NetWorth and UB Networks sign three-year purchasing agreement.(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 :NWTH) Monday announced that UB Networks (UB), a provider of networking solutions and NetWorth's largest customer, recently signed a new three-year purchasing agreement that allows NetWorth to continue providing UB with its stackable 10BASE-T repeaters and manufacturing of the jointly developed GeoRim switching products. This agreement broadens the UB and NetWorth relationship to include Fast Ethernet An earlier name for 100Mbps Ethernet. See 100Base-T. (networking) Fast Ethernet - A version of Ethernet developed in the 1990s(?) which can carry 100 Mbps compared with standard Ethernet's 10 Mbps. It requires upgraded network cards and hubs. products and the current switching products, and allows an even stronger push by UB Networks to expand its distribution channels while increasing its already-strong growth in stackable products. This new purchasing agreement allows both companies to offer high-speed networking solutions to extended channels. ``The projected growth of the emerging Fast Ethernet market provides a new foundation for growth in UB's stackable hub-switching product offerings,'' said Marius Able, senior vice president and general manager, UB Networks' network product divisions. NetWorth is meeting this demand with the most comprehensive line of Fast Ethernet products and has captured a significant 50 percent market share in Fast Ethernet port shipments to date. NetWorth and UB will begin co-development of several nondisclosed Fast Ethernet products under this agreement. A leader in Fast Ethernet, NetWorth is a premier developer, manufacturer and supplier of Ethernet and Fast Ethernet intelligent hubs A network device that performs a variety of processing functions, including network management, bridging, routing and switching. Contrast with passive hub and active hub. See hub. , switches, adapters and related products. For more information, call 214/929-1700 or, toll-free inside the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. or Canada, 800/544-5225; or on-line BBS (1) (Bulletin Board System) A computer system used as an information source and forum for a particular interest group. They were widely used in the U.S. , 214/929-4882; World Wide Web URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. -- http://www.networth.com. -0- NOTE TO EDITORS: NetWorth is a registered trademark of NetWorth Inc. in the United States and other countries. UB Networks is a registered trademark and GeoRim is a trademark of UB Networks. All other trademarks are the property of their respective owners. CONTACT: NetWorth Inc. Tamye Oshman, 214/929-1700 toshman@networth.com 72662,32 CompuServe or UB Networks Colleen col·leen n. An Irish girl. [Irish Gaelic cailín, diminutive of caile, girl, from Old Irish. Bell, 408/582-7933 cbell@ub.com |
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