Another interesting company out of Westlake Village...
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Rhinos International Selects Coyote Technologies Switch Solution; To Build Integrated IP/ATM International Private Data Network
June 19, 1998
WESTLAKE VILLAGE, Calif., June 18 /PRNewswire/ via NewsEdge Corporation -- Coyote Technologies, a subsidiary of Coyote Network Systems (OTC Bulletin Board: CYOE), today announced that Rhinos International, Ltd. Co., has selected its switch platform as part of Rhinos plan to build an international private data network using integrated Internet Protocol (IP) and Asynchronous Transfer Mode (ATM) technologies. The first switch was shipped this month.
Rhinos test and deployment plans represent a significant commitment to Coyote's switch platform and will enable Rhinos to be a leader in delivering innovative IP and ATM wholesale data network solutions. Rhinos will provide carriers and resellers with virtually unlimited bandwidth for simultaneous data, voice, and video services.
"By making Coyote's switch platform part of the Rhinos data network architecture, Rhinos can offer quality end-to-end Signaling System 7 (SS7) IP and ATM data solutions to carriers and resellers," said Leighton M. Cubbage, founder and chairman, Rhinos International. "Because of the 'can-do' project management team at Coyote coupled with their capital-conserving switch, Coyote is our preferred vendor of choice for Rhinos' continued worldwide network build-out."
"We are pleased to be selected by Rhinos," said Daniel W. Latham, president and chief operating officer, Coyote Network Systems. "We believe that telecom service providers require scalable and cost effective solutions to differentiate themselves and to expand into new markets by offering new revenue-generating services. Our switch solution will enable Rhinos to provide state-of-the-art voice, data, and video services to their customers."
Coyote's carrier-class switch will enable Rhinos to provide privacy and quality of service benefits of ATM with the universal connectivity of IP. With IP and ATM, service providers can protect their investment with revenue- generating services such as Frame Relay, while positioning their networks to deliver innovative IP-based services such as virtual private networks, electronic commerce, and intranet hosting. Coyote's switch enables voice over IP, ATM and Frame Relay.
About Coyote Network Systems
Headquartered in Westlake Village, CA, Coyote Network Systems, through its subsidiaries, provides telecom service providers with scalable carrier-class switches, IP (Internet Protocol) gateway systems, international long distance services, and plans to provide CLEC services. For more information about Coyote Network Systems, please visit Coyote's Web site at cyoe.com or call 1-888-88 Coyote.
About Rhinos International
Rhinos International, Ltd. Co., is a privately held international data network company headquartered in Greenville, South Carolina. Its founder is Leighton M. Cubbage, a principal at Seruus Ventures, LLC, a venture capital firm with an emphasis in communications and connectivity. Mr. Cubbage is the former President and co-founder of Corporate Telemanagement Group, Inc., a facilities-based long distance service provider.
The statements in this news release may be considered "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to be materially different from any future performance suggested in this news release. Such factors include, but are not limited to, actual and potential competition, risks associated with consolidation in the industry and with international expansion, general and economic conditions, the need to manage growth, and certain product, technology and regulatory risks. For more information, please refer to the Company's filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
SOURCE Coyote Network Systems
/CONTACT: Tony Squeglia of Coyote Network Systems, 818-735-5385, A.Squeglia@cyoe.com/ /Web site: cyoe.com / (CYOE)
[Copyright 1998, PR Newswire]
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