Lockheed Martin Selects Interphase as a Preferred Supplier for High-performance Communication Products.
-- Provides Internet-based Access to Interphase Product Information
for Lockheed Martin Locations Worldwide --
Interphase Corporation (Nasdaq:INPH), an international supplier of enterprise networking technologies, today announced a worldwide, multi-year purchasing agreement which establishes the company as a preferred supplier for Lockheed Martin Corporation (NYSE:LMT).
Under the agreement, Interphase joins a select group of companies with pre-approved supplier status, helping to streamline the ordering process and to ensure that Lockheed Martin's customers receive the highest quality products available.
"Our preferred suppliers undergo a rigorous evaluation process which looks at criteria including competitive pricing, product and service quality, technology roadmaps and future directions, as well as overall management strength," said Jon Rambeau, subcontracts project manager for Lockheed Martin. "We concluded from our competitive vendor analysis that Interphase was in a strong position to meet our requirements for data communications connectivity."
As part of the agreement, Lockheed Martin's engineering and procurement personnel will have direct access to Interphase product specifications and pricing via a special Web site established specifically for the Interphase/Lockheed Martin supplier relationship. This customized site provides worldwide access to the latest information on the entire line of Interphase communications products, including the popular PowerSAN(TM) Fibre Channel adapter and the award-winning ENTIA(TM) line of WAN communications controllers.
"This new agreement builds on the substantial success of our existing work with Lockheed Martin and demonstrates our commitment to develop significant, lasting business relationships with premier technology companies," said Greg Kalush, Interphase president and CEO. "We are excited about this enhanced partnership and look forward to capitalizing on the opportunities for global information services in the defense and commercial sectors serviced by Lockheed Martin."
Interphase has partnered with Lockheed Martin on a number of programs, including high profile defense projects such as the AEGIS Weapons System and The Advanced Tomahawk Weapon Control System (ATWCS). AEGIS is a radar and missile system that provides United States Navy warships with state-of-the-art air defense capabilities and is capable of simultaneous warfare on several fronts including air, surface and subsurface. ATWCS takes advantage of commercial off-the-shelf computer technology to initiate and support launch preparation of Tomahawk land attack missiles on surface combatants and fast attack submarines.
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin (NYSE:LMT) is a highly diversified global enterprise principally engaged in the research, design, development, manufacture and integration of advanced-technology systems, products and services. The Corporation's core businesses span space and telecommunications, electronics, information and services, aeronautics, energy and systems integration. Employing more than 161,000 people worldwide, Lockheed Martin had 1998 sales surpassing $26 billion.
About Interphase Corporation
Interphase Corporation designs and delivers high-performance connectivity adapters for enterprise server network environments and demanding embedded systems applications. The company is a respected leader in designing robust and reliable interfaces for storage area (SAN), wide area (WAN), and local area (LAN) networking environments utilizing the technologies that are laying the foundation for networks in the 21st century including Fibre Channel, remote access and virtual private networking (VPN) protocols and ATM.
Interphase is a publicly traded company and has been listed on NASDAQ (INPH) since 1984. Headquartered in Dallas, the company markets its products to original equipment manufacturers (OEMs), distributors, systems integrators, value-added resellers (VARs) and large end-users through a worldwide direct sales force, global channels and an extensive service and support network. Additional information about Interphase and its products is available through the company's Web site at http://www.iphase.com.
The Interphase logo is a registered trademark and PowerSAN and FibreView are trademarks of Interphase Corporation.