NETsilicon Receives Frost & Sullivan's 1999 New Technology Leadership Award for Ethernet Connectivity Products
Business Wire - December 06, 1999 08:22
WALTHAM, Mass.--(BUSINESS WIRE)--Dec. 6, 1999--
NETsilicon Honored for Lead Role in Bringing Open Networking to Industrial Automation with NET+Works
NETsilicon, Inc. (Nasdaq:NSIL), the leader in system-on-chip (SoC) networking solutions, today announced that it has been awarded Frost & Sullivan's prestigious 1999 New Technology Leadership Award for Ethernet Connectivity Products. Frost & Sullivan analysts concluded that NETsilicon is playing an instrumental role in bringing Ethernet to the factory floor and that Ethernet is ideally positioned for use in industrial automation.
"At NETsilicon, we are firm believers in the benefits of Ethernet in industrial automation and are committed to working towards its universal acceptance," said NETsilicon President and Chief Executive Officer Cornelius "Pete" Peterson. "We are honored to be recognized by Frost & Sullivan as leaders in this movement and we will continue to develop NET+Works applications and products designed to bring the many benefits of open networking to the factory floor."
NETsilicon's latest initiative to accelerate the adoption of open networking on the factory floor is NET+Fast IP(TM), which dramatically reduces the time it takes to process and execute commands over an Ethernet network. NET+Fast IP breaks one of the major barriers to the acceptance of open networking on the factory floor by using blistering speeds to overcome shortcomings due to Ethernet's nondeterministic nature.
According to Frost & Sullivan Senior Analyst Lance Gordon, "Industrialists have the expectation in mind that they can use Ethernet, that they are going to use it, and application barriers that present themselves can be worked through. Manufacturers are pressing for an `Ethernet Plan.' Industrial Ethernet will happen."
NETsilicon's NET+Works(TM) solutions in industrial automation are based on using Ethernet, Internet, and web-based technologies to advance factory floor connectivity, leveraging the benefits of browsers, Internet mail, and FTP throughout. Creating an easy migration to open networking, NETsilicon focuses on preserving the intelligence now contained in fieldbus objects, while transporting these objects over TCP/IP and using the power of web-based HTML screens for status and management. NETsilicon's NET+Works family of embedded networking solutions, when coupled with PHY and memory, contains all the hardware and networking software necessary to add Ethernet/Internet connectivity to virtually any electronic product design.
Frost & Sullivan is an international marketing, consulting and training company that monitors the Ethernet and industrial fieldbus industry and presents awards annually to companies that have made a positive contribution to this industry. Frost & Sullivan's new study Ethernet and The Industrial Fieldbus Market: The Advent of Industrial Ethernet in Totally Integrated Automation Strategies examines the growth of Ethernet networks in industrial automation.
Another award in the cabinet. Fundementals solid. Jack |