More good news after the bell news. hmmmmmm why are they releasing after the bell. make sure you read the section about Daewoo.
Daewoo Telecom Selects Cabletron Gigabit Ethernet Switches to Deploy Multimedia Services
Business Wire - September 10, 1999 16:29
SmartSwitch Router Solution Selected to Minimize Downtime for IP Voice, Video and Data applications
Cabletron Systems (NYSE:CS) today announced that Daewoo Telecom, Korea, the computer manufacturing arm of the Daewoo Group, has selected a Cabletron high-speed Gigabit Ethernet solution to provide scalable, secure switching and reduce network downtime. In addition, the new communications infrastructure from Cabletron will allow Daewoo Telecom to deploy multimedia services, including video-conferencing and IP telephony.
H.K. Kim, MIS manager for Daewoo Telecom explains, "Daewoo Telecom's three major business units were located within disparate offices across Korea. Our plan focused on integrating our work environment into one office in Pundang, and to increase work efficiency by utilizing multimedia services. In order to achieve this, we had to provide a reliable, stable network infrastructure."
Daewoo Telecom utilizes Cabletron's application-aware SmartSwitch Routers (SSRs), which provide critical layer 3/4 features that are fundamental when deploying voice and video applications. These features include Quality of Service (QoS), prioritization and traffic management.
"Cabletron's Gigabit Ethernet solution was an easy choice for Daewoo Telecom. It proved to be feature-rich and extremely cost-effective when compared to competing solutions. We were impressed with the built-in redundancy that Cabletron's SmartSwitch Routers provide - an important consideration in a zero-downtime environment such as ours," added Kim.
Said Ray Wright, Cabletron's director of marketing, convergence: "Cabletron's goal is to deliver a single communications system for voice, video and data, enabling the network to deliver utility-like services. It is important to allow prioritization of critical functions, processes and applications, rather than just IP addresses. This is achievable using Cabletron's family of intelligent SmartSwitch Routers.
Cabletron's SmartSwitch Router has been independently ranked number one in the Layer-3 switch marketplace by both Gartner Group and Dell'Oro Group. In addition, Cabletron's SSR 8600 was recently named "Product of the Year" by Network Magazine, earning top honors for integrated management and high-port density.
About Daweoo Telecom
Daewoo Telecom provides total solutions in various IT technology fields such as Information Equipment, the essence of information processing, Information System, the bases for information and communications, and Information Terminal that supports the end-users' utilization of information. Other fields of interest for Daewoo Telecom include the Defense Industry and Maritime Electric Information Equipment that incorporates advanced IT technology.
About Cabletron Systems
Cabletron Systems, a premier provider of world-class networking solutions, delivers reliable network access and communications to millions of people worldwide. With scaleable products designed for Global 1000 enterprise networks, service providers and small businesses, Cabletron is the e-business communications specialist in the Internet economy. Listed on the New York Stock Exchange for more than a decade under the symbol CS, Cabletron is an S&P 500 index company. Cabletron's web site can be reached on the Internet at cabletron.com.
CONTACT: Cabletron Systems Annmarie Dickson, (603) 337-2249 adickson@ctron.com or Cabletron Systems Michelle Mi-Kyung Won, (82-2) 2645-5987 |