NEWZ OUT....
Perfisans Strengthens Channel Partner Alliances In China
2005-10-11 08:53 ET - News Release
LOS ANGELES -- (Business Wire) -- Oct. 11, 2005
Perfisans poised to penetrate the Chinese market with its Gigabit
Ethernet Adaptor Chip
Perfisans Networks Corp. (OTCBB:PFNH), a next-generation fabless
semiconductor company focused on the burgeoning Gigabit Ethernet
market, announces today a significant channel partnership with
Shenyang Xianfeng Jisuanji Gongcheng Company Limited, (also known as
"IT Pioneer") it-pioneer.com, to distribute Perfisans
Gigabit Ethernet products in the China market.
IT Pioneer has entered into a channel partnership agreement with
Perfisans to distribute its Gigabit Ethernet Adaptor products powered
by Perfisans' ENA1001 Ethernet Accelerator Application Specific
Integrated Circuit (ASIC). IT Pioneer will focus on establishing sales
of Perfisans' products through their wholesale channels and system
integrator solution customers.
IT Pioneer recognizes that there are increased demands for Gigabit
Ethernet products. As such, after several months of product evaluation
and compatibility testing with numerous computer motherboards, IT
Pioneer rated Perfisans' Ethernet Adaptor Card; "'Best of its class'
with the best mix of costs and performance amongst all adaptor cards
in its category," explained To-Hon Lam, CEO of Perfisans. "IT Pioneer
set up evaluation tests in their own laboratory and found that
Perfisans' Ethernet Adaptor boards significantly outperformed all of
its competitors, beating out adaptor boards from noted company's such
as Realtek and VIA. It is also important to note that in IT Pioneers'
own test environment, they also found that Perfisans' board delivered
faster and better results compared to that of Intel and 3Com adapter
boards".
Liu Dong Mei, President and Chairman of IT Pioneer, adds: "We are
always in search of better performance products for our customers but
pricing is always a significant factor as well. The market in China is
a very competitive environment. People today are not only looking for
a good price but also demand high quality and performance. IT Pioneer
has evaluated Perfisans' Gigabit Ethernet adaptor card for some time
now, and tests show that it is a great product from both a price and
performance standpoint. As such, we are confident that Perfisans'
product line will generate significant revenues for us through our
nationwide distribution channels."
ABOUT SHENYANG XIANFENG JISUANJI GONGCHENG CO. LTD. (LIAONING IT
PIONEER)
Shenyang Xianfeng Jisuanji Gongcheng Co., Ltd. is a fully owned
subsidiary of Liaoning Xianfeng Group Company. The Company is situated
in Shengyang South Lake High Tech Industry Development Zone. It has
achieved AAA credit level according to the credit rating system in
China. The Company has grown very quickly since its inception and has
formed an operation which integrates: system integration, technical
support, software development, market operation and customer services
together. The Company has ranked consistently among the top 100 IT
companies in China reselling Hewlett-Packard (HP) and IBM system
solutions. The Company's current revenues are over US$30M.
ABOUT PERFISANS HOLDINGS INC.
Founded in 2001, Perfisans Holdings, Inc. is an emerging fabless
semiconductor company focused on developing leading edge,
cost-effective, system-on-chip (SOC) integrated circuits (IC) and
delivering innovative solutions that address the performance needs of
next generation network interface systems. Rapidly being recognized
and endorsed by industry leaders for its innovative ASIC
architectures, the Company's technologies have applications in
data-telecommunication, storage networks, content delivery networks,
broadband networks, and rich streaming media.
Commercial and private network systems that utilize Perfisans'
true gigabit Ethernet accelerator products reward their operators with
significantly faster network data throughput speeds, increased
day-to-day operating efficiencies and enhanced bottom line
performance. Enterprise operators also welcome Perfisans' full
standards compliance and backward compatibility that makes possible
significant systems performance upgrades to existing network systems
at very low cost, by avoiding the necessity for operators to buy
expensive additional equipment. In addition, Perfisans' unique,
modular, micro-engine ASIC architectures yield industry leading
performance in very small chip sizes, which bear low manufacturing
costs. By contrast, leading competitive vendors have opted for
over-kill, CPU intensive chip designs which deliver sub-par
performance in costly, large chip sizes.
More information can be obtained from the Company's web site at
www.perfisans.com.
Cautionary Statement
This press release contains statements relating to future results
of Perfisans (including certain projections and business trends) that
are "forward-looking statements" as defined in the Private Securities
Litigation Reform Act of 1995. Actual results may differ materially
from those projected as a result of certain risks and uncertainties.
These risks and uncertainties include, but are not limited to: the
cyclical nature of the semiconductor industry and the markets
addressed by the company's and its customers' products; demand for and
market acceptance of new and existing products; successful development
of new products; the timing of new product introductions; changes in
product mix; product obsolescence; the availability of manufacturing
capacity; fluctuations in manufacturing yields; pricing pressures and
other competitive factors; the ability to develop and implement new
technologies and to obtain protection for the related intellectual
property; the uncertainties of litigation; our ability to attract and
retain qualified personnel; as well as other risks and uncertainties,
including those detailed from time to time in Perfisans' Securities
and Exchange Commission filings. These forward-looking statements are
made only as of the date hereof, and the company undertakes no
obligation to update or revise the forward-looking statements, whether
as a result of new information, future events or otherwise.
Perfisans Holdings Inc. (OTC Bulletin Board:PFNH)
Contacts:
Perfisans Networks Corporation
Alpha Pang
(888) 847-6972 x 264
ir@perfisans.com
www.perfisans.com
OR
Aurelius Consulting Group
Dave Gentry
(407) 644-4256, Ext: 104
info@aurcg.com
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