sun Microsystems, Inc (former stock symbol; now JAVA) SUNW Stanford University Network Workstation (Sun Microsystems, Inc) )," said Marc Randall, 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 Force10 Networks. "This award is an extraordinary validation of our vision and commitment to revolutionizing high performance switching and routing technologies for the networking industry." During the two-day event, 72 companies presented their business plans to attendees, who selected the 10 Investors' Choice companies. Network Outlook is an annual conference sponsored by VentureWire that explores the economic and technology issues impacting the data communications industry. Force10 Networks was also recently singled out by Heavy Reading, Light Reading's subscription report service, as a bright spot in telecom. 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. the report, "Telecom Recovery Investment Opportunities," Force10 is a likely candidate to reach the equity markets. The report examines the telecom recovery, attributing it to the revitalization of service providers. With increasing cash flow, service providers have the financial resources to begin deploying next-generation technologies. Recently, universities, enterprises and telecom operators around the world have deployed the Force10 E-Series to increase network performance. Petroleum Geo-Services Petroleum Geo-Services ASA (OSE: PGS, NYSE: PGS), an oilfield service company, provides geophysical services worldwide, and floating production services in the North Sea. , an oilfield services company, is running its applications six times faster with the E-Series. Additionally, a number of international universities are leveraging the E-Series for 10 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. campus networks, including Korea's Chung Cheong University and China's Tsinghua University and Shenzhen University City. Hanaro Telecom, Korea's second largest telecommunications carrier, has also deployed the Force10 E-Series in a countrywide backbone network upgrade to 10 Gigabit Ethernet. The Force10 E-Series combines unmatched scalability with best-in-class resiliency to bring the network and application predictability required to maximize network performance. Fully distributed Fully distributed A new stock issue that has been completely resold to the investing public and is no longer held by dealers. fully distributed Of or relating to a new issue of securities that has been sold out. hardware and modular software deliver line-rate Gigabit and 10 Gigabit throughput across all ports regardless of traffic type or condition while built-in hardware redundancy guarantees performance continuity. About Force10 Networks Force10 Networks is the pioneer in high performance switching and routing. Based on a revolutionary system architecture that delivers best-in-class resiliency and massive scalability, Force10's E-Series switch/routers ensure predictable application performance, increase network availability, and reduce operating costs. Today, many of the world's largest Gigabit Ethernet and 10 Gigabit Ethernet networks depend on Force10 Networks. For additional information, please visit the company's website at www.force10networks.com. Force10, E-Series, EtherScale and FTOS FTOS Flight Termination Ordnance System are trademarks of Force10 Networks, Inc. All other company names are trademarks of their respective holders. |
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