Raptor Networks Technology Teams With iNetwork in Support of Navy Seaport Vendor Contract
Posted on: Monday, 18 June 2007, 06:02 CDT
SANTA ANA, Calif., June 18 /PRNewswire-FirstCall/ -- Raptor Networks Technology, Inc. (BULLETIN BOARD: RPTN) , provider of the world's first distributed network switching architectures, announced today completion of a teaming agreement with iNetwork, Inc. to address network-centric projects under the Navy's SeaPort Vendor Contract. SeaPort Enhanced (SeaPort-e) has made electronic procurement of Engineering, Financial, and Program Management support services a reality. Using SeaPort-e, the Navy Virtual SYSCOM (VS) Commanders (NAVAIR, NAVSEA, NAVSUP and SPAWAR) has adopted an integrated approach to contracting for support services. The SeaPort-e portal provides a standardized means of issuing competitive solicitations amongst a large & diverse community of approved contractors, as well as a platform for awarding & managing performance-based task orders. This unified approach allows SeaPort-e service procurement teams to leverage their best work products, practices, & approaches across the Navy's critical service business sector.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040429/RPTNLOGO )
"We are pleased to join the iNetwork Team as their networking technology partner in support of the Navy's infrastructure modernization initiatives," noted Tom Wittenschlaeger, Raptor Networks' Chairman and CEO. "With an exceptional integration partner and a performance-enhancing technology, we look forward to addressing the Navy's objectives throughout this new service procurement process."
Ernie Martinez, iNetwork's President and CEO, added "We are pleased with the Navy's prompt approval of Raptor Networks Technology as a teaming partner, and look forward to providing our Navy Customer innovative new alternatives to address system and network focused task instructions."
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 iNetwork, Inc
iNetwork is an engineering services company, located in San Diego, CA, providing shipboard electronics system engineering as well as technical support for design, integration, testing, lifecycle support, configuration management, training and technology refresh for shipboard systems. iNetwork has performed tasks for the U.S. Navy since 2000, has executed projects for several divisions on NSWC and NAVSEA HQ, and Naval Shipyards. iNetwork offers significant expertise and inroads to organizations throughout the Navy community, and can positively impact U.S. Navy objectives.
For additional information please see, http://www.inetwork-west.com/. 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
Photo: http://www.newscom.com/cgi-bin/prnh/20040429/RPTNLOGOAP Archive: http://photoarchive.ap.org/PRN Photo Desk, photodesk@prnewswire.com
Raptor Networks Technology, Inc
CONTACT: Tom Wittenschlaeger, CEO, or Bob Van Leyen, CFO, both of RaptorNetworks Technology, Inc., +1-949-623-9300
Web site: http://www.raptor-networks.com/http://www.inetwork-west.com/
Source: PRNewswire-FirstCall
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