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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?

To: Sector Investor who wrote (16274)	10/14/1999 10:48:00 AM
From: Dee Jay	Respond to of 42804

"IBM, Compaq, 3COM, Oracle and Novell Signed Up to Hyporium by Hyperchannel" - press release today. See biz.yahoo.com CHATSWORTH, Calif.--(BUSINESS WIRE)--Oct. 14, 1999--The top players of the IT industry today put their might behind the government's pledge to make the UK the best location for e-commerce when they signed up to Hyporium(TM). Other manufacturers including Axent and Equiinet have also recognized the benefits of Hyporium's(TM) revolutionary trading system and signed up to the hub. Hyporium(TM) is a real-time trading hub which allows end users, resellers, distributors and manufacturers to trade electronically over the Internet. Designed to help everyone involved in IT trade embrace electronic commerce, Hyporium(TM) is set to move into six other European countries, allowing distributors all over Europe to provide real-time electronic catalogs which include product, pricing and credit information into the trading hub. Hyporium can integrate manufacturers' electronic product catalogs and real-time stock and pricing from Compaq, 3COM and IBM distributors into the trading hub. Resellers can procure easily and efficiently by visiting one Web site. In addition, end users can select and purchase Compaq, IBM and 3COM products and services from resellers through an easy to use and efficient process. Kevin Bishop, EMEA Channels Director, IBM said: ``We are looking forward to exploring the possibilities that this innovative trading hub brings to IBM and its partners.' Compaq e-commerce Director UK, William Knocker stated: ``We are impressed by the potential of Hyperchannel's trading hub. It Web-enables a key part of Compaq's demand and supply channels and integrates our sales, marketing and supply chains with our distribution partners.' Mark Hollister, Global e-commerce Director, 3COM, said: ``A key part of 3COM's e-commerce strategy is to support our channel partners who want to offer our products and services via the Internet. By working with Hyperchannel, we can enable our partners to add a convenient online purchasing method to complement their existing customer services and support.' Oracle's Marketing Manager for General Business, Nigel Thomas, said: ``Oracle's e-commerce strategy includes expanding the market opportunities, improving business process efficiencies and creating new ways of retaining customers. By working with Hyperchannel, we can improve the service and efficiencies of supplying our products to end users through our existing supply chain.' Also endorsing the Hyporium(TM) hub, Dustin Newport, Novell's Director of EMEA sales, said: ``We are looking forward to increasing our European presence even more through Hyporium(TM). What we find really exciting is the unique ability of this solution to extend the reach of e-commerce to our small and medium sized customers while still retaining full channel integrity.' ``We are delighted that Hyporium(TM) (by Hyperchannel) is receiving endorsements from key industry leaders,' said Noam Lotan, President and CEO of MRV Communications Inc., ``We hope Hyporium(TM) will spread to become the preferred shopping tool in a two tier distribution model for the IT industry.' About MRV Communications Inc. MRV Communications Inc. (Nasdaq:MRVC - news) is a world class leader in optical access. Its products integrate fiber-optic transmission, switching, routing and remote access to enhance the performance of enterprise and carriers' networks. MRV's fiber-optic transmission components send Broadband Internet, voice, cable, and cellular telephony to carriers and access networks. Through its NBase-Xyplex brand, the company provides network enhancement solutions that accelerate the deployment and improve the performance of complex data networks. For more information, visit MRV at www.mrv.com. Note to Editors: MRV and its logos are registered trademarks of MRV Communications Inc. All other names may be trademarks, service marks or registered trademarks of their respective vendors. Contact: MRV Communications Inc. Diana Hayden, 818/886-6782