Message #52 From:
NewsBot Date: April 24, 2008 02:10:33 PM
Former Defense Contractor Executive Joins Raptor Networks Technology to Lead Federal Business Initiatives
SANTA ANA, Calif., April 24 /PRNewswire-FirstCall/ -- Raptor Networks
Technology, Inc. (OTC Bulletin Board: RPTN), provider of the world's first
distributed network switching architectures, announced today the appointment
of Andrew A. Adamshick as Vice President, Government Solutions.
'A former Perot Systems Senior Vice President, Corporate Development,
Division President and Chief Information Officer, Andrew brings broad
contractor experience in business operations, capture management, engineering,
and M&A within the Federal Sector. He received his bachelor's degree in
electrical engineering from the United States Naval Academy and served aboard
nuclear ballistic missile submarines in the Atlantic theatre,' said Tom
Wittenschlaeger, Raptor Networks Technology Chairman and CEO.
'We are very pleased to add a seasoned East Coast government business
executive, with significant experience with Perot Systems, to the Raptor
team,' noted Mr. Wittenschlaeger. 'Our strategic intent to execute new project
initiatives across the Department of Defense will be greatly enhanced, we are
confident, as a result.'
'Our shareholders should understand how important the Federal Sector is to
the potential success of Raptor and why we are concentrating some much effort,
and top personnel, on it. We believe we bring to this sector key solutions to
problems ranging from network security to the speed in which data moves to way
for the Government to utilize more effectively advanced data applications,'
Raptor's CEO said.
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
patented 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.
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
