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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (22003)	11/2/1999 11:14:00 AM
From: Mr.Manners	Read Replies (2) \| Respond to of 108040

In MADGF awhile before SI went down Tuesday November 2, 9:38 am Eastern Time Company Press Release Madge.connect to Address the Gigabit Switching Needs of the Corporate Networking Market With Intel Technology Joint Efforts With Intel Will Offer Customers a Highly-Advanced Switching Platform For Gigabit Technology and the Integration of Token Ring And Ethernet Over IP WEXHAM SPRINGS, United Kingdom--(BUSINESS WIRE)--Nov. 2, 1999-- Madge.connect(TM), part of Madge Networks N.V. (NASDAQ NM: MADGF - news), a global network solutions provider, is collaborating with Intel Corporation to deliver to market a multi-gigabit platform for Token Ring and Ethernet networks. The agreement allows Madge.connect to deliver gigabit switching solutions for Token Ring users based on Intel's advanced Gigabit Ethernet switching platform. Committed to helping customers' smooth migration towards IP-based applications and the convergence of voice, video and data, the agreement will enable Madge.connect to offer a comprehensive backbone switching solution that supports the integration of Token Ring and Ethernet data on a common backbone. By offering a Gigabit solution for Token Ring users, Madge.connect will give Token Ring network managers the investment protection and solid development path they need as their network bandwidth needs rise and they plan for the deployment of next-generation IP-based applications. ''In today's business environment customers need solutions that offer them the flexibility to move to next-generation IP-based applications as and when they want, as well as support multiple technologies in a single platform,'' said Mike Wilson, CEO of Madge.connect. ''The agreement with Intel combines both our strengths - Madge.connect's expertise and knowledge in Token Ring with Intel's leadership in Gigabit networking - to offer corporate Token Ring users the ultimate in high-performance networking solutions.'' According to Sean Riley, business unit manager of Intel's LAN Systems Operation: ''This agreement builds on the efforts of both Intel and Madge.connect to deliver high-performance switching products to the corporate market. Madge.connect is a leader in Token Ring networking and its decision to integrate our technology represents a significant step in supporting enterprises with mixed networking protocols.'' Product availability is planned for the first half of 2000. Further information about Madge.connect can be found at www.madge.com. About Madge Networks Founded in 1986, Madge Networks (NASDAQ NM: MADGF - news) is a global managed network services and product solutions provider specializing in mission-critical enterprise needs. The company's goal is to optimize the implementation of enterprises' voice, video and data networks with the ultimate aim of converging all networking needs on Internet Protocol (IP) solutions. The company's main business centers are at Wexham Springs, United Kingdom, Eatontown, New Jersey and San Jose, California. Information about Madge's complete range of products and services can be accessed on the World Wide Web at www.madge.com Private Securities Litigation Reform Act Statement Investors should take note that certain statements in this press release are forward-looking and may not give full weight to all of the potential risks (including risks involved in the reliance on OEM suppliers, the licensing of technology from third parties, the challenges of developing and bringing high-technology products to market, competition and changed resource allocation resulting from these and other factors). Forward-looking statements included in this press release include statements which refer to offering a comprehensive backbone switching solution on a common backbone, giving Token Ring network managers investment protection and a solid development path, offering Token Ring users the ultimate in networking solutions, planned product availability in the first half of 2000 and other statements which are not completely historical. Actual results, actions or events could differ materially. For more information on risks, please refer to Madge's SEC filings, including Madge's SEC filings on Form 20-F and Form 6-K. Madge, Madge logo and Madge.connect are trademarks, and in some jurisdictions may be registered trademarks, of Madge Networks or its affiliated companies. Other trademarks appearing in this document are the property of their respective owners. Intel is a registered trademark of Intel Corporation. Contact: Madge Networks Zoe White/Simon Drennan, +44 (0) 1753 661 000 zoe.white@madge.com or Text 100 Public Relations Jorn Sanda, + 44 (0) 181 242 4119 jorns@text100.co.uk or Text 100 Public Relations Peter Alfrey, 617/723-1044 / 210 PeterA@text100.com More Quotes and News: Madge Networks NV (NasdaqNM:MADGF - news) Related News Categories: computers, networking