Madge.connect Launches Global Web Portal to Offer Online Sales Channel for the Industry's Leading Range of Token Ring Solutions.Business Editors/Hi-Tech Writers WEXHAM SPRINGS, U.K.--(BUSINESS WIRE)--Aug. 20, 2001 www.token-ring.com Will Complement Existing Reseller Channel to Enhance Processing, Fulfillment and Delivery of Madge Customer Orders Madge.connect(TM), a subsidiary of Madge Networks Madge Networks NV. founded by Robert Madge and best known for its work with Token Ring, was a global leader and pioneer of high speed networking solutions in the mid 1990s, and also made significant contributions to technologies such as Asynchronous Transfer Mode (ATM) and Ethernet. N.V. (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 NM: MADGF), has announced its new Madge Portal online sales channel for its market-leading range of Madge Token Ring A local area network (LAN) access method developed by IBM. Conforming to the IEEE 802.5 standard, Token Ring uses a token ring access method and connects up to 255 nodes in a star topology at 4, 16 or 100 Mbps. solutions. The Madge Portal will be available from September 2001 at www.token-ring.com and will enable global customers to access the complete range of Madge Token Ring solutions online, as well as taking advantage of Token Ring-related services and information. It will provide users with a range of benefits including reduced operational costs and greater choice, support for online credit card purchasing, the latest information on product strategies and developments delivered direct to their desktop, and an online interface to further enhance communications with their preferred reseller. The launch of the new Portal extends Madge.connect's e-commerce development strategy and supports the company's latest research, which shows that 47 per cent of customers surveyed are interested in buying their Token Ring solutions online. The new Portal allows accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. Madge resellers to set up online catalogues that customers can access via a standard Web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. and use to place purchase orders online. Customers can purchase Madge Token Ring and complementary IT and networking products from Madge resellers. All orders will be fulfilled through Madge.connect's existing resellers and distributors. "Recent Madge research indicated that many customers buy, or plan to buy, networking products online, but many resellers do not yet offer this facility," said Simon Drennan, Marketing Director for Madge.connect. "Around 47 per cent of customers surveyed said that they would like to buy Token Ring products via the Web, which clearly demonstrates the strong customer demand for online purchasing. Madge.connect is again responding to the need of Token Ring customers everywhere by offering free access to this e-trading Portal." "The new Madge Portal will also complement existing customer-to-reseller relationships by bringing the two parties together online. Madge now truly enables e-commerce with a complementary channel to market that broadens sales opportunities for our worldwide resellers and increases choice and value for our customers," added Simon Drennan. Customers interested in the Portal can register at http://www.madge.com/connect/portal or email portal@madge.com About Madge.connect Madge.connect is a global supplier of advanced networking product solutions to large enterprises. As the market leader in Token Ring, Madge.connect is pioneering next generation networking Next Generation Networking (NGN) is a broad term to describe some key architectural evolutions in telecommunication core and access networks that will be deployed over the next 5-10 years. solutions, which enable the painless pain·less adj. Free from complication or pain: a painless operation. pain  less·ly adv. deployment of 100Mbps and Gigabit speed IP-based applications within existing corporate networks while protecting customers' investments in Token Ring. About Madge Networks N.V. Madge Networks N.V. (NASDAQ NM: MADGF), through its Madge.connect subsidiary, is a global supplier of advanced networking product solutions to large enterprises, and is the market leader in Token Ring. Madge Networks also has an associate company, Red-M(TM), a leading supplier of Bluetooth(TM) wireless networking See wireless network. product solutions. The Company's main business centers are located in Wexham Springs, United Kingdom and Milpitas, California Milpitas (IPA pronunciation: mɪlpitʌs; inhabitants are called 'Milpitans') is a city in Santa Clara County, California. It is located with San Jose to its south and Fremont to its north, at the eastern end of Highway 237 and generally between Interstate freeways 680 and . Information about Madge's complete range of products and services can be accessed at http://www.madge.com. 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 Statement Investors should take note that certain statements in this press release are forward-looking and may not give full weight to all of the potential risks (e.g. difficulty of developing high technology products, changing industry standards, competition, the challenge of managing expenses to changing revenue and changed priorities and resource allocation resource allocation Managed care The constellation of activities and decisions which form the basis for prioritizing health care needs resulting from these and other factors). 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. in this press release include statements that refer to the fact that the Portal will provide users with a range of benefits including reduced operational costs and greater choice, support for online credit card purchasing, the latest information on product strategies and developments delivered direct to their desktop, and an online interface to further enhance communications with their preferred reseller and other statements, which are not completely historical. Actual results, actions or events could differ materially. For more information on risk factors, please refer to Madge's SEC filings. Madge, the Madge logo and Madge.connect are trademarks, and in some jurisdictions may be registered trademarks of Madge Networks or its affiliated companies Affiliated Companies A situation that occurs when one company owns a minority interest (less than 50%) in another company. Also refers to companies that are related to each other in some way. Notes: An affiliated company is sometimes referred to as a subsidiary. . Red-M is a trademark, and in some jurisdictions may be a registered trademark of Red-M (Communications) Limited. Other trademarks in this document are the property of their respective owners. |
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