Xinex Networks Inc - Leading distributor signs for Vortex
Xinex Networks Inc XNX
Shares issued 28480277 1997-08-27 close $0.46
Thursday Aug 28 1997
Mr Roy Leahy reports Transdata Corporation, a private company in Guaynabo, Puerto Rico, has signed on to be a distributor of both Xinex's Vortex system as well as its mindSET line of products. Transdata is a network systems integrator and platform reseller for Novell, Microsoft, Bay Networks and 3Com. The company has been serving customers in the Caribbean for 15 years and will supply customers with Vortex and mindSET products to end users in St. Croix, St. Thomas, Puerto Rico and the Eastern Caribbean. Vortex is an innovative multimedia office communications system that integrates the functions of sophisticated telephony systems (PBXs) and local area networks (LANS), while delivering advanced voice, data and video applications over most types of telephone-grade wiring to the desktop. "We have been waiting a long time for products like this," said Klaus Steinklauber, Transdata's founder and president, "Our customers want as much computer integration for their telephone systems as possible. The fact that Vortex can deliver all this plus videoconferencing and unified messaging is extremely exciting." Steinklauber added "The mindSET XC computer integrated telephones are perfect complementary products because they offer a standalone home office solution to customers who don't require a larger scale system like Vortex." Transdata is the first distributor signed outside the US, and demand is starting to come in from different areas around the world. Vortex is a new breed of office communication system for the small to medium size business. It integrates the telephone system and computer network into one system for full-featured PC-based telecommunications. Based on market research, Xinex believes that the multimedia functionality, cost effective initial investment and reduced annual operating cost of the Vortex network will provide the solution being sought by the company's targeted small and medium size business market. Vortex utilizes an innovative technology that provides bandwidth on demand and allows the simultaneous transmission of integrated voice, data and video over a single wiring network. The initial release of the Vortex product will allow for the carriage of data at 25 mbps, with effectively four to five times more data payload than a conventional 10 baseT Ethernet LAN. Vortex's data transmission capability is based on the asynchronous transfer mode (ATM) standard 53 byte cell structure. Xinex has augmented this broadband switch technology within the local area network with its proprietary encapsulation approach to ATM. Vortex will offer more flexible multi-point, cost effective multimedia delivery capability than the constrained, more expensive, point to point delivery capability of today's ATM products. Xinex believes that its derivative ATM technology will be able to economically deliver ATM to the desktop thus solving one of the major obstacles in the adoption of ATM based multimedia technology in the marketplace, The Vortex multimedia system provides an interactive environment in which users can collaborate simultaneously on complex documents such as graphics, spreadsheets, or engineering designs, while seeing and talking with co-workers in other offices. The system is dynamically configured, allowing moves, adds or changes to occur at will without disruption to other users. In addition to telephony functions the system provides the ability to use Windows-based data applications, such as Microsoft Office, as well as provide Internet access, e-mall, printer sharing and modem pooling. The video component is currently being implemented through Intel's Proshare. Xinex anticipates Vortex will ultimately support numerous video systems. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com
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