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Monday November 23, 8:01 am Eastern Time
Company Press Release
SOURCE: FORE Systems, Inc.
FORE Systems, TimePlex Group Join Forces to Offer Next Generation WAN Solutions
TimePlex Group's Acclaimed Enterprise Network Solutions To Feature FORE at the Core
PITTSBURGH, and WOODCLIFF LAKE, N.J., Nov. 23 /PRNewswire/ -- FORE Systems, Inc. (Nasdaq: FORE - news), and TimePlex Group, global suppliers of multiservice networks, have announced a solutions partnership enabling TimePlex to resell and support FORE Systems' industry-leading ATM (asynchronous transfer mode) switches as integral components of TimePlex Group's widely acclaimed wide-area network (WAN) solutions. The partnership will offer customers next generation, mission-critical networks that are resilient, scalable and future-proof.
The partnership teams FORE Systems' ATM networking solutions based on an Intelligent Infrastructure™ with TimePlex Group's expertise in the design and implementation of enterprise networks based on ATM, Frame Relay and Time Division Multiplexing access technologies. Through the partnership, the companies will offer customers a unique WAN solution to meet current mission-critical network demands, while offering unparalleled scalability and flexibility to support future network needs.
''This partnership offers a tremendous opportunity for enterprises worldwide to build the most powerful, intelligent and future-proof WANs,'' said Thomas Gill, President and CEO for FORE Systems. ''By taking advantage of the combined strengths of FORE Systems' leadership in ATM and TimePlex's leadership in WAN design and management, an organization can create a network with complete confidence that the investment will be protected well into the future.''
''The next generation of Wide-Area Networks, based on ATM technology, is at hand, and customers making this upgrade want to be able to manage cost, while assuring that their networks are resilient, scalable and future-proof,'' said TimePlex Group President and CEO Jacques de Labry. ''The TimePlex Cell Exchange ATM concentrator, powered by FORE Systems' ForeRunner® ASX™-1000 switching, offers a superior network platform on which to build the bandwidth to meet today's and tomorrow's demands.''
Partnership Combines Superior Access, WAN Design with Superior Core ATM Equipment
Thousands of customers around the globe rely on TimePlex Group to provide unmatched expertise in the design and implementation of WANs, employing the SYNCHRONY family of TimePlex products that offer the ability to migrate TDM, packet and frame relay networks to ATM.
Those customers now look to TimePlex to guide them through development of next generation networks. The key to building these new WANs will be creating a network infrastructure that can provide the bandwidth and Quality of Service (QoS) demanded by mission-critical applications implemented today and in the future.
The heart of that infrastructure must be a robust and resilient backbone, and FORE Systems leads the industry with the most advanced and reliable core ATM products. Competing WAN solutions cannot offer the same advantages because they fail to start with a resilient and scalable core and eventually can require costly forklift upgrades within a few short years.
Through the partnership, TimePlex Group will use its worldwide sales and support organization and expert analysis and planning to design WAN solutions that offer FORE Systems' equipment at the core, while utilizing TimePlex's hybrid SYNCHRONY and ATM Access products at the edge.
The new WAN solutions will:
-- Reduce WAN cost of ownership by enabling customers to leverage existing network resources and preserve the investment of the installed infrastructure, while avoiding the need for costly future upgrades. -- Enable bandwidth-on-demand for today's and tomorrow's services and applications, enhancing application performance and network resilience. -- Allow migration to ATM services in a controlled environment.
''Our customers trust our expertise in the design of their wide-area networks and want us to move them into the next generation networks,'' said de Labry. ''Using our partnership with FORE Systems to combine our strengths in ATM development, open systems architecture and network management, along with FORE Systems' core ATM solutions, allows us to meet all their networking needs.''
''Enterprise customers are turning to FORE Systems' ATM solutions to support the network services critical to their operations,'' said Gill. Teaming FORE's core equipment with TimePlex Group's unparalleled expertise in wide-area networking yields an unbeatable combination for the enterprise WAN.''
About FORE Systems
FORE Systems is a leading global supplier of networking solutions based on an Intelligent Infrastructure designed to handle the networked applications of today and tomorrow.
FORE's Networks of Steel™ deliver the increased capacity, reduced complexity and unparalleled flexibility and scalability necessary to build networks that last. Thousands of enterprise and service provider customers worldwide have put FORE Systems' solutions at the heart of their networks.
For more information on FORE's Networks of Steel, call 888-404-0444 or visit the FORE Systems web site at www.fore.com.
This press release contains forward-looking statements with respect to products, partners, customers, future growth and other matters. Please refer to the Annual Report on Form 10-K filed by FORE Systems with the Securities and Exchange Commission in June, 1998, and the Quarterly Reports on Form 10-Q filed by FORE Systems in August, 1998, and November, 1998, for a discussion of risks that could cause actual results to differ materially from such statements.
All FORE Systems' editorial information and graphics can be found on NEWSdesk, the high-tech Internet Network at newsdesk.com.
About TimePlex Group
For three decades TimePlex Group has been designing, implementing and managing voice, video and data networking solutions for major private enterprises, governments and service providers worldwide. Headquartered in Woodcliff Lake, NJ, the independent, privately held company specializes in turnkey business applications, managed networks and a product line offering seamless migration to evolving technologies. TimePlex also manages worldwide customer networks from its operations centers, providing interactive lifeline services and, in some cases, complete network outsourcing.
For more information on TimePlex Group visit the TimePlex web site at www.timeplex.com.
FORE Systems and ForeRunner are registered trademarks of FORE Systems, Inc. Intelligent Infrastructure, ASX and Networks of Steel are trademarks of FORE Systems, Inc. All other brands or product names are trademarks of their respective holders.
SOURCE: FORE Systems, Inc. |