Olicom Selected by Unisys to Supply Wide Range of Networking Products in Multi-Million Dollar Contract with Social Security Administration; Olicom track record in supplying Token-Ring solutions to SSA figures in selection.DALLAS--(BUSINESS WIRE)--Sept. 17, 1996-- Olicom (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 :OLCMF), a leading global supplier of high-performance networking solutions, today announced the company has been selected by Unisys Federal Systems Division of McLean, Va. to supply hardware and software for more than 1,700 local area networks to be installed at the US Social Security Administration. Under SSA's Intelligent Workstation/Local Area Network (IWS/LAN IWS/LAN Intelligent Work Station/Local Area Network ) contract, Unisys Federal Systems Division will install 56,500 workstations in more than 1,500 SSA (Serial Storage Architecture) A fault tolerant peripheral interface from IBM that transfers data at 80 and 160 Mbytes/sec. SSA uses SCSI commands, allowing existing software to drive SSA peripherals, which are typically disk drives. offices nationwide as part of a single wide-area Token-Ring network - making it one of the most ambitious network implementations ever undertaken by the federal government. The Olicom solutions were chosen in part due to Olicom's track record in supplying Token-Ring solutions to the SSA. Under the definite quantity-indefinite delivery (DQ-ID) seven-year contract, Olicom will supply a wide range of networking hardware Networking hardware typically refers to equipment facilitating the use of a computer network. Typically, this includes routers, switches, access points, network interface cards and other related hardware. and software products, including Token-Ring adapters, bridges, control access units (CAUs) and lobe attachment modules (LAMs). The initial value of the total contract awarded to Unisys is $185 million, and over the life of the contract its total value is expected to reach $280 million. The direct value to Olicom is expected to be excess of $10 million. "As one of the largest Token-Ring installations world-wide, this contract affirms Olicom's undisputed leadership position in the Token-Ring market," said Michael Camp, 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. at Olicom USA. "We have been hard at work over the last two and a half years building a strong reputation within the SSA for delivering the best Token-Ring solutions available in the industry. The fact that we have been replacing competitive equipment in this account is a strong statement to Unisys Federal Systems Division about SSA's confidence in Olicom solutions." A central part of SSA's ambitious effort to streamline agency processes and reduce administrative costs administrative costs, n.pl the overhead expenses incurred in the operation of a dental benefits program, excluding costs of dental services provided. , the IWS/LAN program will upgrade their information technology infrastructure at field offices, state disability determination service offices, processing centers, teleservice centers and hearings offices - enabling SSA to more efficiently handle an ever-increasing workload. The SSA has some 65,000 employees that each day handle more than 250,000 phone calls, process 20 million real-time transactions and transfer some three million bytes of data on a geographically-dispersed Token-Ring network. As part of its contract with Unisys, Olicom will supply approximately 40,000 Token-Ring adapters, approximately 8,000 internetworking products and 1,000 PCMCIA (Personal Computer Memory Card International Association, San Jose, CA, www.pcmcia.org) An international standards body and trade association that was founded in 1989 to establish a standard for connecting peripherals to portable computers. PCMCIA created the PC Card. See PC Card. Token-Ring adapters. The initial buying period of the IWS/LAN program is over seven quarters, during which up to 75 turn-key LANs may be installed every month. About Unisys Unisys Federal Systems Division has been serving the federal market for more than four decades, and in 1995 enjoyed one of the most successful years ever-winning many new contracts. Federal Systems Division has a large share of federal government indefinite-delivery, indefinite-quantity contracts and is a leading provider of systems integration and information technology solutions and services. Further information is available at http://www.federal.unisys.com. About Olicom Olicom develops and markets a broad range of 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. , Ethernet, 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. and ATM local area network products. Olicom products, known for high quality, high performance and competitive prices, are distributed worldwide by a network of strategic partners and resellers. Founded in 1985, the company trades on the NASDAQ National Market System under the symbol OLCMF. More information on Olicom is available from the company's SEC filing or by contacting the company directly. Olicom news and product/service information are available at World Wide Web site http://www.olicom.com. Olicom is headquartered in suburban Copenhagen, Denmark. -0- Olicom is a registered trademark. All other brand and product names are registered trademarks of their respective holders. CONTACT: Olicom Simon/McGarry Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most Bob Cicciarella Gordon Woode (214) 516-4658 (413) 367-0104 bobc@olicom.com gordon@darling.com or Investor Relations Investor relations The process by which the corporation communicates with its investors. Contact: Stapleton Communications Deborah Stapleton 415-988-9207 deb@stapleton.com |
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