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Article: CrossComm and Distributor Net New Zealand Stock Exchange deal; New, consolidated network to serve brokerage customers.
- Article from:
- Business Wire
- Article date:
- April 16, 1996
CopyrightCOPYRIGHT 1996 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MARLBOROUGH, Mass.--(BUSINESS WIRE)-- April 16, 1996 -- OPEN Networks Ltd., a New Zealand based supplier of networking solutions and distributor of CrossComm's ClearPath product line, has been chosen by the New Zealand Stock Exchange to be its supplier of a new state-of-the-art router-based network.
The new network, valued at approximately $300,000, will predominantly use the TCP/IP protocol, and will replace three separate networks which were using X.25, asynchronous multidrop, asynchronous point-to-point, and statmuxed protocols. The network will serve the New Zealand Stock Exchange's broker and share registry users located throughout New Zealand. The network ...