SANTA ANA, Calif.,
'We are pleased to join the Chesapeake Innovation Center as a Resident Member Company,' noted Tom Wittenschlaeger, Raptor Networks Technology's Chairman and CEO. 'We look forward to benefiting from CIC's guidance in evolving Raptor Networks' products to better address the Federal Sector.'
Member Companies of the CIC are developing commercially viable technology products and services for the homeland security, communications and information technology sectors. They are generally in the start-up or early development stage, and have been selected to join the CIC because they exhibit strong business potential, sound technology that can be commercialized, and a strong management team.
'The Chesapeake Innovation Center is located in
'The CIC has a solid base of homeland security technology innovators that
is enhanced by the addition of Raptor Networks Technology,' said Robert L.
Hannon, President and CEO of the
About Raptor Networks Technology, Inc.
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 the Chesapeake Innovation Center
The CIC, America's first homeland and national security focused accelerator, has partnerships strategic to America's national security which include public and private sector entities. CIC sources and screens early stage technology companies and connects those that match the desired criteria to a valuable network of industry leading 'Partners' in these sectors. Current Partners include Northrop Grumman Corporation, The Boeing Company, the National Security Agency, ARINC, Next Century Corporation and Athlone Global Security.
Partners engage CIC to keep them informed of innovation in its network of technology communities. CIC's network of national and international communities are generally at the leading edge of technology and include venture capitalists, federal labs, universities, entrepreneurs, corporations, incubators and other technology hotspots that may not be in the Partners' network. Partners engage the CIC to scout for a particular technology solution to address a mission critical or highly visible problem as well as provide us a basic shopping list to continually scan the marketplace for. CIC Partners objectives are typically to find a technology to acquire, invest in, team with and/or implement within their own enterprise.
The CIC recruits companies with proprietary innovative technology, strong management teams, and homeland/national security market focus. During the program's member selection process, each applicant is thoroughly evaluated for its business potential, technical merit and commercial viability, ability to leverage CIC offerings, and the CIC Partner channel.
For additional information please see: http://www.cic-tech.org
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
SOURCE Raptor Networks Technology, Inc.