ALPHARETTA, Ga., Feb. 6 /PRNewswire/ -- The Network Connection, Inc.
(Nasdaq: TNCX) (TNCX), an Atlanta-based designer, manufacturer and distributor
of computer networking products that provide digital video/audio on-demand,
imaging and multimedia processes, and Advanced Telecommunications Modules,
Inc. (ATML), The Intranet switching company headquartered in Santa Clara,
Calif., today announced the formation of an OEM alliance to integrate TNCX's
super fast, Cheetah(R) digital video/audio on-demand servers into ATML's new
line of VIRATAstore video servers for resale worldwide. TNCX received an
initial $2.5 million order for 200 servers to be delivered this year. TNCX
estimates that this alliance will result in orders of $11 million for up to
800 new servers to be delivered over the next 18 months primarily for
education applications.
"ATML's expertise in ATM and IP switched networking coupled with TNCX's
superior scaleable video server architecture will help customers evolve their
Intranets to take full advantage of multimedia applications," said Mike
Stewart, V.P. Sales, Worldwide for ATML. "The rapid deployment of internal
web sites or Intranets has progressed to include video on demand as an
important requirement and this alliance will give customers the highest
capacity options available today with industrial strength reliability. The
versatile VIRATAstore family enhances nearly every departmental mission; human
resources benefits and training videos, manufacturing safety and QA training,
distance learning and marketing presentations for the front lobby and meeting
rooms."
"Our selection as the video/audio on-demand server partner by ATML
represents another significant milestone in TNCX's goal to establish its
products as the standard for worldwide video/audio on-demand solutions," said
Wil Riner, Chairman and CEO for TNCX. "ATM networking is growing rapidly, and
ATML is a worldwide leader in ATM technology. This alliance will help further
increase TNCX video server market leadership worldwide. The positive impact
of this program on the company is very significant both in terms of future
revenue and earnings potential," he added.
ATML, is the technology innovator providing high quality ATM switching
solutions for Intranets that integrate with existing LANs and enable
collaborative business communications. Founded in 1993 with offices in Santa
Clara, Calif.; Cambridge, England and Tokyo, Japan, ATML was spun off from
Olivetti Research Labs with the exclusive rights to commercialize its ATM
technology.
TNCX manufactures the extraordinarily fast Cheetah(R) and M2V(R) family of
video/audio server platforms which enables the storage and delivery of
video/audio data to local area networks. TNCX servers are used to bring
interactive, on-demand, full-motion video training, education and
entertainment to the networked client computers in the corporate, home,
educational, and hotel, aircraft, train and ship entertainment and transport
environments.
Statements in this press release that are not descriptions of historical
facts may be forward-looking statements that are subject to risks and
uncertainties, including economic, competitive and technological factors
affecting the Company's operations, markets, products, services and prices, as
well as other specific factors discussed in the Company's filings with the
Securities and Exchange Commission. These and other factors may cause actual
results to differ materially from those anticipated.
SOURCE Network Connection, Inc.
-0- 02/06/97
/CONTACT: Wil Riner, 770-751-0889 or 800-327-4853; Fax: 770-751-1884;
Internet: tnc.www.com; email: rhino1@tnc.www.com or Investor Relations:
Bryan Carr, email: carrb@tnc.www.com, both of The Network Connection or Mike
Stewart, Advanced Telecommunications Modules, 408-523-1584; Fax: 408-523-1410;
Internet: www.atminc.com or email: mstewart@atminc.com/
(TNCX)
CO: Network Connection, Inc.; Advanced Telecommunications Modules, Inc.
ST: Georgia, California
IN: CPR
SU: |
