Message #44 From:
NewsBot Date: January 8, 2008 09:31:44 AM
Raptor Networks Technology Announces First Sale Into Online Membership Organization Vertical
SANTA ANA, Calif., Jan. 8 /PRNewswire-FirstCall/ -- Raptor Networks Technology, Inc. (OTC Bulletin Board: RPTN), provider of the world's first distributed network switching architectures, announced today the first sale of 'distributed core' network switches to Military.com, the nation's largest online military destination, and subsidiary of Monster Worldwide, Inc., for use in upgrading their legacy network.
'We are pleased to announce our first sale and shipment into an immense data accessibility application where high speed is essential,' noted Tom Wittenschlaeger, Raptor Networks Technology Chairman and CEO. 'It is encouraging to see industry leaders in managed staffing now recognize the upgrade value represented by our non-blocking, wire-speed distributed core architectures.'
Raptor Networks Technology, Inc. has developed the world's first distributed network switching architectures, all standards based, that benefit networks that provide newer latency-sensitive services such as video, VOIP, high speed storage and the like. This patent-pending Distributed Network Switching Technology blurs the distinction between core switching and edge switching, enabling network build outs and performance upgrades of traditional chassis-based installations in a highly cost effective manner. Raptor's 'distributed core' switching provides a unique advantage in data transport at wire speed (the maximum speed at which the equipment is built to operate), providing the highest density 10 Gigabit offering currently on the market, with the versatility to run the most advanced new data applications. For additional information please see, http://www.raptor-networks.com.
About Military.Com
Military.com is the nation's largest online military destination serving over 10 million members, including active duty personnel, reservists, guard members, retirees, veterans, family members, defense workers and those considering military careers. Military.com enables the 30 million Americans with military affinity to access their benefits, advance their careers, enjoy military discounts, and stay connected for life. Military.com develops efficient affinity marketing and communications programs for government agencies and companies serving this market. Military.com is a subsidiary of Monster Worldwide, Inc. More information is available at http://www.military.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