Cabletron Systems opens new office in China; Beijing office provides sales, support and customer training for multinational and local companies

Business Wire, Nov 3, 1994

BEIJING, China--(BUSINESS WIRE)--November 3, 1994--Cabletron Systems, the worldwide modular hub market leader in the networking industry(a), expanded its growing market presence in the Pacific-Rim (PAC-RIM) countries by opening an office in Beijing, China recently.

The Beijing office is the fifth full-service office in Asia operated by the $600 million (US), the United States-based company.

The new office is located at Beijing New Century Hotel, Office Tower Block, 6 Southern Road, Beijing, China. Other Cabletron offices offering sales, support and customer training for multinationals and local companies in Asia are located in Singapore, Hong Kong, Japan and Malaysia.

"We opened our first full-service office in Beijing to support China's growing networking market, particularly in the government and multinational sectors," said Bob Levine, president and CEO, Cabletron Systems. "Together, our five, full-service Asian offices have us uniquely positioned to fuel the growth of networking not only in China but the rest of the PAC-RIM as well."

Cabletron operates over 72 offices worldwide with the largest international staff of dedicated sales and support personnel in the industry. International sales generated over $163 million in revenues in FY 1994. Cabletron has recorded 22 consecutive quarters of growth and doubled the sized of its sales and support operations in Asia within the last year.

Headquartered in Rochester, N.H., Cabletron Systems is the modular hub market leader(a) and has over 70 offices worldwide. Cabletron is ISO 9001-certified and develops, manufactures and markets Ethernet, FDDI, Token Ring and ATM networking products based on its Integrated Network Architecture (INA). The INA strategy provides standards-based products and services necessary to build and manage a global, distributed platform of interconnected local and wide area networks.

Cabletron's common stock is traded on the New York Stock Exchange under the symbol CS. The company reported record revenue of $598.1 million and earnings of $119.2 million for the fiscal year 1994. Cabletron now services more than 63,000 customer sites around the world.

(a) Source Dataquest Incorporated; February 1994.

CONTACT: Cabletron Systems

Bob Olson, 603/337-1048