Madge Networks announces secure wireless LAN products
for enterprise customers
First products in Madge Smart Wireless family provide standards-compliant,
secure 802.11b LAN integration with Token Ring and Ethernet networks
Amsterdam, The Netherlands (May 22, 2002) - Madge
Networks N.V. (NASDAQ NM: MADGF) has announced its first wireless LAN
products aimed at enterprise customers. These products deliver the
Madge Networks wireless strategy, also announced today, that enables
enterprise customers to quickly and easily implement secure, scalable
and managed wireless LANs. The product family applies the Madge Wireless
Security Model and features 802.1x compliant security, authentication,
firewalls, and integrated SNMP management.
The new products are called the Smart Wireless product family and
the first four products are: -
1. Red-M™ Genos™ scalable wireless software and the Smart
Wireless Access Server™ that provides security and wireless LAN
management, integration with Token Ring or Ethernet, and integration
with access points from multiple vendors
2. The Smart Wireless Access Point 802.11b™ that provides secure
802.11b (11Mbps) wireless connection to the Smart Wireless Access Server
or to Ethernet networks
3. The Smart Wireless Advanced PCMCIA Adapter 802.11b™ (11Mbps),
providing mobile client connectivity
4. The Smart Wireless PCI Adapter 802.11b™ (11Mbps), providing
desktop client connectivity
The Madge Smart Wireless products implement industry standards and
together, provide connectivity to Token Ring and Ethernet networks
and to standards-compliant wireless products from multiple vendors.
Madge Networks has defined a Wireless Security Model to assist in
the planning and implementation of secure wireless LANs, to guard against
wireless intrusion or eavesdropping. The Madge Smart Wireless product
family implements security industry standards including 802.1x, IPSec
VPN, RADIUS, EAP-TLS, EAP-MD5 and WEP (64 and 128bit). The products
also feature SNMP management and 802.11b compliance to enable interoperability
in a multi-vendor wireless network.
Madge Networks intends to announce additional products and scalability
options during the remainder of 2002.
"Our new wireless products are designed to meet the secure wireless
needs of our customers in branch offices and enterprise applications," commented
Dr. David Probert, VP Business Development at Madge Networks. "By
extending our multi-network integration strategy to wireless and by
now offering competitive new wireless products, we are opening up new
and exciting opportunities for our customers and for Madge Networks."
The Smart Wireless Access Server retails at $3,400. The Smart Wireless
Access Point 802.11b retails at $499. The Smart Wireless Advanced PCMCIA
Adapter 802.11b and Smart Wireless PCI Adapter 802.11b retail at $149
and $199, respectively. Further details can be found at www.madge.com.
The products will be available in the second quarter of 2002.
About Madge Networks N.V.
Madge Networks N.V. (NASDAQ NM: MADGF) is a global supplier of advanced
networking product solutions to large enterprises, and is the
market leader in Token Ring. Madge Networks is pioneering next
generation
networking solutions, which enable the painless deployment of
Wireless and also 100Mbps and Gigabit speed IP-based applications
within
existing corporate networks while protecting customers' investments
in Token
Ring. Madge Networks also has an associate company, Red-M™,
a market leader in wireless networking solutions. Madge Networks'
main business centers are located in Wexham Springs, United Kingdom
and New York. Information about Madge Networks' complete range
of products and services can be accessed at www.madge.com..
Private Securities Litigation Reform Act Statement
Investors should take note that certain statements in this press
release are forward-looking and may not give full weight to all
of the potential
risks (e.g. difficulty of developing high technology products,
changing industry standards, competition, the challenge of managing
expenses
to changing revenue and changed priorities and resource allocation
resulting from these and other factors). Forward-looking statements
in this press release include statements that refer to the new
products being available in the second quarter of 2002, that Madge
Networks
intends to announce additional products and scalability options
during the remainder of 2002 and other statements, which are not
completely
historical. These statements may differ materially from actual
future actions, events or results. For more information on risks,
please
refer to Madge Networks' recent SEC filings.
Madge, Smart Wireless Access Server, Smart Wireless Access Point 802.11b,
Smart Wireless Advanced PCMCIA Adapter 802.11b, the Smart Wireless
PCI Adapter 802.11b and the Madge logo are trademarks, and in some
jurisdictions may be registered trademarks of Madge Networks or its
affiliated companies. Genos™ and Red-M™ are trademarks
of Red-M (Communications) Ltd. Other trademarks in this document are
the property of their respective owners.
For further information, please contact:
In the UK:
Simon Drennan
Madge Networks
Tel: +44 1753 661 000
simon.drennan@madge.com
Simon Gribbon
IBA, PR for Madge Networks
Tel: +44 1780 721 433
Sgribbon@iba-europe.com
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