Madge Networks N.V. needs more Time to Prepare Its 2000 Financial Statements - 500 Beiträge pro Seite
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Press Release
Madge Networks N.V. Seeks Shareholder Approval for an Extension of Time to Prepare Its 2000 Financial Statements
AMSTERDAM, The Netherlands--(BUSINESS WIRE)--May 30, 2001--Madge Networks N.V. (NASDAQ NM: MADGF - news), a global network solutions provider, today announced that at its Annual General Meeting of Shareholders to be held on June 28, 2001, it will ask its shareholders, in accordance with Dutch law, for an extension of the time to prepare its 2000 annual financial statements because of the uncertainty at this time about certain assumptions and estimates relating to its subsidiary Madge.web that are needed to finalize the financial statements.
As previously announced, Madge Networks has determined to cease funding the operations of its Madge.web business and to seek a sale of the business as a going concern. In order to enhance the likelihood that it can sell the Madge.web business as a going concern, on April 27, 2001, Madge.web Ltd., a United Kingdom company, entered into Administration in accordance with English law and, on May 15, 2001, Madge SE Asia Pte Ltd., the Singapore Madge.web subsidiary, similarly entered into Interim Judicial Management under the laws of Singapore. These processes are broadly similar to that of Chapter 11 reorganization under U.S. law. To date, Madge Networks has funded approximately $6.5 million of costs relating to these processes.
Under generally accepted accounting principles, the Madge.web business must now be accounted for as discontinued operations and Madge Networks is in the process of re-stating its 2000 financial results and balance sheet, as well as its 1998 and 1999 statements of operations. Madge Networks is diligently seeking a purchaser for Madge.web, as a whole or in parts, but at this time no sale has been agreed and the overall outline of the terms and conditions of any such sale or other transaction have not been determined. The possibility also exists that certain Madge.web entities will be liquidated, rather than sold as going concerns. Madge Networks believes that there is insufficient certainty with regard to the current situation of Madge.web and the impact of this on the overall financial position of Madge Networks (which is a creditor of Madge.web, as well as a guarantor of certain Madge.web liabilities), to make it possible to finalize the financial statements in time to mail them to shareholders sufficiently in advance of the Annual General Meeting at the end of June.
Madge Networks will for administrative reasons be asking its shareholders for the maximum six month extension of time permitted by Dutch law. However, at this time, it believes that the outcome for Madge.web will be sufficiently clarified over the next month and that it will be able to file its Annual Report on Form 20-F containing its 2000 financial statements with the Securities and Exchange Commission by the final due date of June 30, 2001, and that it will then be able to call an additional shareholders meeting to approve these accounts.
Due to the likely provision in the Madge Networks accounts for potential residual liabilities of Madge.web, and making certain assumptions about the level of realization of proceeds to Madge Networks from the sale of Madge.web in whole or in parts, it is probable that the December 31, 2000 restated balance sheet will show a shareholders` deficit. Therefore, in accordance with Dutch law, Madge Networks intends to discuss possible remedial measures with its shareholders at the Annual General Meeting.
As previously announced, in April 2001, Red-M, previously a 100 per cent owned subsidiary of Madge Networks, secured additional funding as a result of which Madge Network`s share holding in Red-M decreased to 49.6 per cent of the voting rights and 41.6 per cent of the equity, which percentages will decrease further upon the occurrence of various events. Therefore, as of April 12, 2001, Red-M is classified as an associated company and Madge Networks will no longer receive any direct revenues from Red-M. In accordance with generally accepted accounting principles, Madge Networks will recognize its appropriate share of Red-M`s net income or loss on its income statement, but will only receive cash if Red-M pays a dividend or makes a distribution to its shareholders. Madge Networks has no further funding commitment to Red-M.
...also ich finde das hört sich nicht so doll an :o/
Gruß WIRE
Press Release
Madge Networks N.V. Seeks Shareholder Approval for an Extension of Time to Prepare Its 2000 Financial Statements
AMSTERDAM, The Netherlands--(BUSINESS WIRE)--May 30, 2001--Madge Networks N.V. (NASDAQ NM: MADGF - news), a global network solutions provider, today announced that at its Annual General Meeting of Shareholders to be held on June 28, 2001, it will ask its shareholders, in accordance with Dutch law, for an extension of the time to prepare its 2000 annual financial statements because of the uncertainty at this time about certain assumptions and estimates relating to its subsidiary Madge.web that are needed to finalize the financial statements.
As previously announced, Madge Networks has determined to cease funding the operations of its Madge.web business and to seek a sale of the business as a going concern. In order to enhance the likelihood that it can sell the Madge.web business as a going concern, on April 27, 2001, Madge.web Ltd., a United Kingdom company, entered into Administration in accordance with English law and, on May 15, 2001, Madge SE Asia Pte Ltd., the Singapore Madge.web subsidiary, similarly entered into Interim Judicial Management under the laws of Singapore. These processes are broadly similar to that of Chapter 11 reorganization under U.S. law. To date, Madge Networks has funded approximately $6.5 million of costs relating to these processes.
Under generally accepted accounting principles, the Madge.web business must now be accounted for as discontinued operations and Madge Networks is in the process of re-stating its 2000 financial results and balance sheet, as well as its 1998 and 1999 statements of operations. Madge Networks is diligently seeking a purchaser for Madge.web, as a whole or in parts, but at this time no sale has been agreed and the overall outline of the terms and conditions of any such sale or other transaction have not been determined. The possibility also exists that certain Madge.web entities will be liquidated, rather than sold as going concerns. Madge Networks believes that there is insufficient certainty with regard to the current situation of Madge.web and the impact of this on the overall financial position of Madge Networks (which is a creditor of Madge.web, as well as a guarantor of certain Madge.web liabilities), to make it possible to finalize the financial statements in time to mail them to shareholders sufficiently in advance of the Annual General Meeting at the end of June.
Madge Networks will for administrative reasons be asking its shareholders for the maximum six month extension of time permitted by Dutch law. However, at this time, it believes that the outcome for Madge.web will be sufficiently clarified over the next month and that it will be able to file its Annual Report on Form 20-F containing its 2000 financial statements with the Securities and Exchange Commission by the final due date of June 30, 2001, and that it will then be able to call an additional shareholders meeting to approve these accounts.
Due to the likely provision in the Madge Networks accounts for potential residual liabilities of Madge.web, and making certain assumptions about the level of realization of proceeds to Madge Networks from the sale of Madge.web in whole or in parts, it is probable that the December 31, 2000 restated balance sheet will show a shareholders` deficit. Therefore, in accordance with Dutch law, Madge Networks intends to discuss possible remedial measures with its shareholders at the Annual General Meeting.
As previously announced, in April 2001, Red-M, previously a 100 per cent owned subsidiary of Madge Networks, secured additional funding as a result of which Madge Network`s share holding in Red-M decreased to 49.6 per cent of the voting rights and 41.6 per cent of the equity, which percentages will decrease further upon the occurrence of various events. Therefore, as of April 12, 2001, Red-M is classified as an associated company and Madge Networks will no longer receive any direct revenues from Red-M. In accordance with generally accepted accounting principles, Madge Networks will recognize its appropriate share of Red-M`s net income or loss on its income statement, but will only receive cash if Red-M pays a dividend or makes a distribution to its shareholders. Madge Networks has no further funding commitment to Red-M.
...also ich finde das hört sich nicht so doll an :o/
Gruß WIRE
Guten Morgen,
@Franta, schau mal!
Red M lebt!!!
source: http://www.3gnewsroom.com/3g_news/news_0723.shtml
Red-M, a supplier of Bluetooth networking product solutions, today announces the next step in its strategy of providing mobility using Bluetooth technology. For the first time, Red-M is showing the delivery of 3G mobile services using an in-building Bluetooth network to a range of mobile devices. The system illustrates the potential of converged data, voice and video wireless communications and the ability of Bluetooth to provide these services in local environments such as public concourses, offices and homes.
At the core of the system is Red-M’s Bluetooth networking products and technology – the 3000AS access server, 1000AP access point and Red-M BIAS (Bluetooth Internet access server) software. These Bluetooth certified products demonstrate the power of piconet-based networking applications.
Ciao Tbroker
@Franta, schau mal!
Red M lebt!!!
source: http://www.3gnewsroom.com/3g_news/news_0723.shtml
Red-M, a supplier of Bluetooth networking product solutions, today announces the next step in its strategy of providing mobility using Bluetooth technology. For the first time, Red-M is showing the delivery of 3G mobile services using an in-building Bluetooth network to a range of mobile devices. The system illustrates the potential of converged data, voice and video wireless communications and the ability of Bluetooth to provide these services in local environments such as public concourses, offices and homes.
At the core of the system is Red-M’s Bluetooth networking products and technology – the 3000AS access server, 1000AP access point and Red-M BIAS (Bluetooth Internet access server) software. These Bluetooth certified products demonstrate the power of piconet-based networking applications.
Ciao Tbroker
Guten Abend,
@ Tbroker schau mal ! Auf den Kurszettel.
Wahrscheinlich haben sich die Investoren so erschrocken, daß Red M noch zuckt, daß sie haufenweise Aktien außenbords geschmissen haben.
Nach eingehender Prüfung meiner Bestände habe ich festgestellt, daß ich noch bis zum 09.07.01 Zeit habe, die Scheidung von Madge einzureichen.
Bin also hinsichtlich Madge noch investierter Marktteilnehmer. Heute - 14 %, meine Fresse. Doch der Trost ist nahe; wir finden ihn in der jahrtausende alten chinesischen Philosophie: wenn man am Boden liegt, so sagt der Chinese, kann man nicht mehr tiefer fallen.
Das Rückschlagpotential von Madge ist jetzt begrenzt.Viel weiter runter geht`s nun mal nicht.In ein- bis zwei Wochen dürften wir mit dem Lift schlußendlich im Kellergeschoß angekommen sein.
Dann tritt Ruhe ein. Die Aktie kann verschnaufen - und sich für den Aufstieg rüsten.
Gruß, Franta
@ Tbroker schau mal ! Auf den Kurszettel.
Wahrscheinlich haben sich die Investoren so erschrocken, daß Red M noch zuckt, daß sie haufenweise Aktien außenbords geschmissen haben.
Nach eingehender Prüfung meiner Bestände habe ich festgestellt, daß ich noch bis zum 09.07.01 Zeit habe, die Scheidung von Madge einzureichen.
Bin also hinsichtlich Madge noch investierter Marktteilnehmer. Heute - 14 %, meine Fresse. Doch der Trost ist nahe; wir finden ihn in der jahrtausende alten chinesischen Philosophie: wenn man am Boden liegt, so sagt der Chinese, kann man nicht mehr tiefer fallen.
Das Rückschlagpotential von Madge ist jetzt begrenzt.Viel weiter runter geht`s nun mal nicht.In ein- bis zwei Wochen dürften wir mit dem Lift schlußendlich im Kellergeschoß angekommen sein.
Dann tritt Ruhe ein. Die Aktie kann verschnaufen - und sich für den Aufstieg rüsten.
Gruß, Franta
Guten Morgen,
@Franta:
wie jetzt, es gibt auch optimistische Worte in Deinem Text.
Versteh ich nun gar nicht. :-)
Nein im ernst, es kann noch weiter runter gehen, ganz klar.
Doch denke ich auch, vielmehr nicht.
Ciao Tbroker
PS: Gruß an Rbroker
@Franta:
wie jetzt, es gibt auch optimistische Worte in Deinem Text.
Versteh ich nun gar nicht. :-)
Nein im ernst, es kann noch weiter runter gehen, ganz klar.
Doch denke ich auch, vielmehr nicht.
Ciao Tbroker
PS: Gruß an Rbroker
@ Tbroker
in der Tat : bei mir gibt es jetzt auch optimistische Worte.
Dies hängt aber nicht so sehr mit Madge zusammen sondern mit meiner Hoffnung, daß ich mit meinen diversen Bio-Calls eventuell noch mal ungeschoren davon kommen kann.Da hab ich jetzt fast 6 Monate auf ein minus zwischen 70 und 80 Prozent gesehen. Doch jetzt kommen sie seit ein paar Tagen mächtig. Zerren sogar schon etwas an der Leine.
Das erfüllt mein altes Herz mit solch einer Freude, daß davon sogar etwas zu Madge rüberschwappt.
Heute stand ein großer Bericht über Blue Tooth im Handelsblatt.
Fazit : Das Jahr 2001 ist aufgrund von unerwarteten Anlaufschwierigkeiten ( technischer Natur ) ein schmerzhaftes Jahr für die noch junge Technologie.Sie erlangt den angestrebten Reifegrad halt später, als wie erwartet.
Aber dann, mein lieber Schwan ......
Gruß, Franta
in der Tat : bei mir gibt es jetzt auch optimistische Worte.
Dies hängt aber nicht so sehr mit Madge zusammen sondern mit meiner Hoffnung, daß ich mit meinen diversen Bio-Calls eventuell noch mal ungeschoren davon kommen kann.Da hab ich jetzt fast 6 Monate auf ein minus zwischen 70 und 80 Prozent gesehen. Doch jetzt kommen sie seit ein paar Tagen mächtig. Zerren sogar schon etwas an der Leine.
Das erfüllt mein altes Herz mit solch einer Freude, daß davon sogar etwas zu Madge rüberschwappt.
Heute stand ein großer Bericht über Blue Tooth im Handelsblatt.
Fazit : Das Jahr 2001 ist aufgrund von unerwarteten Anlaufschwierigkeiten ( technischer Natur ) ein schmerzhaftes Jahr für die noch junge Technologie.Sie erlangt den angestrebten Reifegrad halt später, als wie erwartet.
Aber dann, mein lieber Schwan ......
Gruß, Franta
Trading Spotlight
Wie jetzt? Über 40%.
Bestimmt ein Fehler seitens Reuters.
Ciao Tbroker
Bestimmt ein Fehler seitens Reuters.
Ciao Tbroker
Hi Tbroker,
hattest wohl heute irgendwie keine Zeit für Deine sonst immer sehr gründlichen Recherchen?
Hier paar Tipps (nachzulesen auf der Seite von Madge):
- RedM ist Partnerschaft mit Nowood-Systems eingegangen
- RedM hatte recht gute Produktvorstellung beim Bluetooth-Kongreß in Monte Carlo.
Glaube das hat den Kurs beflügelt.
Danke auch Dir Franta für die "Mutmache". Glaube die News und so ein schöner Kurssprung bestätigen es. Hoffentlich nicht eine Eintagsfliege.
MfG Rbroker
hattest wohl heute irgendwie keine Zeit für Deine sonst immer sehr gründlichen Recherchen?
Hier paar Tipps (nachzulesen auf der Seite von Madge):
- RedM ist Partnerschaft mit Nowood-Systems eingegangen
- RedM hatte recht gute Produktvorstellung beim Bluetooth-Kongreß in Monte Carlo.
Glaube das hat den Kurs beflügelt.
Danke auch Dir Franta für die "Mutmache". Glaube die News und so ein schöner Kurssprung bestätigen es. Hoffentlich nicht eine Eintagsfliege.
MfG Rbroker
@ Alle
Madge ist tot, es lebe Madge.In der Freitagsausgabe des Handelsblatt ist Madge, bzw. Red- M analog zu dem was Rbroker schreibt,auch sehr gut weggekommen.Da wurde auch über den event in Monte Carlo berichtet.Ausführlich - und explezit wurde über die Bestückung des Krankenhauses mit der neuen Technik geschrieben.
Bleibt zu hoffen, daß das Licht, welches wir im Moment am Ende des Tunnels sehen, nicht der entgegenkommende Zug ist.
Gruß, Franta
Madge ist tot, es lebe Madge.In der Freitagsausgabe des Handelsblatt ist Madge, bzw. Red- M analog zu dem was Rbroker schreibt,auch sehr gut weggekommen.Da wurde auch über den event in Monte Carlo berichtet.Ausführlich - und explezit wurde über die Bestückung des Krankenhauses mit der neuen Technik geschrieben.
Bleibt zu hoffen, daß das Licht, welches wir im Moment am Ende des Tunnels sehen, nicht der entgegenkommende Zug ist.
Gruß, Franta
Hallöle,
gehts ab, oder was? News passt auf jden Fall.
Red-M To Supply Motorola With Award Winning Bluetooth Networking Products and Technology
Red-M and Motorola Sign Original Equipment Manufacturers (OEM) Agreement to Provide Complete Bluetooth Solutions
WEXHAM SPRINGS, UK--(BUSINESS WIRE)--June 25, 2001-- Red-M(TM), a leading supplier of advanced Bluetooth(TM) networking product solutions, announces a strategic alliance with Motorola, Inc, (NYSE: MOT - news), a leader in the wireless communications industry, to provide customers with complete Bluetooth network products and technology.
Red-M and Motorola will work together on key client accounts to deliver powerful business solutions using Bluetooth wireless technology. Red-M will supply Motorola with its award winning Bluetooth access servers and access points. One implementation of these products will be as a platform for Motorola`s seamless mobility solutions. Motorola`s efforts in seamless mobility are driving toward the delivery of enhanced mobile multimedia communications that work over WLAN/Bluetooth and cellular data networks. As part of the agreement, the companies will work together on joint promotions, customer trials, customer specific developmental projects and ongoing market research.
Red-M is a developer of advanced Bluetooth networking solutions that provide rapid and secure transmission of data, voice and video communications over a wireless network infrastructure. Motorola is a leader in the development and implementation of Bluetooth wireless technology, delivering the first commercially available Bluetooth product to market with its Bluetooth PC Card, followed by the innovative Timeport(TM) 270 -- one of the first mobile phones with Bluetooth wireless technology. Motorola is also a member of the Promoter group, which leads the Bluetooth Special Interest Group (SIG).
``We are very excited about the potential of Bluetooth wireless technology,`` said Bob McCall, Corporate Vice President and General Manager, Global Portfolio Management, of Motorola`s Consumer, Government, and Industrial Solutions Sector. ``Red-M has demonstrated technical leadership and excellence with its Bluetooth networking products, making this alliance an integral part of Motorola`s ongoing Bluetooth strategy.``
Mike Wilson, CEO of Red-M, added, ``Motorola is a pioneer in the development of next generation Bluetooth technology. We are delighted to work with them as a strategic partner. We consider this to be a major endorsement of our products and technology, and we are looking forward to an ongoing successful alliance.``
About Red-M
Red-M is an acknowledged leader in the Bluetooth networking market. The company develops and markets hardware and software product solutions that enable mobile data, voice and video communications inside buildings and public concourses to a range of devices - including computers, personal digital assistants (PDAs), wireless application protocol (WAP) smart phones and other emerging information appliances - using wireless Bluetooth technology. Red-M was founded as an internal start-up of Madge Networks N.V. (NASDAQ:MADGF - news) and is now an associate company, having secured $35m second round funding from Apax Partners and Amadeus Capital in April 2001. Red-M launched the world`s first Bluetooth networking products in October 2000 with the 3000AS access server and 1000AP access point. The company has filed a number of patents around the design and implementation of Bluetooth networking technology, including its unique Red-M BIAS(TM) (Bluetooth Internet access server) technology. Red-M has won several awards including the first ever Award for Innovation at the annual Bluetooth Congress in June 2000 and more recently PC Magazine`s `UK Technical Innovation Award`. Red-M is an Associate Member of the Bluetooth Special Internet Group (SIG) and is an active member of the Personal Area Networking (PAN) working group. Information on Red-M can be found at www.red-m.com.
About Motorola
Motorola is a global leader in providing integrated communications solutions and embedded electronics solutions. Sales in 2000 were $37.6 billion. For additional background, please visit Motorola`s at: www.motorola.com MOTOROLA and the Stylised M Logo are registered in the U.S. Patent and Trademark Office. All other product or service names are the property of their respective owners.
About Bluetooth
Bluetooth(TM) wireless technology is set to revolutionize the personal connectivity market by providing freedom from wired connections. It is a specification for a small form-factor, low-cost radio solution providing links between mobile computers, mobile phones and other portable and handheld devices, and connectivity to the Internet. The Bluetooth Special Interest Group (SIG), comprised of leaders in the telecommunications, computing, and network industries, is driving development of the technology and bringing it to market. The Bluetooth SIG includes promoter companies 3Com, Ericsson, IBM, Intel, Lucent, Microsoft, Motorola, Nokia and Toshiba, and more than 2,200 adopter companies.
Red-M, the Red-M logo, Red-M BIAS, are trademarks, and in some jurisdictions may be registered trademarks of Red-M (Communications) Ltd. Madge is a trademark, and in some jurisdictions may be a registered trademark of Madge Networks N.V. or its affiliated companies. Other trademarks appearing in this release are the property of their respective owners. PC Magazine`s UK Technical Innovation Awards is a trademark of VNU Business Publications Limited
--------------------------------------------------------------------------------
Ciao Tbroker
gehts ab, oder was? News passt auf jden Fall.
Red-M To Supply Motorola With Award Winning Bluetooth Networking Products and Technology
Red-M and Motorola Sign Original Equipment Manufacturers (OEM) Agreement to Provide Complete Bluetooth Solutions
WEXHAM SPRINGS, UK--(BUSINESS WIRE)--June 25, 2001-- Red-M(TM), a leading supplier of advanced Bluetooth(TM) networking product solutions, announces a strategic alliance with Motorola, Inc, (NYSE: MOT - news), a leader in the wireless communications industry, to provide customers with complete Bluetooth network products and technology.
Red-M and Motorola will work together on key client accounts to deliver powerful business solutions using Bluetooth wireless technology. Red-M will supply Motorola with its award winning Bluetooth access servers and access points. One implementation of these products will be as a platform for Motorola`s seamless mobility solutions. Motorola`s efforts in seamless mobility are driving toward the delivery of enhanced mobile multimedia communications that work over WLAN/Bluetooth and cellular data networks. As part of the agreement, the companies will work together on joint promotions, customer trials, customer specific developmental projects and ongoing market research.
Red-M is a developer of advanced Bluetooth networking solutions that provide rapid and secure transmission of data, voice and video communications over a wireless network infrastructure. Motorola is a leader in the development and implementation of Bluetooth wireless technology, delivering the first commercially available Bluetooth product to market with its Bluetooth PC Card, followed by the innovative Timeport(TM) 270 -- one of the first mobile phones with Bluetooth wireless technology. Motorola is also a member of the Promoter group, which leads the Bluetooth Special Interest Group (SIG).
``We are very excited about the potential of Bluetooth wireless technology,`` said Bob McCall, Corporate Vice President and General Manager, Global Portfolio Management, of Motorola`s Consumer, Government, and Industrial Solutions Sector. ``Red-M has demonstrated technical leadership and excellence with its Bluetooth networking products, making this alliance an integral part of Motorola`s ongoing Bluetooth strategy.``
Mike Wilson, CEO of Red-M, added, ``Motorola is a pioneer in the development of next generation Bluetooth technology. We are delighted to work with them as a strategic partner. We consider this to be a major endorsement of our products and technology, and we are looking forward to an ongoing successful alliance.``
About Red-M
Red-M is an acknowledged leader in the Bluetooth networking market. The company develops and markets hardware and software product solutions that enable mobile data, voice and video communications inside buildings and public concourses to a range of devices - including computers, personal digital assistants (PDAs), wireless application protocol (WAP) smart phones and other emerging information appliances - using wireless Bluetooth technology. Red-M was founded as an internal start-up of Madge Networks N.V. (NASDAQ:MADGF - news) and is now an associate company, having secured $35m second round funding from Apax Partners and Amadeus Capital in April 2001. Red-M launched the world`s first Bluetooth networking products in October 2000 with the 3000AS access server and 1000AP access point. The company has filed a number of patents around the design and implementation of Bluetooth networking technology, including its unique Red-M BIAS(TM) (Bluetooth Internet access server) technology. Red-M has won several awards including the first ever Award for Innovation at the annual Bluetooth Congress in June 2000 and more recently PC Magazine`s `UK Technical Innovation Award`. Red-M is an Associate Member of the Bluetooth Special Internet Group (SIG) and is an active member of the Personal Area Networking (PAN) working group. Information on Red-M can be found at www.red-m.com.
About Motorola
Motorola is a global leader in providing integrated communications solutions and embedded electronics solutions. Sales in 2000 were $37.6 billion. For additional background, please visit Motorola`s at: www.motorola.com MOTOROLA and the Stylised M Logo are registered in the U.S. Patent and Trademark Office. All other product or service names are the property of their respective owners.
About Bluetooth
Bluetooth(TM) wireless technology is set to revolutionize the personal connectivity market by providing freedom from wired connections. It is a specification for a small form-factor, low-cost radio solution providing links between mobile computers, mobile phones and other portable and handheld devices, and connectivity to the Internet. The Bluetooth Special Interest Group (SIG), comprised of leaders in the telecommunications, computing, and network industries, is driving development of the technology and bringing it to market. The Bluetooth SIG includes promoter companies 3Com, Ericsson, IBM, Intel, Lucent, Microsoft, Motorola, Nokia and Toshiba, and more than 2,200 adopter companies.
Red-M, the Red-M logo, Red-M BIAS, are trademarks, and in some jurisdictions may be registered trademarks of Red-M (Communications) Ltd. Madge is a trademark, and in some jurisdictions may be a registered trademark of Madge Networks N.V. or its affiliated companies. Other trademarks appearing in this release are the property of their respective owners. PC Magazine`s UK Technical Innovation Awards is a trademark of VNU Business Publications Limited
--------------------------------------------------------------------------------
Ciao Tbroker
Press Release
The Red-M Blade Brings Bluetooth Mobility to Palm Handheld Users
Bluetooth Clip-On for Palm Handheld Announced
WEXHAM SPRINGS, U.K.--(BUSINESS WIRE)--Aug. 1, 2001--Red-M(TM), a leading supplier of advanced Bluetooth(TM) networking product solutions, today launches the Red-M Blade(TM), Bluetooth clip-on for the Palm(TM) Vx handheld computer. The Red-M Blade attaches easily to the back of the handheld, combining all the functionality of the Palm OS® platform with Bluetooth wireless flexibility, whether in the office or on the road.
Access email, calendar, contacts and browse the Internet or Intranet anywhere
Communicate with other Bluetooth-enabled devices for data sharing and game-playing
Send SMS messages, and auto-dial contacts direct from your Palm Vx
Connects without wires in the home, on the road or in the office
When out of the office the Red-M Blade can connect anytime, anyplace, anywhere to a Bluetooth enabled mobile phone to enable access to email, calendar, other data and the net on a Palm Vx handheld, turning it into a mobile office. The Red-M Blade will identify and can connect with other authorized Bluetooth devices, such as a PC, to enable wireless synchronization. It can also communicate with other Palm Powered(TM) devices for applications such as game playing.
When in the office or at home, the Red-M Blade can link to a Bluetooth network, such as that provided by Red-M`s 3000AS access server and 1000AP access point devices, to enable low cost, high speed access to email, calendar, contacts information, plus the Intranet and Internet.
The Red-M Blade design allows the Palm handheld to be installed in its cradle to top up its battery without removing the clip-on enabling users of the Palm handheld to be Bluetooth enabled 24 hours a day. Combined with Red-M`s intelligent BladeLinkTM software, connection in the office, home or on the road is seamless and automatic.
John Cook, senior director of product marketing at Palm, Inc., adds, ``We are delighted that Red-M is implementing a Bluetooth wireless application. The Red-M Blade combines the benefits of Bluetooth with the power of the Palm handheld to enable wireless access to relevant information.``
Simon Gawne, Vice President and co-founder, Red-M, comments, ``The Red-M Blade is an innovative, must-have, accessory that adds a new level of functionality and flexibility to the Palm Vx handheld. From the large corporate to the small business to the consumer, users of the Red-M Blade have a serious productivity enhancer that can connect them anytime to a wide variety of information sources.``
Priced at $199, the Red-M Blade will be available in August 2001 from selected retail outlets. For further information, please go to Red-M`s website at www.red-m.com/blade
About Red-M
Red-M is an acknowledged leader in the Bluetooth networking market. The company develops and markets hardware and software product solutions that enable mobile data, voice and video communications inside buildings and public concourses to a range of devices - including computers, personal digital assistants (PDAs), wireless application protocol (WAP) smart phones and other emerging information appliances - using wireless Bluetooth technology. Red-M was founded as an internal start-up of Madge Networks N.V. (NASDAQ:MADGF - news) and is now an associate company, having secured $35m second round funding from Apax Partners and Amadeus Capital in April 2001. Red-M launched the world`s first Bluetooth networking products in October 2000 with the 3000AS access server and 1000AP access point.
The company has filed a number of patents around the design and implementation of Bluetooth networking technology, including its unique Red-M BIAS(TM) (Bluetooth Internet access server) technology. Red-M has won several awards including the first ever Award for Innovation at the annual Bluetooth Congress in June 2000 and more recently PC Magazine`s `UK Technical Innovation Award`. Red-M is an Associate Member of the Bluetooth Special Internet Group (SIG) and is an active member of the Personal Area Networking (PAN) working group. Information on Red-M can be found at www.red-m.com
About Bluetooth
Bluetooth(TM) wireless technology is set to revolutionize the personal connectivity market by providing freedom from wired connections. It is a specification for a small form-factor, low-cost radio solution providing links between mobile computers, mobile phones and other portable and handheld devices, and connectivity to the Internet. The Bluetooth Special Interest Group (SIG), comprised of leaders in the telecommunications, computing, and network industries, is driving development of the technology and bringing it to market. The Bluetooth SIG includes promoter companies 3Com, Ericsson, IBM, Intel, Lucent, Microsoft, Motorola, Nokia and Toshiba, and more than 2,200 adopter companies.
Red-M, the Red-M logo, Red-M BIAS, and the Red-M Blade are trademarks, and in some jurisdictions may be registered trademarks of Red-M (Communications) Ltd. Madge is a trademark, and in some jurisdictions may be a registered trademark of Madge Networks N.V. or its affiliated companies. Palm OS and Palm Powered are registered trademarks and Palm is a trademark of Palm, Inc. or its subsidiaries. Other trademarks appearing in this release are the property of their respective owners. PC Magazine`s UK Technical Innovation Awards is a trademark of VNU Business Publications Limited
--------------------------------------------------------------------------------
Contact:
Red-M
Internet: www.red-m.com
Rob Forbes, +44 (0) 1753 661779
rob.forbes@red-m.com
or
Public Relations Contacts:
USA
Collaborative Communications
Laura Cleveland/ Liz Washer
Tel: 617/520-9105
cleveland@collaborative.com
or
Outside of USA
Companycare Communications
Jeremy Wrench/ Helen Gorbutt
Tel : +44 118 939 5900
jeremy@companycare.com
heleng@companycare.com
Ciao Tbroker
The Red-M Blade Brings Bluetooth Mobility to Palm Handheld Users
Bluetooth Clip-On for Palm Handheld Announced
WEXHAM SPRINGS, U.K.--(BUSINESS WIRE)--Aug. 1, 2001--Red-M(TM), a leading supplier of advanced Bluetooth(TM) networking product solutions, today launches the Red-M Blade(TM), Bluetooth clip-on for the Palm(TM) Vx handheld computer. The Red-M Blade attaches easily to the back of the handheld, combining all the functionality of the Palm OS® platform with Bluetooth wireless flexibility, whether in the office or on the road.
Access email, calendar, contacts and browse the Internet or Intranet anywhere
Communicate with other Bluetooth-enabled devices for data sharing and game-playing
Send SMS messages, and auto-dial contacts direct from your Palm Vx
Connects without wires in the home, on the road or in the office
When out of the office the Red-M Blade can connect anytime, anyplace, anywhere to a Bluetooth enabled mobile phone to enable access to email, calendar, other data and the net on a Palm Vx handheld, turning it into a mobile office. The Red-M Blade will identify and can connect with other authorized Bluetooth devices, such as a PC, to enable wireless synchronization. It can also communicate with other Palm Powered(TM) devices for applications such as game playing.
When in the office or at home, the Red-M Blade can link to a Bluetooth network, such as that provided by Red-M`s 3000AS access server and 1000AP access point devices, to enable low cost, high speed access to email, calendar, contacts information, plus the Intranet and Internet.
The Red-M Blade design allows the Palm handheld to be installed in its cradle to top up its battery without removing the clip-on enabling users of the Palm handheld to be Bluetooth enabled 24 hours a day. Combined with Red-M`s intelligent BladeLinkTM software, connection in the office, home or on the road is seamless and automatic.
John Cook, senior director of product marketing at Palm, Inc., adds, ``We are delighted that Red-M is implementing a Bluetooth wireless application. The Red-M Blade combines the benefits of Bluetooth with the power of the Palm handheld to enable wireless access to relevant information.``
Simon Gawne, Vice President and co-founder, Red-M, comments, ``The Red-M Blade is an innovative, must-have, accessory that adds a new level of functionality and flexibility to the Palm Vx handheld. From the large corporate to the small business to the consumer, users of the Red-M Blade have a serious productivity enhancer that can connect them anytime to a wide variety of information sources.``
Priced at $199, the Red-M Blade will be available in August 2001 from selected retail outlets. For further information, please go to Red-M`s website at www.red-m.com/blade
About Red-M
Red-M is an acknowledged leader in the Bluetooth networking market. The company develops and markets hardware and software product solutions that enable mobile data, voice and video communications inside buildings and public concourses to a range of devices - including computers, personal digital assistants (PDAs), wireless application protocol (WAP) smart phones and other emerging information appliances - using wireless Bluetooth technology. Red-M was founded as an internal start-up of Madge Networks N.V. (NASDAQ:MADGF - news) and is now an associate company, having secured $35m second round funding from Apax Partners and Amadeus Capital in April 2001. Red-M launched the world`s first Bluetooth networking products in October 2000 with the 3000AS access server and 1000AP access point.
The company has filed a number of patents around the design and implementation of Bluetooth networking technology, including its unique Red-M BIAS(TM) (Bluetooth Internet access server) technology. Red-M has won several awards including the first ever Award for Innovation at the annual Bluetooth Congress in June 2000 and more recently PC Magazine`s `UK Technical Innovation Award`. Red-M is an Associate Member of the Bluetooth Special Internet Group (SIG) and is an active member of the Personal Area Networking (PAN) working group. Information on Red-M can be found at www.red-m.com
About Bluetooth
Bluetooth(TM) wireless technology is set to revolutionize the personal connectivity market by providing freedom from wired connections. It is a specification for a small form-factor, low-cost radio solution providing links between mobile computers, mobile phones and other portable and handheld devices, and connectivity to the Internet. The Bluetooth Special Interest Group (SIG), comprised of leaders in the telecommunications, computing, and network industries, is driving development of the technology and bringing it to market. The Bluetooth SIG includes promoter companies 3Com, Ericsson, IBM, Intel, Lucent, Microsoft, Motorola, Nokia and Toshiba, and more than 2,200 adopter companies.
Red-M, the Red-M logo, Red-M BIAS, and the Red-M Blade are trademarks, and in some jurisdictions may be registered trademarks of Red-M (Communications) Ltd. Madge is a trademark, and in some jurisdictions may be a registered trademark of Madge Networks N.V. or its affiliated companies. Palm OS and Palm Powered are registered trademarks and Palm is a trademark of Palm, Inc. or its subsidiaries. Other trademarks appearing in this release are the property of their respective owners. PC Magazine`s UK Technical Innovation Awards is a trademark of VNU Business Publications Limited
--------------------------------------------------------------------------------
Contact:
Red-M
Internet: www.red-m.com
Rob Forbes, +44 (0) 1753 661779
rob.forbes@red-m.com
or
Public Relations Contacts:
USA
Collaborative Communications
Laura Cleveland/ Liz Washer
Tel: 617/520-9105
cleveland@collaborative.com
or
Outside of USA
Companycare Communications
Jeremy Wrench/ Helen Gorbutt
Tel : +44 118 939 5900
jeremy@companycare.com
heleng@companycare.com
Ciao Tbroker
Hi Tbroker;
wollte gerade die News ins Board stellen. Warst wieder mal schneller. Erst Motorola und jetzt Palm. Ausdauer wird sich doch noch bezahlt machen.
Cu Rbroker
wollte gerade die News ins Board stellen. Warst wieder mal schneller. Erst Motorola und jetzt Palm. Ausdauer wird sich doch noch bezahlt machen.
Cu Rbroker
Hi Tbroker,
noch mal ich. Wußtest Du eigentlich dies. Paßt eigentlich perfekt dazu.
Events
.
August 16, 2001 - Bluetooth Adoption Summit
Location: Marina Del Rey, USA
Speaker: Tim Connelly
This two-day conference focuses on Bluetooth in the adoption stage, with presentations by application developers and examples of implementation in a variety of industry sectors. On Thursday 16 August 2001 at 9 am, Tim Connelly will open the conference with a presentation comparing Bluetooth markets and opportunities in the US and Europe. Tim will address an audience of senior managers and directors from technology companies and sectors such as aeronautics, automotive, entertainment and household appliances.
noch mal ich. Wußtest Du eigentlich dies. Paßt eigentlich perfekt dazu.
Events
.
August 16, 2001 - Bluetooth Adoption Summit
Location: Marina Del Rey, USA
Speaker: Tim Connelly
This two-day conference focuses on Bluetooth in the adoption stage, with presentations by application developers and examples of implementation in a variety of industry sectors. On Thursday 16 August 2001 at 9 am, Tim Connelly will open the conference with a presentation comparing Bluetooth markets and opportunities in the US and Europe. Tim will address an audience of senior managers and directors from technology companies and sectors such as aeronautics, automotive, entertainment and household appliances.
Hi Rbroker,
das wird wohl nun die Sache richtig anheizen.
Wir können nur noch auf Red M hoffen.
Madge Connect ist zwar auch noch da, jedoch denkeich, dass die in der jetzigen Zeit auch nicht viel zu lachen haben.
Ciao Tbroker
das wird wohl nun die Sache richtig anheizen.
Wir können nur noch auf Red M hoffen.
Madge Connect ist zwar auch noch da, jedoch denkeich, dass die in der jetzigen Zeit auch nicht viel zu lachen haben.
Ciao Tbroker
nu guck...
Press Release
SOURCE: Madge Networks
Latest Analyst Report Positions Madge.connect as Clear Token Ring Market Leader
Cahners In-Stat Group Findings Confirm That Madge Is Responsible for 43.5 Per Cent of Total Market Revenues - Ahead of IBM, Cisco and Nortel
WEXHAM SPRINGS, U.K.--(BUSINESS WIRE)--Aug. 2, 2001-- Leading industry analyst, Cahners In-Stat Group has confirmed Madge.connect(TM) - a subsidiary of Madge Networks N.V. (NASDAQ:MADGF - news) - as the clear market leader in Token Ring solutions.
This announcement follows newly-published research from Cahners into the Token Ring networking industry in the year 2000. According to this new research, Madge held off strong competition from other vendors in the key Token Ring sectors of adapters and switching - including IBM, Cisco and Nortel - to secure 43.5 per cent of Token Ring total market revenues, which combines adapter, switching and hub revenues.
The company also held an 83 per cent market share of Advanced Token Ring adapter volumes and 49 per cent of all Token Ring switching port volumes in 2000.
Madge.connect leads the market with its desktop switch, the Smart DeskStream, which enhances or replaces the functions of shared media hubs and MAUs. The Smart DeskStream opens up a wide range of integration and connectivity options for traditional Token Ring workgroups, in addition to improving performance, manageability, flexibility and security.
Cahners In-Stat Group is a member of Cahners Business Information, the largest business-to-business information provider in the world. These new figures also show that Madge.connect`s switching (port volumes) market share leapt by 10 per cent quarter on quarter for the last two quarters of 2000, culminating in a 60 per cent market share in Q4 2000.
These results further confirm Madge.connect`s commitment to delivering next-generation solutions that enable all Token Ring customers to benefit from switching, Gigabit networking and integration with Ethernet whilst maintaining the business benefits of their Token Ring workgroups.
``These latest results are further proof that Madge.connect is driving and leading the market,`` said David Elliott, CEO of Madge.connect. ``Our strong market performance reinforces this industry-leading approach and demonstrates our total commitment to supporting the needs of all Token Ring customers. Despite very strong market competition in the switch and adapter sectors, we have attained this leadership position by showing our customers the practical steps they can take to develop their Token Ring infrastructures in a cost-effective and low-risk way.``
About Cahners In-Stat Group
Cahners In-Stat Group, as part of Reed Elsevier Global Information Network, is a strategic piece of a $5 billion global information network.
The company has access to a worldwide electronic network, databases and personnel, all of which contribute to exceptional insight into individual geographic marketplaces such as Europe and the Pacific Rim, and technology areas such as electronics, cable and wireless.
As a member of Cahners Business Information, it is a core segment of the largest business-to-business information provider in the world.
Cahners In-Stat Group covers the full spectrum of digital communications research from technology to end-user, providing the analysis and perspective that allows technology vendors and service providers worldwide to make more informed business decisions.
In-Stat`s digital communications research provides complete coverage of data, voice, and video communications, from wireless to wireline, computing to Internet, consumers to businesses.
About Madge.connect
Madge.connect is a global supplier of advanced networking product solutions to large enterprises. As the market leader in Token Ring, Madge.connect is pioneering next generation networking solutions, which enable the painless deployment of 100Mbps and Gigabit speed IP-based applications within existing corporate networks while protecting customers` investments in Token Ring.
About Madge
Ciao Tbroker
Press Release
SOURCE: Madge Networks
Latest Analyst Report Positions Madge.connect as Clear Token Ring Market Leader
Cahners In-Stat Group Findings Confirm That Madge Is Responsible for 43.5 Per Cent of Total Market Revenues - Ahead of IBM, Cisco and Nortel
WEXHAM SPRINGS, U.K.--(BUSINESS WIRE)--Aug. 2, 2001-- Leading industry analyst, Cahners In-Stat Group has confirmed Madge.connect(TM) - a subsidiary of Madge Networks N.V. (NASDAQ:MADGF - news) - as the clear market leader in Token Ring solutions.
This announcement follows newly-published research from Cahners into the Token Ring networking industry in the year 2000. According to this new research, Madge held off strong competition from other vendors in the key Token Ring sectors of adapters and switching - including IBM, Cisco and Nortel - to secure 43.5 per cent of Token Ring total market revenues, which combines adapter, switching and hub revenues.
The company also held an 83 per cent market share of Advanced Token Ring adapter volumes and 49 per cent of all Token Ring switching port volumes in 2000.
Madge.connect leads the market with its desktop switch, the Smart DeskStream, which enhances or replaces the functions of shared media hubs and MAUs. The Smart DeskStream opens up a wide range of integration and connectivity options for traditional Token Ring workgroups, in addition to improving performance, manageability, flexibility and security.
Cahners In-Stat Group is a member of Cahners Business Information, the largest business-to-business information provider in the world. These new figures also show that Madge.connect`s switching (port volumes) market share leapt by 10 per cent quarter on quarter for the last two quarters of 2000, culminating in a 60 per cent market share in Q4 2000.
These results further confirm Madge.connect`s commitment to delivering next-generation solutions that enable all Token Ring customers to benefit from switching, Gigabit networking and integration with Ethernet whilst maintaining the business benefits of their Token Ring workgroups.
``These latest results are further proof that Madge.connect is driving and leading the market,`` said David Elliott, CEO of Madge.connect. ``Our strong market performance reinforces this industry-leading approach and demonstrates our total commitment to supporting the needs of all Token Ring customers. Despite very strong market competition in the switch and adapter sectors, we have attained this leadership position by showing our customers the practical steps they can take to develop their Token Ring infrastructures in a cost-effective and low-risk way.``
About Cahners In-Stat Group
Cahners In-Stat Group, as part of Reed Elsevier Global Information Network, is a strategic piece of a $5 billion global information network.
The company has access to a worldwide electronic network, databases and personnel, all of which contribute to exceptional insight into individual geographic marketplaces such as Europe and the Pacific Rim, and technology areas such as electronics, cable and wireless.
As a member of Cahners Business Information, it is a core segment of the largest business-to-business information provider in the world.
Cahners In-Stat Group covers the full spectrum of digital communications research from technology to end-user, providing the analysis and perspective that allows technology vendors and service providers worldwide to make more informed business decisions.
In-Stat`s digital communications research provides complete coverage of data, voice, and video communications, from wireless to wireline, computing to Internet, consumers to businesses.
About Madge.connect
Madge.connect is a global supplier of advanced networking product solutions to large enterprises. As the market leader in Token Ring, Madge.connect is pioneering next generation networking solutions, which enable the painless deployment of 100Mbps and Gigabit speed IP-based applications within existing corporate networks while protecting customers` investments in Token Ring.
About Madge
Ciao Tbroker
Mensch Tbroker,
warst wieder mal schneller. Habe die Sache gerade gelesen und wollte sie posten. Jo, war gerade bei 0,67$, hatte aber heute schon mal 0,8$ drauf. Die Umsätze gefallen mir so richtig.
Hoffe hattest einen erfolgreichen Tag.
Cu Rbroker
warst wieder mal schneller. Habe die Sache gerade gelesen und wollte sie posten. Jo, war gerade bei 0,67$, hatte aber heute schon mal 0,8$ drauf. Die Umsätze gefallen mir so richtig.
Hoffe hattest einen erfolgreichen Tag.
Cu Rbroker
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