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Raptor Networks Technology Concludes VAR Agreement with PalVision of Singapore
Aug 06, 2007 (08:08 AM EDT)
SANTA ANA, Calif., Aug. 6 /PRNewswire-FirstCall/ -- Raptor Networks Technology, Inc. , provider of the world's first distributed network switching architectures, announced today completion of a Value Added Reseller agreement with PalVision of Singapore to address the entertainment, video production and hotel networks verticals.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040429/RPTNLOGO )
"We are pleased to have PalVision join the Raptor Team as our Asia-Pacific partner in support of the hotels and entertainment verticals," noted Tom Wittenschlaeger, Raptor Networks' Chairman and CEO. "The impending rollout of digital network infrastructure throughout Asia and inherent problems with conventional switching has created an avenue for Raptor to establish itself in this exciting region. With an aggressive, well-positioned partner and a marketplace embracing IP services in its various forms, we look forward to sustained successes together."
About Raptor Networks Technology, Inc.
Raptor Networks Technology, Inc. has developed the world's first "distributed core" network switching architectures, all open-standards based, that benefit networks that provide newer latency-sensitive services such as video, VoIP, high speed server and storage clustering and the like. This patent-pending Distributed Network Switching Technology enables new network build outs and performance upgrades of traditional chassis-based installations in a highly cost effective manner. Management believes that the unique advantage Raptor provides is speed over distance: data transport at wire speed, in hardware, between spatially separated network elements. Enhanced network reliability, lower power consumption and reduced form factor combine to enable significant savings in both acquisition costs as well as operating expense. Raptor's network switching products engender the feature set and versatility to run the most advanced new data applications.
For additional information please see, http://www.raptor-networks.com .
About PalVision Corporation
PalVision is a value-added reseller. Established in Singapore, it is focused on developing triple-play solutions geared towards the enhancement of the in-room technological experience in hotels, hospitals, cruise-liners and the like. In addition to development, PalVision provides technical support for design, integration, testing, product support, and technology refresh for these markets.
For additional information please see, http://www.palvision.com .
Safe Harbor Statement
The statements in this release relating to future product availability, collaboration and partnership, and positive direction are forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Some or all of the aspects anticipated by these forward-looking statements may not, in fact, occur. Factors that could cause or contribute to such differences include, but are not limited to, contractual difficulties, demand for Raptor Networks' products, the future market price of RPTN common stock and the Company's ability to obtain necessary future financing.
Contacts: Raptor Networks Technology, Inc. Tom Wittenschlaeger, CEO Bob Van Leyen, CFO 949-623-9300
CONTACT: Tom Wittenschlaeger, CEO, or Bob Van Leyen, CFO, +1-949-623-9300,both of Raptor Networks Technology, Inc.
Web site: http://www.raptor-networks.com/ http://www.palvision.com/