Newbridge Networks to Resell Sonoma Systems High-Performance LAN Access Products; Agreement Addresses the Quickly Growing Native LAN Services Market.MARINA DEL REY Del Rey may refer to:
A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Retix (Nasdaq:RETX), Friday announced the signing of a reseller agreement with Newbridge Networks Newbridge Networks was an Ottawa, Ontario, Canada company founded by Canadian/Welsh entrepreneur Terry Matthews. It was founded in 1986 to create data and voice networking products after Matthews was forced out of his original company Mitel. Corp. Newbridge Networks will resell the Sonoma Access, a high-performance LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. access platform that supports 10/100 Ethernet, 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. and FDDI (Fiber Distributed Data Interface) Often pronounced "fiddy," it was a LAN and MAN access method that had its heyday in the mid-1990s. FDDI was an ANSI standard token passing network that transmitted 100 Mbps over optical fiber up to 10 kilometers. connectivity to asynchronous transfer mode See ATM. (communications) Asynchronous Transfer Mode - (ATM, or "fast packet") A method for the dynamic allocation of bandwidth using a fixed-size packet (called a cell). See also ATM Forum, Wideband ATM. ATM acronyms. Indiana acronyms. (ATM). The product enables users to gain access to legacy and high-speed local area networks (LANs) through ATM networks to meet the growing demand for native LAN services and other broadband access See broadband and wireless broadband. needs. "We are very pleased that Newbridge Networks has chosen the Sonoma Systems product," stated Gregory Koss, 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 Sonoma Systems. "As a leader in networking, Newbridge Networks provides us with an excellent channel for this product. We expect revenues from this agreement to build up over the next few quarters as more and more customers discover the benefits of native LAN services." "Native LAN Services offer wide area networking in terms that LAN managers are familiar with. This eliminates the need to learn a new telecom technology such as ATM in order to connect remote LANs," said Beth Gage, broadband consultant with TeleChoice Inc. "Native LAN services also offer some cost savings thanks to reduced equipment and administration, as compared with ATM and other data services." Native LAN services provide advantages over traditional data service offerings by significantly reducing the wide area networking (WAN) burden for LAN managers. They eliminate the need to purchase WAN equipment such as CSU/DSUs and router ports and also eliminates time spent on evaluating wide area services or equipment vendors. Service providers can offer LAN managers an easy-to-use, easy-to-manage service connection through a familiar Ethernet, Fast Ethernet, Token Ring, or FDDI interface. Sonoma Access configurations include DS3 (45 Mbps) ATM, E3 (34 Mbps) ATM and OC-3c/STM-1 (155 Mbps) ATM with both single mode and multimode fiber optic interfaces and Ethernet, Fast Ethernet, FDDI and Token Ring LAN connectivity. The Sonoma Access sets a new price/performance standard as it is approximately one-third the cost of traditional ATM routers. About Sonoma Systems Sonoma Systems, a wholly owned subsidiary of Retix, is an emerging vendor focused on the service provider market with a mission to provide complete connectivity for multimedia broadband access with price, performance and ease-of-use leadership. Sonoma Systems has headquarters in Marina del Rey, with an engineering center located near Boston and sales and support offices located throughout North America and in Europe. Detailed information on products, news announcements, service and support is available on the Sonoma Systems World Wide Web site at http://www.sonoma-systems.com . About Newbridge Networks Corp. Newbridge Networks (http://www.newbridge.com) is a global leader in ATM, frame relay and advanced private line networking systems, according to independent research. The company designs, manufactures, markets and services a comprehensive family of networking products and systems that delivers the power of multimedia communications solutions to organizations in more than 100 countries throughout the world. Newbridge products are the choice of an expanding range of customers, which includes the world's 200 largest telecommunications service providers, as well as more than 10,000 corporations and government organizations. The company has facilities throughout Canada, the United States, Latin America, Europe, the Middle East, Africa, Asia and Australia. Newbridge Networks is a public company whose common shares are listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. (NN) in the United States and The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (NNC NNC NASCAR Nextel Cup (stock car racing circuit) NNC National Neighborhood Coalition NNC Naga National Council (India) NNC Neural Network Council (IEEE) ) in Canada. NOTE: Except for the historical information presented, this news release may include forward-looking statements that involve risks and uncertainties, including the timely availability of new products, acceptance of new technologies, the impact of competitive products, the dependence on key partners and alliances and the length of the company's sales cycle and specific timing of revenues and other risks detailed in the company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC). Copies of the most recent Forms 10-K and 10-Q are available upon request from Retix's investor relations Investor relations The process by which the corporation communicates with its investors. department. Retix is a registered trademark of Retix and Sonoma Systems and Sonoma Access are trademarks of Retix. All other trademarks are owned by their respective companies. CONTACT: Sonoma Systems, Marina del Rey John F. Mazzaferro, 310/827-8000, ext. 552 fax: 310/305-2525 john-mazzaferro@sonoma-systems.com http://www.sonoma-systems.com |
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