Vnetek Communications Acquires Legacy Products Lines From Cabletron Systems.Business/Technology Editors LONDONDERRY, N.H.--(BUSINESS WIRE)--Sept. 26, 2000 Vnetek Communications, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , announced today the acquisition of exclusive rights to manufacture and distribute legacy product lines from Cabletron Systems. As Cabletron continues their transformation strategy it was important for Cabletron to find a partner that would continue to support their legacy customer base. "Vnetek's commitment to providing quality products and top notch customer service were crucial elements in choosing them as our partner," said David Kirkpatrick, Cabletron's Corporate Executive Vice President of Operations and CFO See Chief Financial Officer. . As part of the legacy product lines Vnetek will continue to offer Cabletron customers SmartSwitch 9000, MMAC MMAC Multimedia Mobile Access Communication MMAC Metropolitan Milwaukee Association of Commerce MMAC Mike Monroney Aeronautical Center MMAC Mutated in Multiple Advanced Cancers MMAC Multi Media Access Center (Cabletron) Series, SmartSTACK Series and Stackables hubs. Cabletron transformed its business through the formation of four independent operating companies earlier this year. Riverstone Networks, Enterasys Networks, Global Network Technology Services and Aprisma Management Technologies Aprisma Management Technologies was created after Cabletron Systems was broken up into 5 smaller pieces, as the business unit to continue the highly successful SPECTRUM network management suite. It was acquired in early 2005 by Concord, which in turn was acquired by Computer Associates. are currently operating as subsidiaries of Cabletron, with the eventual goal to have four, separate publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. . The sale of the legacy product lines completes this phase of the transformation. "There are many loyal Cabletron customers that are satisfied with their existing platform and only want to add to or maintain their network. We plan to continue to service this customer base," said Vic Capozzi, President of Vnetek. About Vnetek Communications, LLC Headquartered in Londonderry, NH, Vnetek Communications is a privately held financial and joint venture specialist company focused on providing high quality refurbished networking products to large and small companies. Vnetek was founded in 1996 and has quickly grown into one of the largest suppliers of refurbished networking equipment in the world offering equipment from all the major manufacturers. For further information please contact Vic Capozzi at (603) 434-4040 ext. 235 and visit http://www.vnetek.com. About Cabletron Systems Cabletron Systems (NYSE NYSE See: New York Stock Exchange :CS) is a holding company for innovative, customer-focused organizations in the telecommunications and networking industry. 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. for more than a decade, Cabletron is an S&P 500-index company. Cabletron's web site can be reached on the Internet at http://www.cabletron.com. |
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