Red-M Supplies Madge Networks With Genos Wirelessware; OEM Agreement Will Enable Madge Networks To Provide Complete 802.11 Wireless Solution to Enterprise Customers.Business Editors and Technology Writers London--(BUSINESS WIRE)--May 23, 2002 Red-M(TM), the leader in wirelessware and wireless networking See wireless network. products, announces today that it has entered into an agreement to OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and a Token Ring version of its award-winning access server to Madge Networks. The agreement allows Madge Networks to supply Genos(TM) wirelessware, with the access server, as part of a powerful 802.11 wireless solution for its enterprise customers. Genos is an in-building wireless data and voice software soluton. It provides the control, management, security, policy, roaming and other services to enable enterprises to provision, secure, and manage all wireless voice and data services quickly and cost effectively. Version 2.1 of the Genos core, announced May 14, implements a unique 5-layer security model to provide maximum security, control and management across both wireless LAN and Bluetooth networks. Madge Networks is utilizing this unique technology from Red-M to facilitate the rapid migration of its enterprise customers to wireless networking. Martin Malina, 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 Madge Networks explains, "Many of our customers have been asking us to provide a secure and scaleable wireless solution that they are able to simply integrate into their existing Token Ring network A LAN access method that uses the token passing technology in a physical ring. Each station in the network passes the token on to the station next to it. Token Ring and FDDI LANs use the token ring access method. See Token Ring, FDDI and token passing. infrastructure. Red-M's clear lead in wirelessware is a key element in our ability to provide our customers with a unique and compelling solution. We are very excited to be working with Red-M in this way." About Madge Networks N.V. Madge Networks 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) is a global supplier of advanced networking product solutions to large enterprises, and is the market leader in Token Ring. Madge Networks 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 deployment of Wireless and also 100Mbps and Gigabit speed IP-based applications within existing corporate networks while protecting customers' investments in Token Ring. Madge Networks also has an associate company, Red-M (TM), a market leader in wireless networking solutions. Madge Networks' main business centers are located in Wexham Springs, United Kingdom and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . Information about Madge Networks' complete range of products and services can be accessed at www.madge.com About Red-M Red-M(TM) enables enterprises and network operators to implement intelligent wireless networks for mobile data and voice communications. Red-M is the recognized leader in wirelessware and wireless networking products. Red-M's wirelessware platform, Genos, solves the inherent management and security challenges of wireless networks; as well as being a scalable platform for creating truly mobile data and voice applications in which the users' interaction and experience can be tailored to location, device and access technology. Genos supports multiple wireless technologies including 802.11 wireless LAN and Bluetooth. Red-M's comprehensive wireless networking product portfolio includes wireless access servers and access points. Red-M is backed by several of the world's leading venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed 5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1] - Apax Partners, Amadeus Capital Partners and Intel Capital - as well as Madge Networks. In total, Red-M has raised $54m of financing since the company was founded in late 1999. The company has strategic relationships with a number of key industry players including Motorola, Ericsson, Computer Associates, Toshiba and Intel. Red-M is an Associate Member of the Bluetooth Special Interest Group The Bluetooth Special Interest Group (SIG) is the body that oversees the development of Bluetooth standards and the licensing of the Bluetooth technologies and trademarks to manufacturers. (SIG) and is co-chair of the PAN APR APR See: Annual Percentage Rate working group. Red-M has also won numerous industry, technology and product awards - in January 2002 it was awarded technology pioneer status by the World Economic Forum as one of the companies likely to shape the future of the world. Red-M has applied for numerous key patents in the areas of wireless communications and technology convergence. More information can be found at: www.red-m.com. Red-M, the Red-M logo, curvilinear curvilinear a line appearing as a curve; nonlinear. curvilinear regression see curvilinear regression. device, and Genos are trademarks, and in some jurisdictions may be registered trademarks, of Red-M (Communications) Ltd. Other trademarks appearing in this release are the property of their respective owners. Internet: www.red-m.com |
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