SAN DIEGO--(BUSINESS WIRE)--Sept. 29, 1997--
Japanese VAR Signs Contract To Sell Millennium 4000 Gigabit Ethernet LAN Switches
XLNT, a leading manufacturer of networking technologies, Monday announced they have signed an agreement with Sumisho Electronics Co. Ltd., Network Division for the distribution of XLNT's Gigabit Ethernet product line in Japan.
The contract was finalized after Sumisho exhibited XLNT's product line at NetWorld + Interop Tokyo earlier this year. The company will begin distribution immediately.
Sumisho Electronics Co. Ltd., Network Division is a subsidiary of Sumitomo Corp., specializes in computer sales and systems integration for communications and information systems.
"We are extremely excited to have signed Sumisho Electronics to market our products in Japan," said William Atkinson, president and chief executive officer of XLNT. "We feel that Sumisho, an industry leader in networking expertise is the ideal partner for XLNT." Atkinson commented: "With the large installed base of FDDI in Japan, network managers are seeking a migration path to higher-speed technologies. By partnering with Sumisho, we can fill that void with our Millennium 4000 products. We believe we are the only company currently shipping a single box solution for FDDI to Gigabit Ethernet migration."
"It can be said that FDDI has been the most robust and popular backbone technology in the LAN to date," said Isao Morishita, general manager of Sumisho Electronics Co. Ltd., Network Division. "However, due to the rapid advancements made in the high-tech industry with the advent of the Internet/intranet and the sending of multimedia applications, networks are becoming saturated, especially in terms of throughput. With this, the demands on LAN traffic patterns are changing significantly, creating new network design rules and the need for more sophisticated backbone technologies. It is here that there is a great demand for the solutions which XLNT provides. Opportunities are abundant in the Japanese market because FDDI connectivity can provide a migration path to Gigabit Ethernet with the least amount of investment required."
The growth rate of the LAN switching market in general is expected to increase by 84 percent between 1996 and 1997 according to industry experts. In the Japan market it is expected to grow from 360 billion yen in 1996 to 680 billion yen in 1997. The strongest industry segments for XLNT in Japan are finance, manufacturing, utilities, government and academia.
About the Product
XLNT's Millennium family of Gigabit Ethernet switches integrate wire-speed switching into a flexible, fault-tolerant architecture robust enough for your LAN backbone. The first introduction of this high-performance switching platform is the 4000 series. The Millennium 4000 is a scalable switch featuring a media independent, five-slot chassis that supports switched 10Mbps, 100Mbps Fast Ethernet, 1000Mbps Gigabit Ethernet and FDDI connectivity.
About Sumisho
Sumisho Electronics was established in 1975 and is a subsidiary of Sumitomo Corp., one of three largest trading companies in Japan. The Network Division of Sumisho Electronics, focuses not on the simple resale of technology, but rather distinguishes itself instead as a true systems integrator, concentrating on network, office and engineering systems integration. They target high-end networking products and ability to provide full engineering support to their customers.
About XLNT
XLNT is dedicated to making networks run faster and more robust than ever before. In fact, since 1989, we have staked our reputation on building quality products for the major networking vendors. Now we've built one with our name on it -- Millennium 4000, the solution for migrating to Gigabit Ethernet and beyond. XLNT is a steering committee member of the Gigabit Ethernet Alliance and an active member in the 802.3z committee. The company remains privately held with headquarters in San Diego.
CONTACT: The Townsend Agency
Susan Caroppo, 619/457-4888
or
XLNT
Barbara Hurst, 619/487-9320
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