Paragon Innovations Partners With NETsilicon to Bring Internet to Embedded Systems
PR Newswire - November 08, 1999 09:18
DALLAS, Nov. 8 /PRNewswire/ -- Paragon Innovations, a leading provider of outsourced systems design, announced today a partnership with NETsilicon Inc. (Nasdaq: NSIL), making Paragon the only NET+Works(TM) Authorized Developer in Texas, Oklahoma, Arkansas and Louisiana.
Paragon develops embedded systems using NETsilicon's NET+Works(TM) solution. "The time for networking everything from home appliances to industrial equipment has arrived," said Michael Wilkinson, founder and chief executive officer of Paragon Innovations Inc. "Our partnership with NETsilicon will help position us to be a major player in the Internet- appliance arena. The NET+Works solution takes appliance networking to the next level because it can handle all of the protocols necessary for Web communications with greatly reduced time-to-market."
"By partnering with Paragon, we can better serve the rapidly growing number of companies interested in pursuing the area of embedded networking," said Mark Taylor, NETsilicon's vice president of corporate marketing and product management. "Based on Paragon's years of experience and industry knowledge, it will help to further expand applications for the NET+Works solution and help companies add it to their current and future products."
Paragon Innovations, based in Richardson, Texas, designs and develops embedded systems for companies in both commercial and consumer markets. As outsourced experts, the company specializes in implementing Internet-related technologies (HTTP, FTP, POP3, SMTP, SNMP, TCP/IP, wireless, Ethernet, telephony) into products used in the medical, home automation, robotic and handheld device (PDA) markets. Paragon Innovations is one of the leading NET+Works Authorized Developer of NETsilicon Inc., a Massachusetts-based developer of semiconductor devices and software solutions designed to meet the networking requirements of embedded systems. Paragon Innovations was founded in 1990.
NETsilicon Inc. provides manufacturers of embedded systems with its NET+Works solution for networking embedded systems. The NET+Works solution incorporates semiconductor devices and a suite of software. The company also provides software development licenses and application engineering services to original equipment manufacturers to enable them to design products incorporating NET+Works technology. The company delivers a comprehensive, standards-based, scalable and extensible solution, and provides compelling value to OEMs relative to alternative solutions or the cost and effort of developing in-house networking expertise.
NETsilicon develops and markets semiconductor devices and software solutions designed to meet the networking requirements of embedded systems. The company's products are incorporated into the design of embedded systems to provide them with the ability to communicate over standards-based local area networks, wide-area networks and the Internet, enabling the development of new embedded systems applications. The company offers the first comprehensive solution that, in conjunction with the physical interface and memory, encompasses all of the hardware and software necessary to network enable embedded systems. The company's technology is designed to have broad applicability and therefore may add network functionality to many embedded systems, e.g. industrial automation equipment, communication devices, medical electronics, data acquisition and test equipment, Internet devices and utility monitoring equipment.
For additional company, product or financial information, visit the NETsilicon Web site, www.netsilicon.com, or call toll free 800-243-2333. For calls originating outside the United States, call 781-647-1234.
For More Information
Paragon Innovations Boston Communications for NETsilicon
Roy Miller/Matt Ricketts Bill Perkins
(214) 521-8596 (617) 912-1104
(214) 521-8599 Fax bperkins@bcww.com
rmiller@mbapr.com
ricketts@mbapr.com
paragoninnovations.com
Note to Editors:
NET+Works is a trademark of NETsilicon.
Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties. The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including without limitation the company's ability to develop, produce, and market products that incorporate new technology on a timely basis, that are priced competitively and achieve significant market acceptance; higher expenses associated with the development and marketing of new products; changes in product mix; risks of dependence on third-party component suppliers; inventory risks due to shifts in market demand; the presence of competitors with broader product lines and greater financial resources; intellectual property rights and litigation; needs for liquidity; and the other risks detailed from time to time in the company's reports filed with the Securities and Exchange Commission.
SOURCE Paragon Innovations Inc
NSIL certainly developing a nihe in the embedded technology area. Jack |
