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Technology Stocks : Symbol Technologies

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To: P2V who wrote (72)5/10/1999 9:50:00 AM
From: walterenergy  Read Replies (1) of 128
 
Symbol Technologies and 3Com to Deliver Wireless LAN
Solutions for High Speed Data Communications

LAS VEGAS--(BUSINESS WIRE)--May 10, 1999--Symbol Technologies
(NYSE: SBL), a worldwide leader in wireless local area networking
(LAN), mobile computing and data capture systems and services, and
3Com Corporation (Nasdaq: COMS), a worldwide leader in converged
networks, today announced they have co-developed an 11Mbps direct
sequence wireless LAN solution based on Symbol's award-winning
technology for wireless data communications. This high-speed,
IEEE-standards-based system offers long-awaited benefits of mobility
and streamlined network management in the office that have been
long-proven in vertical market applications at lower speeds.
The business could bring significant new revenue to Symbol in the
next six to nine months. "Working together, the two companies make the
most of their unique and complementary strengths: Symbol has
extensive, in-depth experience in delivering innovative wireless LAN
and mobile computing solutions for corporate enterprises and public
institutions within vertical markets served by Symbol, while 3Com
leads in supplying networking solutions, services and support to the
broader market of corporate enterprises," said Tomo Razmilovic,
president and chief operating officer, Symbol Technologies. "We're
able to provide the best wireless LAN solution - from Symbol's
wireless network management system, to innovative technology, to
global support in the world of convergence between data, voice and
multimedia on a single wireless network.
"We are extremely pleased that 3Com, a world leader in enterprise
networking, has chosen to work with Symbol to develop high-speed
wireless LAN solutions."
Symbol will market the 11Mbps direct sequence offering under
Symbol's Spectrum24 solution set. With its high-speed data transfer
rate, the 11Mbps wireless solution supports new applications involving
large graphics files and multimedia. Spectrum24 also features a 2Mbps
frequency hopping system to support data and voice-over-IP
applications common in healthcare, retail, education, logistics,
hospitality, manufacturing and other industries where extended
coverage and battery life are essential.
"3Com is coming from a position of strength in delivering
networks to enterprises of all sizes," said Rich Redelfs, general
manager of 3Com's Wireless Connectivity Division. "We will build upon
our leadership in wired networks to make simple and reliable wireless
connectivity a reality for our customers."
At Networld+Interop, 3Com will introduce the high-speed 3Com
AirConnect wireless LAN solution for enterprise customers. The 3Com
AirConnect products will increase worker productivity by providing
simple and reliable access to information and network services,
enabling users to roam throughout the campus and still stay connected.
The wireless LAN also offers corporations greater flexibility -allowing
them to wirelessly add temporary workgroups and to
reconfigure workspaces without expensive rewiring.
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