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NSGDatacom Acquires Substantially All of the Advanced Switching Communications Assets

HERNDON, VA — July 8, 2002 — NSGDatacom (NSG) has purchased all of Advanced Switching Communications’ (ASC) product lines, product inventory and intellectual property, including its patent.

Richard Yalen, CEO of NSG said, “I am excited about adding ASC’s products to the NSG family of telecommunication equipment. The ASC access products are carrier-class, and complement our existing product family with virtually no overlap.”

Yalen added, “I want to assure ASC customers that we intend to continue to sell and support the ASC family of products.”

Dr. Graham King, President and Chairman of the Board of NSG said, “The acquisition of ASC is consistent with our strategy of obtaining data communication products that enhance and complement our overall IP connectivity strategy”.

Over the past few years the company has added a range of Internet security products and IP connectivity enhancements to its core line of data switches and network access products. In March 2002, NSG completed the acquisition of the products and intellectual property of Nx Networks.

NSG is a privately owned telecommunications company that manufactures, sells and supports a wide range of industry leading voice and data communications products for access, concentration, routing and switching in critical carrier and enterprise applications. NSG completed the acquisition of the products and intellectual property of Nx Networks and Advanced Switching Communications in March 2002 and July 2002, respectively. NSG products are deployed in over 100 countries worldwide. Customers include corporate, financial, government and overseas telephone company networks. Additional information about NSG can be found online at www.nsgdata.com or by calling 1 703 793 2002.


 
 
 
last updated: 13-October-14