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Technology Stocks : RETIX (RETX) Perhaps Another Acquisition Target For CSCO? -- Ignore unavailable to you. Want to Upgrade?

To: Adam Smith who wrote (984)	1/12/1998 9:53:00 AM
From: Marci L	Read Replies (1) \| Respond to of 1119

Adam, DSET corp. a Vertel competitor filed to go Public through Alex Brown. It looks like TMN is ramping up. BTW, Crosskeys got recommended today by SG Wrburg. Monday January 12, 8:04 am Eastern Time Company Press Release Vertel Names Ruth Cox Vice President of Business Development WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Jan. 12, 1998-- Vertel(TM)/Retix(R) (NASDAQ:RETX - news) a leading supplier of telecommunications management network (TMN) products, today announced the appointment of Ruth Cox to the post of Vice President of Business Development. She will be responsible for managing strategic alliances with key customers, technology and distribution partners, as well as Vertel's product and business acquisition activities. ''As the TMN market leader, Vertel is playing an important role in the evolution of the telecom industry,'' said Cox. ''Vertel's standards based enabling technologies and management solutions allow telecom carriers and service providers to meet the increasing demands of their customers. Their products enable fast and cost-effective introduction of new technologies extending the features and capacity of their networks. These products also facilitate the network interoperability required to deliver the high quality service necessary to compete in today's telecommunications market. I am pleased to be part of Vertel's team.'' Cox, formerly Vice President of Marketing for Digital Sound Corporation [Nasdaq:DGSD - news], brings 20 years of senior management experience in the telecommunications and computing industries to her position at Vertel. She played a pivotal role in the commercialization of PTT Telecom Netherlands as Vice President of strategy and was a key member of the systems engineering team which transformed US Sprint into a full service, long distance carrier. Ms. Cox also played an instrumental role in the creation of high growth telecommunications lines of business within such Fortune 500 companies as Hewlett-Packard, Oracle Corporation [Nasdaq:ORCL - news] and Tandem Computers. At Digital Sound Corporation, a supplier of public network based messaging systems, Ms. Cox was responsible for the marketing and business alliance programs and new product initiatives which have enabled the company to expand their market share internationally and into new segments such as wireless and the internet. ''Vertel's strength in the telecom market comes from our easy-to-use, comprehensive software infrastructure products and the powerful alliances we have developed with technology leaders such as HP and Microsoft.'' said Bruce Brown, President and CEO of Vertel/Retix. ''Ruth's extensive experience in the global telecom industry and her success in building high growth businesses through strategic alliances will greatly enhance our efforts to add partners that compliment our technology and distribution strategies.''