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Technology Stocks : Extreme Networks, Inc. (EXTR)
EXTR 17.65-0.9%Nov 5 3:59 PM EST

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To: MENSO who started this subject7/17/2001 8:50:41 PM
From: A.L. Reagan  Read Replies (1) of 770
 
Extreme Wins Korea Deal

SANTA CLARA, Calif. -- Demonstrating the continued acceptance of its Ethernet switching technology, Extreme Networks, Inc. (Nasdaq: EXTR - news) today announced that it has been selected by Korea Telecom to provide the infrastructure for its KORNET ADSL network, providing fast and reliable broadband Internet access.

As a premier ISP in Korea, KORNET provides network services including DSL, leased line services and traditional PSTN services to business customers throughout the region. To prepare for emerging applications and sustain its growth, KORNET has upgraded its network infrastructure with Extreme Networks' BlackDiamond® core Ethernet switch-routing solution.

"Korea Telecom has grown by anticipating customer demand and maintaining a quality infrastructure," said Kenny Kwon, network manager for San Yong Information and Communications Corp. "We have fortified Kornet's network by selecting advanced switching solutions from Extreme Networks, providing the density and performance to meet the rising requirements of Korea."

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