To: kathyh who wrote (64235 ) 10/6/1999 9:03:00 AM From: JakeStraw Respond to of 90042
Cabletron Systems to Deliver Strategic Growth Plans At Telecoms '99, Geneva Piyush Patel, CEO and Romulus Periera, COO Utilize Telecoms '99 To Deliver High-Level Focus Plans for Convergence, ISP and Telco Markets ROCHESTER, N.H.--(BUSINESS WIRE)--Oct. 6, 1999-- Cabletron Systems (NYSE:CS - news) today announced that Piyush Patel, CEO, and Romulus Pereira, COO, will attend Telecoms '99, Geneva between 10 - 11 October, 1999. Throughout their visit to this leading European tradeshow, the senior executives will deliver their plans for Cabletron's growth, including high-level product strategies for convergence, Internet Service Provider (ISP) and telco markets. Cabletron will further utilize Telecoms '99 to unveil plans for their next-generation, high-speed routing platform, affirming execution on the company's stated vision for emerging telco markets. Cabletron is primarily concentrating on providing the tools for a converged infrastructure enabling the deployment of voice, video and data. This ensures a high-level of activity within the layer 3 switching market, where today, Cabletron retains number one market share position. In addition, Cabletron actively focuses and reigns in market segments such as Digital Subscriber Line (DSL), cable modems, network management and service and support. ''These are high-growth areas where Cabletron retains number one or number two market-share position, and here we plan to capitalize on our technological experience and superior knowledge,'' explained Piyush Patel, CEO, Cabletron Systems. ''We are extremely excited to attend Telecoms '99 and view this show as a tremendous opportunity to articulate Cabletron's direction.'' Gaining number one position in the Layer 3 market with their industry-leading SmartSwitch Router (SSR), Cabletron consistently provide users with reliable and scalable. In addition, the SSRs proven layer 4 capabilities such as Quality of Service (QoS), traffic prioritization and bandwidth monitoring and limiting functionality, enable Cabletron to lead the field in differentiating services to the desktop. Taking into account automation services, WAN aggregation, DSL and Cable leadership, Cabletron is well placed to take advantage of the emerging Internet economy. About Cabletron Systems Cabletron Systems, a premier provider of world-class networking solutions, delivers reliable network access and communications to millions of people worldwide. With scaleable products designed for Global 1000 enterprise networks, service providers and small businesses, Cabletron is the e-business communications specialist in the Internet economy. Listed on the New York Stock Exchange for more than a decade under the symbol CS, Cabletron is an S&P 500 index company. Cabletron's web site can be reached on the Internet at cabletron.com . ------------------------------------------------------------------------ Contact: Cabletron Systems Annmarie Dickson, (603) 337-2249 adickson@ctron.com or Cabletron Systems Mike Quinn, (603) 337-1282 Mquinn@ctron.com