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Technology Stocks : OpenROUTE Networks, Inc. (OPEN), formerly Proteon (PTON) -- Ignore unavailable to you. Want to Upgrade?


To: Ron Wargo who wrote (45)1/13/1999 3:00:00 PM
From: Toni Wheeler  Respond to of 139
 
Yes, and I just realized after reading this latest press release, that OPEN has a relationship with Ascend....now, soon, with Lucent! WOW, Mr. Holley....you are doing GREAT:

>>>OpenROUTE Networks, Inc. Named #2 Performer in Bloomberg CentralMassachusetts Stock Index

WESTBORO, Mass., Jan. 13 /PRNewswire/ -- OpenROUTE Networks, Inc., (Nasdaq: OPEN) today announced that it had been recognized as the 2nd best stock performer in the Bloomberg Central Massachusetts Index of stocks for the fourth quarter of 1998, as reported by the Worcester (Mass) Telegram & Gazette.

Bryan R. Holley, OpenROUTE Networks President and CEO stated, "We are pleased to be recognized for this accomplishment. While an increase in fourth quarter share pricing of 111.54% is notable, we still have much more to do to reach our overall goal. We intend to continue working our plan and focusing on our strengths and making corrections in areas that we feel need improvement."

Banyan Systems, Inc. (Nasdaq: BNYN) claimed the number one spot in the index posting a 202.13% gain in the fourth quarter.

OpenROUTE Networks, a leading provider of Internet Access products, is "OPENing the Internet for Business." All products feature OpenROUTE(R) router software, which is recognized by the industry as the best in its class. OpenROUTE software is licensed by IBM, Digital, Ascend Communications, Motorola and many leading vendors. Today, OpenROUTE software powers more than 200,000 routers worldwide. Products come standard with the company's "ALLWays.Connected(TM) Guarantee", can be installed in minutes, and are easily maintained and managed from central network sites. For more information, contact OpenROUTE Networks, Inc., Westboro, Mass., at 800-545-7464 or on the World Wide Web at openroute.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 OpenROUTE Networks with the Securities and Exchange Commission, for a discussion of risks that could cause actual results to differ materially from such statements.

SOURCE OpenROUTE Networks, Inc.

CO: OpenROUTE Networks, Inc.; Banyan Systems, Inc.

ST: Massachusetts

IN: CPR MLM

SU:

01/13/99 14:40 EST prnewswire.com