I just received the following from Nuvo:
News Release
Nuvo and Netricom Form Alliance Partnership
for Network Management Services
OTTAWA, ONTARIO, July 10, 2000 - Nuvo Network Management Inc., (CDNX:NNM), a leader in independent remote network management services, today announced that Netricom, a wholly owned subsidiary of Axia NetMedia Corporation, (TSE:AXX), has joined the Nuvo Alliance Partner Program.
Under the terms of the Alliance, Nuvo's rNMS series of remote network management services will be sold by Netricom's national sales force of more than 30 networking professionals.
The addition of Nuvo's remote network management services is a strategic move for Netricom, allowing the company to immediately extend the reach of its network services to offer a complete solution to its rapidly growing base of large and mid-size customers across Canada. Netricom's IP Networks skill set includes a portfolio of complementary core services including the design, provisioning, installation and maintenance of network infrastructure and network devices.
"A long-term Alliance Partnership with Nuvo makes sound business sense for us," said M. C. (Sam) Sanderson, Netricom's President. "We chose to partner with Nuvo rather than build a network management suite of services for three main reasons. First, Nuvo clearly has a market leadership position in the network management services marketplace. Second, our time to market is immediate. And, third, Nuvo's business strategy, including planned new service offerings, matches Netricom's business growth model and partnership requirements."
"Netricom's rapid growth and focus on data network services makes them an ideal partner for Nuvo," said Kevin Vachon, Nuvo's Chairman and CEO. "The immediate benefit to Nuvo is that we gain additional access to Canada's large and mid-size business sector. Overall, our network management capability, coupled with Netricom's highly competitive IP Networks and Axia's NetMedia options presents an excellent alternative for clients seeking a total network communications solution."
About Netricom
Netricom is ideally positioned to meet growing demand for Internet Protocol-oriented infrastructures. Through a number of timely acquisitions, Axia has assembled Canada's largest, coast-to-coast, non telco-aligned organization that specializes in the design, installation and maintenance of local and national IP Networks for enterprise customers. Netricom provides these services through a staff of 400 located in 10 branches across Canada.
About Nuvo
Nuvo provides remote network management services to enterprises requiring mission-critical solutions for their complex network infrastructures. Employing more than 100 industry professionals, Nuvo delivers web-enabled, end to end services for LAN/WAN based networks and networks of the new Internet economy. Through alliance partner relationships with Cisco, IBM, Sprint Canada and Netricom, Nuvo delivers global network management solutions to Fortune 500 corporations and government departments located in Canada and the United States.
For additional information, contact:
Doug Carwardine M. C. (Sam) Sanderson
Vice President, Business Development President
Nuvo Network Management Inc. Netricom
Tel: (613) 721-6886, ext. 400 Tel: (416) 364-1144 ext. 228
e-mail: dcarwardine@nuvo.com e-mail: sam.sanderson@axia.com
www.nuvo.com
The Canadian Venture Exchange has neither approved nor disapproved the content of this press release. |
